AeroVironment, Inc. ( (AVAV) ) has released its Q2 earnings. Here is a breakdown of the information AeroVironment, Inc. presented to its investors.
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AeroVironment, Inc. is a global leader in intelligent, multi-domain robotic systems, providing technology solutions that integrate robotics, sensors, software analytics, and connectivity for defense, government, and commercial customers. The company is headquartered in Virginia and is publicly traded on NASDAQ under the symbol AVAV.
The company recently reported its financial results for the fiscal second quarter of 2025, showing a record revenue of $188.5 million, a 4% increase compared to the previous year. Other highlights include a net income of $7.5 million and a non-GAAP adjusted EBITDA of $25.9 million. Additionally, AeroVironment announced an agreement to acquire BlueHalo in an all-stock transaction valued at approximately $4.1 billion.
Key performance metrics reveal a notable increase in revenue from the Loitering Munitions Systems segment, which grew by 157%, and the MacCready Works segment, which saw a 42% increase. However, the UnCrewed Systems segment experienced a 35% decline. Despite the revenue growth, the company’s gross margin decreased to 39% from 42%, attributed to a higher proportion of LMS product revenue and increased intangible amortization expenses.
AeroVironment’s funded backlog rose significantly to $467.1 million, indicating strong demand and future revenue potential. The proposed acquisition of BlueHalo is expected to enhance growth opportunities with complementary products and capabilities, positioning AeroVironment as a next-generation defense technology company.
Looking ahead, the company maintains its revenue guidance for fiscal year 2025 between $790 million and $820 million, with expectations for non-GAAP adjusted EBITDA between $143 million and $153 million. This outlook reflects AeroVironment’s strategic focus on expanding its portfolio and market presence in key defense and intelligence sectors.
