AeroVironment Q3 Revenue Up 143.4% at $408M, EPS $0.64 Miss Estimates
Q3 ended January 2026 revenue was $408.05 million, up 143.4% year-over-year, missing the $472.98 million consensus by 13.7%; EPS of $0.64 rose from $0.30 but trailed estimates by 5.9%. Autonomous Systems sales were $278.74 million versus $298.27 million forecast, and Cyber & Directed Energy delivered $129.3 million against a $169.37 million estimate.
1. Q3 Financial Results
The quarter ended January 2026 delivered $408.05 million in revenue, up 143.4% year-over-year, falling 13.7% short of the $472.98 million consensus. EPS of $0.64 improved from $0.30 a year ago but undershot the $0.68 forecast by 5.9%.
2. Segment Performance
Autonomous Systems generated $278.74 million versus a $298.27 million estimate. Cyber & Directed Energy sales reached $129.3 million against a $169.37 million forecast. Contract Services jumped 367.1% year-over-year to $130.23 million, while Product Sales rose 98.8% to $277.81 million.
3. Market Reaction and Outlook
Shares have declined 17.2% over the past month compared with a 2.3% drop in the S&P 500. The stock holds a Zacks Rank #5 (Strong Sell), signaling potential further underperformance in the near term.