AeroVironment FY27 Q1 net loss narrows to $5.1 million; revenue rises 6% to $480.5 million
AVAV•Bookings and outlook
Bookings totaled $0.7 billion, lifting the book-to-bill ratio to 1.4.
Funded backlog climbed 37% year-over-year to a record $1.5 billion.
The company maintained its full-year revenue outlook at $2.13 billion-$2.23 billion.
Quarterly results and margin improvement
AeroVironment posted fiscal 2027 first-quarter revenue of $480.5 million, up 6% year-over-year.
Net loss narrowed to $5.1 million, or $0.10 per diluted share.
Gross margin rose to 26% from 21%, helped by lower intangible amortization and other non-cash purchase accounting expenses.
