AeroVironment, Inc. (AVAV) financial statements (2023 and earlier)

Company profile

Business Address 241 18TH STREET SOUTH, SUITE 415
ARLINGTON, VA 22202
State of Incorp. DE
Fiscal Year End April 30
SIC 3721 - Aircraft (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
4/30/2021
Q4
1/31/2021
Q3
10/31/2020
Q2
7/31/2020
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments86,497111,081111,877180,712373,042347,236318,173
Cash and cash equivalents82,528104,77093,924148,741324,543280,099246,839
Short-term investments3,9696,31117,95331,97148,49967,13771,334
Receivables166,310157,291133,217134,27987,705101,274117,148
Inventory, net of allowances, customer advances and progress billings89,61681,94484,85271,64653,10451,77945,530
Inventory89,61681,94484,85271,64653,10451,77945,530
Other undisclosed current assets12,09913,76114,97215,0017,6937,3105,941
Total current assets:354,522364,077344,918401,638521,544507,599486,792
Noncurrent Assets
Operating lease, right-of-use asset24,84826,05827,64922,90211,28112,36313,612
Property, plant and equipment65,37768,21766,56358,89622,92022,86822,907
Long-term investments and receivables12,38811,27110,16512,15611,22220,97620,338
Long-term investments12,38811,27110,16512,15611,22220,97620,338
Intangible assets, net (including goodwill)438,989446,508452,884420,47317,89218,55319,268
Goodwill335,164335,888335,029314,2056,3406,3406,340
Intangible assets, net (excluding goodwill)103,825110,620117,855106,26811,55212,21312,928
Deferred income tax assets3,2582,9002,5342,0615,8215,5465,262
Other noncurrent assets5,8816,2763,84010,4403121029,640
Total noncurrent assets:550,741561,230563,635526,92869,44880,40891,027
TOTAL ASSETS:905,263925,307908,553928,566590,992588,007577,819
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities36,57243,35438,66253,77038,28835,98027,385
Accounts payable15,11821,44318,04624,84115,83714,22511,740
Employee-related liabilities21,20721,69720,06728,06820,08118,73713,025
Taxes payable2472145498612,3703,0182,620
Deferred revenue6,86410,3229,1177,1834,2792,9575,725
Debt10,00010,00010,00010,000  4,478
Self insurance reserve   1,181   
Other liabilities27,89731,31318,13419,0789,15810,5118,735
Other undisclosed current liabilities6,1506,4406,7474,9734,4034,030 
Total current liabilities:87,483101,42982,66096,18556,12853,47846,323
Noncurrent Liabilities
Long-term debt and lease obligation201,076204,434208,189206,6158,4269,42210,344
Long-term debt, excluding current maturities180,398182,769185,141187,512   
Operating lease, liability20,67821,66523,04819,1038,4269,42210,344
Liabilities, other than long-term debt13,98919,21019,38713,6591,2601,2601,260
Deferred income tax liabilities5,1985,3905,533    
Liability for uncertainty in income taxes3,5183,5183,5183,5181,0171,0171,017
Other liabilities5,27310,30210,33610,141243243243
Total noncurrent liabilities:215,065223,644227,576220,2749,68610,68211,604
Total liabilities:302,548325,073310,236316,45965,81464,16057,927
Stockholders' equity
Stockholders' equity attributable to parent602,428599,902598,240612,093525,190523,906519,929
Common stock2222222
Additional paid in capital265,885261,612261,192260,327184,366183,298181,406
Accumulated other comprehensive income (loss)(3,434)(1,677)(394)343347342351
Retained earnings339,975339,965337,440351,421340,475340,264338,170
Stockholders' equity attributable to noncontrolling interest2873327714(12)(59)(37)
Total stockholders' equity:602,715600,234598,317612,107525,178523,847519,892
TOTAL LIABILITIES AND EQUITY:905,263925,307908,553928,566590,992588,007577,819

Income statement (P&L) ($ in thousands)

1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
4/30/2021
Q4
1/31/2021
Q3
10/31/2020
Q2
7/31/2020
Q1
Revenues90,093122,008101,009136,01578,78292,66587,450
Revenue from related parties9,54310,34210,3527,1087,48011,45216,386
Cost of revenue
(Cost of Goods and Services Sold)
(68,657)(79,553)(72,286)(76,360)(50,141)(51,814)(52,039)
Gross profit:21,43642,45528,72359,65528,64140,85135,411
Operating expenses(35,562)(39,116)(40,836)(41,895)(29,283)(26,953)(23,114)
Operating income (loss):(14,126)3,339(12,113)17,760(642)13,89812,297
Nonoperating income (expense)34(10,048)(346)(8,815)57187241
Investment income, nonoperating    94115208
Other nonoperating income (expense)34(10,048)(346) (37)7233
Interest and debt expense  (129)    
Other undisclosed loss from continuing operations before equity method investments, income taxes(1,510)(1,379)(1,146)(618)   
Income (loss) from continuing operations before equity method investments, income taxes:(15,602)(8,088)(13,734)8,327(585)14,08512,538
Income (loss) from equity method investments1711,133(1,141)410(81)(9,522)(1,288)
Income (loss) from continuing operations before income taxes:(15,431)(6,955)(14,875)8,737(666)4,56311,250
Income tax expense (benefit)15,3969,5119572,235924(2,491)(1,207)
Net income (loss) attributable to parent:(35)2,556(13,918)10,9722582,07210,043
Other undisclosed net income (loss) available to common stockholders, basic45(31)(63)(26)(47)2237
Net income (loss) available to common stockholders, diluted:102,525(13,981)10,9462112,09410,080

Comprehensive Income ($ in thousands)

1/31/2022
Q3
10/31/2021
Q2
7/31/2021
Q1
4/30/2021
Q4
1/31/2021
Q3
10/31/2020
Q2
7/31/2020
Q1
Net income (loss):(35)2,556(13,918)10,9722582,07210,043
Other undisclosed comprehensive income (loss)(1,757)(1,283)(737)(4)5(9)23
Comprehensive income (loss):(1,792)1,273(14,655)10,9682632,06310,066
Comprehensive income (loss), net of tax, attributable to noncontrolling interest45(31)(63)(26)(47)2237
Comprehensive income (loss), net of tax, attributable to parent:(1,747)1,242(14,718)10,9422162,08510,103

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: