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AeroVironment (AeroVironment) Gross Profit

: $276.7 Mil (TTM As of Jan. 2024)
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AeroVironment's gross profit for the three months ended in Jan. 2024 was $67.3 Mil. AeroVironment's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $276.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. AeroVironment's gross profit for the three months ended in Jan. 2024 was $67.3 Mil. AeroVironment's Revenue for the three months ended in Jan. 2024 was $186.6 Mil. Therefore, AeroVironment's Gross Margin % for the quarter that ended in Jan. 2024 was 36.06%.

AeroVironment had a gross margin of 36.06% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of AeroVironment was 45.17%. The lowest was 31.69%. And the median was 40.53%.

Warning Sign:

AeroVironment Inc gross margin has been in long-term decline. The average rate of decline per year is -5.2%.


AeroVironment Gross Profit Historical Data

The historical data trend for AeroVironment's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AeroVironment Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.40 153.10 164.56 141.24 173.51

AeroVironment Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.51 68.40 65.66 75.35 67.29

Competitive Comparison

For the Aerospace & Defense subindustry, AeroVironment's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AeroVironment Gross Profit Distribution

For the Aerospace & Defense industry and Industrials sector, AeroVironment's Gross Profit distribution charts can be found below:

* The bar in red indicates where AeroVironment's Gross Profit falls into.



AeroVironment Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

AeroVironment's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=540.536 - 367.022
=173.5

AeroVironment's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=186.578 - 119.291
=67.3

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $276.7 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

AeroVironment's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=67.3 / 186.578
=36.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


AeroVironment  (NAS:AVAV) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

AeroVironment had a gross margin of 36.06% for the quarter that ended in Jan. 2024 => Competition eroding margins


AeroVironment Gross Profit Related Terms

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AeroVironment (AeroVironment) Business Description

Traded in Other Exchanges
Address
241 18th Street South, Suite 415, Arlington, VA, USA, 22202
AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.
Executives
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Brian Charles Shackley officer: Chief Accounting Officer 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Cindy Kay Lewis director 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Trace E Stevenson officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Brett P Hush officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Jeff E Rodrian officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93063
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Kevin Patrick Mcdonnell officer: Chief Financial Officer 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Stephen F Page director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles Thomas Burbage director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles R Holland director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Melissa Ann Brown officer: VP, Gen. Counsel, Corp. Sec. 800 ROYAL OAKS DRIVE, SUITE 210, MONROVIA CA 91016
Alison Marie Roelke officer: VP People & Culture 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Timothy E Conver director, 10 percent owner, officer: President and CEO 900 INNOVATORS WAY, SIMI VALLEY CA 93065