AeroVironment (AVAV) revenue breakdown
By segment, AxS is the largest at 69% of fiscal 2026 revenue.
By product, Precision Strike and Defense Systems is the largest at 43% of fiscal 2026 revenue, growing 110% a year over 2 years.
Revenue by segment
Fiscal years, as AeroVironment reports them in its 10-K filings; fiscal 2026 total $2.0B.
| Segments | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|
| AxS | — | — | — | — | — | — | $1.4B | 69% |
| SCDE | — | — | — | — | — | — | $619M | 31% |
| UxS | — | — | $301M | $344M | $448M | $382M | — | — |
| LMS | — | — | — | $121M | $193M | $352M | — | — |
| SUAS | $226M | $236M | — | — | — | — | — | — |
| MW | — | — | — | $76M | $76M | $87M | — | — |
| TMS | $64M | $87M | $76M | — | — | — | — | — |
| MUAS | — | $16M | $69M | — | — | — | — | — |
| HAPSMobile | $61M | — | — | — | — | — | — | — |
| All other | $17M | $56M | — | — | — | — | — | — |
Revenue by product
Fiscal years, as AeroVironment reports them in its 10-K filings; fiscal 2026 total $2.0B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Precision Strike and Defense Systems | — | — | — | — | — | — | — | $193M | $359M | $848M | 43% |
| Uncrewed Aircraft Systems | $81M | $63M | $65M | $64M | $87M | $76M | $121M | $408M | $352M | $364M | 18% |
| Cyber and Mission Solutions | — | — | — | — | — | — | — | — | — | $345M | 17% |
| Space and Directed Energy | — | — | — | — | — | — | — | — | — | $273M | 14% |
| Other | — | — | — | — | — | — | — | $116M | $109M | $146M | 7% |
| UxS | — | — | — | — | — | $301M | $344M | — | — | — | — |
| SUAS | $146M | $168M | $183M | $226M | $236M | — | — | — | — | — | — |
| MW | — | — | — | — | — | $69M | $76M | — | — | — | — |
| HAPS | $3,000 | $30M | $55M | $61M | — | — | — | — | — | — | — |
| Other. | $6M | $8M | $11M | $17M | $56M | — | — | — | — | — | — |
| MUAS ISR Contract. | — | — | — | — | $16M | — | — | — | — | — | — |
Revenue by region
Fiscal years, as AeroVironment reports them in its 10-K filings; fiscal 2026 total $2.0B.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Domestic | $150M | $142M | $151M | $201M | $242M | $262M | $251M | $272M | $391M | $1.4B | 72% |
| International | $83M | $126M | $163M | $166M | $153M | $183M | $289M | $445M | $430M | $556M | 28% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for AVAV.
Open AVAV in InvestinglyQuestions
Where does AeroVironment make its money?
In fiscal 2026, by segment: AxS $1.4B, SCDE $619M.
From AeroVironment's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.