Aerovironment Inc balance sheet

At the end of fiscal 2026, Aerovironment Inc had total assets of $5.72bn and shareholders' equity of $4.40bn. It held $377m in cash against $748m of debt: net debt of $370m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Aerovironment Inc: balance sheet, annual
Fiscal year	2010Apr 2010	2011Apr 2011	2012Apr 2012	2013Apr 2013	2014Apr 2014	2015Apr 2015	2016Apr 2016	2017Apr 2017	2018Apr 2018	2019Apr 2019	2020Apr 2020	2021Apr 2021	2022Apr 2022	2023Apr 2023	2024Apr 2024	2025Apr 2025	2026Apr 2026	LTMAug 2026
Cash and equivalents	29	62	64	75	127	143	124	80	144	173	255	149	77	133	73	41	377	278
Receivables	—	44	56	20	32	34	56	69	57	31	74	63	60	88	70	102	316	183
Inventory	—	38	44	63	51	39	37	41	37	54	46	72	91	139	150	144	313	411
Total current assets	—	303	280	263	307	329	344	354	399	470	504	402	369	477	516	607	1,890	1,882
Goodwill	—	—	—	—	—	—	—	0	—	—	6	314	334	181	276	257	2,494	2,494
Total assets	—	332	369	362	385	397	411	433	473	509	585	929	914	825	1,016	1,121	5,717	5,731
Accounts payable	—	31	20	16	14	19	18	16	21	16	20	25	19	31	48	72	161	175
Deferred revenue (current)	—	—	—	—	—	—	—	—	4	3	8	7	9	17	11	16	80	88
Total current liabilities	—	62	63	42	38	47	46	48	62	45	67	96	101	121	145	172	439	442
Short-term debt	—	—	—	—	—	—	—	—	—	—	—	10	10	8	10	—	—	—
Long-term debt	—	—	—	—	—	—	—	—	—	—	—	188	178	126	17	30	729	730
Total debt	0	0	0	0	0	0	0	0	0	0	0	200	190	135	28	30	748	748
Shareholders' equity	233	263	299	315	342	349	362	382	409	463	510	612	608	551	823	887	4,400	4,396
Net debt (negative = net cash)	−29	−62	−64	−75	−127	−143	−124	−80	−144	−173	−255	51	113	2	−45	−11	370	469
Shares outstanding	—	22m	22m	23m	23m	23m	23m	24m	24m	24m	24m	25m	25m	26m	28m	28m	51m	51m

US$ millions unless shown otherwise. Fiscal quarters.

Aerovironment Inc: balance sheet, quarterly
Quarter	2025 Q2Oct 2024	2025 Q3Jan 2025	2025 Q4Apr 2025	2026 Q1Aug 2025	2026 Q2Nov 2025	2026 Q3Jan 2026	2026 Q4Apr 2026	2027 Q1Aug 2026
Receivables	74	81	102	198	232	201	316	183
Inventory	140	148	144	233	259	299	313	411
Total current assets	515	544	607	1,639	1,666	1,704	1,890	1,882
Goodwill	276	275	257	2,540	2,624	2,372	2,494	2,494
Total assets	1,019	1,048	1,121	5,624	5,638	5,364	5,717	5,731
Accounts payable	41	49	72	91	120	110	161	175
Deferred revenue (current)	11	12	16	61	71	68	80	88
Total current liabilities	112	129	172	275	328	309	439	442
Long-term debt	15	25	30	726	727	728	729	730
Total debt	15	25	30	726	727	728	729	730
Shareholders' equity	858	861	887	4,427	4,418	4,185	4,400	4,396
Shares outstanding	28m	28m	28m	50m	50m	50m	51m	51m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Aerovironment Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Aerovironment Inc.