AeroVironment Inc (AVAV)

Gross profit margin

Apr 30, 2025 Apr 30, 2024 Apr 30, 2023 Apr 30, 2022 Apr 30, 2021
Gross profit US$ in thousands 318,636 283,931 173,514 141,236 164,558
Revenue US$ in thousands 692,722 716,720 540,536 445,732 394,912
Gross profit margin 46.00% 39.62% 32.10% 31.69% 41.67%

April 30, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $318,636K ÷ $692,722K
= 46.00%

The gross profit margin of AeroVironment Inc has exhibited notable fluctuations over the analyzed period from April 30, 2021, to April 30, 2025. Specifically, the margin was 41.67% as of April 30, 2021, indicating a relatively strong ability to generate gross profit from sales. By April 30, 2022, the gross profit margin declined to 31.69%, reflecting a potential increase in cost of goods sold or a reduction in pricing power during that period. Subsequently, the margin showed a marginal improvement to 32.10% as of April 30, 2023, suggesting some stabilization but still remaining below the 2021 level.

In the following year, the gross profit margin experienced a significant recovery to 39.62% by April 30, 2024, indicating an improvement in cost control or a favorable shift in sales mix. This upward trend continued into the projected period ending April 30, 2025, where the margin is estimated to reach 46.00%, representing a substantial enhancement relative to the earlier historical margins. Overall, the trajectory demonstrates an initial decline followed by a sustained recovery and improvement, culminating in a projected higher gross profit margin that signals potentially stronger gross profitability and better operational efficiency in the anticipated period.


Peer comparison

Apr 30, 2025

Company name
Symbol
Gross profit margin
AeroVironment Inc
AVAV
46.00%
The Boeing Company
BA
-2.99%