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.