AeroVironment Inc (AVAV)
Gross profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 316,929 | 290,751 | 293,787 | 287,436 | 283,026 | 284,222 | 283,647 | 282,020 | 275,070 | 245,230 | 225,080 | 185,310 | 142,800 | 131,004 | 119,208 | 141,940 | 137,486 | 125,208 | 133,949 | 127,782 |
| Revenue (ttm) | US$ in thousands | 787,811 | 742,556 | 761,498 | 759,618 | 750,951 | 734,788 | 700,557 | 665,864 | 671,089 | 624,668 | 606,716 | 566,415 | 491,958 | 466,079 | 439,548 | 460,586 | 439,095 | 430,215 | 444,359 | 444,087 |
| Gross profit margin | 40.23% | 39.16% | 38.58% | 37.84% | 37.69% | 38.68% | 40.49% | 42.35% | 40.99% | 39.26% | 37.10% | 32.72% | 29.03% | 28.11% | 27.12% | 30.82% | 31.31% | 29.10% | 30.14% | 28.77% |
April 30, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $316,929K ÷ $787,811K
= 40.23%
The gross profit margin of AeroVironment Inc. has demonstrated a general upward trend over the period examined, reflecting improvements in the company's core profitability on sales. Beginning at approximately 28.77% as of January 31, 2022, the margin experienced some fluctuations but maintained an overall upward trajectory, reaching a peak of around 42.35% by October 31, 2023. This increase indicates that the company has been effective in either reducing cost of goods sold relative to sales or increasing product pricing efficiency.
Throughout this period, the margin exhibited periods of minor decline, such as from July 31, 2022 (31.31%) to October 31, 2022 (27.12%) and again from October 31, 2023 (42.35%) to January 31, 2024 (38.68%), suggesting occasional cost pressure or pricing adjustments. Nevertheless, from early 2023 onward, the gross profit margin has generally trended higher, with consistent increases observed in mid to late 2023, culminating in values exceeding 40%. Notably, the margin reached approximately 40.23% as of April 30, 2025, indicating sustained efficiency improvements or favorable market conditions.
Overall, the data indicates AeroVironment Inc. has effectively enhanced its gross profitability over the analyzed period, reflecting operational improvements, better cost management, or a strategic focus on higher-margin products or services. The trend toward higher gross profit margins suggests a strengthening of the company's fundamentals related to its sales and cost structure.
Peer comparison
Apr 30, 2025