AeroVironment, Inc. (AVAV) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 1.89B | 1.7B | 1.67B | 1.64B | 606.52M | 543.89M | 514.85M | 500.35M | 515.58M | 500.69M | 524.04M | 481.69M | 477M | 390.88M | 357.53M | 357.27M | 368.91M | 354.52M | 364.08M | 344.92M |
| Cash & Short-Term Investments | 632.3M | 587.14M | 588.48M | 685.8M | 40.86M | 47M | 68.96M | 81.16M | 73.3M | 107.69M | 100.91M | 105.87M | 132.86M | 78.28M | 101.42M | 105.84M | 101.95M | 86.5M | 111.08M | 111.88M |
| Cash Only | 377.32M | 289.88M | 359.43M | 685.8M | 40.86M | 47M | 68.96M | 81.16M | 73.3M | 107.69M | 100.91M | 105.87M | 132.86M | 78.28M | 101.42M | 93.18M | 77.23M | 82.53M | 104.77M | 93.92M |
| Short-Term Investments | 254.97M | 297.26M | 229.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.65M | 24.72M | 3.97M | 6.31M | 17.95M |
| Accounts Receivable | 886.58M | 772.63M | 772.27M | 682.94M | 392.6M | 325.99M | 287.74M | 255.59M | 269.78M | 209.91M | 221.41M | 186.47M | 193.29M | 171.34M | 133.06M | 141.46M | 164.81M | 166.31M | 157.29M | 133.22M |
| Days Sales Outstanding | 115.08 | 172.27 | 140.13 | 111.18 | 124.1 | 166.58 | 131.18 | 122 | 114.45 | 105.18 | 102.64 | 112.17 | 90.16 | 103.06 | 111.94 | 128.41 | 113.6 | 163.43 | 108.34 | 121.82 |
| Inventory | 312.86M | 299.28M | 259.21M | 232.89M | 144.09M | 147.97M | 139.7M | 143.84M | 150.17M | 161.38M | 181.77M | 175.4M | 138.81M | 125.94M | 109.81M | 98.6M | 90.63M | 89.62M | 81.94M | 84.85M |
| Days Inventory Outstanding | 70.26 | 75.08 | 57.34 | 49.28 | 81.41 | 125.33 | 112.36 | 119.76 | 120.67 | 130.88 | 154.09 | 163.11 | 114.74 | 120.68 | 110.66 | 115.1 | 97.63 | 113.7 | 95.4 | 99.59 |
| Other Current Assets | 58.7M | 45.2M | 46.49M | 37.71M | 28.97M | 22.92M | 18.44M | 19.76M | 22.33M | 21.71M | 19.96M | 13.95M | 12.04M | 15.32M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 3.83B | 3.75B | 3.97B | 3.98B | 514.05M | 504.26M | 504.24M | 498.82M | 500.28M | 479.61M | 482.65M | 344.37M | 347.57M | 530.32M | 534.15M | 539.39M | 545.29M | 550.74M | 561.23M | 563.63M |
| Property, Plant & Equipment | 267.11M | 250.68M | 249.67M | 247.32M | 82.58M | 81.28M | 82.18M | 76.35M | 76.64M | 73.96M | 74.4M | 65.51M | 67.16M | 73.72M | 78M | 87.25M | 89.06M | 90.22M | 94.28M | 94.21M |
| Fixed Asset Turnover | 2.48x | 1.63x | 1.90x | 2.76x | 3.36x | 2.05x | 2.38x | 2.48x | 2.62x | 2.52x | 2.58x | 2.30x | 2.64x | 1.77x | 1.35x | 1.23x | 1.48x | 0.98x | 1.29x | 1.15x |
| Goodwill | 2.49B | 2.46B | 2.62B | 2.54B | 256.78M | 275.29M | 275.83M | 275.93M | 275.65M | 275.19M | 274.78M | 180.8M | 180.8M | 336.56M | 334.96M | 333.79M | 334.35M | 335.16M | 335.89M | 335.03M |
| Intangible Assets | 929.83M | 925.92M | 971.79M | 1.12B | 48.71M | 57.78M | 62.7M | 67.52M | 72.22M | 77.6M | 82.85M | 40.54M | 43.58M | 83.44M | 88.66M | 91.01M | 97.22M | 103.83M | 110.62M | 117.86M |
| Long-Term Investments | 81.13M | 61.66M | 80.97M | 36.27M | 31.63M | 25.52M | 22.94M | 21.89M | 20.96M | 21.28M | 20.61M | 22.58M | 23.61M | 19.32M | 22.46M | 17.71M | 15.43M | 12.39M | 11.27M | 10.16M |
| Other Non-Current Assets | 54.58M | 49.41M | 45.91M | 42.7M | 32.89M | 23.08M | 19.28M | 15.83M | 13.51M | 10.21M | 9.23M | 7.31M | 5.22M | 8.74M | 1.97M | 1.96M | 1.93M | 5.88M | 6.28M | 3.84M |
| Total Assets | 5.72B | 5.45B | 5.64B | 5.62B | 1.12B | 1.05B | 1.02B | 999.17M | 1.02B | 980.3M | 1.01B | 826.06M | 824.58M | 921.2M | 891.68M | 896.65M | 914.2M | 905.26M | 925.31M | 908.55M |
| Asset Turnover | 0.11x | 0.07x | 0.08x | 0.13x | 0.25x | 0.16x | 0.19x | 0.19x | 0.20x | 0.19x | 0.20x | 0.18x | 0.21x | 0.15x | 0.12x | 0.12x | 0.15x | 0.10x | 0.13x | 0.11x |
| Asset Growth % | 410.17% | 420.31% | 453.29% | 462.87% | 10.31% | 6.92% | 1.23% | 20.96% | 23.2% | 6.42% | 12.9% | -7.87% | -9.8% | 1.76% | -3.63% | -1.31% | -1.55% | 53.18% | 57.36% | 57.24% |
| Total Current Liabilities | 439.24M | 309.32M | 328.03M | 274.93M | 172.16M | 128.91M | 111.61M | 117.36M | 144.88M | 107.53M | 109.3M | 107.19M | 121.33M | 116.4M | 103.85M | 95.88M | 101.39M | 87.48M | 101.43M | 82.66M |
| Accounts Payable | 160.51M | 109.63M | 119.53M | 91.13M | 72.46M | 48.77M | 40.65M | 43.6M | 48.3M | 26.97M | 28.83M | 28.82M | 31.36M | 26.42M | 26.32M | 21.95M | 19.24M | 15.12M | 21.44M | 18.05M |
| Days Payables Outstanding | 31.01 | 30.81 | 24.55 | 21.38 | 33.79 | 38.95 | 33.38 | 37.43 | 29.15 | 21.28 | 24.87 | 31.24 | 25.04 | 27 | 25.63 | 25.05 | 18.61 | 24.23 | 22.59 | 27.29 |
| Short-Term Debt | 17.59M | 0 | 0 | 0 | 0 | 0 | 0 | 10M | 10M | 7.5M | 5M | 10M | 7.5M | 10M | 10M | 10M | 10M | 10M | 10M | 10M |
| Deferred Revenue (Current) | 79.61M | 67.54M | 71.17M | 61.27M | 15.95M | 12.06M | 10.64M | 10.99M | 11.19M | 17.54M | 20.44M | 19.94M | 16.64M | 22.55M | 7.07M | 10.26M | 8.97M | 6.86M | 10.32M | 9.12M |
| Other Current Liabilities | 83.47M | 40.49M | 42.99M | 32.02M | 28.66M | 22.14M | 19.11M | 17.33M | 17.07M | 17.35M | 18.95M | 19.22M | 19.63M | 22.47M | 27.82M | 26.28M | 30.2M | 27.9M | 31.31M | 18.13M |
| Current Ratio | 4.30x | 5.51x | 5.08x | 5.96x | 3.52x | 4.22x | 4.61x | 4.26x | 3.56x | 4.66x | 4.79x | 4.49x | 3.93x | 3.36x | 3.44x | 3.73x | 3.64x | 4.05x | 3.59x | 4.17x |
| Quick Ratio | 3.59x | 4.54x | 4.29x | 5.12x | 2.69x | 3.07x | 3.36x | 3.04x | 2.52x | 3.16x | 3.13x | 2.86x | 2.79x | 2.28x | 2.39x | 2.70x | 2.74x | 3.03x | 2.78x | 3.15x |
| Cash Conversion Cycle | 154.33 | 216.54 | 172.92 | 139.07 | 171.71 | 252.96 | 210.15 | 204.33 | 205.97 | 214.78 | 231.85 | 244.04 | 179.86 | 196.74 | 196.97 | 218.47 | 192.62 | 252.9 | 181.15 | 194.12 |
| Total Non-Current Liabilities | 877.11M | 872.13M | 892.36M | 922.03M | 61.9M | 58.18M | 49.08M | 36.27M | 48.24M | 59.78M | 103.67M | 144.33M | 152.27M | 183.29M | 180.34M | 200.61M | 204.6M | 215.06M | 223.64M | 227.58M |
| Long-Term Debt | 817.2M | 727.88M | 726.79M | 725.7M | 30M | 25M | 15M | 6.79M | 17.09M | 31.29M | 73.68M | 118.54M | 125.9M | 155.76M | 155.62M | 175.48M | 177.84M | 180.4M | 182.77M | 185.14M |
| Capital Lease Obligations | 0 | 82.57M | 84.31M | 87.25M | 23.81M | 24.82M | 25.69M | 21.09M | 22.75M | 21.98M | 23.73M | 19.45M | 21.19M | 22.63M | 20.04M | 20.37M | 21.91M | 20.68M | 21.66M | 23.05M |
| Deferred Tax Liabilities | 50.49M | 53.63M | 73.19M | 101M | 0 | 651K | 670K | 673K | 664K | 1.7M | 1.66M | 1.73M | 1.73M | 2.71M | 2.48M | 2.55M | 2.63M | 5.2M | 5.39M | 5.53M |
| Other Non-Current Liabilities | 9.42M | 8.06M | 8.06M | 8.08M | 8.09M | 7.71M | 7.72M | 7.73M | 7.74M | 4.81M | 4.6M | 4.61M | 3.45M | 2.19M | 2.2M | 2.21M | 2.22M | 8.79M | 13.82M | 13.85M |
| Total Liabilities | 1.32B | 1.18B | 1.22B | 1.2B | 234.06M | 187.09M | 160.69M | 153.63M | 193.12M | 167.31M | 212.97M | 251.51M | 273.61M | 299.69M | 284.2M | 296.48M | 305.99M | 302.55M | 325.07M | 310.24M |
| Total Debt | 834.79M | 826.01M | 825.93M | 829.71M | 64.29M | 59.19M | 50.28M | 47.3M | 59.68M | 69.7M | 111.22M | 156.26M | 162.82M | 196.19M | 193.23M | 212.88M | 216.57M | 217.23M | 220.87M | 224.94M |
| Net Debt | 457.46M | 536.13M | 466.5M | 143.91M | 23.43M | 12.19M | -18.68M | -33.86M | -13.62M | -37.99M | 10.31M | 50.39M | 29.96M | 117.91M | 91.81M | 119.7M | 139.34M | 134.7M | 116.1M | 131.01M |
| Debt / Equity | 0.19x | 0.19x | 0.19x | 0.19x | 0.07x | 0.07x | 0.06x | 0.06x | 0.07x | 0.09x | 0.14x | 0.27x | 0.30x | 0.32x | 0.32x | 0.35x | 0.36x | 0.36x | 0.37x | 0.38x |
| Debt / EBITDA | - | 24.44x | 22.87x | 39.54x | 2.32x | 9.54x | 3.14x | 1.48x | 3.57x | 2.91x | 3.31x | 4.69x | - | 9.60x | 48.78x | 19.85x | 8.20x | 65.99x | 11.21x | 145.97x |
| Net Debt / EBITDA | - | 15.87x | 12.92x | 6.86x | 0.85x | 1.96x | -1.17x | -1.06x | -0.81x | -1.59x | 0.31x | 1.51x | - | 5.77x | 23.18x | 11.16x | 5.28x | 40.92x | 5.89x | 85.02x |
| Interest Coverage | -3.82x | - | - | -3.98x | 36.10x | -12.56x | 10.11x | 96.36x | 53.43x | 125.47x | 12.90x | 13.12x | 13.84x | 1.65x | -5.95x | -2.18x | 10.46x | -9.29x | 2.97x | -6.91x |
| Total Equity | 4.4B | 4.27B | 4.42B | 4.43B | 886.51M | 861.05M | 858.4M | 845.54M | 822.75M | 812.99M | 793.73M | 574.54M | 550.97M | 621.51M | 607.48M | 600.17M | 608.21M | 602.72M | 600.23M | 598.32M |
| Equity Growth % | 396.38% | 396.16% | 414.69% | 423.58% | 7.75% | 5.91% | 8.15% | 47.17% | 49.33% | 30.81% | 30.66% | -4.27% | -9.41% | 3.12% | 1.21% | 0.31% | -0.64% | 14.76% | 14.58% | 15.08% |
| Book Value per Share | 89.64 | 87.61 | 88.85 | 94.43 | 31.36 | 30.72 | 30.50 | 29.90 | 29.28 | 28.99 | 29.44 | 21.95 | 21.65 | 24.85 | 24.40 | 24.20 | 24.39 | 24.23 | 24.12 | 24.30 |
| Total Shareholders' Equity | 4.4B | 4.27B | 4.42B | 4.43B | 886.51M | 861.05M | 858.4M | 845.54M | 822.75M | 812.99M | 793.73M | 574.54M | 550.97M | 621.51M | 607.48M | 599.92M | 607.97M | 602.43M | 599.9M | 598.24M |
| Common Stock | 6K | 6K | 6K | 6K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 4K | 2K | 2K | 2K | 2K | 2K |
| Retained Earnings | 9.18M | 33.28M | 189.83M | 206.94M | 274.31M | 257.64M | 259.4M | 251.85M | 230.69M | 224.64M | 210.76M | 192.92M | 171.02M | 331.49M | 332.17M | 338.84M | 347.23M | 339.98M | 339.96M | 337.44M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -5.63M | -5.51M | -6.22M | -5.88M | -6.51M | -6.2M | -5.23M | -5.05M | -5.59M | -4.89M | -6.08M | -4.51M | -4.45M | -5.05M | -8.48M | -7.56M | -6.51M | -3.43M | -1.68M | -394K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 247K | 241K | 287K | 332K | 77K |