AeroVironment Inc. 2026年季度报告

FORM10-Q Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ AeroVironment,Inc. Table of Contents Item 1. Financial Statements: Condensed Consolidated Balance Sheets as of January 31, 2026 (Unaudited) and April30,20253CondensedConsolidated Statements of Operations for the three and nine months endedJanuary 31, 2026 (Unaudited) and January 25, 2025 (Unaudited)4 nine months ended January 31, 2026 (Unaudited) and January 25, 2025 (Unaudited) Condensed Consolidated Statements of Stockholders’ Equity for the three and nine months ended January 31, 2026 (Unaudited)and January 25, 2025 (Unaudited) CondensedConsolidated Statements of Cash Flows for the nine months ended January 31,2026 (Unaudited) and January 25, 2025(Unaudited)Notes to CondensedConsolidated Financial Statements (Unaudited)Item 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and Procedures PARTII. OTHER INFORMATION Item 1.Legal ProceedingsItem1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5. Other InformationItem 6. ExhibitsSignatures PARTI. FINANCIAL INFORMATION AeroVironment,Inc.Condensed Consolidated Balance Sheets AeroVironment,Inc.Condensed Consolidated Statements of Comprehensive (Loss) Income (Unaudited) See accompanying notes to condensed consolidated financial statements (unaudited). AeroVironment,Inc.Condensed Consolidated Statements of Stockholders’ Equity AeroVironment,Inc.Condensed Consolidated Statements of Stockholders’ Equity AeroVironment, Inc.Notes to Condensed Consolidated Financial Statements (Unaudited) 1. Organization and Significant Accounting Policies Organization AeroVironment,Inc. (“AeroVironment”, “AV” or “the Company”), a Delaware corporation, is a defensetechnology provider delivering integrated capabilities across air, land, sea, space, and cyber. AV developsand deploys autonomous systems, uncrewed aircraft systems (“UAS”), precision strike systems, counter-UAS (“C-UAS”) technologies, space-based platforms, directed energy systems, and cyber and electronicwarfare capabilities. AV operates a national manufacturing footprint to deliver proven systems and Effective May 1, 2025, the Company reorganized its segments. In connection with the Company’sacquisition of BlueHalo Financing Topco, LLC (“BlueHalo”), the reorganization was implemented to driveadditional operational improvements, foster synergies and provide leaders with greater autonomy over Autonomous Systems (“AxS”)— The AxS segment focuses on the design, development, production,delivery, and support of intelligent, multi-domain robotic systems, including UAS, uncrewed underwatervehicles and ground robot systems. The segment includes the Company’s former Uncrewed Systems,Loitering Munitions Systems (“LMS”), and MacCready Works segments as well as Radio Frequency andKinetic C-UAS, Electronic Warfare Systems and Uncrewed Maritime products and services from the Space, Cyber, and Directed Energy (“SCDE”)— The SCDE segment focuses on advanced technologies inthe space domain providing space-based and ground-based platforms, cyber capabilities, and directedenergy systems. This segment positions the Company in high-growth areas of next-generation defensetechnology, addressing emerging threats and mission requirements in space, cyber warfare, and directed Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared inaccordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interimfinancial information and with the instructions of Form 10-Q and Article 10 of Regulation S-X.Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for completefinancial statements. In the opinion of management, all adjustments, consisting only of normal recurringadjustments necessary for a fair presentation with respect to the interim financial statements have been The preparation of financial statements in conformity with U.S. GAAP requires management to makeestimates and assumptions, including estimates of anticipated contract costs and revenue utilized in the Table of Contents that affect the reported amounts in the unaudited condensed consolidated financial statements andaccompanying notes. Actual results could differ from those estimates. The Company’s unaudited condensed consolidated financial statements in