v3.25.2
Organization and Significant Accounting Policies (Tables)
12 Months Ended
Apr. 30, 2025
Organization and Significant Accounting Policies  
Schedule of estimated useful lives of property and equipment

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​

​

​

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Machinery and equipment

    

2 – 7 years

 

Computer equipment and software

 

2 – 5 years

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Buildings

​

5 years

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In-service ISR assets

​

3 years

​

Furniture and fixtures

 

3 – 7 years

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Leasehold improvements

 

Lesser of useful life or term of lease

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Schedule of estimated useful life for the Company's intangible assets

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​

​

​

​

Technology

    

3 – 12 years

 

Backlog

​

1 year

​

Licenses

 

3 years

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Customer relationships

 

3 – 5 years

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In-process research and development

​

3 years

​

Trademarks and tradenames

 

6 years

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Non-compete agreements

​

Contractual term

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Schedule of revenue by category

The following tables present the Company’s revenue disaggregated by segment, contract type, customer category and geographic location (in thousands):

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Year Ended April 30,

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​

​

​

​

​

​

Revenue by segment

​

2025

    

2024

​

2023

UxS

​

$

381,778

​

$

448,006

​

$

343,910

LMS

​

​

351,977

​

​

192,587

​

​

120,624

MW

​

​

86,872

​

​

76,127

​

​

76,002

Total revenue

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$

820,627

​

$

716,720

​

$

540,536

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​

​

​

​

​

​

​

​

​

​

​

​

Year Ended April 30,

​

​

April 30,

​

April 30,

​

April 30,

Revenue by contract type

​

2025

    

2024

​

2023

FFP

​

$

746,190

​

$

634,266

​

$

430,547

CPFF

​

​

67,986

​

​

77,458

​

​

104,444

T&M

​

 

6,451

​

 

4,996

​

 

5,545

Total revenue

​

$

820,627

​

$

716,720

​

$

540,536

​

​

​

​

​

​

​

​

​

​

​

​

​

Year Ended April 30,

​

​

April 30,

​

April 30,

​

April 30,

Revenue by customer category

​

2025

    

2024

​

2023

U.S. government

​

$

613,053

​

$

544,885

​

$

366,895

Non-U.S. government

​

​

207,574

​

​

171,835

​

​

173,641

Total revenue

​

$

820,627

​

$

716,720

​

$

540,536

​

​

​

​

​

​

​

​

​

​

​

​

Year Ended April 30,

​

​

April 30,

​

April 30,

​

April 30,

Revenue by geographic location

​

2025

    

2024

​

2023

Domestic

​

$

390,744

​

$

271,727

​

$

251,428

International

​

​

429,883

​

​

444,993

​

​

289,108

Total revenue

​

$

820,627

​

$

716,720

​

$

540,536

Schedule of revenue percentage by recognition method

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Year Ended April 30,

​

​

April 30,

​

April 30,

​

April 30,

Revenue percentage by recognition method

​

2025

    

2024

​

2023

Over time

​

​

57%

​

​

43%

​

​

51%

Point in time

​

​

43%

​

​

57%

​

​

49%

Total revenue

​

​

100%

​

​

100%

​

​

100%

Schedule of reconciliation of basic to diluted shares

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Year Ended April 30,

 

​

    

2025

    

2024

    

2023

 

​

​

​

​

​

​

​

​

​

​

​

Net income (loss) attributable to AeroVironment, Inc.

​

$

43,619,000

​

$

59,666,000

​

$

(176,212,000)

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Denominator for basic earnings per share:

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​

​

​

​

​

​

​

​

​

Weighted average common shares

​

 

28,018,656

​

 

27,203,417

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25,044,881

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Dilutive effect of employee stock options, restricted stock and restricted stock units

​

 

154,832

​

 

124,576

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—

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Denominator for diluted earnings per share

​

​

28,173,488

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​

27,327,993

​

​

25,044,881

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​