AeroVironment (AVAV) has set an ambitious financial target, projecting revenues of $2.125 billion to $2.225 billion for fiscal year 2027. This forward-looking guidance is accompanied by strategic plans to expand the company’s manufacturing capacity, signaling a robust growth trajectory in the coming years.
Q4 FY2026 Performance Highlights
The company’s Chairman of the Board, President & CEO, Wahid Nawabi, provided insights into AeroVironment’s performance during the fourth quarter of fiscal year 2026. According to Nawabi, the company reported significant financial achievements, including revenues of nearly $642 million.
Further details from the Q4 FY2026 management view include:
- Increased funded backlog of $1.2 billion.
- Strong adjusted EBITDA of $140 million.
- Bookings totaling $572 million.
These figures underscore a period of substantial operational activity and financial strength, providing a foundation for the projected FY2027 revenue growth. The expansion of manufacturing capacity is a critical component of AeroVironment’s strategy to meet future demand and achieve its elevated revenue targets.
