AeroVironment Inc

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Available to Common Stockholders, Basic $12.5m
$20.1m +60.81%
$47.4m +136.39%
$41.1m -13.42%
($4.2m)
($176.2m) -4107.55%
$59.7m +133.86%
$43.6m -26.89%
($265.1m) -707.81%
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $12.5m $19.9m $47.4m $41.1m ($4.2m) ($176.2m) $59.7m $43.6m ($265.1m)
Net Income (Loss) Attributable to Noncontrolling Interest ($22k) ($216k)
Depreciation, Depletion and Amortization $7.1m $6.0m $7.7m $9.9m $19.3m $60.8m $100.0m $35.7m $41.0m $265.0m $265.0m
Amortization of Deferred Charges $223.1m
Amortization of Debt Issuance Costs $145k $789k $845k $1.0m $1.2m $11.4m
Amortization of Intangible Assets $139k $296k $357k $2.8m $26.6m $58.1m $18.0m $23.4m $204.0m
Depreciation $6.9m $5.7m $7.3m $7.1m $19.3m $30.5m $41.8m $17.1m $17.1m $35.8m $265.0m
Depreciation, Nonproduction $41.9m $265.0m
Amortization of debt securities $2.4m $1.4m ($1.5m) ($1.4m) $309k $242k $125k ($879k)
Amortization Of Securities $125k $0 $0 ($879k) ($879k)
Depreciation Amortization Depletion $100.0m $35.7m $41.0m $265.0m $265.0m
Deferred Income Tax Expense (Benefit) ($143k) $2.9m $2.5m $2.5m ($7.8m) ($19.9m) ($20.5m) ($20.7m) ($27.1m) ($27.1m)
Deferred income taxes ($52k) $3.8m $4.8m $3.4m ($1.7m) ($7.3m) ($18.7m) ($23.3m) ($20.2m) ($27.1m) ($27.1m)
Deferred Tax ($18.7m) ($23.3m) ($20.2m) ($27.1m) ($27.1m)
Share-based Payment Arrangement, Noncash Expense $3.7m $5.0m $7.0m $6.2m $5.4m $10.8m $17.1m $21.5m $38.3m $38.3m
Payment, Tax Withholding, Share-based Payment Arrangement $5k $397k $1.1m $1.1m $2.0m $1.2m $1.1m $1.6m $4.1m $10.9m
Share-based Payment Arrangement, Expense $3.7m $5.0m $7.0m $6.2m $5.4m $10.8m $17.1m $21.5m $38.3m $38.3m
Stock-based compensation $3.7m $5.0m $7.0m $6.2m $6.9m $5.4m $10.8m $17.1m $21.5m $38.3m $38.3m
Goodwill and Intangible Asset Impairment $1.0m $0 $0
Goodwill, Impairment Loss $156.0m $18.4m $240.7m $240.7m
Impairment of Intangible Assets, Finite-lived $899k
Impairment of goodwill $156.0m $156.0m $18.4m $240.7m
Asset Impairment Charge $156.0m $0 $18.4m $240.7m $240.7m
Income (Loss) from Equity Method Investments ($119k) ($1.3m) ($3.9m) ($5.5m) $10.5m $5.9m ($2.5m) ($1.7m) $4.8m $17.4m
Other Nonoperating Income (Expense) $60k ($49k) $12.0m $707k ($10.3m) ($346k) ($4.4m) $1.1m $11.0m
(Gain)/Loss from equity method investments $10.5m ($5.9m) $2.5m $1.7m ($4.8m) ($17.4m)
Contributions in equity method investments ($3.3m) ($7.6m) ($14.5m) ($2.7m) ($6.9m) ($5.8m) ($3.1m) ($5.7m) ($4.5m)
Earnings (Loss)es From Equity Investments $2.5m $1.7m ($4.8m) ($17.4m) ($17.4m)
Changes in operating assets and liabilities:
Change In Working Capital ($84.2m) ($106.8m) ($118.3m) ($354.9m) ($354.9m)
Increase (Decrease) in Accounts Receivable $18.6m ($11.2m) ($25.8m) $42.9m ($3.1m) $27.4m ($19.2m) $31.8m $128.7m ($289.0m)
Accounts receivable ($18.6m) $11.2m $25.8m ($42.9m) $17.2m $3.1m ($27.4m) $19.2m ($31.8m) ($128.7m) ($289.0m)
Unbilled receivables and retentions $4.8m $903k ($36.2m) ($22.8m) $8.4m ($31.9m) ($1.4m) ($92.8m) ($90.5m) ($159.0m) ($289.0m)
Change In Receivables ($28.4m) ($73.6m) ($122.9m) ($289.0m) ($289.0m)
Changes In Account Receivables ($27.4m) $19.2m ($31.8m) ($128.7m) ($289.0m)
Increase (Decrease) in Inventories $22.6m ($2.3m) $16.6m ($8.9m) $27.2m $61.8m $23.0m ($3.0m) $111.6m ($111.6m)
Inventory Write-down $5.1m $5.4m $2.3m $8.1m $13.9m $2.9m $8.5m
Reserve for inventory excess and obsolescence $1.2m $2.3m $8.1m $13.9m $2.9m $8.5m
Inventories ($22.6m) $2.3m ($16.6m) $8.9m ($5.2m) ($27.2m) ($61.8m) ($23.0m) $3.0m ($111.6m) ($111.6m)
Change In Inventory ($61.8m) ($23.0m) $3.0m ($111.6m) ($111.6m)
Increase (Decrease) in Accounts Payable $2.8m $5.7m ($7.1m) $3.1m $2.6m ($7.0m) $12.5m $13.0m $22.3m $28.1m $28.1m
Prepaid expenses and other assets ($1.5m) $419k ($2.4m) $831k ($6.1m) ($4.5m) ($3.8m) ($20.3m) ($21.0m) ($19.9m)
Other liabilities ($946k) $7.9m ($4.0m) $8.2m $6.2m ($7.5m) ($2.6m) ($2.8m) $303k $37.6m
Change In Other Current Liabilities ($2.6m) ($2.8m) $303k $37.6m $37.6m
Net Cash Provided by (Used in) Operating Activities ($10.5m)
$70.4m +770.88%
$26.9m -61.74%
$25.1m -6.86%
$86.5m +244.79%
($9.6m) -111.11%
$11.4m +218.53%
$15.3m +34.14%
($1.3m) -108.62%
($78.4m) -5848.71%
($78.4m) 0.00%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $9.9m $9.6m $8.9m $11.2m $22.3m $14.9m $23.0m $22.8m $62.5m ($86.2m)
Gain (Loss) on Disposition of Property Plant Equipment ($37k) ($20k) ($76k) $71k $756k ($8.3m) ($1.5m) ($621k) ($311k) ($2.1m) ($15.3m)
Capital Expenditure Reported $0 ($3.3m) ($23.7m) ($86.2m)
Gain (Loss) on Sale of Investments $180k $132k ($177k)
Unrealized Gain (Loss) on Investments ($132k) ($3.9m) $177k $11.7m ($11.7m)
Purchase of available-for-sale investments ($106.6m) ($125.6m) ($23.9m) ($1.3m) ($369.9m)
Redemption of available-for-sale investments $450k $2.2m $200.9m $146.4m $35.9m $26.1m $94.5m
Payments to Acquire Businesses, Net of Cash Acquired $430k ($876.0m)
Business acquisitions, net of cash acquired ($430k) ($18.6m) ($385.6m) ($46.1m) ($5.1m) ($24.2m) ($871.5m)
Payments for (Proceeds from) Other Investing Activities $250k
Net Other Investing Changes $4.6m ($250k) ($250k)
Net Cash Provided by (Used in) Investing Activities ($37.4m) ($378.8m) ($52.3m) ($7.0m) ($51.7m) ($28.5m) ($1.2b) ($1.2b)
Cash flows from financing activities:
Repayments of Long-term Debt $28.0m $700.0m ($965.0m)
Proceeds from long-term debt $200.0m $693.2m
Payment of debt issuance costs ($3.9m) ($293k) ($37k) ($1.2m) ($2.4m)
Issuance Of Debt $0 $0 $40.0m $1.7b $1.7b
Long Term Debt Issuance $0 $0 $40.0m $1.7b $1.7b
Long Term Debt Payments ($55.0m) ($107.0m) ($38.0m) ($965.0m) ($965.0m)
Net Issuance Payments Of Debt ($55.0m) ($107.0m) $2.0m $689.1m $689.1m
Net Long Term Debt Issuance ($55.0m) ($107.0m) $2.0m $689.1m $689.1m
Repayment Of Debt ($55.0m) ($107.0m) ($38.0m) ($965.0m) ($965.0m)
Payments for Repurchase of Common Stock
Proceeds from Issuance of Common Stock $72.4m $104.6m $88.4m $968.5m
Issuance of common stock for business acquisition $72.4m $109.8m $2.8b $968.5m
Common Stock Issuance $104.6m $88.4m $0 $968.5m $968.5m
Issuance Of Capital Stock $104.6m $88.4m $0 $968.5m $968.5m
Proceeds from (Payments for) Other Financing Activities ($31k) ($28k) ($24k) ($23k) ($16k)
Net Other Financing Charges ($1.1m) ($4.3m) ($8.6m) ($14.8m) ($14.8m)
Net Cash Provided by (Used in) Financing Activities $3.5m
$2.0m -41.79%
($1.2m) -158.61%
($1.8m) -54.56%
$194.2m +10709.84%
($16.6m) -108.55%
$50.8m +406.10%
($22.9m) -144.95%
($2.9m) +87.50%
$1.6b +57774.30%
$1.6b 0.00%
Net increase (decrease) in cash and cash equivalents ($44.4m) $63.6m $29.2m $82.4m ($98.1m) ($79.8m) $55.6m ($59.6m) ($32.4m) $336.5m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($44.4m) $63.6m $29.2m $82.4m ($98.1m) ($79.8m) $55.6m ($59.6m) ($32.4m) $336.5m $377.3m
Cash and cash equivalents at beginning of period $124.3m $79.9m $143.5m $157.1m $77.2m $132.9m $73.3m $40.9m $377.3m
Beginning Cash Position $77.2m $132.9m $73.3m $40.9m $40.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $77.2m $132.9m $73.3m $40.9m $377.3m $377.3m
Effect Of Exchange Rate Changes $397k ($284k) $225k $360k $360k
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Proceeds from Stock Options Exercised $3.9m $2.7m $71k $100k $2.8m $2.3m $0 $1.8m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $5.0m $10.2m $6.8m $1.8m $12.8m
Income Taxes Paid, Net $1.8m $1.8m $6.8m $532k $2.4m $1.9m $2.9m $20.4m $24.6m $3.6m
Additional Financial Items
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax $8.5m ($265k)
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax ($3.0m)
Equity Securities, FV-NI, Gain (Loss) $132k $3.9m ($177k) $11.7m
Equity Securities, FV-NI, Realized Gain (Loss) $132k $3.9m ($177k) $11.7m
Equity Securities, FV-NI, Unrealized Gain (Loss) $132k $3.9m ($177k) $11.7m
Foreign Currency Transaction Gain (Loss), Realized ($284k) $87k ($38k) $1k $1k $242k $119k $22k $491k $102k
Foreign Currency Transaction Gain (Loss), Unrealized ($284k) $87k ($38k) ($1k) $1k ($233k) ($119k) ($22k) ($491k) ($18k)
Gain (Loss) on Disposition of Assets $1.4m $192k $2.0m
Gain (Loss) on Disposition of Business ($584k)
Goodwill $122k $6.3m $334.3m $180.8m $275.7m $256.8m $2.5b $240.7m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $22.6m $41.9m $41.3m ($4.2m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $22.4m $41.9m $41.3m ($4.2m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($2.5m) $5.5m ($265k)
Income Tax Expense (Benefit) $1.8m $10.2m $4.6m $5.8m ($10.4m) ($14.7m) $1.9m $882k ($23.1m)
Investment Income, Interest $1.6m $2.2m $4.7m $18.6m
Revenue from Contract with Customer, Including Assessed Tax $314.3m $367.3m $445.7m $540.5m $716.7m $820.6m
Net (loss) income $12.5m $19.9m $47.4m $41.1m $23.3m ($4.2m) ($176.2m) $59.7m $43.6m ($265.1m)
Provision for credit losses $56k $977k ($39k) $388k ($114k) ($6k) $99k $4k $43k $2.0m
Other non-cash expense, net ($703k) ($449k) $649k $2.0m $1.3m $2.6m $5.3m
Non-cash lease expense $4.6m $5.2m $6.8m $8.0m $10.4m $10.2m $25.4m
Loss on foreign currency transactions $284k ($87k) $38k $1k $1k $233k $119k $22k $491k $18k
(Gain) loss on sale of equity securities, net $132k $3.9m ($177k) ($11.7m)
Income taxes receivable ($821k) $821k ($442k) $442k ($590k) ($1.4m)
Acquisition of capitalized software to be sold ($3.3m) ($23.7m)
Proceeds from revolving credit facility $40.0m $233.9m
Principal payments of term loan ($10.0m) ($55.0m) ($107.0m) ($28.0m) ($700.0m)
Principal payments of revolver ($10.0m) ($265.0m)
Proceeds from shares issued, net of underwriter costs $88.4m $968.5m
Payment of contingent consideration ($868k) ($2.1m)
Payment of equity issuance costs ($2.9m) ($1.4m)
Holdback and retention payments for business acquisition ($1.5m) ($7.8m) ($500k) ($390k)
Tax withholding payment related to net settlement of equity awards ($5k) ($397k) ($1.1m) ($1.1m) ($2.0m) ($1.2m) ($1.1m) ($1.6m) ($4.1m) ($10.9m)
Employee stock purchase plan contributions $1.9m $4.4m
Exercise of stock options $3.9m $2.7m $71k $100k $1.5m $2.8m $2.3m $0 $1.8m
Effects of currency translation on cash and cash equivalents ($1.3m) $397k ($284k) $225k $360k
Change in foreign currency translation adjustments $36k ($34k) $276k $75k ($6.8m) $2.0m ($1.1m) ($922k) $1.1m
Cash Flow From Continuing Financing Activities $50.8m ($22.9m) ($2.9m) $1.6b $1.6b
Cash Flow From Continuing Investing Activities ($7.0m) ($51.7m) ($28.5m) ($1.2b) ($1.2b)
Change In Account Payable $12.5m $13.0m $22.3m $28.1m $28.1m
Change In Cash Supplemental As Reported $55.6m ($59.6m) ($32.4m) $336.5m
Change In Payable $12.5m $13.0m $22.3m $28.1m $28.1m
Change In Prepaid Assets ($3.8m) ($20.3m) ($21.0m) ($19.9m) ($19.9m)
Changes In Cash $55.2m ($59.3m) ($32.7m) $336.1m $336.1m
End Cash Position $132.9m $73.3m $40.9m $377.3m $377.3m
Financing Cash Flow $50.8m
($22.9m) -144.95%
($2.9m) +87.50%
$1.6b +57774.30%
$1.6b 0.00%
Free Cash Flow ($3.5m) ($9.2m) ($24.1m) ($164.6m) ($164.6m)
Gain Loss On Sale Of Business $0 $189k $0 $0 $0
Gain Loss On Sale Of PPE $1.5m $621k $311k $2.1m $2.1m
Investing Cash Flow ($7.0m) ($51.7m) ($28.5m) ($1.2b) ($1.2b)
Net Business Purchase And Sale ($11.5m) ($27.2m) ($5.7m) ($876.0m) ($876.0m)
Net Foreign Currency Exchange Gain Loss $119k $22k $491k $18k $18k
Net Intangibles Purchase And Sale $0 ($1.5m) $0 $0 $0
Net Investment Purchase And Sale $19.6m $0 $0 ($270.4m) ($270.4m)
Net PPE Purchase And Sale ($14.9m) ($23.0m) ($19.5m) ($62.5m) ($62.5m)
Operating Gains Losses $4.3m $2.3m ($4.0m) ($15.3m) ($15.3m)
Other Non Cash Items $10.9m $12.7m $14.0m $42.1m
Proceeds From Stock Option Exercised $2.3m $0 $3.8m $4.4m $4.4m
Provisionand Write Offof Assets $8.2m $13.9m $2.9m $10.4m $10.4m
Purchase Of Business ($11.5m) ($27.2m) ($5.7m) ($876.0m) ($876.0m)
Purchase Of Intangibles $0 ($1.5m) $0 $0 $0
Purchase Of Investment ($6.4m) $0 $0 ($384.1m) ($384.1m)
Purchase Of PPE $9.9m $9.6m $11.2m $11.3m $22.3m ($14.9m) ($23.0m) ($19.5m) ($62.5m) ($86.2m)
Sale Of Business $6.5m $0 $0 $0
Sale Of Investment $26.1m $0 $0 $113.7m $113.7m
Unrealized Gain Loss On Investment Securities $132k $3.9m ($177k) ($11.7m) ($11.7m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.