{
  "url": "https://struct.news/briefs/aerovironments-margin-rebound-got-a-non-cash-assist-as-inventory-jumped-76",
  "title": "AeroVironment's margin rebound got a non-cash assist as inventory jumped 76%",
  "summary": "Inventory reached $410.8 million while gross margin rose to 25.9%, helped by lower non-cash purchase-accounting costs.",
  "published_at": "2026-09-10T10:04:45.892756+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "AeroVironment, Inc.",
    "ticker": "AVAV",
    "cik": "1104659",
    "sector": "Industrials",
    "industry": "Aerospace & Defense"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-09-10",
    "accession": "0001104659-26-106423",
    "url": "https://www.sec.gov/Archives/edgar/data/1368622/000110465926106423/avav-20260801x10q.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-09-10",
    "url": "https://www.sec.gov/Archives/edgar/data/1368622/000155837025011973/avav-20250802x10q.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 1976845000,
      "display": "$2.0B",
      "unit": "usd",
      "period": "2026-04-30",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-106423",
        "filing_date": "2026-09-10"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 140.89446240496594,
      "display": "+140.9%",
      "unit": "percent",
      "period": "2026-04-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-106423",
        "filing_date": "2026-09-10"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -15.731885909112753,
      "display": "-15.7%",
      "unit": "percent",
      "period": "2026-04-30",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001104659-26-106423",
        "filing_date": "2026-09-10"
      }
    }
  ],
  "watch_next": [
    {
      "type": "working_capital",
      "statement": "Inventory grew far faster than revenue, making the balance a central working-capital change to compare in the next report.",
      "importance": "medium",
      "evidence": "Inventory built faster than revenue: Inventory growth exceeded revenue growth and inventory intensity increased.",
      "source_date": "2026-09-10"
    },
    {
      "type": "backlog",
      "statement": "Management says backlog can vary substantially as contracts expire, renew, or are awarded.",
      "importance": "medium",
      "evidence": "Our backlog is typically subject to large variations from quarter to quarter as existing contracts expire or are renewed or new contracts are awarded.",
      "source_date": "2026-09-10"
    }
  ],
  "related_tickers": [
    "AVAV"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}