04:21 PM EDT, 09/09/2025 (MT Newswires) -- AeroVironment ( AVAV ) reported fiscal Q1 adjusted earnings late Tuesday of $0.32 per diluted share, down from $0.89 a year earlier.

Analysts surveyed by FactSet expected $0.33.

Revenue for the quarter ended Aug. 2 was $454.7 million, up from $189.5 million a year earlier.

Analysts polled by FactSet expected $437.6 million.

For fiscal year 2026, the company maintained its revenue guidance at $1.9 billion to $2.0 billion but raised adjusted EPS guidance to $3.60 and $3.70 from $2.80 to $3.00 previously.

Analysts are expecting adjusted earnings of $3.40 on revenue of $1.99 billion.