R&D expense · 2011–2025

Aerovironment R&D expense

$128M+26.8% · FY2025

Aerovironment (AVAV) reported $128M in R&D expense for fiscal 2025, +26.8% year on year.

$31.0M2011$37.2M2012$25.5M2013$46.5M2014$35.0M2015$28.5M2016$26.4M2017$34.2M2018$46.5M2019$53.8M2020$54.7M2021$64.3M2022$97.7M2023$101M2024$128M2025
Aerovironment — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-04-30$128M+26.8%Open →
FY20242025-04-30$101M+3.1%Open →
FY20232024-04-30$97.7M+52.0%Open →
FY20222023-04-30$64.3M+17.5%Open →
FY20212022-04-30$54.7M+1.7%Open →
FY20202021-04-30$53.8M+15.7%Open →
FY20192020-04-30$46.5M+35.8%Open →
FY20182019-04-30$34.2M+29.5%Open →
FY20172018-04-30$26.4M−7.1%Open →
FY20162017-04-30$28.5M−18.8%Open →
FY20152016-04-30$35.0M−24.6%Open →
FY20142015-04-30$46.5M+82.2%Open →
FY20132014-04-30$25.5M−31.4%Open →
FY20122013-04-30$37.2M+20.1%Open →
FY20112012-04-30$31.0M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +10.6%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Aerovironment R&D expense |url=https://companiesranked.com/en/company/aerovironment/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Aerovironment R&D expense. CompaniesRanked. https://companiesranked.com/en/company/aerovironment/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-aerovironment-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Aerovironment R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/aerovironment/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001104659-26-078906 · June 29, 2026

{{cite web |title=Aerovironment R&D expense — 10-K (0001104659-26-078906) |url=https://www.sec.gov/Archives/edgar/data/1368622/000110465926078906/avav-20260430x10k.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-06-29}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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