10-K Filing

AeroVironment Inc CIK: 1368622 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001558370-23-011469`
Period End Date	20230430
Filing Date	20230628
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	avav-20230430x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 58 Cash Flow Statement 143 Stockholders Equity 36 Comprehensive Income 21

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$592.00K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$156.00K	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$2.23M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$77.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$132.86M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, Authorized shares	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$24.72M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $156 at April 30, 2023 and $592 at April 30, 2022	`AccountsReceivableNetCurrent`	$87.63M	USD	Point-in-time
Preferred stock, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $156 at April 30, 2023 and $592 at April 30, 2022	`AccountsReceivableNetCurrent`	$60.17M	USD	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022)	`UnbilledReceivablesCurrent`	$105.65M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Unbilled receivables and retentions (inclusive of related party unbilled receivables of $2,229 at April 30, 2022)	`UnbilledReceivablesCurrent`	$104.19M	USD	Point-in-time
Inventories, net	`InventoryNet`	$90.63M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories, net	`InventoryNet`	$138.81M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, Authorized shares	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Income taxes receivable	`IncomeTaxesReceivable`	$442.00K	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	26.22M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$12.04M	USD	Point-in-time
Common stock, Issued shares	`CommonStockSharesIssued`	24.95M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$11.53M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	24.95M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$477.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$368.91M	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	26.22M	shares	Point-in-time
Long-term investments	`LongTermInvestments`	$15.43M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$23.61M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$39.80M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$62.30M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$26.77M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$27.36M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$7.29M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$27.21M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$43.58M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$97.22M	USD	Point-in-time
Goodwill	`Goodwill`	$314.20M	USD	Point-in-time
Goodwill	`Goodwill`	$334.35M	USD	Point-in-time
Goodwill	`Goodwill`	$180.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.22M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.93M	USD	Point-in-time
Total assets	`Assets`	$914.20M	USD	Point-in-time
Total assets	`Assets`	$824.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$19.24M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$35.64M	USD	Point-in-time
Wages and related accruals	`EmployeeRelatedLiabilitiesCurrent`	$25.40M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$8.97M	USD	Point-in-time
Customer advances	`ContractWithCustomerLiabilityCurrent`	$16.64M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.50M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.23M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$6.82M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$759.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$2.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$19.63M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$101.39M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$121.33M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$177.84M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$125.90M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.91M	USD	Point-in-time
Non-current operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$21.19M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$768.00K	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$746.00K	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$1.45M	USD	Point-in-time
Liability for uncertain tax positions	`LiabilityForUncertainTaxPositionsNoncurrent`	$2.71M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$1.73M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$2.63M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at April 30, 2023 and April 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value: Authorized shares-10,000,000; none issued or outstanding at April 30, 2023 and April 30, 2022	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares-100,000,000 Issued and outstanding shares-26,216,897 shares at April 30, 2023 and 24,951,287 shares at April 30, 2022	`CommonStockValue`	$2.00K	USD	Point-in-time
Common stock, $0.0001 par value: Authorized shares-100,000,000 Issued and outstanding shares-26,216,897 shares at April 30, 2023 and 24,951,287 shares at April 30, 2022	`CommonStockValue`	$4.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$267.25M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$384.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.45M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$171.02M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$347.23M	USD	Point-in-time
Total AeroVironment, Inc. stockholders' equity	`StockholdersEquity`	$607.97M	USD	Point-in-time
Total AeroVironment, Inc. stockholders' equity	`StockholdersEquity`	$550.97M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$241.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$509.90M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$824.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$914.20M	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Related party revenue	`RevenueFromRelatedParties`	$42.43M	USD	Annual
Related party revenue	`RevenueFromRelatedParties`	$43.33M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$445.73M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$394.91M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$540.54M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$367.02M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$230.35M	USD	Annual
Cost of sales	`CostOfGoodsAndServicesSold`	$304.50M	USD	Annual
Total gross margin	`GrossProfit`	$164.56M	USD	Annual
Total gross margin	`GrossProfit`	$173.51M	USD	Annual
Total gross margin	`GrossProfit`	$141.24M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$131.91M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$96.43M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$67.48M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$54.69M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$64.25M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$53.76M	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$156.02M	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$-9.89M	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$43.31M	USD	Annual
(Loss) income from operations	`OperatingIncomeLoss`	$-178.66M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-9.37M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-618.00K	USD	Annual
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-5.44M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-8.33M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-10.31M	USD	Annual
Other expense, net	`OtherNonoperatingIncomeExpense`	$-346.00K	USD	Annual
Sale of ownership in HAPSMobile Inc. joint venture	`OtherNonoperatingGainLoss`	$6.50M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$34.37M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-19.14M	USD	Annual
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-188.38M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-14.66M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$-10.37M	USD	Annual
(Benefit from) provision for income taxes	`IncomeTaxExpenseBenefit`	$539.00K	USD	Annual
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$4.59M	USD	Annual
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-10.48M	USD	Annual
Equity method investment (loss) income, net of tax	`IncomeLossFromEquityMethodInvestmentsNetOfTax`	$-2.45M	USD	Annual
Net (loss) income	`ProfitLoss`	$23.34M	USD	Annual
Net (loss) income	`ProfitLoss`	$-176.17M	USD	Annual
Net (loss) income	`ProfitLoss`	$-4.18M	USD	Annual
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$14.00K	USD	Annual
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	Annual
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	Annual
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-176.21M	USD	Annual
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.19M	USD	Annual
Net (loss) income attributable to AeroVironment, Inc.	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.33M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.97	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-7.04	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-7.04	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.96	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	25.04M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.05M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	24.69M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.04M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.36M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.69M	shares	Annual

Cash Flow Statement 143 line items

Line Item	Tag	Value	Unit	Period
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.00K	USD	Annual
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	Annual
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$8.00K	USD	Annual
Net (loss) income	`ProfitLoss`	$23.34M	USD	Annual
Net (loss) income	`ProfitLoss`	$-176.17M	USD	Annual
Net (loss) income	`ProfitLoss`	$-4.18M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$100.00M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.26M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$60.83M	USD	Annual
Impairment of goodwill	`GoodwillImpairmentLoss`	$156.02M	USD	Annual
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$5.89M	USD	Annual
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$-2.45M	USD	Annual
Loss (income) from equity method investments	`IncomeLossFromEquityMethodInvestmentsGross`	$-10.48M	USD	Annual
Loss on deconsolidation of previously controlled subsidiary	`LossOnDeconsolidationOfPreviouslyControlledSubsidiary`	$-189.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$789.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$145.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$845.00K	USD	Annual
Realized gain from sale of available-for-sale investments	`GainLossOnSaleOfInvestments`	$11.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$99.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-114.00K	USD	Annual
Provision for doubtful accounts	`ProvisionForDoubtfulAccounts`	$-6.00K	USD	Annual
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$2.27M	USD	Annual
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$8.14M	USD	Annual
Reserve for inventory excess and obsolescence	`InventoryWriteDown`	$1.18M	USD	Annual
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$-2.00M	USD	Annual
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$-649.00K	USD	Annual
Other non-cash expense (income), net	`OtherNoncashIncomeExpense`	$449.00K	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$-8.05M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$-5.15M	USD	Annual
Non-cash lease expense	`NonCashLeaseExpense`	$-6.81M	USD	Annual
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-119.00K	USD	Annual
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-233.00K	USD	Annual
Loss on foreign currency transactions	`ForeignCurrencyTransactionGainLossUnrealized`	$-1.00K	USD	Annual
Unrealized loss on available-for-sale equity securities, net	`UnrealizedGainLossOnInvestments`	$-132.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-18.66M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-7.28M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-1.69M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$6.93M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$5.39M	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$10.77M	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.50M	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-8.28M	USD	Annual
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-123.00K	USD	Annual
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-125.00K	USD	Annual
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-309.00K	USD	Annual
Amortization of debt securities discount	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-242.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-17.18M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.08M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.42M	USD	Annual
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$-8.38M	USD	Annual
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$31.88M	USD	Annual
Unbilled receivables and retentions	`IncreaseDecreaseInUnbilledContractsReceivableAndRetentions`	$1.45M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$6.36M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$61.85M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$29.43M	USD	Annual
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$442.00K	USD	Annual
Income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-442.00K	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$6.10M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.82M	USD	Annual
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.53M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-7.04M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.56M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$12.54M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-7.50M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$-2.63M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$6.21M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$86.53M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.40M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.62M	USD	Annual
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.29M	USD	Annual
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.26M	USD	Annual
Acquisition of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.87M	USD	Annual
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$6.88M	USD	Annual
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$2.67M	USD	Annual
Equity method investments	`PaymentsToAcquireEquityMethodInvestments`	$5.78M	USD	Annual
Equity security investments	`PaymentsToAcquireEquitySecurityInvestments`	$5.10M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$5.11M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$385.61M	USD	Annual
Business acquisitions, net of cash acquired	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$46.15M	USD	Annual
Proceeds from sale of ownership in equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	$6.50M	USD	Annual
Proceeds from loan repayment	`ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1`	$4.34M	USD	Annual
Proceeds from deconsolidation of previously controlled subsidiary, net of cash deconsolidated	`ProceedsFromDeconsolidationOfPreviouslyControlledSubsidiaryNetOfCashDeconsolidated`	$635.00K	USD	Annual
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$146.43M	USD	Annual
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$35.85M	USD	Annual
Redemptions of available-for-sale investments	`ProceedsFromSaleOfAvailableForSaleSecuritiesDebt`	$26.06M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$125.64M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$1.33M	USD	Annual
Purchases of available-for-sale investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$23.88M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-224.00K	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$250.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.29M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-378.77M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-7.00M	USD	Annual
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-10.00M	USD	Annual
Principal payments of term loan	`ProceedsFromRepaymentsOfDebt`	$-55.00M	USD	Annual
Holdback and retention payments for business acquisition	`PaymentsForHoldbackAndRetentionPaymentsForBusinessAcquisitions`	$7.81M	USD	Annual
Holdback and retention payments for business acquisition	`PaymentsForHoldbackAndRetentionPaymentsForBusinessAcquisitions`	$1.49M	USD	Annual
Proceeds from shares issued, net of issuance costs	`ProceedsFromIssuanceOfCommonStock`	$104.65M	USD	Annual
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.25M	USD	Annual
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.06M	USD	Annual
Tax withholding payment related to net settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.99M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.28M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.52M	USD	Annual
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.78M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.88M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$293.00K	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$200.00M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-31.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-28.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$50.83M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$194.16M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.61M	USD	Annual
Effects of currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$397.00K	USD	Annual
Effects of currency translation on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.32M	USD	Annual
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$55.63M	USD	Annual
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-98.08M	USD	Annual
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-79.83M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$132.86M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$157.06M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$255.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$77.23M	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	$1.88M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$2.40M	USD	Annual
Income taxes	`IncomeTaxesPaid`	$2.91M	USD	Annual
Interest	`InterestPaidNet`	$5.03M	USD	Annual
Interest	`InterestPaidNet`	$10.23M	USD	Annual
Unrealized (gain) loss on investments, net of deferred tax expense of $0, $8, and $1 for the fiscal years ended 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-53.00K	USD	Annual
Unrealized (gain) loss on investments, net of deferred tax expense of $0, $8, and $1 for the fiscal years ended 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$60.00K	USD	Annual
Unrealized (gain) loss on investments, net of deferred tax expense of $0, $8, and $1 for the fiscal years ended 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$43.00K	USD	Annual
Issuance of common stock for business acquisition	`StockIssued1`	$72.38M	USD	Annual
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$75.00K	USD	Annual
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$2.01M	USD	Annual
Change in foreign currency translation adjustments	`NonCashOrPartOfNonCashChangeInForeignCurrencyTranslationAdjustments`	$-6.81M	USD	Annual
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$6.31M	USD	Annual
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$17.48M	USD	Annual
Issuances of inventory to property and equipment, ISR in-service assets	`IssuancesOfInventoryToPropertyAndEquipment`	$769.00K	USD	Annual
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$756.00K	USD	Annual
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$1.12M	USD	Annual
Acquisitions of property and equipment included in accounts payable	`ContributionOfProperty`	$721.00K	USD	Annual

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$509.90M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Balance, Beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-176.21M	USD	Annual
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.19M	USD	Annual
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$23.33M	USD	Annual
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$14.00K	USD	Annual
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$45.00K	USD	Annual
Net income attributable to noncontrolling interest	`AmountOfNetIncomeLossAttributableToNoncontrollingInterest`	$3.00K	USD	Annual
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-4.18M	USD	Annual
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$23.34M	USD	Annual
Net Income (loss) including non-controlling interest	`NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest`	$-176.17M	USD	Annual
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-60.00K	USD	Annual
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-43.00K	USD	Annual
Unrealized (loss) gain on investments	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$53.00K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$2.01M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$-6.81M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent`	$75.00K	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.78M	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$1.52M	USD	Annual
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.28M	USD	Annual
Business acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$72.38M	USD	Annual
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.25M	USD	Annual
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.99M	USD	Annual
Tax withholding payment related to net share settlement of equity awards	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.06M	USD	Annual
Shares issued, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$105.17M	USD	Annual
Deconsolidation of previously controlled subsidiary	`DeconsolidationOfPreviouslyControlledSubsidiary`	$-286.00K	USD	Annual
Change in non-controlling interest	`MinorityInterestPeriodIncreaseDecrease`	$224.00K	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.93M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.39M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.77M	USD	Annual
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$509.90M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.21M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$612.11M	USD	Point-in-time
Balance, Ending	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$550.97M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$23.34M	USD	Annual
Net (loss) income	`ProfitLoss`	$-176.17M	USD	Annual
Net (loss) income	`ProfitLoss`	$-4.18M	USD	Annual
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$1.00K	USD	Annual
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	-	USD	Annual
Unrealized (loss) gain on available-for-sale investments, net of deferred tax expense	`OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent`	$8.00K	USD	Annual
Unrealized gain (loss) on investments, net of deferred tax expense of $0, $8, and $1 for the fiscal years ended 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-60.00K	USD	Annual
Unrealized gain (loss) on investments, net of deferred tax expense of $0, $8, and $1 for the fiscal years ended 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-43.00K	USD	Annual
Unrealized gain (loss) on investments, net of deferred tax expense of $0, $8, and $1 for the fiscal years ended 2023, 2022 and 2021, respectively	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$53.00K	USD	Annual
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$75.00K	USD	Annual
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$2.01M	USD	Annual
Change in foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.81M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.04M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-174.10M	USD	Annual
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$23.36M	USD	Annual
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00K	USD	Annual
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$45.00K	USD	Annual
Net income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.00K	USD	Annual
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$23.35M	USD	Annual
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-174.15M	USD	Annual
Comprehensive (loss) income attributable to AeroVironment, Inc.	`ComprehensiveIncomeNetOfTax`	$-11.04M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.