AEROVIRONMENT, INC.
Profit Margins
| Period | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| Jan 2021 | 36.4% | -0.8% | 0.3% |
| Apr 2021 | 43.9% | — | — |
| Jul 2021 | 28.4% | -12.0% | -13.8% |
| Oct 2021 | 34.8% | 2.7% | 2.1% |
| Jan 2022 | 23.8% | -15.7% | 0.0% |
| Jul 2022 | 31.1% | -3.0% | -7.7% |
| Oct 2022 | 23.2% | -12.8% | -5.9% |
| Jan 2023 | 33.9% | 3.4% | -0.5% |
| Jul 2023 | 43.1% | 17.3% | 14.4% |
| Oct 2023 | 41.7% | 13.9% | 9.9% |
| Jan 2024 | 36.1% | 7.7% | 7.4% |
| Jul 2024 | 43.0% | 12.2% | 11.2% |
| Oct 2024 | 39.1% | 3.7% | 4.0% |
| Jan 2025 | 37.7% | -1.8% | -1.0% |
| Aug 2025 | 20.9% | -15.2% | -14.8% |
| Nov 2025 | 22.0% | -6.4% | -3.6% |
Rule No. 1 : Never lose money. Rule No. 2 : Never forget Rule No. 1.