AeroVironment (AVAV) Margins & Profitability 2019-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 31.6%
EBITDA Margin: 4.6%
Op. Margin: -5.1%
Net Margin: -3.8%

Op. margin of -5.1% is down 10.1% YoY — costs are rising relative to revenue. Net margin at -3.8% and gross margin of 31.6% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit