AVAV AeroVironment, Inc. - Common Stock

NASDAQ · Aerospace & Defense · View on SEC EDGAR ↗
$169.23
Price · Aug 19, 2026
Fundamentals as of Jun 29, 2026

About AeroVironment, Inc. - Common Stock Company overview from Wikipedia

AeroVironment, Inc., also known as AV, is an American defense technology company headquartered in Arlington, Virginia that designs and manufactures autonomous systems, counter-UAS systems, and space systems. The company was founded in 1971 by Paul B. MacCready Jr., a designer of human-powered aircraft. The company provides the US Department of Defense and foreign militaries with small and medium-sized drones—notably the Raven, Switchblade, Wasp, and Puma. Through its acquisition of BlueHalo in 2025, the company provides directed energy and space communications systems to U.S. and foreign militaries.

Read more

AeroVironment, Inc., also known as AV, is an American defense technology company headquartered in Arlington, Virginia that designs and manufactures autonomous systems, counter-UAS systems, and space systems. The company was founded in 1971 by Paul B. MacCready Jr., a designer of human-powered aircraft. The company provides the US Department of Defense and foreign militaries with small and medium-sized drones—notably the Raven, Switchblade, Wasp, and Puma. Through its acquisition of BlueHalo in 2025, the company provides directed energy and space communications systems to U.S. and foreign militaries.

As of 2026, the company's market cap was $10B.

History

On January 7, 2024, AeroVironment was sanctioned by the Chinese government due to U.S. arms sales to Taiwan. On March 4, 2025, the Chinese Ministry of Commerce placed 15 U.S. entities (including AeroVironment) on its export control list, barring the export of dual-use commodities to that business.

In May 2025, AeroVironment announced it had completed its acquisition of BlueHalo, a developer of space, cyber, and counter-UAS defense technologies, from Arlington Capital Partners, in an all-stock deal with a transaction value of approximately $4.1 billion.

Vehicles

Among the vehicles the company built are:

Gossamer Condor – The first successful human-powered airplane. The Gossamer Condor is on display at the US National Air and Space Museum (NASM), since it won the first Kremer Prize in 1977.

Gossamer Albatross – In 1979, this human-powered plane flew 23 miles (37 km) across the English Channel and claimed the largest prize in aviation history. Another of these planes is displayed at the National Air and Space Museum.

Gossamer Penguin – A solar-powered variant of the Gossamer Albatross.

Solar Challenger – This plane flew 163 miles (262 km) from Paris, France, to England on solar power.

High Altitude Solar (HALSOL)-This solar-powered unmanned aircraft was sponsored by the CIA in the 1980s as the first unmanned solar-powered aircraft prototyped for national security missions. It was declassified and transferred to the Ballistic Missile Defense Organization (BMDO) in 1993, where it was modified as a high altitude, long endurance (HALE) UAV technology demonstrator capable of becoming weaponized to destroy boost-phase theater ballistic missiles (Boost Phase Intercept).The goal was to develop the world's first "fly forever" HALE UAV that could be configured for national security missions. The program was cancelled in 1995, due to budget reductions in the Clinton Administration at which time the aircraft, called Pathfinder, was transferred to NASA. Pathfinder flew flight test missions at NASAs Dryden Flight Research Center before the transfer.

NASA Pathfinder and Pathfinder Plus – This unmanned plane, built by AeroVironment as a part of the NASA Environmental Research Aircraft and Sensor Technology (ERAST) Program, demonstrated that an airplane could stay aloft for extended periods fueled by solar power. After initial successes, the Pathfinder was rebuilt into the larger Pathfinder Plus, which is on display at NASM.

NASA Centurion – The Centurion was an expansion of the Pathfinder concept, designed to achieve the ERAST Program goal of sustained flight at 100,000 feet (30,000 m) altitude.

NASA Helios Prototype – Derived from the Centurion, this solar cell and fuel cell powered UAV set a world record for flight at 96,863 feet (29,524 m). It was intended to be the prototype for the production Helios aircraft, envisioned as an "atmospheric satellite". The ERAST program was terminated in 2003, and as of 2008, Helios has not entered production. In actuality, it has been reborn in the form of the Global Observer UAS, currently in development under a Joint Concept Technology Demonstration led by United States Special Operations Command (USSOCOM]). The key technology shift was switching from solar power to liquid hydrogen power.

Global Observer – The Los Angeles Times reported first flight of Global Observer in the Mojave Desert in January, 2011. The aircraft was powered by hydrogen. It appears to have 4 motors with twin-bladed props, a 175-foot (53 m) wingspan, 65,000-foot (20,000 m) maximum altitude, airspeed greater than 120 mph (190 km/h), and 5 to 7 day maximum flight duration.

Sunraycer – This solar-powered car won the first world's first solar car race in Australia in 1987. The next fastest car finished two days later. This car is at the Smithsonian National Museum of American History.

GM Impact – This was an electric car, developed as a prototype for a mass-production consumer car.

RQ-11 Raven – a small military UAV. It is hand launched with a wingspan of 4.5 feet (1.4 m) and a weight of 4.2 pounds (1.9 kg), providing color and infrared video to its handheld ground control and remote viewing stations. Over 9,000 Ravens had been delivered or were on order as of June 2008.

Wasp III – a miniature, hand-launched UAV that provides aerial observation at line-of-sight ranges up to 3.1 miles (5.0 km). In 2007, the Wasp was selected by the US Air Force as the choice for their BATMAV Program. As of 2008, over 1,000 Wasp aircraft had been delivered.

RQ-20 Puma – a small lightweight, battery powered, hand-launched production UAV that provides aerial observation at line-of-sight ranges up to 6.2 miles (10.0 km). Puma's avionics enable autonomous flight via GPS navigation. It was designed to demonstrate advanced propulsion technologies. It flew in June 2007 for five hours, powered by an onboard "fuel cell battery hybrid energy storage system". A flight in November 2007 lasted more than seven hours. On July 2, 2008, USSOCOM selected the Puma AE variant as its All Environment Capable Variant (AECV) solution.

Nano Hummingbird – Announced in 2011, a hummingbird look-alike drone equipped with a camera, it could fly at speeds of up to 11 miles (18 km) per hour. It could climb and descend vertically, fly sideways, forward and backward, as well as rotate clockwise and counter-clockwise by remote control for about eight minutes.

SkyTote – a vertical take-off and landing (VTOL)-fixed wing hybrid UAV, which offered VTOL takeoff capability and decreased energy usage.

Switchblade – A man-portable family of electrically powered loitering munition for field use. It is deployed in two configurations, the 300 for attacking personnel and the 600 for attacking armor.

FQM-151 Pointer

RQ-14 Dragon Eye

Puma LE (Long Endurance)

VAPOR Helicopter

Shrike – quadrocopter drone designed for "perch and stare" surveillance, weighs 5 lb (2.27 kg) with a 40 minute endurance while hovering or can land and transmit for several hours.

Snipe – a quadrotor design small enough to be deployed by an individual to collect surveillance. It weighs 5 oz (0.14 kg), can reach speeds of 20 mph (32 km/h) with a range of more than 0.6 mi (0.97 km). It has flight times of 15 minutes, can withstand winds of 15 mph (24 km/h), and is equipped with EO/IR. It is low light-capable and includes long-wave infrared sensors to take photos or video in day or night conditions. In May 2017, the first 20 Snipes were delivered to an undisclosed U.S. military customer.

Quantix – drone, 40 km range, 45 min flight time, 2.3 kg weight, controlled via encrypted radio, automated, programmed autonomous flights possible, multifunctional camera.

Red Dragon – One-way attack drone designed for autonomous strike, weighs 45 lb (20 kg) and has a range of 250 mi (400 km). It is equipped with AI that uses visual for navigation and automatic target recognition to counter jamming.

Programs

As of 2007, AeroVironment held a five-year, $4.7 million IDIQ (indefinite-delivery, indefinite-quantity) contract from the U.S. Air Force Research Laboratory to develop UAV propulsion technologies. The contract also provided for specific tasks such as integration of solar cells into aircraft wings, electric motor efficiency improvement, and hydrogen storage systems.

In 2023, Israel submitted a request to the US Department of Defense for 200 Switchblade 600 attack drones. As of 7 November, it is unclear whether the request has been approved.

Following Russia's 2022 invasion of Ukraine, the United States supplied the Armed Forces of Ukraine with more than 700 Switchblade 300 loitering munitions as part of military aid packages announced in March and April 2022. The larger, anti-armor Switchblade 600 followed after additional testing and was first used in combat in early 2023.

In 2026, Joint Interagency Task Force 401 awarded AeroVironment a $500 million sole-source IDIQ contract supporting the U.S. Department of War's "Domestic Shield" initiative to protect domestic critical infrastructure from drone threats. Under the contract, the task force exercised an order worth $80.5 million for AeroVironment's Titan-MS multi-sensor counter-UAS system, following an earlier Titan system purchase by the task force.

Directed energy

Following AeroVironment's 2025 acquisition of BlueHalo, the company develops directed-energy weapons under the LOCUST high-energy laser (HEL) brand. In October 2025, it demonstrated a palletized LOCUST laser system, the P-HEL, aboard the aircraft carrier USS George H.W. Bush (CVN-77) in a live-fire test conducted with the U.S. Navy and the Army's Rapid Capabilities and Critical Technologies Office, tracking and neutralizing multiple drone targets from the moving ship. In March 2026, LOCUST was tested at White Sands Missile Range in coordination with Joint Interagency Task Force 401 and the Federal Aviation Administration, demonstrating safe operation in complex national airspace and supporting a subsequent agreement between the Department of War and the FAA validating the system for domestic counter-drone use.

HAPSMobile

HAPSMobile is a subsidiary of SoftBank planning to operate High Altitude Platform Station (HAPS) networks, with AeroVironment as a minority owner. HAPSMobile develops the Hawk30 solar-powered unmanned aircraft for stratospheric telecommunications, and has a strategic relationship with Loon LLC, a subsidiary of Google's parent Alphabet Inc.

Subsidiaries

AeroVironment owns Skytower, Inc., which was formed in 2000 to develop the technologies and government approvals to use high altitude UAVs as "atmospheric satellites", or high altitude communications relay platforms.

In July 2002, the NASA/AeroVironment UAV Pathfinder Plus carried commercial communications relay equipment developed by Skytower to test using the aircraft as an "atmospheric satellite". Skytower, in partnership with NASA and the Japan Ministry of Telecommunications used the aircraft to transmit both an HDTV signal as well as an IMT-2000 wireless communications signal from 65,000 ft (20,000 m). It was the equivalent of a 12 mi (19 km) tall transmitter tower. Because of the aircraft's high angle, the transmission utilized only one watt of power, or 1/10,000 that required by a terrestrial tower to provide the same signal. According to SkyTower's Stuart Hindle, "SkyTower platforms are basically geostationary satellites without the time delay." Hindle said that such platforms flying in the stratosphere, as opposed to actual satellites, can achieve much higher levels of frequency use. "A single SkyTower platform can provide over 1,000 times the fixed broadband local access capacity of a geostationary satellite using the same frequency band, on a bytes per second per square mile basis."

In January 2021, the company acquired Arcturus UAV, the manufacturer of the Arcturus T-20 UAV for US$405m.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

AVAV Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$169.23
Market Cap
$8.56B
P/E (TTM)
-31.3
EPS (TTM)
$-5.40
Revenue (TTM)
$1.98B
Div Yield
ROE
-6.0%
Debt/Equity
0.2
52W Range
$135 – $418

AVAV Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $1.98B
10-point trend, +748.0%
2017-04-30 2026-04-30
EPS $-5.40
10-point trend, -1064.3%
2017-04-30 2026-04-30
Free Cash Flow $-141M
9-point trend, -592.2%
2017-04-30 2026-04-30
Margins -13.4%
9-point trend, -34.3%
2017-04-30 2026-04-30

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
AVAV
Peer Median
P/E (TTM)
5-point trend, +92.4%
-31.3
81.5
P/S (TTM)
5-point trend, -27.9%
4.3
7.5
P/B
5-point trend, -49.8%
1.9
4.2
EV / EBITDA
5-point trend, -593.2%
-188.5
Price / FCF
5-point trend, -292.7%
-60.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
AVAV
Peer Median
Gross Margin
5-point trend, -39.2%
25.3%
28.7%
Operating Margin
5-point trend, -243.4%
-15.7%
Net Profit Margin
5-point trend, -326.9%
-13.4%
5.1%
ROA
5-point trend, -351.9%
-7.8%
2.5%
ROE
5-point trend, -244.5%
-6.0%
4.5%
ROIC
5-point trend, -206.7%
-5.6%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
AVAV
Peer Median
Debt / Equity
5-point trend, -48.7%
0.2
16.4
Current Ratio
5-point trend, +3.1%
4.3
4.2
Quick Ratio
5-point trend, -14.7%
2.2

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
AVAV
Peer Median
Revenue YoY
5-point trend, +343.5%
140.9%
Revenue CAGR 3Y
5-point trend, +343.5%
54.1%
Revenue CAGR 5Y
5-point trend, +343.5%
38.0%
EPS YoY
5-point trend, -3076.5%
-28.9%
Net Income YoY
5-point trend, -6235.1%
-26.9%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
AVAV
Peer Median
EPS (Diluted)
5-point trend, -3076.5%
$-5.40

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
AVAV
Peer Median

AVAV Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 28 analysts
  • Strong Buy 10 35.7%
  • Buy 14 50.0%
  • Hold 4 14.3%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

12-Month Price Target

19 analysts · 2026-08-19
Median target $225.00 +33.0%
Mean target $225.77 +33.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
-0.05%
Next Report
Sep 09, 2026
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.84 $1.49 0.35%
March 31, 2026 $0.64 $0.71 -0.07%
Dec. 31, 2025 $0.44 $0.79 -0.35%
Sept. 30, 2025 $0.32 $0.38 -0.06%
June 30, 2025 $1.61 $1.42 0.19%
March 31, 2025 $0.30 $0.64 -0.34%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
AVAV $9.87B -36.1 140.9% -13.4% -6.0% 25.3%
HII $13.34B 22.1 8.2% 4.9% 12.2%
DRS $9.06B 33.1 12.8% 7.6% 10.4% 23.8%
KTOS $13.12B 597.7 18.5% 1.6% 1.1% 22.9%
SARO $9.59B 34.6 15.8% 4.6% 10.7%
KRMN $9.68B 562.8 36.6% 3.7% 4.7% 40.3%
HXL $5.59B 194.5 -0.48% 5.8% 7.8% 23.0%
LOAR $6.37B 90.7 23.2% 14.5% 6.4% 52.7%
BETA -2.2 136.0% -2094.2% -70.7% 72.2%
MRCY $7.52B -252.4 7.8% -3.0% -2.0% 28.6%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Revenue 12-point trend, +662.1% $1.98B $821M $717M $541M $446M $395M $367M $314M $268M $233M $234M $259M
Cost of Revenue 12-point trend, +851.6% $1.48B $502M $433M $367M $304M $230M $214M $186M $161M $136M $128M $155M
Gross Profit 12-point trend, +380.1% $501M $319M $284M $174M $141M $165M $153M $128M $108M $97M $106M $104M
R&D Expense 12-point trend, +174.6% $128M $101M $98M $64M $55M $54M $46M $34M $26M $28M $35M $46M
SG&A Expense 12-point trend, +694.9% $443M $159M $114M $132M $96M $67M $59M $60M $51M $48M $50M $56M
Operating Income 12-point trend, -15541.7% $-311M $41M $72M $-179M $-10M $43M $47M $34M $30M $21M $20M $2M
Interest Income 7-point trend, +2006.7% $19M · · · · · $5M $5M $2M $2M $1M $882.0K
Other Non-op 12-point trend, +1195.3% $11M $1M $-4M $-346.0K $-10M $-8M $707.0K $12M $-49.0K $172.0K $-3M $-1M
Pretax Income 12-point trend, -15323.5% $-288M $45M $62M $-191M $-13M $24M $47M $47M $31M $22M $18M $2M
Income Tax 12-point trend, -2201.3% $-23M $882.0K $2M $-15M $-10M $539.0K $6M $5M $10M $5M $3M $-1M
Net Income 12-point trend, -2127.2% $-265M $44M $60M $-176M $-4M $23M $41M $47M $18M $13M $9M $13M
EPS (Basic) 12-point trend, -4253.8% $-5.40 $1.56 $2.19 $-7.04 $-0.17 $0.97 $1.73 $2.00 $0.76 $0.57 $0.39 $0.13
EPS (Diluted) 12-point trend, -4253.8% $-5.40 $1.55 $2.18 $-7.04 $-0.17 $0.96 $1.71 $1.97 $0.75 $0.56 $0.39 $0.13
Shares (Basic) 12-point trend, +114.6% 49,087,346 28,018,656 27,203,417 25,044,881 24,685,534 24,049,851 23,806,208 23,663,410 23,471,241 23,059,045 22,936,413 22,868,733
Shares (Diluted) 12-point trend, +112.1% 49,087,346 28,173,488 27,327,993 25,044,881 24,685,534 24,362,656 24,088,167 24,071,713 23,813,772 23,307,738 23,153,493 23,145,997
EBITDA 11-point trend, -542.8% $-46M $82M $108M · $51M $63M $57M $41M $38M $20M $16M $10M
Balance Sheet 26
Annual Balance Sheet data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents 12-point trend, +163.1% $377M $41M $73M $133M $77M $149M $255M $173M $144M $80M $124M $143M
Short-term Investments 9-point trend, +198.6% $255M · · · $25M $32M $48M $150M $114M $120M $103M $85M
Receivables 12-point trend, +840.8% $316M $102M $70M $88M $60M $63M $74M $31M $57M $69M $56M $34M
Inventory 12-point trend, +693.8% $313M $144M $150M $139M $91M $72M $46M $54M $37M $41M $37M $39M
Prepaid Expense 12-point trend, +1041.2% $52M $29M $22M $12M $12M $15M $6M $7M $5M $6M $4M $5M
Current Assets 12-point trend, +474.5% $1.89B $607M $516M $477M $369M $402M $504M $470M $399M $354M $344M $329M
PP&E (Net) 12-point trend, +1135.0% $167M $51M $47M $40M $62M $59M $22M $17M $19M $16M $17M $13M
PP&E (Gross) 12-point trend, +342.0% $373M $230M $222M $203M $184M $152M $102M $92M $88M $80M $93M $84M
Accum. Depreciation 12-point trend, +191.0% $206M $180M $175M $163M $122M $93M $80M $75M $69M $64M $76M $71M
Goodwill 8-point trend, +2043898.4% $2.49B $257M $276M $181M $334M $314M $6M · · $122.0K · ·
Intangibles 10-point trend, +50905.3% $930M $49M $72M $44M $97M $106M $14M $459.0K $628.0K $2M · ·
Other Non-current Assets 12-point trend, +7265.2% $55M $33M $14M $5M $2M $10M $11M $6M $3M $2M $750.0K $741.0K
Total Assets 12-point trend, +1338.3% $5.72B $1.12B $1.02B $825M $914M $929M $585M $509M $473M $432M $411M $397M
Accounts Payable 12-point trend, +734.1% $161M $72M $48M $31M $19M $25M $20M $16M $21M $16M $18M $19M
Current Liabilities 12-point trend, +839.8% $439M $172M $145M $121M $101M $96M $67M $45M $62M $48M $46M $47M
Capital Leases 9-point trend, +19549.9% $88M $24M $23M $21M $22M $19M $7M · · $161.0K $449.0K ·
Deferred Tax 7-point trend, +43429.3% $50M · $664.0K $2M $3M · · $29.0K $67.0K $116.0K · ·
Other Non-current Liabilities 11-point trend, +979.3% $2M $2M $2M $746.0K $768.0K $10M $250.0K $150.0K $622.0K $184.0K $184.0K ·
Long-term Debt 6-point trend, +273.8% $748M $30M $28M $135M $190M $200M · · · · · ·
Total Debt 5-point trend, +269.1% $729M $30M $27M · $188M $198M · · · · · ·
Common Stock 12-point trend, +200.0% $6.0K $4.0K $4.0K $4.0K $2.0K $2.0K $2.0K $2.0K $2.0K $2.0K $2.0K $2.0K
Retained Earnings 12-point trend, -95.5% $9M $274M $231M $171M $347M $351M $328M $286M $239M $220M $207M $202M
AOCI 12-point trend, -314.9% $-6M $-7M $-6M $-4M $-7M $343.0K $328.0K $2.0K $-21.0K $-127.0K $-201.0K $-1M
Stockholders' Equity 12-point trend, +1161.2% $4.40B $887M $823M $551M $608M $612M $510M $463M $409M $382M $362M $349M
Liabilities + Equity 12-point trend, +1338.3% $5.72B $1.12B $1.02B $825M $914M $929M $585M $509M $473M $432M $411M $397M
Shares Outstanding 12-point trend, +117.1% 50,610,514 28,267,517 28,134,438 26,216,897 24,951,287 24,777,295 24,063,639 23,946,293 23,908,736 23,630,419 23,359,925 23,314,640
Cash Flow 18
Annual Cash Flow data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
D&A 12-point trend, +3068.0% $265M $41M $36M $100M $61M $19M $10M $8M $6M $5M $4M $8M
Stock-based Comp 12-point trend, +917.4% $38M $21M $17M $11M $5M $7M $6M $7M $5M $3M $4M $4M
Deferred Tax 12-point trend, -9486.2% $-27M $-21M $-21M $-20M $-8M $-3M $2M $2M $3M $179.0K $-3M $-283.0K
Amort. of Intangibles 12-point trend, +81821.3% $204M $23M $18M $58M $27M $6M $3M $357.0K $296.0K $139.0K $80.0K $249.0K
Restructuring 2-point trend, -24.8% · · · · · · · · · $702M $933M ·
Other Non-cash 9-point trend, -166.6% $-90M $-87M $-77M · $-64M $40M $-35M $-38M $37M $-34M · ·
Operating Cash Flow 12-point trend, -298.9% $-78M $-1M $15M $11M $-10M $87M $25M $27M $70M $-8M $6M $39M
CapEx 12-point trend, +1084.8% $63M $20M $23M $15M $22M $11M $11M $9M $10M $9M $6M $5M
Investing Cash Flow 7-point trend, -2183.4% $-1.23B $-28M $-52M $-7M $-52M $-379M $59M · · · · ·
Debt Issued · · · · · $200M · · · · · ·
Net Debt Issued 3-point trend, -450.0% $-700M $-28M · · · $200M · · · · · ·
Stock Issued 2-point trend, -15.5% · · $88M $105M · · · · · · · ·
Stock Repurchased · · · · · · · · · · $4M ·
Net Stock Activity 2-point trend, +2454.6% · · $88M · · · · · · · $-4M ·
Financing Cash Flow 11-point trend, +53303.4% $1.65B $-3M $-23M $51M $-17M $194M $-2M $-1M $2M $3M $-3M ·
Net Change in Cash 11-point trend, +1859.5% $336M $-32M $-60M $56M $-80M $-98M $82M $29M $64M $-44M $-19M ·
Taxes Paid 3-point trend, -82.4% $4M $25M $20M · · · · · · · · ·
Free Cash Flow 11-point trend, -512.9% $-141M $-24M $-8M · $-32M $75M $14M $18M $61M $-20M $-6M $34M
Profitability 8
Annual Profitability data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Gross Margin 11-point trend, -37.0% 25.3% 38.8% 39.6% · 31.7% 41.7% 41.7% 40.9% 40.2% 38.6% 42.4% 40.2%
Operating Margin 11-point trend, -2116.7% -15.7% 5.0% 10.0% · -2.2% 11.0% 12.8% 10.8% 11.7% 4.7% 3.7% 0.78%
Net Margin 9-point trend, -385.3% -13.4% 5.3% 8.3% · -0.94% 5.9% 11.2% 15.1% 7.3% 4.7% · ·
Pretax Margin 11-point trend, -2097.3% -14.6% 5.4% 8.6% · -3.0% 6.0% 12.8% 14.8% 12.0% 5.4% 3.0% 0.73%
EBITDA Margin 11-point trend, -158.0% -2.3% 10.0% 15.0% · 11.4% 15.8% 15.5% 13.2% 13.9% 7.4% 6.0% 4.0%
ROA 9-point trend, -363.1% -7.8% 4.1% 6.5% · -0.45% 3.1% 7.5% 9.7% 4.4% 2.9% · ·
ROE 9-point trend, -279.4% -6.0% 5.0% 7.3% · -0.69% 4.2% 8.2% 10.5% 5.0% 3.4% · ·
ROIC 11-point trend, -734.1% -5.6% 4.4% 8.2% · -0.27% 5.2% 8.1% 6.6% 5.3% 2.9% 3.0% 0.88%
Liquidity & Solvency 4
Annual Liquidity & Solvency data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 11-point trend, -38.9% 4.3 3.5 3.6 · 3.6 4.2 7.5 10.5 6.6 7.4 7.5 7.0
Quick Ratio 11-point trend, -61.5% 2.2 0.8 1.0 · 1.6 2.5 5.6 7.9 5.2 5.7 6.1 5.6
Debt / Equity 5-point trend, -48.7% 0.2 0.0 0.0 · 0.3 0.3 · · · · · ·
LT Debt / Equity 5-point trend, -45.9% 0.2 0.0 0.0 · 0.3 0.3 · · · · · ·
Efficiency 3
Annual Efficiency data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 11-point trend, -12.8% 0.6 0.8 0.8 · 0.5 0.5 0.7 0.6 0.6 0.6 0.7 0.7
Inventory Turnover 11-point trend, +87.7% 6.5 3.4 3.0 · 3.8 3.9 4.3 4.1 4.1 3.3 4.0 3.4
Receivables Turnover 11-point trend, +19.1% 9.5 9.5 9.1 · 7.3 5.8 7.0 7.2 4.3 4.1 5.9 7.9
Per Share 5
Annual Per Share data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Book Value / Share 11-point trend, +481.0% $86.95 $31.36 $29.24 · $24.37 $24.70 $21.19 $19.32 $17.15 $16.16 $15.46 $14.97
Revenue / Share 11-point trend, +259.3% $40.27 $29.13 $26.23 · $18.06 $16.21 $15.25 $13.06 $11.38 $11.36 $11.41 $11.21
Cash Flow / Share 11-point trend, -193.8% $-1.60 $-0.05 $0.56 · $-0.39 $3.55 $1.04 $1.12 $2.96 $-0.45 $0.02 $1.70
Cash / Share 11-point trend, +21.2% $7.46 $1.45 $2.61 · $3.10 $6.00 $10.60 $7.21 $6.00 $3.38 $5.32 $6.15
EPS (TTM) 12-point trend, -4253.8% $-5.40 $1.55 $2.18 $-7.04 $-0.17 $0.96 $1.71 $1.97 $0.75 $0.56 $0.39 $0.13
Growth Rates 9
Annual Growth Rates data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY 6-point trend, +1773.5% 140.9% 14.5% 32.6% 21.3% 12.9% 7.5% · · · · · ·
Revenue CAGR 3Y 4-point trend, +293.2% 54.1% 22.6% 22.0% 13.8% · · · · · · · ·
Revenue CAGR 5Y 2-point trend, +117.9% 38.0% 17.4% · · · · · · · · · ·
EPS YoY 2-point trend, +34.1% · -28.9% · · · -43.9% · · · · · ·
EPS CAGR 3Y · · 31.4% · · · · · · · · ·
EPS CAGR 5Y · -1.9% · · · · · · · · · ·
Net Income YoY 2-point trend, +37.7% · -26.9% · · · -43.2% · · · · · ·
Net Income CAGR 3Y · · 36.7% · · · · · · · · ·
Net Income CAGR 5Y · 1.2% · · · · · · · · · ·
Valuation (TTM) 14
Annual Valuation (TTM) data for AVAV
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM 12-point trend, +662.1% $1.98B $821M $717M $541M $446M $395M $367M $314M $268M $233M $234M $259M
Net Income TTM 12-point trend, -2127.2% $-265M $44M $60M $-176M $-4M $23M $41M $47M $18M $13M $9M $13M
Market Cap 11-point trend, +1553.7% $9.87B $4.28B $4.50B · $2.00B $2.73B $1.45B $1.64B $1.30B $675M $675M $597M
Enterprise Value 5-point trend, +262.2% $9.97B $4.27B $4.45B · $2.09B $2.75B · · · · · ·
P/E 12-point trend, -118.3% -36.1 97.8 73.3 -14.3 -472.5 115.0 35.2 34.8 72.7 51.0 74.1 196.9
P/S 11-point trend, +117.0% 5.0 5.2 6.3 · 4.5 6.9 3.9 5.2 4.9 2.9 2.9 2.3
P/B 11-point trend, +31.1% 2.2 4.8 5.5 · 3.3 4.5 2.8 3.5 3.2 1.8 1.9 1.7
P / Tangible Book 7-point trend, +241.4% 10.1 7.4 9.5 8.1 11.3 14.3 3.0 · · · · ·
P / Cash Flow 11-point trend, -931.3% -125.9 -3249.7 294.0 · -208.4 31.6 57.8 60.9 18.5 -64.3 1224.4 15.1
P / FCF 11-point trend, -500.5% -70.0 -177.5 -584.5 · -62.8 36.3 104.5 91.0 21.4 -33.2 -107.5 17.5
EV / EBITDA 5-point trend, -593.2% -216.9 52.2 41.4 · 41.0 44.0 · · · · · ·
EV / FCF 5-point trend, -293.4% -70.7 -177.0 -578.5 · -65.5 36.6 · · · · · ·
EV / Revenue 5-point trend, -27.6% 5.0 5.2 6.2 · 4.7 7.0 · · · · · ·
Earnings Yield 12-point trend, -643.1% -2.8% 1.0% 1.4% -7.0% -0.21% 0.87% 2.8% 2.9% 1.4% 2.0% 1.4% 0.51%

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2026-04-302025-04-302024-04-302023-04-302022-04-30
Revenue $1.98B$821M$717M$541M$446M
Gross Margin % 25.3%38.8%39.6%31.7%
Operating Margin % -15.7%5.0%10.0%-2.2%
Net Income $-265M$44M$60M$-176M$-4M
Diluted EPS $-5.40$1.55$2.18$-7.04$-0.17
Balance Sheet
2026-04-302025-04-302024-04-302023-04-302022-04-30
Debt / Equity 0.20.00.00.3
Current Ratio 4.33.53.63.6
Quick Ratio 2.20.81.01.6
Cash Flow
2026-04-302025-04-302024-04-302023-04-302022-04-30
Free Cash Flow $-141M$-24M$-8M$-32M

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 684 filers · $5.4B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
106 (-38 vs prior Q) 93 (-6 vs prior Q) 233 (-39 vs prior Q) 193 (+50 vs prior Q) +3.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $789,505,739 3,263,904 14.70% Shares
STATE STREET CORP $361,806,995 2,192,680 6.74% Shares
VANGUARD CAPITAL MANAGEMENT LLC $271,707,036 1,646,011 5.06% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $255,628,227 1,548,605 4.76% Shares
Heard Capital LLC $149,219,153 903,975 2.78% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $141,118,343 854,900 2.63% Call option
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $139,939,739 848,599 2.61% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $125,288,130 759,000 2.33% Put option
JANE STREET GROUP, LLC $105,826,377 641,100 1.97% Put option
ARK Investment Management LLC $100,280,355 607,502 1.87% Shares
CIBC Private Wealth Group LLC $99,415,811 315,716 1.85% Shares
VAN ECK ASSOCIATES CORP $98,744,709 598,199 1.84% Shares
Stephens Investment Management Group LLC $93,664,515 567,423 1.74% Shares
Hood River Capital Management LLC $93,141,408 564,254 1.73% Shares
GEODE CAPITAL MANAGEMENT, LLC $89,406,881 541,481 1.66% Shares
Alyeska Investment Group, L.P. $86,693,939 525,195 1.61% Shares
CONGRESS ASSET MANAGEMENT CO $81,815,295 495,640 1.52% Shares
NORGES BANK $78,101,385 473,141 1.45% Shares
AMERICAN CAPITAL MANAGEMENT INC $69,745,046 422,518 1.30% Shares
CITADEL ADVISORS LLC $69,362,414 420,200 1.29% Put option
PeakShares LLC $66,028,000 400 1.23% Shares
CITADEL ADVISORS LLC $63,717,020 386,000 1.19% Call option
Swedbank AB $62,040,569 375,844 1.16% Shares
MILLENNIUM MANAGEMENT LLC $56,975,891 345,162 1.06% Shares
Fisher Asset Management, LLC $56,307,328 341,111 1.05% Shares
Korea Investment CORP $54,901,457 332,595 1.02% Shares
JANE STREET GROUP, LLC $51,188,207 310,100 0.95% Call option
SUSQUEHANNA INTERNATIONAL GROUP, LLP $44,673,554 270,634 0.83% Shares
Sumitomo Mitsui Trust Group, Inc. $40,415,739 244,840 0.75% Shares
Amova Asset Management Americas, Inc. $38,471,595 233,246 0.72% Shares
GOLDMAN SACHS GROUP INC $38,416,411 232,728 0.72% Shares
WOLVERINE TRADING, LLC $37,197,145 120,500 0.69% Call option
VANGUARD FIDUCIARY TRUST CO $34,457,702 208,746 0.64% Shares
Cubist Systematic Strategies, LLC $33,283,873 105,700 0.62% Put option
Qube Research & Technologies Ltd $31,770,528 192,467 0.59% Shares
ARS Investment Partners, LLC $30,963,170 187,576 0.58% Shares
Squarepoint Ops LLC $30,874,858 187,041 0.57% Shares
AMERIPRISE FINANCIAL INC $29,304,381 177,527 0.55% Shares
Cubist Systematic Strategies, LLC $29,190,303 92,700 0.54% Call option
EMERALD ADVISERS, LLC $29,115,542 176,383 0.54% Shares
WOLVERINE TRADING, LLC $27,226,458 88,200 0.51% Put option
BANK OF AMERICA CORP /DE/ $26,389,741 159,870 0.49% Shares
TOCQUEVILLE ASSET MANAGEMENT L.P. $25,814,802 156,387 0.48% Shares
BAILLIE GIFFORD & CO $24,958,254 151,198 0.46% Shares
PINNACLE ASSOCIATES LTD $24,371,760 147,645 0.45% Shares
AWM Investment Company, Inc. $24,250,104 146,908 0.45% Shares
FIDELIS CAPITAL PARTNERS, LLC $24,065,720 145,791 0.45% Shares
IMC-Chicago, LLC $22,904,288 138,755 0.43% Shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC $21,475,542 148,537 0.40% Shares
Champlain Investment Partners, LLC $20,240,223 122,616 0.38% Shares
FIRST TRUST ADVISORS LP $19,263,173 116,697 0.36% Shares
EMERALD MUTUAL FUND ADVISERS TRUST $18,897,544 114,482 0.35% Shares
Cresset Asset Management, LLC $18,580,114 112,559 0.35% Shares
LPL Financial LLC $18,454,180 111,796 0.34% Shares
UBS Group AG $16,538,528 100,191 0.31% Shares
Point72 Asset Management, L.P. $16,473,986 99,800 0.31% Call option
RAYMOND JAMES FINANCIAL INC $16,335,492 98,961 0.30% Shares
Man Group plc $15,560,324 94,265 0.29% Shares
Walleye Trading LLC $14,905,821 90,300 0.28% Put option
RHUMBLINE ADVISERS $14,753,250 89,376 0.27% Shares
Granahan Investment Management, LLC $14,325,270 86,783 0.27% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $13,976,972 84,673 0.26% Shares
Walleye Trading LLC $13,832,866 83,800 0.26% Call option
Vident Advisory, LLC $13,775,587 83,453 0.26% Shares
CAPTRUST FINANCIAL ADVISORS $12,988,371 78,684 0.24% Shares
JANE STREET GROUP, LLC $12,861,594 77,916 0.24% Shares
Point72 Asset Management, L.P. $12,512,306 75,800 0.23% Put option
Congress Wealth Management LLC / DE / $12,381,075 43,450 0.23% Shares
RENAISSANCE TECHNOLOGIES LLC $12,379,590 74,996 0.23% Shares
PRINCIPAL FINANCIAL GROUP INC $12,027,495 72,863 0.22% Shares
BLAIR WILLIAM & CO/IL $11,707,260 70,923 0.22% Shares
FRONTIER CAPITAL MANAGEMENT CO LLC $11,691,695 70,829 0.22% Shares
WELLINGTON MANAGEMENT GROUP LLP $10,851,207 65,737 0.20% Shares
Swiss National Bank $10,755,961 65,160 0.20% Shares
DIMENSIONAL FUND ADVISORS LP $9,772,969 59,205 0.18% Shares
Weiss Asset Management LP $9,461,482 57,318 0.18% Shares
BARCLAYS PLC $8,600,807 52,104 0.16% Shares
PEAK6 LLC $8,303,021 50,300 0.15% Call option
Y-Intercept (Hong Kong) Ltd $7,595,036 46,011 0.14% Shares
BNP PARIBAS FINANCIAL MARKETS $7,484,439 45,341 0.14% Shares
ALLIANCEBERNSTEIN L.P. $7,376,366 40,297 0.14% Shares
WOLVERINE TRADING, LLC $7,331,696 23,751 0.14% Shares
California Public Employees Retirement System $7,254,992 43,951 0.14% Shares
ROYAL BANK OF CANADA $7,197,000 43,600 0.13% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $6,933,934 37,880 0.13% Shares
Pekin Hardy Strauss, Inc. $6,801,709 41,205 0.13% Shares
Apriem Advisors $6,766,384 40,991 0.13% Shares
IQ EQ FUND MANAGEMENT (IRELAND) Ltd $6,709,105 40,644 0.12% Shares
GROUP ONE TRADING LLC $6,535,451 39,592 0.12% Shares
NEUBERGER BERMAN GROUP LLC $6,294,944 38,135 0.12% Shares
Nuveen Asset Management, LLC $6,215,925 40,392 0.12% Shares
DEEPWATER ASSET MANAGEMENT, LLC $6,065,002 36,742 0.11% Shares
Squarepoint Ops LLC $6,025,055 36,500 0.11% Call option
Point72 Asset Management, L.P. $5,913,633 35,825 0.11% Shares
BlackRock, Inc. $5,855,528 35,473 0.11% Shares
MYDA Advisors LLC $5,777,450 35,000 0.11% Shares
LAZARD ASSET MANAGEMENT LLC $5,592,737 33,881 0.10% Shares
MILLENNIUM MANAGEMENT LLC $5,562,859 33,700 0.10% Call option
Retirement Systems of Alabama $5,505,084 33,350 0.10% Shares
FORA Capital, LLC $5,397,001 32,721 0.10% Shares

Company insiders 41 insiders · 20 officers · 16 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Wahid Nawabi Chair, President and CEO July 10, 2026 F 162,200 0 0 $0
Sean Thomas Woodward CFO July 10, 2026 F 5,836 0 0 $0
Teresa Covington Chief Financial Officer July 12, 2018 F 14,077 0 0 $0
Raymond D Cook SVP and CFO July 12, 2016 S 13,879 0 0 $0
Jikun Kim SVP and CFO Aug. 1, 2014 A 42,494 0 0 $0
Stephen C Wright SVP of Finance and CFO June 29, 2009 M 5,457 0 0 $0
Clum Mary Elizabeth Mcdaniel President, Space, Cyber & DE July 10, 2026 F 16,571 0 0 $0
Trace E Stevenson President, Autonomous Systems July 10, 2026 F 9,823 0 0 $0
Robert Fendlay Smith Chief Operating Officer July 2, 2026 A 3,816 0 0 $0
Tom Herring COO April 30, 2014 M 24,287 0 0 $0
Melissa Ann Brown EVP, Chief Legal Officer July 10, 2026 F 26,085 0 0 $0
Kenneth D. Karklin VP & General Manager of EES July 12, 2018 S 8,463 0 0 $0
Kirk J. Flittie VP & General Manager of UAS July 12, 2018 S 36,861 0 0 $0
Douglas E Scott SVP, Gen. Counsel, Secretary July 12, 2016 S 18,014 0 0 $0
Cathleen S Cline Senior VP of Administration Jan. 14, 2016 M 18,318 0 0 $0
Roy E. Minson SVP and GM April 7, 2015 S 42,618 0 0 $0
Michael Bissonette SVP and GM June 15, 2011 A 1,019 0 0 $0
John F Grabowsky Executive VP and GM Jan. 14, 2010 M 0 0 0 $0
Patrick R Dellario VP and GM Oct. 8, 2007 S 0 0 0 $0
Paul B Maccready Founder Jan. 26, 2007 S 1,890,508 0 0 $0
Stephen F Page Director July 15, 2026 S 48,753 0 9 $-870,941
Edward R Muller Director July 13, 2026 J 49,691 0 0 $0
Joseph L. Votel Director July 2, 2026 A 4,189 0 0 $0
Mary Beth Long Director July 2, 2026 A 4,220 0 0 $0
Phillip S Davidson Director July 2, 2026 A 4,358 0 0 $0
Cindy Kay Lewis Director July 2, 2026 A 7,724 0 0 $0
William Lynn III Director July 2, 2026 A 892 0 0 $0
Charles Thomas Burbage Director July 2, 2026 A 51,764 0 0 $0
Arnold L Fishman Director July 19, 2018 M 15,868 0 0 $0
Timothy E Conver Director July 12, 2018 F 56,292 0 0 $0
Charles R Holland Director June 29, 2018 A 59,487 0 0 $0
Joseph F Alibrandi Director June 24, 2015 A 8,209 0 0 $0
Kenneth R Baker Director July 1, 2013 M 3,815 0 0 $0
Murray Gell-Mann Director April 22, 2013 A 3,815 0 0 $0
BLUEHALO HOLDINGS PARENT, LLC 10% owner May 1, 2025 J 0 0 0 $0
Judy Maccready 10% owner April 24, 2009 S 2,106,132 0 0 $0
Brian Charles Shackley Aug. 14, 2026 S 7,888 0 2 $-84,281
Kevin Patrick Mcdonnell Dec. 2, 2024 S 16,472 0 0 $0
Brett P Hush July 11, 2024 F 4,797 0 0 $0
Jeff E Rodrian July 11, 2024 F 3,493 0 0 $0
Catharine Merigold June 30, 2023 A 23,744 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Altitude V Holdings, LLC, Altitude VI Holdings, LLC, Arlington Capital Partners V, L.P., Arlington Capital Partners VI, L.P., Arlington Management V, L.L.C., Arlington Management VI, L.L.C. ×2 filings June 24, 2026 13.50% Amendment Board campaign SEC
Engaged Capital Master Feeder I, LP, Engaged Capital Master Feeder II, LP, Engaged Capital I, LP, Engaged Capital I Offshore, Ltd., Engaged Capital II, LP, Engaged Capital, LLC, Engaged Capital Holdings, LLC, Glenn W. Welling ×4 filings Nov. 15, 2013 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 85 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ARKX · ARK ETF Trust 5.01% 229,580 NS April 30, 2026 N-PORT
ARKQ · ARK ETF Trust 2.94% 317,383 NS April 30, 2026 N-PORT
ARMY · Tema ETF Trust 2.08% 486 NS May 31, 2026 N-PORT
AGIQ · Tidal Trust I 1.03% 562 NS May 31, 2026 N-PORT
FFND · Northern Lights Fund Trust II 1.02% 5,050 NS May 31, 2026 N-PORT
SPIT · RBB Fund, Inc. 0.94% 1,374 NS April 30, 2026 N-PORT
DTEC · ALPS ETF Trust 0.88% 3,149 NS May 31, 2026 N-PORT
MMSC · First Trust Exchange-Traded Fund VI… 0.66% 1,654 NS May 31, 2026 N-PORT
TMFX · RBB Fund, Inc. 0.51% 785 NS May 31, 2026 N-PORT
ILDR · First Trust Exchange-Traded Fund VI… 0.45% 6,222 NS May 31, 2026 N-PORT
DFEN · Direxion Shares ETF Trust 0.37% 6,931 NS April 30, 2026 N-PORT
PAMC · Pacer Funds Trust 0.21% 677 NS April 30, 2026 N-PORT
GINN · Goldman Sachs ETF Trust 0.21% 2,145 NS May 31, 2026 N-PORT
ITWO · ProShares Trust 0.20% 1,782 NS May 31, 2026 N-PORT
PTMC · Pacer Funds Trust 0.18% 3,655 NS April 30, 2026 N-PORT
TRFM · ETF Series Solutions 0.16% 1,315 NS April 30, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.16% 5,218 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.15% 15,125 NS April 30, 2026 N-PORT
MVV · ProShares Trust 0.14% 1,099 NS May 31, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.14% 3,746 NS April 30, 2026 N-PORT
ANEW · ProShares Trust 0.14% 51 NS May 31, 2026 N-PORT
MIDU · Direxion Shares ETF Trust 0.12% 526 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.12% 85,892 NS May 31, 2026 N-PORT
UWM · ProShares Trust 0.12% 1,393 NS May 31, 2026 N-PORT
UMDD · ProShares Trust 0.10% 154 NS May 31, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.09% 9,611 NS April 30, 2026 N-PORT
URTY · ProShares Trust 0.08% 1,405 NS May 31, 2026 N-PORT
GSSC · Goldman Sachs ETF Trust 0.08% 3,755 NS May 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.07% 4,959 NS April 30, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.04% 1,031 NS April 30, 2026 N-PORT
MSSM · MORGAN STANLEY PATHWAY FUNDS 0.04% 1,501 NS May 31, 2026 N-PORT
FNDA · SCHWAB STRATEGIC TRUST 0.03% 14,666 NS May 31, 2026 N-PORT
HDG · ProShares Trust 0.03% 35 NS May 31, 2026 N-PORT
ONEQ · Fidelity Commonwealth Trust 0.02% 11,862 NS May 31, 2026 N-PORT
SCHV · SCHWAB STRATEGIC TRUST 0.02% 15,971 NS May 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.02% 40,991 NS April 30, 2026 N-PORT
AVLC · AMERICAN CENTURY ETF TRUST 0.01% 663 NS May 31, 2026 N-PORT
TILT · FlexShares Trust 0.01% 1,078 NS April 30, 2026 N-PORT
SCHX · SCHWAB STRATEGIC TRUST 0.01% 34,461 NS May 31, 2026 N-PORT
GUSA · Goldman Sachs ETF Trust II 0.01% 1,085 NS May 31, 2026 N-PORT
SCHK · SCHWAB STRATEGIC TRUST 0.01% 2,590 NS May 31, 2026 N-PORT
SCHB · SCHWAB STRATEGIC TRUST 0.01% 18,511 NS May 31, 2026 N-PORT
AVUS · AMERICAN CENTURY ETF TRUST 0.00% 2,366 NS May 31, 2026 N-PORT
FNDB · SCHWAB STRATEGIC TRUST 0.00% 154 NS May 31, 2026 N-PORT
CLSE · Trust for Professional Managers -0.24% -7,152 NS May 31, 2026 N-PORT
FTLS · First Trust Exchange-Traded Fund III -0.28% -32,579 NS April 30, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS July 15, 2026 Daily
VB · VANGUARD INDEX FUNDS July 15, 2026 Daily
VBK · VANGUARD INDEX FUNDS July 15, 2026 Daily
VTI · VANGUARD INDEX FUNDS July 15, 2026 Daily