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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Jan. 27, 2024
Jan. 28, 2023
Jan. 27, 2024
Jan. 28, 2023
Revenue:        
Revenue $ 186,578,000 $ 134,395,000 $ 519,741,000 $ 354,495,000
Cost of sales:        
Cost of sales 119,291,000 88,885,000 311,444,000 249,381,000
Gross margin:        
Total gross margin 67,287,000 45,510,000 208,297,000 105,114,000
Selling, general and administrative 27,826,000 24,746,000 79,800,000 70,302,000
Research and development 25,127,000 16,157,000 62,618,000 47,793,000
Income (loss) from operations 14,334,000 4,607,000 65,879,000 (12,981,000)
Other income (loss):        
Interest (expense), net (114,000) (2,810,000) (4,072,000) (6,722,000)
Other income (expense), net 1,004,000 (2,587,000) (2,983,000) (2,183,000)
Income (loss) before income taxes 15,224,000 (790,000) 58,824,000 (21,886,000)
Provision for (benefit from) income taxes 1,259,000 (531,000) 3,710,000 (8,382,000)
Equity method investment loss, net of tax (80,000) (417,000) (1,494,000) (2,190,000)
Net income (loss) 13,885,000 (676,000) 53,620,000 (15,694,000)
Net income attributable to noncontrolling interest       (45,000)
Net income (loss) attributable to AeroVironment, Inc. $ 13,885,000 $ (676,000) $ 53,620,000 $ (15,739,000)
Net income (loss) per share attributable to AeroVironment, Inc.        
Basic (in dollars per share) $ 0.50 $ (0.03) $ 1.99 $ (0.63)
Diluted (in dollars per share) $ 0.50 $ (0.03) $ 1.98 $ (0.63)
Weighted-average shares outstanding:        
Basic (in shares) 27,907,568 25,012,412 26,957,061 24,906,977
Diluted (in shares) 28,044,127 25,012,412 27,061,409 24,906,977
Product sales        
Revenue:        
Revenue $ 155,923,000 $ 91,216,000 $ 421,173,000 $ 211,533,000
Cost of sales:        
Cost of sales 99,486,000 54,866,000 240,126,000 127,210,000
Gross margin:        
Total gross margin 56,437,000 36,350,000 181,047,000 84,323,000
Contract services        
Revenue:        
Revenue 30,655,000 43,179,000 98,568,000 142,962,000
Cost of sales:        
Cost of sales 19,805,000 34,019,000 71,318,000 122,171,000
Gross margin:        
Total gross margin $ 10,850,000 $ 9,160,000 $ 27,250,000 $ 20,791,000