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Business Acquisitions (Tables) | 6 Months Ended
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Nov. 01, 2025
Business Acquisitions |
Schedule of purchase consideration | ​
​ | ​ | ​
(in thousands) | ​ | Amount
Equity consideration transferred | $ | 2,640,365
Settlement of BlueHalo’s transaction expenses | ​ | 25,214
Settlement of BlueHalo’s debt | ​ | 863,207
Merger consideration | $ | 3,528,786
Less cash acquired | ​ | (43,841)
Fair value of consideration transferred | $ | 3,484,945
Summary of the provisional allocation of the purchase price over the estimated fair value of the assets and liabilities assumed in the acquisition | ​
​ | ​ | ​ | ​
​ | ​ | May 1,
​ | ​ | 2025
Fair value of assets acquired: | ​ | ​ | ​
Accounts receivable, net of allowance for credit losses of $420 at May 1, 2025 |  | $ | 80,752
Unbilled receivables and retentions | ​ | ​ | 99,333
Inventories, net | ​ | ​ | 94,167
Income taxes receivable | ​ | ​ | 3,941
Prepaid expenses and other current assets | ​ | ​ | 13,628
Long-term investments | ​ | ​ | 151
Property and equipment | ​ | ​ | 89,327
Operating lease right-of-use assets | ​ | ​ | 70,879
Intangibles | ​ | ​ | 1,025,500
Goodwill | ​ | ​ | 2,366,888
Other assets | ​ | ​ | 1,086
Total identifiable assets | ​ | $ | 3,845,652
​ | ​ | ​ | ​
Fair value of liabilities assumed: | ​ | ​ | ​
Accounts payable | ​ | ​ | 56,930
Wages and related accruals | ​ | ​ | 43,031
Customer advances | ​ | ​ | 42,700
Current operating lease liabilities | ​ | ​ | 6,707
Other current liabilities | ​ | ​ | 11,971
Non-current operating lease liabilities | ​ | ​ | 64,720
Deferred income taxes | ​ | ​ | 134,648
Total liabilities assumed | ​ | ​ | 360,707
Total identifiable net assets | ​ | $ | 3,484,945
Schedule of acquired finite lived intangible assets | The following table summarizes the valuation of the fair value of intangible assets acquired (in thousands): ​
​ | ​ | ​ | ​
​ | ​ | Preliminary Fair Value | Estimated Useful Life
​ | ​ | ​ | Years
Preliminary fair value of intangible assets acquired: | ​ | ​ | ​
Backlog | $ | 49,600 | 1-2
Customer relationships | ​ | 506,700 | 4-9
Developed technology | ​ | 469,200 | 4-10
Intangible assets acquired | $ | 1,025,500 | ​
Schedule of proforma information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​ | ​ | Six Months Ended
​ | ​ | ​ | November 1, | ​ | ​ | October 26, | ​ | ​ | November 1, | ​ | ​ | October 26,
​ | ​ | ​ | 2025 | ​ | ​ | 2024 | ​ | ​ | 2025 | ​ | ​ | 2024
Revenue | ​ | $ | 472,508 | ​ | $ | 403,551 | ​ | $ | 927,184 | ​ | $ | 782,475
Net loss attributable to AeroVironment, Inc. | ​ | $ | (6,350) | ​ | $ | (29,186) | ​ | $ | (27,173) | ​ | $ | (118,323)

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