Earnings call briefFiscal first-quarter 2027
AeroVironment expects slightly negative fiscal 2027 free cash flow on capital spending
The company expects approximately 45% of fiscal 2027 revenue in the first half and 55% in the second half.
GetSignal AeroVironment AVAV
On its fiscal first-quarter call, AeroVironment said it still expects capital expenditures of 12% to 14% of revenue in fiscal 2027, primarily for production capacity expansion. Chief Financial Officer Sean Woodward said free cash flow for the year is anticipated to be slightly negative, driven mainly by capital expenditures. Woodward also said adjusted EBITDA is expected to be roughly one-third in the first half and two-thirds in the second half.
Quotes from the call
“With a strong quarter behind us and positive momentum carrying us into the second quarter, we are reaffirming our fiscal year 2027 revenue guidance of between $2.125 billion and $2.225 billion, and adjusted EBITDA guidance for fiscal year 2027 of between $305 million and $325 million.”
Key facts from the call
- Expected fiscal 2027 free cash flow
- Slightly negative
- Expected fiscal 2027 capital expenditures
- 12% to 14% of revenue
- Expected fiscal 2027 revenue split, first half and second half
- Approximately 45% and 55%
Source: AeroVironment's fiscal first-quarter 2027 earnings call, September 9, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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