For the quarter ending 2026-01-31, AVAV had -$69,556K decrease in cash & cash equivalents over the period. -$17,704K in free cash flow.
| Cash Flow | 2026-01-31 | 2025-11-01 | 2025-08-02 |
|---|---|---|---|
| Net (loss) income | -156,551 | -17,103 | -67,370 |
| Depreciation and amortization | 54,633 | 58,073 | 90,254 |
| Impairment of goodwill | 151,306 | - | - |
| Gain from equity method investments | 295 | -1,196 | -1,787 |
| Amortization of debt issuance costs | 1,219 | 1,225 | 7,829 |
| Provision for credit losses | -111 | 1,805 | 173 |
| Reserve for inventory excess and obsolescence | 2,446 | 1,501 | 1,178 |
| Other non-cash expense, net | -1,454 | -1,473 | -616 |
| Non-cash lease expense | -6,234 | -5,805 | -6,850 |
| Loss on foreign currency transactions | -49 | -54 | -161 |
| Unrealized (gain) loss on available-for-sale equity securities, net | -1,412 | 6,156 | 2,702 |
| Deferred income taxes | -4,334 | - | - |
| Stock-based compensation | 8,070 | 8,566 | 11,429 |
| Loss on disposal of property and equipment | -555 | -546 | -48 |
| Amortization of debt securities | 460 | 201 | - |
| Accounts receivable | -31,627 | 35,826 | 15,693 |
| Unbilled receivables and retentions | 17,941 | 49,637 | 74,510 |
| Inventories | 43,361 | 36,656 | 12,704 |
| Income taxes receivable | 16,416 | 5,840 | 16,390 |
| Prepaid expenses and other assets | 540 | 10,998 | 1,749 |
| Accounts payable | -9,625 | 21,853 | -29,625 |
| Other liabilities | -15,068 | 17,628 | -19,734 |
| Net cash (used in) provided by operating activities | -5,107 | -45,084 | -123,726 |
| Acquisition of property and equipment | 12,597 | 10,809 | 22,728 |
| Contributions in equity method investments | 1,120 | 2,123 | - |
| Purchase of available-for-sale investments | 70,968 | 264,215 | - |
| Sales and redemptions of available-for-sale investments | 21,500 | - | - |
| Acquisition of capitalized software to be sold | 4,009 | 3,926 | 9,340 |
| Business acquisitions, net of cash acquired | 6 | 0 | 844,580 |
| Net cash used in investing activities | -67,200 | -281,073 | -876,648 |
| Principal payments of term loan-Term Loan Facility | 0 | 0 | 700,000 |
| Principal payments of revolver | 265,000 | - | - |
| Proceeds from long-term debt-Term Loan Facility | 0 | 0 | 693,202 |
| Principal payments of revolver-Revolving Credit Facility | - | 0 | 265,000 |
| Proceeds from revolver, net of creditor costs-Revolving Credit Facility | 0 | 0 | 233,939 |
| Proceeds from shares issued, net of underwriter costs | 0 | 0 | 968,515 |
| Proceeds from convertible debt, net of underwriter costs | 0 | 0 | 726,944 |
| Payment of debt issuance costs | 0 | 0 | 2,445 |
| Payment of equity issuance costs | 0 | 0 | 1,388 |
| Tax withholding payment related to net settlement of equity awards | 0 | 114 | 10,786 |
| Employee stock purchase plan contributions | 1,888 | 0 | 2,467 |
| Other | -3 | -4 | -5 |
| Net cash provided by (used in) financing activities | 1,885 | -118 | 1,645,443 |
| Effects of currency translation on cash and cash equivalents | 866 | -94 | -128 |
| Net increase (decrease) in cash and cash equivalents | -69,556 | -326,369 | 644,941 |
| Cash and cash equivalents at beginning of period | 359,434 | 40,862 | - |
| Cash and cash equivalents at end of period | 289,878 | 359,434 | - |
AeroVironment Inc (AVAV)
AeroVironment Inc (AVAV)