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AeroVironment vs BETA Technologies: revenue, profit, margins and growth compared

AeroVironment brought in $2B of revenue in fiscal 2026, BETA Technologies $35.6M in fiscal 2025. Revenue changed by +140.9% at AeroVironment and +136.0% at BETA Technologies on the year before, so AeroVironment grew faster. AeroVironment kept -13.4% of its revenue as net profit, BETA Technologies -2,094.2%. Free cash flow was -$140.9M at AeroVironment and -$313.2M at BETA Technologies.

Side by side, latest fiscal year

AVAVBETA
Fiscal year endedFY2026 (April 30, 2026)FY2025 (December 31, 2025)
Revenue$2B$35.6M
Revenue growth+140.9%+136.0%
Net income-$265.1M-$745.9M
Net margin-13.4%-2,094.2%
Free cash flow-$140.9M-$313.2M
Free cash flow margin-7.1%-879.5%
Earnings per share (diluted)-$5.40-$12.85
Cash$377.3M$1.7B
Debt$747.5M$185.5M
Price to earningsn/an/a
Market value$7.7B$5.6B
Dividend yieldn/an/a
Rank by revenue in sector#219 of 451 · Industrials#412 of 451 · Industrials

Over the years

Revenue
AVAV FY2019: $314.3MAVAV FY2019: $367.3MAVAV FY2020: $394.9MAVAV FY2022: $445.7MAVAV FY2023: $540.5MAVAV FY2024: $716.7MAVAV FY2025: $820.6MAVAV FY2026: $2BBETA FY2023: $15.4MBETA FY2025: $15.1MBETA FY2025: $35.6MFY19FY20FY22FY23FY24FY25FY26
AVAV $2BBETA $35.6M
Net income
AVAV FY2019: $47.4MAVAV FY2019: $41.1MAVAV FY2020: $23.3MAVAV FY2022: -$4.2MAVAV FY2023: -$176.2MAVAV FY2024: $59.7MAVAV FY2025: $43.6MAVAV FY2026: -$265.1MBETA FY2023: -$175.6MBETA FY2025: -$275.6MBETA FY2025: -$745.9MFY19FY20FY22FY23FY24FY25FY26
AVAV -$265.1MBETA -$745.9M
Net margin
AVAV FY2019: 15.1%AVAV FY2019: 11.2%AVAV FY2020: 5.9%AVAV FY2022: -0.9%AVAV FY2023: -32.6%AVAV FY2024: 8.3%AVAV FY2025: 5.3%AVAV FY2026: -13.4%BETA FY2023: -1,143.2%BETA FY2025: -1,826.4%BETA FY2025: -2,094.2%FY19FY20FY22FY23FY24FY25FY26
AVAV -13.4%BETA -2,094.2%
Revenue growth
AVAV FY2019: +16.9%AVAV FY2020: +7.5%AVAV FY2022: +12.9%AVAV FY2023: +21.3%AVAV FY2024: +32.6%AVAV FY2025: +14.5%AVAV FY2026: +140.9%BETA FY2025: -1.7%BETA FY2025: +136.0%FY19FY20FY22FY23FY24FY25FY26
AVAV +140.9%BETA +136.0%
Free cash flow
AVAV FY2019: $18.1MAVAV FY2019: $13.9MAVAV FY2020: $75.3MAVAV FY2022: -$31.9MAVAV FY2023: -$3.5MAVAV FY2024: -$7.7MAVAV FY2025: -$20.9MAVAV FY2026: -$140.9MBETA FY2023: -$311.3MBETA FY2025: -$296.2MBETA FY2025: -$313.2MFY19FY20FY22FY23FY24FY25FY26
AVAV -$140.9MBETA -$313.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about AeroVironment and BETA Technologies

Which is bigger by revenue, AeroVironment or BETA Technologies?

AeroVironment is bigger by revenue: $2B in fiscal 2026, against $35.6M for BETA Technologies in fiscal 2025.

Which keeps more of its revenue as profit, AeroVironment or BETA Technologies?

AeroVironment had a net margin of -13.4% in fiscal 2026; BETA Technologies had -2,094.2% in fiscal 2025.

Which grew revenue faster, AeroVironment or BETA Technologies?

In their latest fiscal years revenue changed by +140.9% at AeroVironment and +136.0% at BETA Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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