vs

Side-by-side financial comparison of AeroVironment Inc (AVAV) and Designer Brands Inc. (DBI). Click either name above to swap in a different company.

Designer Brands Inc. is the larger business by last-quarter revenue ($752.4M vs $472.5M, roughly 1.6× AeroVironment Inc). Designer Brands Inc. runs the higher net margin — 2.4% vs -3.6%, a 6.0% gap on every dollar of revenue. On growth, AeroVironment Inc posted the faster year-over-year revenue change (181.9% vs -3.2%). Designer Brands Inc. produced more free cash flow last quarter ($57.5M vs $-55.9M). Over the past eight quarters, AeroVironment Inc's revenue compounded faster (59.1% CAGR vs -0.1%).

AeroVironment, Inc., also known as AV, is an American defense technology company headquartered in Arlington, Virginia that designs and manufactures autonomous systems, counter-UAS systems, and space systems. The company was founded in 1971 by Paul B. MacCready Jr., a designer of human-powered aircraft. The company provides the US Department of Defense and foreign militaries with small and medium-sized drones—notably the Raven, Switchblade, Wasp, and Puma. Through its acquisition of BlueHalo i...

Designer Brands Inc. is an American company that sells designer and name brand shoes and fashion accessories. It owns the Designer Shoe Warehouse (DSW) store chain, and operates over 500 stores in the United States and an e-commerce website.

AVAV vs DBI — Head-to-Head

Bigger by revenue
DBI
DBI
1.6× larger
DBI
$752.4M
$472.5M
AVAV
Growing faster (revenue YoY)
AVAV
AVAV
+185.1% gap
AVAV
181.9%
-3.2%
DBI
Higher net margin
DBI
DBI
6.0% more per $
DBI
2.4%
-3.6%
AVAV
More free cash flow
DBI
DBI
$113.4M more FCF
DBI
$57.5M
$-55.9M
AVAV
Faster 2-yr revenue CAGR
AVAV
AVAV
Annualised
AVAV
59.1%
-0.1%
DBI

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
AVAV
AVAV
DBI
DBI
Revenue
$472.5M
$752.4M
Net Profit
$-17.1M
$18.2M
Gross Margin
22.0%
45.1%
Operating Margin
-6.4%
5.7%
Net Margin
-3.6%
2.4%
Revenue YoY
181.9%
-3.2%
Net Profit YoY
-875.1%
40.0%
EPS (diluted)
$-0.34
$0.35

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVAV
AVAV
DBI
DBI
Q4 25
$472.5M
$752.4M
Q3 25
$454.7M
$739.8M
Q2 25
$275.1M
$686.9M
Q1 25
$167.6M
$713.6M
Q4 24
$188.5M
$777.2M
Q3 24
$189.5M
$771.9M
Q2 24
$197.0M
$746.6M
Q1 24
$186.6M
$754.3M
Net Profit
AVAV
AVAV
DBI
DBI
Q4 25
$-17.1M
$18.2M
Q3 25
$-67.4M
$10.8M
Q2 25
$16.7M
$-17.4M
Q1 25
$-1.8M
$-38.2M
Q4 24
$7.5M
$13.0M
Q3 24
$21.2M
$13.8M
Q2 24
$6.0M
$783.0K
Q1 24
$13.9M
$-29.6M
Gross Margin
AVAV
AVAV
DBI
DBI
Q4 25
22.0%
45.1%
Q3 25
20.9%
43.7%
Q2 25
36.5%
43.0%
Q1 25
37.7%
75.7%
Q4 24
39.1%
43.0%
Q3 24
43.0%
44.0%
Q2 24
38.4%
44.2%
Q1 24
36.1%
38.8%
Operating Margin
AVAV
AVAV
DBI
DBI
Q4 25
-6.4%
5.7%
Q3 25
-15.2%
3.6%
Q2 25
5.0%
-1.1%
Q1 25
-1.8%
-3.6%
Q4 24
3.7%
2.9%
Q3 24
12.2%
3.7%
Q2 24
3.0%
1.3%
Q1 24
7.7%
-4.8%
Net Margin
AVAV
AVAV
DBI
DBI
Q4 25
-3.6%
2.4%
Q3 25
-14.8%
1.5%
Q2 25
6.1%
-2.5%
Q1 25
-1.0%
-5.3%
Q4 24
4.0%
1.7%
Q3 24
11.2%
1.8%
Q2 24
3.1%
0.1%
Q1 24
7.4%
-3.9%
EPS (diluted)
AVAV
AVAV
DBI
DBI
Q4 25
$-0.34
$0.35
Q3 25
$-1.44
$0.22
Q2 25
$0.59
$-0.36
Q1 25
$-0.06
$-0.69
Q4 24
$0.27
$0.24
Q3 24
$0.75
$0.24
Q2 24
$0.18
$0.01
Q1 24
$0.50
$-899.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVAV
AVAV
DBI
DBI
Cash + ST InvestmentsLiquidity on hand
$588.5M
$51.4M
Total DebtLower is stronger
$747.5M
$463.1M
Stockholders' EquityBook value
$4.4B
$298.6M
Total Assets
$5.6B
$2.1B
Debt / EquityLower = less leverage
0.17×
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVAV
AVAV
DBI
DBI
Q4 25
$588.5M
$51.4M
Q3 25
$685.8M
$44.9M
Q2 25
$40.9M
$46.0M
Q1 25
$47.0M
$44.8M
Q4 24
$69.0M
$36.2M
Q3 24
$81.2M
$38.8M
Q2 24
$73.3M
$43.4M
Q1 24
$107.7M
$49.2M
Total Debt
AVAV
AVAV
DBI
DBI
Q4 25
$747.5M
$463.1M
Q3 25
$747.5M
$509.6M
Q2 25
$30.0M
$516.2M
Q1 25
$25.0M
$484.3M
Q4 24
$15.0M
$529.6M
Q3 24
$17.5M
$459.0M
Q2 24
$28.0M
$469.3M
Q1 24
$40.0M
$420.3M
Stockholders' Equity
AVAV
AVAV
DBI
DBI
Q4 25
$4.4B
$298.6M
Q3 25
$4.4B
$280.8M
Q2 25
$886.5M
$266.9M
Q1 25
$861.1M
$278.5M
Q4 24
$858.4M
$318.5M
Q3 24
$845.5M
$355.5M
Q2 24
$822.7M
$358.5M
Q1 24
$813.0M
$359.2M
Total Assets
AVAV
AVAV
DBI
DBI
Q4 25
$5.6B
$2.1B
Q3 25
$5.6B
$2.1B
Q2 25
$1.1B
$2.1B
Q1 25
$1.0B
$2.0B
Q4 24
$1.0B
$2.1B
Q3 24
$999.2M
$2.1B
Q2 24
$1.0B
$2.2B
Q1 24
$980.3M
$2.1B
Debt / Equity
AVAV
AVAV
DBI
DBI
Q4 25
0.17×
1.55×
Q3 25
0.17×
1.81×
Q2 25
0.03×
1.93×
Q1 25
0.03×
1.74×
Q4 24
0.02×
1.66×
Q3 24
0.02×
1.29×
Q2 24
0.03×
1.31×
Q1 24
0.05×
1.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVAV
AVAV
DBI
DBI
Operating Cash FlowLast quarter
$-45.1M
$66.5M
Free Cash FlowOCF − Capex
$-55.9M
$57.5M
FCF MarginFCF / Revenue
-11.8%
7.6%
Capex IntensityCapex / Revenue
2.3%
1.2%
Cash ConversionOCF / Net Profit
3.65×
TTM Free Cash FlowTrailing 4 quarters
$-240.7M
$99.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVAV
AVAV
DBI
DBI
Q4 25
$-45.1M
$66.5M
Q3 25
$-123.7M
$21.4M
Q2 25
$-264.0K
$-20.4M
Q1 25
$-25.8M
$70.1M
Q4 24
$-3.6M
$-9.8M
Q3 24
$28.4M
$41.6M
Q2 24
$-11.7M
$-19.7M
Q1 24
$52.6M
$-40.1M
Free Cash Flow
AVAV
AVAV
DBI
DBI
Q4 25
$-55.9M
$57.5M
Q3 25
$-146.5M
$11.9M
Q2 25
$-8.8M
$-27.6M
Q1 25
$-29.6M
$58.1M
Q4 24
$-8.7M
$-19.2M
Q3 24
$22.9M
$28.0M
Q2 24
$-20.8M
$-35.6M
Q1 24
$48.8M
$-52.8M
FCF Margin
AVAV
AVAV
DBI
DBI
Q4 25
-11.8%
7.6%
Q3 25
-32.2%
1.6%
Q2 25
-3.2%
-4.0%
Q1 25
-17.7%
8.1%
Q4 24
-4.6%
-2.5%
Q3 24
12.1%
3.6%
Q2 24
-10.5%
-4.8%
Q1 24
26.1%
-7.0%
Capex Intensity
AVAV
AVAV
DBI
DBI
Q4 25
2.3%
1.2%
Q3 25
5.0%
1.3%
Q2 25
3.1%
1.1%
Q1 25
2.3%
1.7%
Q4 24
2.7%
1.2%
Q3 24
2.9%
1.8%
Q2 24
4.6%
2.1%
Q1 24
2.0%
1.7%
Cash Conversion
AVAV
AVAV
DBI
DBI
Q4 25
3.65×
Q3 25
1.98×
Q2 25
-0.02×
Q1 25
Q4 24
-0.48×
-0.75×
Q3 24
1.34×
3.01×
Q2 24
-1.93×
-25.13×
Q1 24
3.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVAV
AVAV

Services$130.2M28%
Cost Plus$95.8M20%
Uncrewed Aircraft Systems$89.8M19%
Space And Directed Energy$53.2M11%
Non U.s.Government$42.2M9%
TM$31.9M7%
Other$30.7M7%

DBI
DBI

Womens$280.7M37%
Athletic Footwear$188.6M25%
Wholesale$89.8M12%
Canada Retail Segment$77.3M10%
Mens$76.1M10%
Kids$24.2M3%
Commission Income$10.8M1%
Directto Consumer$1.3M0%

Related Comparisons