vs

Side-by-side financial comparison of AeroVironment Inc (AVAV) and EAST WEST BANCORP INC (EWBC). Click either name above to swap in a different company.

EAST WEST BANCORP INC is the larger business by last-quarter revenue ($775.0M vs $472.5M, roughly 1.6× AeroVironment Inc). EAST WEST BANCORP INC runs the higher net margin — 46.2% vs -3.6%, a 49.8% gap on every dollar of revenue. On growth, AeroVironment Inc posted the faster year-over-year revenue change (181.9% vs 2.1%). Over the past eight quarters, AeroVironment Inc's revenue compounded faster (59.1% CAGR vs 18.4%).

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...

East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.

AVAV vs EWBC — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.6× larger
EWBC
$775.0M
$472.5M
AVAV
Growing faster (revenue YoY)
AVAV
AVAV
+179.8% gap
AVAV
181.9%
2.1%
EWBC
Higher net margin
EWBC
EWBC
49.8% more per $
EWBC
46.2%
-3.6%
AVAV
Faster 2-yr revenue CAGR
AVAV
AVAV
Annualised
AVAV
59.1%
18.4%
EWBC

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AVAV
AVAV
EWBC
EWBC
Revenue
$472.5M
$775.0M
Net Profit
$-17.1M
$358.0M
Gross Margin
22.0%
Operating Margin
-6.4%
Net Margin
-3.6%
46.2%
Revenue YoY
181.9%
2.1%
Net Profit YoY
-875.1%
0.4%
EPS (diluted)
$-0.34
$2.57

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
EWBC
EWBC
Q1 26
$775.0M
Q4 25
$472.5M
$657.8M
Q3 25
$454.7M
$677.5M
Q2 25
$275.1M
$617.1M
Q1 25
$167.6M
$600.2M
Q4 24
$188.5M
$587.6M
Q3 24
$189.5M
$572.7M
Q2 24
$197.0M
$553.2M
Net Profit
AVAV
AVAV
EWBC
EWBC
Q1 26
$358.0M
Q4 25
$-17.1M
$356.3M
Q3 25
$-67.4M
$368.4M
Q2 25
$16.7M
$310.3M
Q1 25
$-1.8M
$290.3M
Q4 24
$7.5M
$293.1M
Q3 24
$21.2M
$299.2M
Q2 24
$6.0M
$288.2M
Gross Margin
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
22.0%
Q3 25
20.9%
Q2 25
36.5%
Q1 25
37.7%
Q4 24
39.1%
Q3 24
43.0%
Q2 24
38.4%
Operating Margin
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
-6.4%
71.0%
Q3 25
-15.2%
68.6%
Q2 25
5.0%
65.2%
Q1 25
-1.8%
65.2%
Q4 24
3.7%
60.6%
Q3 24
12.2%
68.0%
Q2 24
3.0%
65.9%
Net Margin
AVAV
AVAV
EWBC
EWBC
Q1 26
46.2%
Q4 25
-3.6%
54.2%
Q3 25
-14.8%
54.4%
Q2 25
6.1%
50.3%
Q1 25
-1.0%
48.4%
Q4 24
4.0%
49.9%
Q3 24
11.2%
52.2%
Q2 24
3.1%
52.1%
EPS (diluted)
AVAV
AVAV
EWBC
EWBC
Q1 26
$2.57
Q4 25
$-0.34
$2.55
Q3 25
$-1.44
$2.65
Q2 25
$0.59
$2.24
Q1 25
$-0.06
$2.08
Q4 24
$0.27
$2.10
Q3 24
$0.75
$2.14
Q2 24
$0.18
$2.06

Balance Sheet & Financial Strength

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

Metric
AVAV
AVAV
EWBC
EWBC
Cash + ST InvestmentsLiquidity on hand
$588.5M
Total DebtLower is stronger
$747.5M
Stockholders' EquityBook value
$4.4B
$9.0B
Total Assets
$5.6B
$82.9B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
$588.5M
$4.2B
Q3 25
$685.8M
$4.7B
Q2 25
$40.9M
$4.4B
Q1 25
$47.0M
$3.4B
Q4 24
$69.0M
$5.3B
Q3 24
$81.2M
$4.9B
Q2 24
$73.3M
$4.4B
Total Debt
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
$747.5M
$35.6M
Q3 25
$747.5M
$35.7M
Q2 25
$30.0M
$35.8M
Q1 25
$25.0M
$35.9M
Q4 24
$15.0M
$36.0M
Q3 24
$17.5M
$36.1M
Q2 24
$28.0M
$36.1M
Stockholders' Equity
AVAV
AVAV
EWBC
EWBC
Q1 26
$9.0B
Q4 25
$4.4B
$8.9B
Q3 25
$4.4B
$8.6B
Q2 25
$886.5M
$8.2B
Q1 25
$861.1M
$7.9B
Q4 24
$858.4M
$7.7B
Q3 24
$845.5M
$7.7B
Q2 24
$822.7M
$7.2B
Total Assets
AVAV
AVAV
EWBC
EWBC
Q1 26
$82.9B
Q4 25
$5.6B
$80.4B
Q3 25
$5.6B
$79.7B
Q2 25
$1.1B
$78.2B
Q1 25
$1.0B
$76.2B
Q4 24
$1.0B
$76.0B
Q3 24
$999.2M
$74.5B
Q2 24
$1.0B
$72.5B
Debt / Equity
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
0.17×
0.00×
Q3 25
0.17×
0.00×
Q2 25
0.03×
0.00×
Q1 25
0.03×
0.00×
Q4 24
0.02×
0.00×
Q3 24
0.02×
0.00×
Q2 24
0.03×
0.01×

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
EWBC
EWBC
Operating Cash FlowLast quarter
$-45.1M
Free Cash FlowOCF − Capex
$-55.9M
FCF MarginFCF / Revenue
-11.8%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-240.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
$-45.1M
$713.4M
Q3 25
$-123.7M
$231.7M
Q2 25
$-264.0K
$278.7M
Q1 25
$-25.8M
$277.9M
Q4 24
$-3.6M
$500.1M
Q3 24
$28.4M
$386.1M
Q2 24
$-11.7M
$259.2M
Free Cash Flow
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
$-55.9M
Q3 25
$-146.5M
Q2 25
$-8.8M
Q1 25
$-29.6M
Q4 24
$-8.7M
Q3 24
$22.9M
Q2 24
$-20.8M
FCF Margin
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
-11.8%
Q3 25
-32.2%
Q2 25
-3.2%
Q1 25
-17.7%
Q4 24
-4.6%
Q3 24
12.1%
Q2 24
-10.5%
Capex Intensity
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
2.3%
Q3 25
5.0%
Q2 25
3.1%
Q1 25
2.3%
Q4 24
2.7%
Q3 24
2.9%
Q2 24
4.6%
Cash Conversion
AVAV
AVAV
EWBC
EWBC
Q1 26
Q4 25
2.00×
Q3 25
0.63×
Q2 25
-0.02×
0.90×
Q1 25
0.96×
Q4 24
-0.48×
1.71×
Q3 24
1.34×
1.29×
Q2 24
-1.93×
0.90×

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%

EWBC
EWBC

Segment breakdown not available.

Related Comparisons