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Side-by-side financial comparison of AeroVironment Inc (AVAV) and MARINEMAX INC (HZO). Click either name above to swap in a different company.
MARINEMAX INC is the larger business by last-quarter revenue ($527.4M vs $472.5M, roughly 1.1× AeroVironment Inc). On growth, AeroVironment Inc posted the faster year-over-year revenue change (181.9% vs -16.5%). Over the past eight quarters, AeroVironment Inc's revenue compounded faster (59.1% CAGR vs -16.6%).
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...
MarineMax Inc. is a leading recreational boat and yacht retailer primarily operating in the United States. It offers new and pre-owned leisure vessels, alongside related services including maintenance, repair, financing, insurance coverage, yacht chartering, and boating lifestyle events, catering to private boating enthusiasts across North America.
AVAV vs HZO — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $472.5M | $527.4M |
| Net Profit | $-17.1M | — |
| Gross Margin | 22.0% | 34.4% |
| Operating Margin | -6.4% | 2.1% |
| Net Margin | -3.6% | — |
| Revenue YoY | 181.9% | -16.5% |
| Net Profit YoY | -875.1% | — |
| EPS (diluted) | $-0.34 | $0.14 |
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.
| Q1 26 | — | $527.4M | ||
| Q4 25 | $472.5M | $505.2M | ||
| Q3 25 | $454.7M | $552.2M | ||
| Q2 25 | $275.1M | $657.2M | ||
| Q1 25 | $167.6M | $631.5M | ||
| Q4 24 | $188.5M | $468.5M | ||
| Q3 24 | $189.5M | $563.1M | ||
| Q2 24 | $197.0M | $757.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-17.1M | $-7.9M | ||
| Q3 25 | $-67.4M | $-851.0K | ||
| Q2 25 | $16.7M | $-52.1M | ||
| Q1 25 | $-1.8M | $3.3M | ||
| Q4 24 | $7.5M | $18.1M | ||
| Q3 24 | $21.2M | $4.0M | ||
| Q2 24 | $6.0M | $31.6M |
| Q1 26 | — | 34.4% | ||
| Q4 25 | 22.0% | 31.8% | ||
| Q3 25 | 20.9% | 34.7% | ||
| Q2 25 | 36.5% | 30.4% | ||
| Q1 25 | 37.7% | 30.0% | ||
| Q4 24 | 39.1% | 36.2% | ||
| Q3 24 | 43.0% | 34.3% | ||
| Q2 24 | 38.4% | 32.0% |
| Q1 26 | — | 2.1% | ||
| Q4 25 | -6.4% | 1.0% | ||
| Q3 25 | -15.2% | 2.5% | ||
| Q2 25 | 5.0% | -6.3% | ||
| Q1 25 | -1.8% | 3.6% | ||
| Q4 24 | 3.7% | 8.3% | ||
| Q3 24 | 12.2% | 4.8% | ||
| Q2 24 | 3.0% | 8.1% |
| Q1 26 | — | — | ||
| Q4 25 | -3.6% | -1.6% | ||
| Q3 25 | -14.8% | -0.2% | ||
| Q2 25 | 6.1% | -7.9% | ||
| Q1 25 | -1.0% | 0.5% | ||
| Q4 24 | 4.0% | 3.9% | ||
| Q3 24 | 11.2% | 0.7% | ||
| Q2 24 | 3.1% | 4.2% |
| Q1 26 | — | $0.14 | ||
| Q4 25 | $-0.34 | $-0.36 | ||
| Q3 25 | $-1.44 | $0.08 | ||
| Q2 25 | $0.59 | $-2.42 | ||
| Q1 25 | $-0.06 | $0.14 | ||
| Q4 24 | $0.27 | $0.77 | ||
| Q3 24 | $0.75 | $0.17 | ||
| Q2 24 | $0.18 | $1.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $588.5M | $189.1M |
| Total DebtLower is stronger | $747.5M | $338.7M |
| Stockholders' EquityBook value | $4.4B | — |
| Total Assets | $5.6B | $2.4B |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $189.1M | ||
| Q4 25 | $588.5M | $164.6M | ||
| Q3 25 | $685.8M | $170.4M | ||
| Q2 25 | $40.9M | $151.0M | ||
| Q1 25 | $47.0M | $203.5M | ||
| Q4 24 | $69.0M | $145.0M | ||
| Q3 24 | $81.2M | $224.3M | ||
| Q2 24 | $73.3M | $242.4M |
| Q1 26 | — | $338.7M | ||
| Q4 25 | $747.5M | — | ||
| Q3 25 | $747.5M | $393.2M | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $17.5M | $391.2M | ||
| Q2 24 | $28.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $4.4B | $932.8M | ||
| Q3 25 | $4.4B | $937.2M | ||
| Q2 25 | $886.5M | $940.5M | ||
| Q1 25 | $861.1M | $993.4M | ||
| Q4 24 | $858.4M | $993.5M | ||
| Q3 24 | $845.5M | $975.8M | ||
| Q2 24 | $822.7M | $967.6M |
| Q1 26 | — | $2.4B | ||
| Q4 25 | $5.6B | $2.4B | ||
| Q3 25 | $5.6B | $2.5B | ||
| Q2 25 | $1.1B | $2.5B | ||
| Q1 25 | $1.0B | $2.7B | ||
| Q4 24 | $1.0B | $2.6B | ||
| Q3 24 | $999.2M | $2.6B | ||
| Q2 24 | $1.0B | $2.6B |
| Q1 26 | — | — | ||
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | 0.42× | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | 0.40× | ||
| Q2 24 | 0.03× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $-45.1M | $16.9M | ||
| Q3 25 | $-123.7M | $61.5M | ||
| Q2 25 | $-264.0K | $84.9M | ||
| Q1 25 | $-25.8M | $72.5M | ||
| Q4 24 | $-3.6M | $-146.1M | ||
| Q3 24 | $28.4M | $-782.0K | ||
| Q2 24 | $-11.7M | $86.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-55.9M | $8.3M | ||
| Q3 25 | $-146.5M | $48.0M | ||
| Q2 25 | $-8.8M | $68.5M | ||
| Q1 25 | $-29.6M | $59.8M | ||
| Q4 24 | $-8.7M | $-164.4M | ||
| Q3 24 | $22.9M | $-17.5M | ||
| Q2 24 | $-20.8M | $71.1M |
| Q1 26 | — | — | ||
| Q4 25 | -11.8% | 1.7% | ||
| Q3 25 | -32.2% | 8.7% | ||
| Q2 25 | -3.2% | 10.4% | ||
| Q1 25 | -17.7% | 9.5% | ||
| Q4 24 | -4.6% | -35.1% | ||
| Q3 24 | 12.1% | -3.1% | ||
| Q2 24 | -10.5% | 9.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 1.7% | ||
| Q3 25 | 5.0% | 2.4% | ||
| Q2 25 | 3.1% | 2.5% | ||
| Q1 25 | 2.3% | 2.0% | ||
| Q4 24 | 2.7% | 3.9% | ||
| Q3 24 | 2.9% | 3.0% | ||
| Q2 24 | 4.6% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | 21.97× | ||
| Q4 24 | -0.48× | -8.09× | ||
| Q3 24 | 1.34× | -0.20× | ||
| Q2 24 | -1.93× | 2.74× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AVAV
| Services | $130.2M | 28% |
| Cost Plus | $95.8M | 20% |
| Uncrewed Aircraft Systems | $89.8M | 19% |
| Space And Directed Energy | $53.2M | 11% |
| Non U.s.Government | $42.2M | 9% |
| TM | $31.9M | 7% |
| Other | $30.7M | 7% |
HZO
| Retail Operations | $525.3M | 100% |
| Product Manufacturing | $23.7M | 4% |
