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Side-by-side financial comparison of AeroVironment Inc (AVAV) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
AeroVironment Inc is the larger business by last-quarter revenue ($472.5M vs $308.1M, roughly 1.5× Grand Canyon Education, Inc.). Grand Canyon Education, Inc. runs the higher net margin — 28.1% vs -3.6%, a 31.8% gap on every dollar of revenue. On growth, AeroVironment Inc posted the faster year-over-year revenue change (181.9% vs 5.3%). Grand Canyon Education, Inc. produced more free cash flow last quarter ($122.9M vs $-55.9M). Over the past eight quarters, AeroVironment Inc's revenue compounded faster (59.1% CAGR vs 5.9%).
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...
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
AVAV vs LOPE — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $472.5M | $308.1M |
| Net Profit | $-17.1M | $86.7M |
| Gross Margin | 22.0% | — |
| Operating Margin | -6.4% | 35.1% |
| Net Margin | -3.6% | 28.1% |
| Revenue YoY | 181.9% | 5.3% |
| Net Profit YoY | -875.1% | 5.9% |
| EPS (diluted) | $-0.34 | $3.13 |
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.
| Q4 25 | $472.5M | $308.1M | ||
| Q3 25 | $454.7M | $261.1M | ||
| Q2 25 | $275.1M | $247.5M | ||
| Q1 25 | $167.6M | $289.3M | ||
| Q4 24 | $188.5M | $292.6M | ||
| Q3 24 | $189.5M | $238.3M | ||
| Q2 24 | $197.0M | $227.5M | ||
| Q1 24 | $186.6M | $274.7M |
| Q4 25 | $-17.1M | $86.7M | ||
| Q3 25 | $-67.4M | $16.3M | ||
| Q2 25 | $16.7M | $41.5M | ||
| Q1 25 | $-1.8M | $71.6M | ||
| Q4 24 | $7.5M | $81.9M | ||
| Q3 24 | $21.2M | $41.5M | ||
| Q2 24 | $6.0M | $34.9M | ||
| Q1 24 | $13.9M | $68.0M |
| 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% | — | ||
| Q1 24 | 36.1% | — |
| Q4 25 | -6.4% | 35.1% | ||
| Q3 25 | -15.2% | 6.9% | ||
| Q2 25 | 5.0% | 20.9% | ||
| Q1 25 | -1.8% | 30.4% | ||
| Q4 24 | 3.7% | 34.2% | ||
| Q3 24 | 12.2% | 20.2% | ||
| Q2 24 | 3.0% | 18.8% | ||
| Q1 24 | 7.7% | 30.8% |
| Q4 25 | -3.6% | 28.1% | ||
| Q3 25 | -14.8% | 6.2% | ||
| Q2 25 | 6.1% | 16.8% | ||
| Q1 25 | -1.0% | 24.8% | ||
| Q4 24 | 4.0% | 28.0% | ||
| Q3 24 | 11.2% | 17.4% | ||
| Q2 24 | 3.1% | 15.3% | ||
| Q1 24 | 7.4% | 24.8% |
| Q4 25 | $-0.34 | $3.13 | ||
| Q3 25 | $-1.44 | $0.58 | ||
| Q2 25 | $0.59 | $1.48 | ||
| Q1 25 | $-0.06 | $2.52 | ||
| Q4 24 | $0.27 | $2.83 | ||
| Q3 24 | $0.75 | $1.42 | ||
| Q2 24 | $0.18 | $1.19 | ||
| Q1 24 | $0.50 | $2.29 |
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 | $111.8M |
| Total DebtLower is stronger | $747.5M | — |
| Stockholders' EquityBook value | $4.4B | $746.9M |
| Total Assets | $5.6B | $992.3M |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $588.5M | $111.8M | ||
| Q3 25 | $685.8M | $97.3M | ||
| Q2 25 | $40.9M | $192.3M | ||
| Q1 25 | $47.0M | $144.5M | ||
| Q4 24 | $69.0M | $324.6M | ||
| Q3 24 | $81.2M | $263.6M | ||
| Q2 24 | $73.3M | $241.3M | ||
| Q1 24 | $107.7M | $196.2M |
| Q4 25 | $747.5M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $25.0M | — | ||
| Q4 24 | $15.0M | — | ||
| Q3 24 | $17.5M | — | ||
| Q2 24 | $28.0M | — | ||
| Q1 24 | $40.0M | — |
| Q4 25 | $4.4B | $746.9M | ||
| Q3 25 | $4.4B | $758.0M | ||
| Q2 25 | $886.5M | $778.0M | ||
| Q1 25 | $861.1M | $780.7M | ||
| Q4 24 | $858.4M | $783.9M | ||
| Q3 24 | $845.5M | $764.1M | ||
| Q2 24 | $822.7M | $759.2M | ||
| Q1 24 | $813.0M | $759.4M |
| Q4 25 | $5.6B | $992.3M | ||
| Q3 25 | $5.6B | $1.0B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $999.2M | $992.9M | ||
| Q2 24 | $1.0B | $992.7M | ||
| Q1 24 | $980.3M | $1.0B |
| Q4 25 | 0.17× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.02× | — | ||
| Q3 24 | 0.02× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.05× | — |
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 | $130.5M |
| Free Cash FlowOCF − Capex | $-55.9M | $122.9M |
| FCF MarginFCF / Revenue | -11.8% | 39.9% |
| Capex IntensityCapex / Revenue | 2.3% | 2.5% |
| Cash ConversionOCF / Net Profit | — | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | $-240.7M | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-45.1M | $130.5M | ||
| Q3 25 | $-123.7M | $-48.6M | ||
| Q2 25 | $-264.0K | $124.0M | ||
| Q1 25 | $-25.8M | $67.6M | ||
| Q4 24 | $-3.6M | $135.8M | ||
| Q3 24 | $28.4M | $-29.4M | ||
| Q2 24 | $-11.7M | $98.6M | ||
| Q1 24 | $52.6M | $85.0M |
| Q4 25 | $-55.9M | $122.9M | ||
| Q3 25 | $-146.5M | $-58.3M | ||
| Q2 25 | $-8.8M | $115.4M | ||
| Q1 25 | $-29.6M | $58.7M | ||
| Q4 24 | $-8.7M | $126.1M | ||
| Q3 24 | $22.9M | $-39.0M | ||
| Q2 24 | $-20.8M | $89.6M | ||
| Q1 24 | $48.8M | $76.0M |
| Q4 25 | -11.8% | 39.9% | ||
| Q3 25 | -32.2% | -22.3% | ||
| Q2 25 | -3.2% | 46.6% | ||
| Q1 25 | -17.7% | 20.3% | ||
| Q4 24 | -4.6% | 43.1% | ||
| Q3 24 | 12.1% | -16.3% | ||
| Q2 24 | -10.5% | 39.4% | ||
| Q1 24 | 26.1% | 27.7% |
| Q4 25 | 2.3% | 2.5% | ||
| Q3 25 | 5.0% | 3.7% | ||
| Q2 25 | 3.1% | 3.5% | ||
| Q1 25 | 2.3% | 3.1% | ||
| Q4 24 | 2.7% | 3.3% | ||
| Q3 24 | 2.9% | 4.0% | ||
| Q2 24 | 4.6% | 3.9% | ||
| Q1 24 | 2.0% | 3.3% |
| Q4 25 | — | 1.50× | ||
| Q3 25 | — | -2.99× | ||
| Q2 25 | -0.02× | 2.98× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | -0.48× | 1.66× | ||
| Q3 24 | 1.34× | -0.71× | ||
| Q2 24 | -1.93× | 2.83× | ||
| Q1 24 | 3.79× | 1.25× |
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% |
LOPE
Segment breakdown not available.
