vs
Side-by-side financial comparison of AeroVironment Inc (AVAV) and SOLAREDGE TECHNOLOGIES, INC. (SEDG). Click either name above to swap in a different company.
AeroVironment Inc is the larger business by last-quarter revenue ($472.5M vs $335.4M, roughly 1.4× SOLAREDGE TECHNOLOGIES, INC.). AeroVironment Inc runs the higher net margin — -3.6% vs -39.4%, a 35.8% gap on every dollar of revenue. On growth, AeroVironment Inc posted the faster year-over-year revenue change (181.9% vs 70.9%). SOLAREDGE TECHNOLOGIES, INC. produced more free cash flow last quarter ($43.3M vs $-55.9M). Over the past eight quarters, AeroVironment Inc's revenue compounded faster (59.1% CAGR vs 28.1%).
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...
SolarEdge Technologies, Inc. is an Israeli company that developed a DC optimized inverter system.
AVAV vs SEDG — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $472.5M | $335.4M |
| Net Profit | $-17.1M | $-132.1M |
| Gross Margin | 22.0% | 22.2% |
| Operating Margin | -6.4% | -14.4% |
| Net Margin | -3.6% | -39.4% |
| Revenue YoY | 181.9% | 70.9% |
| Net Profit YoY | -875.1% | 54.0% |
| EPS (diluted) | $-0.34 | $-2.21 |
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 | $335.4M | ||
| Q3 25 | $454.7M | $340.2M | ||
| Q2 25 | $275.1M | $289.4M | ||
| Q1 25 | $167.6M | $219.5M | ||
| Q4 24 | $188.5M | $196.2M | ||
| Q3 24 | $189.5M | $235.4M | ||
| Q2 24 | $197.0M | $265.4M | ||
| Q1 24 | $186.6M | $204.4M |
| Q4 25 | $-17.1M | $-132.1M | ||
| Q3 25 | $-67.4M | $-50.1M | ||
| Q2 25 | $16.7M | $-124.7M | ||
| Q1 25 | $-1.8M | $-98.5M | ||
| Q4 24 | $7.5M | $-287.4M | ||
| Q3 24 | $21.2M | $-1.2B | ||
| Q2 24 | $6.0M | $-130.8M | ||
| Q1 24 | $13.9M | $-157.3M |
| Q4 25 | 22.0% | 22.2% | ||
| Q3 25 | 20.9% | 21.2% | ||
| Q2 25 | 36.5% | 11.1% | ||
| Q1 25 | 37.7% | 8.0% | ||
| Q4 24 | 39.1% | -57.2% | ||
| Q3 24 | 43.0% | -309.1% | ||
| Q2 24 | 38.4% | -4.1% | ||
| Q1 24 | 36.1% | -12.8% |
| Q4 25 | -6.4% | -14.4% | ||
| Q3 25 | -15.2% | -10.3% | ||
| Q2 25 | 5.0% | -39.9% | ||
| Q1 25 | -1.8% | -46.8% | ||
| Q4 24 | 3.7% | -134.4% | ||
| Q3 24 | 12.2% | -471.8% | ||
| Q2 24 | 3.0% | -60.4% | ||
| Q1 24 | 7.7% | -85.0% |
| Q4 25 | -3.6% | -39.4% | ||
| Q3 25 | -14.8% | -14.7% | ||
| Q2 25 | 6.1% | -43.1% | ||
| Q1 25 | -1.0% | -44.9% | ||
| Q4 24 | 4.0% | -146.5% | ||
| Q3 24 | 11.2% | -522.8% | ||
| Q2 24 | 3.1% | -49.3% | ||
| Q1 24 | 7.4% | -77.0% |
| Q4 25 | $-0.34 | $-2.21 | ||
| Q3 25 | $-1.44 | $-0.84 | ||
| Q2 25 | $0.59 | $-2.13 | ||
| Q1 25 | $-0.06 | $-1.70 | ||
| Q4 24 | $0.27 | $-5.00 | ||
| Q3 24 | $0.75 | $-21.58 | ||
| Q2 24 | $0.18 | $-2.31 | ||
| Q1 24 | $0.50 | $-2.75 |
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 | $493.2M |
| Total DebtLower is stronger | $747.5M | — |
| Stockholders' EquityBook value | $4.4B | $427.5M |
| Total Assets | $5.6B | $2.2B |
| Debt / EquityLower = less leverage | 0.17× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $588.5M | $493.2M | ||
| Q3 25 | $685.8M | $498.6M | ||
| Q2 25 | $40.9M | $758.0M | ||
| Q1 25 | $47.0M | $651.6M | ||
| Q4 24 | $69.0M | $585.9M | ||
| Q3 24 | $81.2M | $678.8M | ||
| Q2 24 | $73.3M | $689.8M | ||
| Q1 24 | $107.7M | $680.6M |
| 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 | $427.5M | ||
| Q3 25 | $4.4B | $479.8M | ||
| Q2 25 | $886.5M | $513.2M | ||
| Q1 25 | $861.1M | $594.2M | ||
| Q4 24 | $858.4M | $658.3M | ||
| Q3 24 | $845.5M | $930.9M | ||
| Q2 24 | $822.7M | $2.1B | ||
| Q1 24 | $813.0M | $2.2B |
| Q4 25 | $5.6B | $2.2B | ||
| Q3 25 | $5.6B | $2.2B | ||
| Q2 25 | $1.1B | $2.5B | ||
| Q1 25 | $1.0B | $2.5B | ||
| Q4 24 | $1.0B | $2.6B | ||
| Q3 24 | $999.2M | $2.8B | ||
| Q2 24 | $1.0B | $3.9B | ||
| Q1 24 | $980.3M | $4.2B |
| 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 | $52.6M |
| Free Cash FlowOCF − Capex | $-55.9M | $43.3M |
| FCF MarginFCF / Revenue | -11.8% | 12.9% |
| Capex IntensityCapex / Revenue | 2.3% | 2.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-240.7M | $80.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-45.1M | $52.6M | ||
| Q3 25 | $-123.7M | $25.6M | ||
| Q2 25 | $-264.0K | $-7.8M | ||
| Q1 25 | $-25.8M | $33.8M | ||
| Q4 24 | $-3.6M | $37.8M | ||
| Q3 24 | $28.4M | $-89.3M | ||
| Q2 24 | $-11.7M | $-44.8M | ||
| Q1 24 | $52.6M | $-217.0M |
| Q4 25 | $-55.9M | $43.3M | ||
| Q3 25 | $-146.5M | $22.8M | ||
| Q2 25 | $-8.8M | $-9.1M | ||
| Q1 25 | $-29.6M | $23.7M | ||
| Q4 24 | $-8.7M | $25.5M | ||
| Q3 24 | $22.9M | $-136.7M | ||
| Q2 24 | $-20.8M | $-67.0M | ||
| Q1 24 | $48.8M | $-243.4M |
| Q4 25 | -11.8% | 12.9% | ||
| Q3 25 | -32.2% | 6.7% | ||
| Q2 25 | -3.2% | -3.1% | ||
| Q1 25 | -17.7% | 10.8% | ||
| Q4 24 | -4.6% | 13.0% | ||
| Q3 24 | 12.1% | -58.1% | ||
| Q2 24 | -10.5% | -25.2% | ||
| Q1 24 | 26.1% | -119.1% |
| Q4 25 | 2.3% | 2.8% | ||
| Q3 25 | 5.0% | 0.8% | ||
| Q2 25 | 3.1% | 0.4% | ||
| Q1 25 | 2.3% | 4.6% | ||
| Q4 24 | 2.7% | 6.2% | ||
| Q3 24 | 2.9% | 20.1% | ||
| Q2 24 | 4.6% | 8.4% | ||
| Q1 24 | 2.0% | 12.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.48× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | -1.93× | — | ||
| Q1 24 | 3.79× | — |
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% |
SEDG
| Other | $197.7M | 59% |
| Europe Except Netherlands | $99.4M | 30% |
| Others | $38.2M | 11% |
