AeroVironment Inc Annual Research and Development Expense in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
AeroVironment Inc quarterly/annual Research and Development Expense history and growth rate from 2009 to 2023.
  • AeroVironment Inc Research and Development Expense for the quarter ending October 26, 2024 was $28.7M, a 30.4% increase year-over-year.
  • AeroVironment Inc Research and Development Expense for the twelve months ending October 26, 2024 was $114M, a 61.9% increase year-over-year.
  • AeroVironment Inc annual Research and Development Expense for 2023 was $97.7M, a 52% increase from 2022.
  • AeroVironment Inc annual Research and Development Expense for 2022 was $64.3M, a 17.5% increase from 2021.
  • AeroVironment Inc annual Research and Development Expense for 2021 was $54.7M, a 1.72% increase from 2020.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $97.7M +$33.4M +52% May 1, 2023 Apr 30, 2024 10-K 2024-06-27
2022 $64.3M +$9.57M +17.5% May 1, 2022 Apr 30, 2023 10-K 2024-06-27
2021 $54.7M +$925K +1.72% May 1, 2021 Apr 30, 2022 10-K 2024-06-27
2020 $53.8M +$7.29M +15.7% May 1, 2020 Apr 30, 2021 10-K 2023-06-28
2019 $46.5M +$12.2M +35.8% May 1, 2019 Apr 30, 2020 10-K 2022-06-29
2018 $34.2M +$7.8M +29.5% May 1, 2018 Apr 30, 2019 10-K 2021-06-29
2017 $26.4M -$2.03M -7.14% May 1, 2017 Apr 30, 2018 10-K 2020-06-24
2016 $28.5M -$6.58M -18.8% May 1, 2016 Apr 30, 2017 10-K 2019-06-26
2015 $35M -$11.5M -24.6% May 1, 2015 Apr 30, 2016 10-K 2018-06-27
2014 $46.5M +$21M +82.2% May 1, 2014 Apr 30, 2015 10-K 2017-06-28
2013 $25.5M -$11.7M -31.4% May 1, 2013 Apr 30, 2014 10-K 2016-06-29
2012 $37.2M +$6.24M +20.1% May 1, 2012 Apr 30, 2013 10-K 2015-07-01
2011 $31M -$4.79M -13.4% May 1, 2011 Apr 30, 2012 10-K 2014-07-09
2010 $35.8M +$11.3M +45.9% May 1, 2010 Apr 30, 2011 10-K 2013-06-26
2009 $24.5M May 1, 2009 Apr 30, 2010 10-K 2012-06-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.