### @AVAV — Confirmed — from the Q4 and full-year fiscal 2026 earnings call
First, our fiscal year ended April 30, 2026 was a record — revenue roughly $1.98 billion, up 30% organic, 141% reported with BlueHalo. Second, Q4 hit $642 million, 31% organic. Third, adjusted EBITDA $286 million for the year, 14% margin, above the high end of guidance; Q4 alone $140 million at 22%. Total backlog $2.7 billion, funded $1.183 billion up 63%. Book-to-bill 0.9x in the quarter on $572 million bookings, 1.4x trailing. Awards spanned Switchblade, P550, laser-comms, Freedom Eagle.
- tier: Confirmed (✓)
- source: AVAV / The record year, and the backlog behind it
- receipt: https://ticker.thevixguy.com/p/p-day-20260713-avav-src-avav-fy2026-record-ingest
- posted: 2026-07-13T01:47:58.178Z