AeroVironment Inc., listed on NASDAQ as $AVAV, reported its fiscal 2025 second-quarter earnings, which disappointed investors. The company's adjusted earnings per share (EPS) came in at $0.47, missing analyst estimates by -31.0%. Despite the earnings miss, AeroVironment's revenue was $188.46 million, and it achieved a record funded backlog of $467.10 million, a 25% increase quarter-over-quarter, largely driven by a 157% year-over-year growth in its Loitering Munition Systems. The company's net income was $7.54 million. The stock price dropped by -7.3% post-market, closing at $182.50, and further declined by -11.7% in pre-market trading.