TAT Technologies Ltd. (TATT) Reports Q3 Earnings and Revenues Below Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
0mins
Should l Buy AVAV?
Source: NASDAQ.COM
Earnings Performance: TAT Technologies Ltd. reported quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.40, and showing a year-over-year increase from $0.26 per share. The company has only surpassed consensus EPS estimates once in the last four quarters.
Revenue Results: The company posted revenues of $46.24 million for the quarter, slightly below the Zacks Consensus Estimate, and an increase from $40.46 million a year ago. TAT Technologies has not beaten consensus revenue estimates in the last four quarters.
Stock Outlook: Despite a 53.2% increase in shares since the beginning of the year, the stock holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market. Future stock movements will depend on management's commentary and earnings estimate revisions.
Industry Context: The Aerospace - Defense Equipment industry is currently ranked in the bottom 30% of Zacks industries, which may impact TAT Technologies' performance. Comparatively, AeroVironment is expected to report significant earnings growth in its upcoming quarter.
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Analyst Views on AVAV
Wall Street analysts forecast AVAV stock price to rise
13 Analyst Rating
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 227.290
Low
315.00
Averages
390.75
High
450.00
Current: 227.290
Low
315.00
Averages
390.75
High
450.00
About AVAV
AeroVironment, Inc. is a defense technology provider delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities. The Company’s segments include Autonomous Systems (AxS) and Space, Cyber, and Directed Energy (SCDE). The AxS segment focuses on the design, development, production, delivery, and support of intelligent, multi-domain robotic systems, including uncrewed aircraft systems (UAS) and ground robot systems. It includes the Company’s former Uncrewed Systems, Loitering Munitions Systems, and MacCready Works segments as well as Radio Frequency and Kinetic Counter-UAS Electronic Warfare Systems and others. The SCDE segment focuses on advanced technologies in the space domain providing space-based and ground-based platforms, cyber capabilities, and directed energy systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AeroVironment Reports Missed Earnings and Revenue, Shares Drop 9%
- Disappointing Earnings: AeroVironment reported first-quarter revenue of $408 million, missing Wall Street's expectation of $476 million, with adjusted earnings of $0.64 per share falling short of the $0.69 estimate, indicating significant market pressures on the company.
- Widening Operating Loss: The company posted an operating loss of $179 million for the third quarter, a stark increase from a loss of $3.1 million a year earlier, primarily due to a $151.3 million goodwill impairment in its space division, highlighting increased execution risks.
- Record Backlog Growth: As of January 31, AeroVironment's funded backlog reached a record $1.1 billion, up from $726.6 million at the end of April, demonstrating strong market demand despite the downward revision of future revenue expectations.
- Revised Outlook: The company lowered its fiscal 2026 revenue forecast to between $1.85 billion and $1.95 billion, down from the previous range of $1.95 billion to $2.0 billion, while anticipating a net loss of $218 million to $201 million, reflecting concerns over future profitability.
See More
AeroVironment Q3 2026 Earnings Call Insights
- Performance Miss: AeroVironment reported Q3 revenue of $408 million, a 143% year-over-year increase, yet fell short of expectations due to government funding delays and the termination of the SCAR contract, leading to a slight downward revision of annual forecasts, indicating short-term financial pressure.
- Order Flow and Backlog: The company currently holds a funded backlog of $1.1 billion, and despite facing near-term challenges, management remains confident in achieving record revenue in Q4, reflecting long-term growth potential.
- Manufacturing Capacity Expansion: AeroVironment's new manufacturing facility in Salt Lake City, Utah, is expected to be operational within a year, with the potential to produce over $2 billion worth of products annually, significantly enhancing the company's production capabilities and market competitiveness.
- Revised Financial Guidance: The updated fiscal 2026 guidance indicates expected revenue between $1.85 billion and $1.95 billion, with adjusted EBITDA projected at $265 million to $285 million, demonstrating the company's ability to maintain growth expectations despite ongoing challenges.
See More
AeroVironment Reports Strong Q3 Performance with Record Backlog
- Significant Revenue Growth: AeroVironment reported $408 million in revenue for Q3, a 143% year-over-year increase, indicating strong performance in high-growth markets that is expected to drive future profitability and market share.
- Expanded Funded Backlog: The company's funded backlog grew to $1.1 billion, with year-to-date total awards reaching $4.6 billion, demonstrating robust order inflow and enhancing revenue predictability for the upcoming quarters.
- Improved Adjusted EBITDA: Adjusted EBITDA for Q3 was $44 million, doubling from $22 million in the prior year, with an EBITDA margin of 11%, reflecting improvements in cost control and operational efficiency.
- Optimistic Outlook: The company adjusted its revenue guidance for fiscal 2026 to between $1.85 billion and $1.95 billion, with projected non-GAAP EPS between $2.75 and $3.10, showcasing confidence in future growth despite facing some short-term challenges.
See More
AVAV Reports $156.6 Million Net Loss in Q3 Fiscal 2026
- Poor Financial Performance: AVAV reported a net loss of $156.6 million for Q3 of fiscal 2026, translating to a diluted loss of $3.15 per share, which is a significant increase from a loss of $1.8 million in the same period last year, indicating mounting financial pressure and declining market confidence.
- Revenue Misses Expectations: The company generated $408 million in revenue for the third quarter, falling short of analyst expectations of $475.65 million, although this represents a 143% increase from $167.6 million in Q3 of fiscal 2025, highlighting strong growth in product and service sales but failing to meet market forecasts.
- Business Adjustments Impact: The CEO noted that revenue timing and adjustments in the Space business negatively impacted third-quarter results, particularly due to the U.S. Space Force's decision to reopen competition for the Satellite Communications Augmentation Resource program, significantly affecting the company's backlog.
- Gross Margin Improvement: Despite the losses, AVAV's gross margin reached $98.8 million in Q3, a 56% increase from $63.2 million in the same quarter last year, indicating enhanced profitability in both product and service segments, potentially laying the groundwork for future financial recovery.
See More
AeroVironment Q4 Preview: $1.4B Problem
- Earnings Preview Miss: AeroVironment's projected non-GAAP EPS of $0.64 for Q4 falls short by $0.05, indicating significant pressure on profitability that could undermine investor confidence.
- Revenue Shortfall: The anticipated revenue of $408.05 million is $67.6 million below analyst expectations, which may adversely affect the company's liquidity and future investment plans.
- Negative Market Reaction: The disappointing earnings forecast could lead to downward pressure on AeroVironment's stock price, prompting investors to closely monitor how the company addresses its current financial challenges to restore market confidence.
- Uncertain Industry Outlook: Despite the substantial potential in the drone and laser technology markets, AeroVironment's performance does not reflect this growth trend, suggesting a need for a reassessment of its market strategy to adapt to industry changes.
See More
AeroVironment Q3 Earnings Miss Expectations
- Earnings Miss: AeroVironment reported a Q3 non-GAAP EPS of $0.64, missing expectations by $0.05, indicating pressure on profitability that could undermine investor confidence.
- Revenue Growth Below Expectations: The company achieved revenue of $408.05 million in Q3, a 143.5% year-over-year increase, yet fell short of market expectations by $67.6 million, reflecting challenges from intensified market competition and demand fluctuations.
- Fiscal 2026 Outlook Downgraded: AeroVironment now anticipates fiscal year 2026 revenue between $1.85 billion and $1.95 billion, below the consensus of $1.96 billion, signaling a cautious outlook on future growth.
- Increased Net Loss Projections: The company expects a net loss between $218 million and $201 million, with diluted loss per share projected between $4.44 and $4.10, highlighting the financial pressures faced during its expansion efforts.
See More
AeroVironment Reports Missed Earnings and Revenue, Shares Drop 9%
- Disappointing Earnings: AeroVironment reported first-quarter revenue of $408 million, missing Wall Street's expectation of $476 million, with adjusted earnings of $0.64 per share falling short of the $0.69 estimate, indicating significant market pressures on the company.
- Widening Operating Loss: The company posted an operating loss of $179 million for the third quarter, a stark increase from a loss of $3.1 million a year earlier, primarily due to a $151.3 million goodwill impairment in its space division, highlighting increased execution risks.
- Record Backlog Growth: As of January 31, AeroVironment's funded backlog reached a record $1.1 billion, up from $726.6 million at the end of April, demonstrating strong market demand despite the downward revision of future revenue expectations.
- Revised Outlook: The company lowered its fiscal 2026 revenue forecast to between $1.85 billion and $1.95 billion, down from the previous range of $1.95 billion to $2.0 billion, while anticipating a net loss of $218 million to $201 million, reflecting concerns over future profitability.
See More
AeroVironment Q3 2026 Earnings Call Insights
- Performance Miss: AeroVironment reported Q3 revenue of $408 million, a 143% year-over-year increase, yet fell short of expectations due to government funding delays and the termination of the SCAR contract, leading to a slight downward revision of annual forecasts, indicating short-term financial pressure.
- Order Flow and Backlog: The company currently holds a funded backlog of $1.1 billion, and despite facing near-term challenges, management remains confident in achieving record revenue in Q4, reflecting long-term growth potential.
- Manufacturing Capacity Expansion: AeroVironment's new manufacturing facility in Salt Lake City, Utah, is expected to be operational within a year, with the potential to produce over $2 billion worth of products annually, significantly enhancing the company's production capabilities and market competitiveness.
- Revised Financial Guidance: The updated fiscal 2026 guidance indicates expected revenue between $1.85 billion and $1.95 billion, with adjusted EBITDA projected at $265 million to $285 million, demonstrating the company's ability to maintain growth expectations despite ongoing challenges.
See More
AeroVironment Reports Strong Q3 Performance with Record Backlog
- Significant Revenue Growth: AeroVironment reported $408 million in revenue for Q3, a 143% year-over-year increase, indicating strong performance in high-growth markets that is expected to drive future profitability and market share.
- Expanded Funded Backlog: The company's funded backlog grew to $1.1 billion, with year-to-date total awards reaching $4.6 billion, demonstrating robust order inflow and enhancing revenue predictability for the upcoming quarters.
- Improved Adjusted EBITDA: Adjusted EBITDA for Q3 was $44 million, doubling from $22 million in the prior year, with an EBITDA margin of 11%, reflecting improvements in cost control and operational efficiency.
- Optimistic Outlook: The company adjusted its revenue guidance for fiscal 2026 to between $1.85 billion and $1.95 billion, with projected non-GAAP EPS between $2.75 and $3.10, showcasing confidence in future growth despite facing some short-term challenges.
See More
AVAV Reports $156.6 Million Net Loss in Q3 Fiscal 2026
- Poor Financial Performance: AVAV reported a net loss of $156.6 million for Q3 of fiscal 2026, translating to a diluted loss of $3.15 per share, which is a significant increase from a loss of $1.8 million in the same period last year, indicating mounting financial pressure and declining market confidence.
- Revenue Misses Expectations: The company generated $408 million in revenue for the third quarter, falling short of analyst expectations of $475.65 million, although this represents a 143% increase from $167.6 million in Q3 of fiscal 2025, highlighting strong growth in product and service sales but failing to meet market forecasts.
- Business Adjustments Impact: The CEO noted that revenue timing and adjustments in the Space business negatively impacted third-quarter results, particularly due to the U.S. Space Force's decision to reopen competition for the Satellite Communications Augmentation Resource program, significantly affecting the company's backlog.
- Gross Margin Improvement: Despite the losses, AVAV's gross margin reached $98.8 million in Q3, a 56% increase from $63.2 million in the same quarter last year, indicating enhanced profitability in both product and service segments, potentially laying the groundwork for future financial recovery.
See More
AeroVironment Q4 Preview: $1.4B Problem
- Earnings Preview Miss: AeroVironment's projected non-GAAP EPS of $0.64 for Q4 falls short by $0.05, indicating significant pressure on profitability that could undermine investor confidence.
- Revenue Shortfall: The anticipated revenue of $408.05 million is $67.6 million below analyst expectations, which may adversely affect the company's liquidity and future investment plans.
- Negative Market Reaction: The disappointing earnings forecast could lead to downward pressure on AeroVironment's stock price, prompting investors to closely monitor how the company addresses its current financial challenges to restore market confidence.
- Uncertain Industry Outlook: Despite the substantial potential in the drone and laser technology markets, AeroVironment's performance does not reflect this growth trend, suggesting a need for a reassessment of its market strategy to adapt to industry changes.
See More
AeroVironment Q3 Earnings Miss Expectations
- Earnings Miss: AeroVironment reported a Q3 non-GAAP EPS of $0.64, missing expectations by $0.05, indicating pressure on profitability that could undermine investor confidence.
- Revenue Growth Below Expectations: The company achieved revenue of $408.05 million in Q3, a 143.5% year-over-year increase, yet fell short of market expectations by $67.6 million, reflecting challenges from intensified market competition and demand fluctuations.
- Fiscal 2026 Outlook Downgraded: AeroVironment now anticipates fiscal year 2026 revenue between $1.85 billion and $1.95 billion, below the consensus of $1.96 billion, signaling a cautious outlook on future growth.
- Increased Net Loss Projections: The company expects a net loss between $218 million and $201 million, with diluted loss per share projected between $4.44 and $4.10, highlighting the financial pressures faced during its expansion efforts.
See More
