AVAV's earnings triggers sector-wide rally in drone stocks. Ondas, Unusual Machines, Kratos, Draganfly, Red Cat and AIRO also see gains.

AeroVironment heads into its Q4 report with a record backlog, bruised sentiment and the stock trading near 52-week lows.

AeroVironment Inc (NASDAQ:AVAV) reports financial results for the fourth quarter of fiscal 2026 after the market close on Monday.