AA7475 aluminum alloy is used as a structural material in aerospace and automobile applications where complex loading conditions are applicable. The material properties under multi-axial loading are recommended for efficient component design. Hence, the mechanical behaviour of AA7475-T761 aluminium alloy was investigated through planar biaxial tensile tests. The yield locus evolution and plastic strain direction were measured at higher plastic strain values (up to 7 %) at various load ratios. The yield loci were constructed and compared with existing yield criteria. Yld2000–2d yield criterion demonstrated accurate predictions with a deviation of approximately 1 %, highlighting its effectiveness in capturing the yield behavior of AA7475. Microstructure analysis using Electron Backscatter Diffraction (EBSD) was conducted to understand the misorientation evolution under the multi-axial loading. Bulk-texture analysis was performed using X-ray diffraction method. Texture analysis revealed that uniaxial deformation favoured the development of Cube and Inverse-Copper textures, while biaxial deformation yielded split Inverse-Goss texture formation. Fractography study shows very different fracture surfaces of biaxial samples compared to uniaxial samples. Overall, this study contributes to a comprehensive understanding of the yield behavior, microstructure, and texture evolution of AA7475-T761 aluminium alloy under different loading conditions at very large strains.