This paper presents the theoretical and finite element formulations of piezoelectric composite shells of revolution filled with compressible fluid. The originality of this work lies (i) in the development of a variational formulation for the fully coupled fluid/piezoelectric structure system, and (ii) in the finite element implementation of an inexpensive and accurate axisymmetric adaptive laminated conical shell element. Various modal results are presented in order to validate and illustrate the efficiency of the proposed fluid–structure finite element formulation.