AAR Corp. Income Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Revenue	2,968	2,781	2,319	1,991	1,820	1,652
Revenue Growth (YoY)	15.40%	19.91%	16.50%	9.37%	10.15%	-20.26%
Cost of Revenue	2,942	4,506	3,753	3,241	3,014	2,944
Gross Profit	572.5	527.7	442.3	370.1	313.2	-1,291
Selling, General & Admin	298.6	347.7	312.2	230.4	202.2	182.4
Other Operating Expenses	-2.1	-5.2	0.9	5.8	4.1	8.3
Total Operating Expenses	296.5	342.5	313.1	236.2	206.3	190.7
Operating Income	276	185.2	129.2	133.9	106.9	85.2
Interest Income	1.6	1.8	2.2	1	0.1	0.2
Interest Expense	-93.6	-75.4	-43.2	-12.2	-2.4	-5
Other Non-Operating Income (Expense)	-70.8	-72.7	-29.9	-1.5	0.5	-15.9
Total Non-Operating Income (Expense)	-162.8	-146.3	-70.9	-12.7	-1.8	-20.7
Pretax Income	131.6	38.9	58.3	121.2	105.1	64.5
Provision for Income Taxes	37.5	26.4	12	31.4	26.6	18.2
Net Income	94.1	12.5	46.3	90.2	78.7	35.8
Earnings From Discontinued Operations	-	-	-	0.4	0.2	-10.5
Net Income to Common	94.1	12.5	46.3	90.2	78.7	35.8
Net Income Growth	796.19%	-73.00%	-48.67%	14.61%	119.83%	713.64%
Shares Outstanding (Basic)	36	36	35	35	36	35
Shares Outstanding (Diluted)	36	36	35	35	36	35
Shares Change (YoY)	2.55%	1.13%	0.85%	-2.50%	1.98%	0.86%
EPS (Basic)	2.57	0.35	1.30	2.56	2.20	1.01
EPS (Diluted)	2.57	0.35	1.29	2.53	2.17	1.00
EPS Growth	817.86%	-72.87%	-49.01%	16.59%	117.00%	669.23%
Free Cash Flow	16.8	1.4	13.9	-6.2	57.9	93.9
Free Cash Flow Growth	1100.00%	-89.93%	-	-	-38.34%	-
Free Cash Flow Per Share	0.46	0.04	0.39	-0.18	1.61	2.66
Gross Margin	19.29%	18.98%	19.07%	18.59%	17.21%	-78.16%
Operating Margin	9.30%	6.66%	5.57%	6.73%	5.87%	5.16%
Profit Margin	3.17%	0.45%	2.00%	4.51%	4.31%	2.80%
FCF Margin	0.57%	0.05%	0.60%	-0.31%	3.18%	5.68%
EBITDA	333.3	240.4	169.4	161.1	140	121.5
EBITDA Margin	11.23%	8.65%	7.31%	8.09%	7.69%	7.35%
EBIT	276	185.2	129.2	133.9	106.9	85.2
EBIT Margin	9.30%	6.66%	5.57%	6.73%	5.87%	5.16%
Effective Tax Rate	28.50%	67.87%	20.58%	25.91%	25.31%	28.22%

Updated Jan 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q