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	Feb '26 Feb 28, 2026	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	3,135	2,781	2,319	1,991	1,820	1,652
Revenue Growth (YoY)	16.85%	19.91%	16.50%	9.37%	10.15%	-20.26%
Cost of Revenue	2,539	4,506	3,753	3,241	3,014	2,944
Gross Profit	595.5	527.7	442.3	370.1	313.2	-1,291
Selling, General & Admin	327.1	347.7	312.2	230.4	202.2	182.4
Other Operating Expenses	-2.3	-5.2	0.9	5.8	4.1	8.3
Total Operating Expenses	324.8	342.5	313.1	236.2	206.3	190.7
Operating Income	270.7	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	-92.6	-75.4	-43.2	-12.2	-2.4	-5
Other Non-Operating Income (Expense)	37.7	-72.7	-29.9	-1.5	0.5	-15.9
Total Non-Operating Income (Expense)	-53.3	-146.3	-70.9	-12.7	-1.8	-20.7
Pretax Income	235.8	38.9	58.3	121.2	105.1	64.5
Provision for Income Taxes	64.8	26.4	12	31.4	26.6	18.2
Net Income	171	12.5	46.3	90.2	78.7	35.8
Earnings From Discontinued Operations	-	-	-	0.4	0.2	-10.5
Net Income to Common	171	12.5	46.3	90.2	78.7	35.8
Net Income Growth	-	-73.00%	-48.67%	14.61%	119.83%	713.64%
Shares Outstanding (Basic)	37	36	35	35	36	35
Shares Outstanding (Diluted)	37	36	35	35	36	35
Shares Change (YoY)	5.30%	1.13%	0.85%	-2.50%	1.98%	0.86%
EPS (Basic)	4.54	0.35	1.30	2.56	2.20	1.01
EPS (Diluted)	4.53	0.35	1.29	2.53	2.17	1.00
EPS Growth	-	-72.87%	-49.01%	16.59%	117.00%	669.23%
Shares Outstanding	39.76	35.83	35.69	34.92	35.39	35.38
Free Cash Flow	60.2	1.4	13.9	-6.2	57.9	93.9
Free Cash Flow Growth	4200.00%	-89.93%	-	-	-38.34%	-
Free Cash Flow Per Share	1.62	0.04	0.39	-0.18	1.61	2.66
Gross Margin	19.00%	18.98%	19.07%	18.59%	17.21%	-78.16%
Operating Margin	8.64%	6.66%	5.57%	6.73%	5.87%	5.16%
Profit Margin	5.46%	0.45%	2.00%	4.51%	4.31%	2.80%
FCF Margin	1.92%	0.05%	0.60%	-0.31%	3.18%	5.68%
EBITDA	335.5	240.4	169.4	161.1	140	121.5
EBITDA Margin	10.70%	8.65%	7.31%	8.09%	7.69%	7.35%
EBIT	270.7	185.2	129.2	133.9	106.9	85.2
EBIT Margin	8.64%	6.66%	5.57%	6.73%	5.87%	5.16%
Effective Tax Rate	27.48%	67.87%	20.58%	25.91%	25.31%	28.22%

Updated Feb 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q