AAR Corp. (AIR)
NYSE: AIR · Real-Time Price · USD
100.43
-1.15 (-1.13%)
At close: Oct 9, 2026, 4:00 PM EDT
100.00
-0.43 (-0.43%)
After-hours: Oct 9, 2026, 7:48 PM EDT
AAR Corp. Income Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Nov '25 Nov 30, 2025 | Aug '25 Aug 31, 2025 | May '25 May 31, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 30, 2024 | Aug '24 Aug 31, 2024 | May '24 May 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 | May '23 May 31, 2023 | Feb '23 Feb 28, 2023 | Nov '22 Nov 30, 2022 | Aug '22 Aug 31, 2022 | May '22 May 31, 2022 | Feb '22 Feb 28, 2022 | Nov '21 Nov 30, 2021 |
| 918 | 928 | 845.1 | 795.3 | 739.6 | 754.5 | 678.2 | 686.1 | 661.7 | 656.5 | 567.3 | 545.4 | 549.7 | 553.3 | 521.1 | 469.8 | 446.3 | 476.1 | 452.2 | 436.6 | |
Revenue Growth (YoY) | 24.12% | 22.99% | 24.61% | 15.92% | 11.77% | 14.93% | 19.55% | 25.80% | 20.38% | 18.65% | 8.87% | 16.09% | 23.17% | 16.21% | 15.24% | 7.60% | -1.93% | 8.80% | 10.21% | 8.18% |
Cost of Revenue | 741.7 | 751.3 | 690.4 | 638.4 | 605.9 | 604.3 | 546.5 | 557.5 | 544.5 | 529.2 | 457 | 442 | 448.4 | 445.2 | 426.8 | 384 | 364.4 | 386.3 | 371.8 | 360.6 |
Gross Profit | 176.3 | 176.7 | 154.7 | 156.9 | 133.7 | 150.2 | 131.7 | 128.6 | 117.2 | 127.3 | 110.3 | 103.4 | 101.3 | 108.1 | 94.3 | 85.8 | 81.9 | 89.8 | 80.4 | 76 |
Selling, General & Admin | 102.1 | 99 | 89.8 | 88.1 | 71.8 | 76.2 | 61.3 | 132.5 | 74.4 | 73.3 | 64.8 | 64.3 | 63.5 | 70.2 | 56.7 | 52.8 | 50.1 | 55.4 | 48.9 | 47.1 |
Operating Expenses | 102.1 | 98.9 | 90.3 | 89.2 | 71.8 | 76.7 | 61.1 | 132.2 | 74.6 | 73.5 | 64.9 | 64.3 | 63.9 | 71 | 58.6 | 52.7 | 50.1 | 55.7 | 49 | 47.9 |
Operating Income | 74.2 | 77.8 | 64.4 | 67.7 | 61.9 | 73.5 | 70.6 | -3.6 | 42.6 | 53.8 | 45.4 | 39.1 | 37.4 | 37.1 | 35.7 | 33.1 | 31.8 | 34.1 | 31.4 | 28.1 |
Interest Expense | -16.6 | -16.7 | -17.5 | -19.1 | -18.8 | -18.8 | -18.5 | -19.3 | -18.8 | -19.3 | -11.9 | -6.2 | -5.8 | -5.2 | -3.8 | -2.1 | -1.1 | -0.6 | -0.6 | -0.5 |
Interest & Investment Income | 0.4 | 0.4 | 0.4 | 0.5 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.4 | 0.5 | 0.3 | 0.1 | 0.1 | - | - | 0.1 |
Earnings From Equity Investments | 2.8 | 2.9 | 1.4 | -0.1 | 3 | 0.7 | 0.5 | 1.9 | 2.3 | 0.3 | -0.2 | 0.6 | -0.9 | -0.2 | -1.7 | -0.7 | -0.6 | -1.2 | -1.1 | -0.4 |
Other Non Operating Income (Expenses) | -0.5 | -1.7 | -0.7 | -0.2 | -0.1 | -0.4 | -0.1 | -0.2 | -0.1 | -0.6 | -0.2 | -0.1 | -26.7 | -1.8 | -0.3 | 0.5 | 0.2 | -1.4 | 1.1 | 0.3 |
EBT Excluding Unusual Items | 60.3 | 62.7 | 48 | 48.8 | 46.3 | 55.4 | 52.9 | -20.7 | 26.5 | 34.8 | 33.7 | 34 | 4.4 | 30.4 | 30.2 | 30.9 | 30.4 | 30.9 | 30.8 | 27.6 |
Merger & Restructuring Charges | - | - | - | - | - | - | - | - | - | -21 | -12.2 | - | - | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Assets | - | 1.2 | 9.4 | -0.1 | 0.7 | -7.1 | -64 | -1.2 | -0.1 | -0.2 | -1 | -0.9 | -0.7 | -0.2 | -0.4 | -0.1 | - | -0.4 | - | -1.3 |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | - | -11.2 | - | - | - | - | - | - | - |
Other Unusual Items | -4.9 | -6.2 | 35.7 | -0.6 | - | -0.7 | - | -0.6 | -1.5 | - | - | -1.4 | - | - | - | - | - | - | - | 2.4 |
Pretax Income | 55.4 | 57.7 | 93.1 | 48.1 | 47 | 47.6 | -11.1 | -22.5 | 24.9 | 13.6 | 20.5 | 31.7 | -7.5 | 30.2 | 29.8 | 30.8 | 30.4 | 30.5 | 30.8 | 28.7 |
Income Tax Expense | 15.3 | 7 | 25.1 | 13.5 | 12.6 | 13.6 | -2.2 | 8.1 | 6.9 | 4.5 | 6.5 | 7.9 | -6.9 | 7 | 8 | 8.3 | 8.1 | 6.6 | 8.2 | 7.9 |
Earnings From Continuing Operations | 40.1 | 50.7 | 68 | 34.6 | 34.4 | 34 | -8.9 | -30.6 | 18 | 9.1 | 14 | 23.8 | -0.6 | 23.2 | 21.8 | 22.5 | 22.3 | 23.9 | 22.6 | 20.8 |
Earnings From Discontinued Operations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4 | - | -0.1 | - |
Net Income | 40.1 | 50.7 | 68 | 34.6 | 34.4 | 34 | -8.9 | -30.6 | 18 | 9.1 | 14 | 23.8 | -0.6 | 23.2 | 21.8 | 22.5 | 22.7 | 23.9 | 22.5 | 20.8 |
Preferred Dividends & Other Adjustments | - | - | - | - | - | - | - | - | - | 0.1 | 0.2 | 0.3 | - | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.1 |
Net Income to Common | 40.1 | 50.7 | 68 | 34.6 | 34.4 | 34 | -8.9 | -30.6 | 18 | 9 | 13.8 | 23.5 | -0.6 | 23 | 21.5 | 22.2 | 22.4 | 23.7 | 22.3 | 20.7 |
Net Income Growth (YoY) | 16.57% | 49.12% | - | - | 91.11% | 277.78% | - | - | - | -60.87% | -35.81% | 5.86% | - | -2.95% | -3.59% | 7.25% | 96.49% | 71.74% | -20.07% | 155.56% |
Shares Outstanding (Basic) | 40 | 39 | 39 | 38 | 36 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 34 | 34 | 34 | 35 | 35 | 35 | 35 |
Shares Outstanding (Diluted) | 40 | 40 | 40 | 38 | 36 | 36 | 35 | 35 | 36 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 36 | 36 | 36 |
Shares Change (YoY) | 11.14% | 11.24% | 11.58% | 8.24% | 0.84% | 0.56% | 0.57% | -0.28% | 1.43% | 1.72% | 1.73% | 1.73% | -0.85% | -2.52% | -3.08% | -2.53% | -0.84% | - | 0.56% | 1.71% |
EPS (Basic) | 1.01 | 1.29 | 1.73 | 0.92 | 0.96 | 0.96 | -0.25 | -0.87 | 0.51 | 0.26 | 0.40 | 0.67 | -0.02 | 0.67 | 0.63 | 0.65 | 0.64 | 0.68 | 0.64 | 0.59 |
EPS (Diluted) | 1.00 | 1.27 | 1.71 | 0.90 | 0.96 | 0.96 | -0.25 | -0.87 | 0.50 | 0.25 | 0.39 | 0.67 | -0.02 | 0.66 | 0.62 | 0.64 | 0.63 | 0.65 | 0.63 | 0.58 |
EPS Growth (YoY) | 4.36% | 32.26% | - | - | 91.64% | 278.96% | - | - | - | -61.73% | -37.10% | 4.69% | - | 1.08% | -1.15% | 10.35% | 98.27% | 68.40% | -20.15% | 149.90% |
Additional Metrics
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | Feb '26 Feb 28, 2026 | Nov '25 Nov 30, 2025 | Aug '25 Aug 31, 2025 | May '25 May 31, 2025 | Feb '25 Feb 28, 2025 | Nov '24 Nov 30, 2024 | Aug '24 Aug 31, 2024 | May '24 May 31, 2024 | Feb '24 Feb 29, 2024 | Nov '23 Nov 30, 2023 | Aug '23 Aug 31, 2023 | May '23 May 31, 2023 | Feb '23 Feb 28, 2023 | Nov '22 Nov 30, 2022 | Aug '22 Aug 31, 2022 | May '22 May 31, 2022 | Feb '22 Feb 28, 2022 | Nov '21 Nov 30, 2021 |
Free Cash Flow | 43.5 | 39 | 41.7 | 6.2 | -57.8 | 39 | -28.8 | 13.7 | -26.5 | 17 | 14.6 | 10.1 | -27.8 | 38.2 | 7.7 | -52.2 | 0.1 | 33 | 11.7 | 12.5 |
Free Cash Flow Per Share | 1.09 | 0.98 | 1.06 | 0.16 | -1.61 | 1.10 | -0.81 | 0.39 | -0.74 | 0.48 | 0.41 | 0.29 | -0.79 | 1.10 | 0.22 | -1.50 | 0.00 | 0.92 | 0.33 | 0.35 |
Gross Margin | 19.20% | 19.04% | 18.31% | 19.73% | 18.08% | 19.91% | 19.42% | 18.74% | 17.71% | 19.39% | 19.44% | 18.96% | 18.43% | 19.54% | 18.10% | 18.26% | 18.35% | 18.86% | 17.78% | 17.41% |
Operating Margin | 8.08% | 8.38% | 7.62% | 8.51% | 8.37% | 9.74% | 10.41% | -0.53% | 6.44% | 8.20% | 8.00% | 7.17% | 6.80% | 6.71% | 6.85% | 7.05% | 7.12% | 7.16% | 6.94% | 6.44% |
Profit Margin | 4.37% | 5.46% | 8.05% | 4.35% | 4.65% | 4.51% | -1.31% | -4.46% | 2.72% | 1.37% | 2.43% | 4.31% | -0.11% | 4.16% | 4.13% | 4.72% | 5.02% | 4.98% | 4.93% | 4.74% |
Free Cash Flow Margin | 4.74% | 4.20% | 4.93% | 0.78% | -7.81% | 5.17% | -4.25% | 2.00% | -4.00% | 2.59% | 2.57% | 1.85% | -5.06% | 6.90% | 1.48% | -11.11% | 0.02% | 6.93% | 2.59% | 2.86% |
EBITDA | 93 | 98.8 | 84.6 | 84.8 | 75.7 | 87.2 | 84.6 | 10.4 | 56.1 | 68.5 | 53.8 | 47.8 | 45.8 | 44.6 | 42.6 | 39.6 | 38.6 | 41.7 | 39.1 | 37 |
EBITDA Margin | 10.13% | 10.65% | 10.01% | 10.66% | 10.23% | 11.56% | 12.47% | 1.52% | 8.48% | 10.43% | 9.48% | 8.76% | 8.33% | 8.06% | 8.18% | 8.43% | 8.65% | 8.76% | 8.65% | 8.48% |
D&A For EBITDA | 18.8 | 21 | 20.2 | 17.1 | 13.8 | 13.7 | 14 | 14 | 13.5 | 14.7 | 8.4 | 8.7 | 8.4 | 7.5 | 6.9 | 6.5 | 6.8 | 7.6 | 7.7 | 8.9 |
EBIT | 74.2 | 77.8 | 64.4 | 67.7 | 61.9 | 73.5 | 70.6 | -3.6 | 42.6 | 53.8 | 45.4 | 39.1 | 37.4 | 37.1 | 35.7 | 33.1 | 31.8 | 34.1 | 31.4 | 28.1 |
EBIT Margin | 8.08% | 8.38% | 7.62% | 8.51% | 8.37% | 9.74% | 10.41% | -0.53% | 6.44% | 8.20% | 8.00% | 7.17% | 6.80% | 6.71% | 6.85% | 7.04% | 7.12% | 7.16% | 6.94% | 6.44% |
Effective Tax Rate | 27.62% | 12.13% | 26.96% | 28.07% | 26.81% | 28.57% | - | - | 27.71% | 33.09% | 31.71% | 24.92% | - | 23.18% | 26.85% | 26.95% | 26.65% | 21.64% | 26.62% | 27.53% |
Revenue as Reported | 918 | 928 | 845.1 | 795.3 | 739.6 | 754.5 | 678.2 | 686.1 | 661.7 | 656.5 | 567.3 | 545.4 | 549.7 | 553.3 | 521.1 | 469.8 | 446.3 | 476.1 | 452.2 | 436.6 |