Madison Air Solutions Corporation (MAIR)
NYSE: MAIR · Real-Time Price · USD
38.57
+0.21 (0.55%)
At close: May 19, 2026, 4:00 PM EDT
38.60
+0.03 (0.08%)
After-hours: May 19, 2026, 7:23 PM EDT

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Commercial Revenue
2.20B1.80B
Commercial Revenue Growth
21.91%4.14%
Residential Revenue
1.14B820.40M
Residential Revenue Growth
39.02%-0.40%
Revenue (Total)
3.34B2.62B
Revenue (Total) Growth
27.26%2.68%

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
U.S. Revenue
2.90B2.14B
U.S. Revenue Growth
35.34%5.34%
Americas Revenue
307.50M358.40M
Americas Revenue Growth
-14.20%-4.98%
Europe Revenue
66.40M60.00M
Europe Revenue Growth
10.67%-20.64%
Asia Pacific Revenue
65.10M62.70M
Asia Pacific Revenue Growth
3.83%-8.47%
Revenue (Total)
3.34B2.62B
Revenue (Total) Growth
27.26%2.68%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023
Period Ending
Dec '25 Dec '24 Dec '23
Commercial Adjusted EBITDA
629.90M508.40M
Commercial Adjusted EBITDA Growth
23.90%13.91%
Residential Adjusted EBITDA
278.90187.30
Residential Adjusted EBITDA Growth
48.91%5.88%
Corporate Adjusted EBITDA
-18.10-21.50
Operating Income (Other)
-98.00M-32.60M
Operating Income (Total)
531.90M475.80M
Operating Income (Total) Growth
11.79%18.45%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Commercial - Backlog
2.46B2.10B910.70M
Commercial - Backlog Growth
17.24%130.06%40.26%
Residential - Backlog
63.70M65.60M57.50M
Residential - Backlog Growth
-2.90%14.09%2.31%
Total Backlog
2.52B2.16B968.20M
Total Backlog Growth
16.63%123.18%37.24%
Commercial - Orders
-3.36B2.05B
Commercial - Orders Growth
-64.08%25.91%
Residential - Orders
-1.17B833.00M
Residential - Orders Growth
-40.82%0.95%
Total Orders
4.96B4.53B2.88B
Total Orders Growth
9.53%57.35%17.51%
Commercial - Organic Revenue Growth Rate
-17.40%4.20%
Residential - Organic Revenue Growth Rate
-1.10%-0.10%
Total Organic Revenue Growth Rate
-12.40%2.90%
Updated May 12, 2026. Data Source: Fiscal.ai.