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AAR Corp AIR Legacy Commercial Programs — Cost of Goods Sold

Other segment segments

Repair Engineering And Software
$862.8M
Government Solutions
$405.8M
Parts Supply
$341.3M+46.0%
Repair And Engineering
$222.9M+28.6%
Integrated Solutions
$140.8M+3.4%
Expeditionary Services
$15.1M-26.0%

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Other financials

Income statement

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Revenue$928.0M+23.0%
Gross profit$176.7M+17.6%
Net income$50.7M+49.1%
EPS (diluted)$1.27+32.3%

Balance sheet

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Cash & equivalents$84.0M-13.0%
Total debt$1.0B-4.5%
Total equity$1.7B+40.6%
Total assets$3.4B+18.0%

Cash flow

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Operating cash flow$55.3M+7.6%
CapEx$12.0M+20.0%
Free cash flow$43.3M+4.6%

Valuation

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Market cap$5.91B+128%
Enterprise value$6.84B+92.3%
P/E31.5×-176×
P/S1.8×+0.9×

Profitability

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Gross margin18.8%-0.2pp
Net margin5.7%+5.2pp
FCF margin1.9%+1.8pp

Returns & leverage

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Return on equity12.9%+11.8pp
Debt / equity0.6×-0.3×
Current ratio2.8×+0.1×

Where this comes from

Reported directly by AAR Corp in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: AAR Corp’s 10-K, filed July 22, 2026.

Filed
Jul 21, 2026, 8:00 PM EDT
Fiscal year
FY2026
Accession
0001104659-26-085459
Line itemSalesCost of / SalesSelling, / General and / AdministrativeOther / Segment / ItemsOperating / Income
Parts Supply$1,487.7$1,192.9$116.0$(7.4)$186.2
Repair, Engineering, and Software1,080.8862.8132.70.784.6
Government Solutions502.3405.839.856.7
Legacy Commercial Programs237.2224.313.2(0.3)
$3,308.0$2,685.8$301.7$(7.0)$327.5
Corporate and other(49.7)
277.8
Bargain purchase gain29.5

ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is AAR Corp's legacy commercial programs — cost of goods sold?
AAR Corp (AIR) reported legacy commercial programs — cost of goods sold of $56.08M in Q1 2026.
How has AAR Corp's legacy commercial programs — cost of goods sold changed year-over-year?
AAR Corp's legacy commercial programs — cost of goods sold decreased by 3.5% year-over-year, from $58.13M to $56.08M.
What is the long-term trend for AAR Corp's legacy commercial programs — cost of goods sold?
Over 2 years (2024 to 2026), AAR Corp's legacy commercial programs — cost of goods sold has grown at a 6.8% compound annual growth rate (CAGR), from $196.8M to $224.3M.
What does legacy commercial programs — cost of goods sold mean?
The direct costs incurred to produce the goods and deliver the services associated with the legacy commercial programs segment. Monitoring this metric is essential for evaluating the segment's gross margin efficiency and direct cost management.

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