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AAR Corp AIR Service — Cost of Goods Sold

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Other financials

Income statement

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Revenue$845.1M+24.6%
Gross profit$154.7M+17.5%
Net income$68.0M+864%
EPS (diluted)$1.71+784%

Balance sheet

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Cash & equivalents$78.5M-7.0%
Total debt$979.7M-10.1%
Total equity$1.6B+39.0%
Total assets$3.3B+16.6%

Cash flow

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Operating cash flow$74.7M+499%
CapEx$8.5M0.0%
Free cash flow$66.2M+343%

Valuation

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Market cap$5.36B+98.6%

Profitability

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Gross margin19%+0.2pp
Net margin5.5%+5.1pp
FCF margin-0.9%

Returns & leverage

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Return on equity12.1%
Debt / equity0.6×-0.3×
Current ratio2.7×-0.1×

Where this comes from

Reported directly by AAR Corp in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: AAR Corp’s 10-Q, filed March 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AAR Corp's service — cost of goods sold?
AAR Corp (AIR) reported service — cost of goods sold of $250.2M in Q4 2025.
How has AAR Corp's service — cost of goods sold changed year-over-year?
AAR Corp's service — cost of goods sold increased by 16.7% year-over-year, from $214.4M to $250.2M.
What is the long-term trend for AAR Corp's service — cost of goods sold?
Over 4 years (2021 to 2025), AAR Corp's service — cost of goods sold has grown at a 9.4% compound annual growth rate (CAGR), from $602.6M to $863.9M.
What does service — cost of goods sold mean?
This metric captures the direct costs attributable to the production and delivery of services within the segment, including labor, materials, and overhead directly tied to contract execution. It serves as a critical indicator of operational efficiency and the direct cost structure required to support aviation and expeditionary service activities. Monitoring this metric allows for the assessment of segment-level gross margins and the impact of inflationary pressures on service delivery.