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AAR Corp AIR Net Income

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Other financials

Income statement

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Revenue$928.0M+23.0%
Gross profit$176.7M+17.6%
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$5.58B+105%
Enterprise value$6.51B+76.3%
P/E29.7×-188×
P/S1.7×+0.7×

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:NetIncomeLoss.

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 itemFor the Year Ended May 31, 2026For the Year Ended May 31, 2025For the Year Ended May 31, 2024
Interest income1.61.82.2
Income before income taxes245.938.958.3
Income tax expense58.226.412.0
Net income$187.7$12.5$46.3
Earnings per share – basic$4.88$0.35$1.30
Earnings per share – diluted$4.86$0.35$1.29
Shares used for earnings per share:
Weighted average shares outstanding – basic38.335.635.1

ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is AAR Corp's net income?
AAR Corp (AIR) reported net income of $50.7M in Q1 2026.
How has AAR Corp's net income changed year-over-year?
AAR Corp's net income increased by 49.1% year-over-year, from $34M to $50.7M.
What is the long-term trend for AAR Corp's net income?
Over 4 years (2022 to 2026), AAR Corp's net income has grown at a 24.3% compound annual growth rate (CAGR), from $78.7M to $187.7M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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