Company research
AAR CORP
CIK 1750Updated Sep 24, 2026
SecurityAIR · NYSE · equity
AIR price & chart
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NYSE:AIR on TradingView ↗About the company
AAR is a leading global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through three primary operating segments: Parts Supply; Repair, Engineering, and Software; and Government Solutions. Additional information can be found at aarcorp.com/.
In the news
AAR to acquire Aircraft Reconfig Technologies, expanding its engineering and certification capabilities and creating additional revenue streams News provided by AAR CORP. Dec 17, 2025, 17:15 ET Share this article Share to X Share this article Share to X The acquisition continues AAR's accelerated gr ↗
Recent filings
DEFA14A filing
ARS filing
DEFA14A filing
DEF 14A filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
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balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 3,355,900,000Source | 2,844,600,000Source | 2,770,000,000Source | 1,833,100,000Source |
| Property, Plant and Equipment, NetUSD | 166,900,000Source | 158,500,000Source | 171,700,000Source | 126,100,000Source |
| GoodwillUSD | 580,300,000Source | 530,800,000Source | 554,800,000Source | 175,800,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 281,600,000Source | 219,600,000Source | 235,400,000Source | 63,700,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 84,000,000Source | 96,500,000Source | 85,800,000Source | 68,400,000Source |
| Inventory, NetUSD | 979,000,000Source | 809,200,000Source | 733,100,000Source | 574,100,000Source |
| Assets, CurrentUSD | 1,742,100,000Source | 1,510,600,000Source | 1,389,600,000Source | 1,097,900,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 120,100,000Source | 52,600,000Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | 210,800,000Source | 93,300,000Source | 96,600,000Source | 63,700,000Source |
| Other Assets, NoncurrentUSD | 193,900,000Source | 159,400,000Source | 155,600,000Source | 127,800,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 48,800,000Source | 45,300,000Source | 45,300,000Source | 45,300,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,157,100,000Source | 969,400,000Source | 956,900,000Source | 910,600,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -3,900,000Source | -5,600,000Source | -8,800,000Source | -23,500,000Source |
| Stockholders' Equity Attributable to ParentUSD | 1,703,800,000Source | 1,211,600,000Source | — | — |
| Additional Paid in Capital, Common StockUSD | 789,700,000Source | 505,200,000Source | 493,900,000Source | 484,500,000Source |
| Liabilities and EquityUSD | 3,355,900,000Source | 2,844,600,000Source | 2,770,000,000Source | 1,833,100,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 613,200,000Source | 554,700,000Source | 466,900,000Source | 351,500,000Source |
| Operating Lease, Liability, CurrentUSD | 17,000,000Source | 12,300,000Source | 13,200,000Source | 12,300,000Source |
| Accounts Payable, CurrentUSD | 295,600,000Source | 303,100,000Source | 238,000,000Source | 158,500,000Source |
| Operating Lease, Liability, NoncurrentUSD | 101,100,000Source | 79,600,000Source | 80,300,000Source | 48,200,000Source |
| Deferred Income Tax Liabilities, NetUSD | 23,100,000Source | 18,400,000Source | 23,900,000Source | 33,600,000Source |
| Other Liabilities, NoncurrentUSD | 20,800,000Source | — | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | — | 245,800,000Source | 219,300,000Source | 179,600,000Source |
| Deferred Revenue, CurrentUSD | — | 40,300,000Source | 14,700,000Source | 19,700,000Source |
| Deferred Revenue, NoncurrentUSD | — | 6,400,000Source | 7,200,000Source | 12,700,000Source |
| Deferred Tax Liabilities, NetUSD | 23,100,000Source | 18,400,000Source | 23,900,000Source | 33,600,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 893,900,000Source | 968,000,000Source | 985,400,000Source | 269,700,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 187,700,000Source | 12,500,000Source | 46,300,000Source | 90,200,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 72,100,000Source | 55,200,000Source | 41,200,000Source | 27,900,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 17,800,000Source | 19,900,000Source | 15,300,000Source | 13,500,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -7,700,000Source | 82,800,000Source | 5,300,000Source | 18,100,000Source |
| Increase (Decrease) in InventoriesUSD | 69,000,000Source | 109,300,000Source | 90,400,000Source | 23,600,000Source |
| Increase (Decrease) in Accounts PayableUSD | -49,900,000Source | 70,500,000Source | 59,400,000Source | — |
| Deferred Income Tax Expense (Benefit)USD | -3,200,000Source | -5,500,000Source | -20,500,000Source | -2,200,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 98,700,000Source | 36,100,000Source | 43,600,000Source | 23,300,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 259,400,000Source | 1,500,000Source | 722,900,000Source | 103,300,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -308,700,000Source | 10,700,000Source | -758,500,000Source | -138,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 9,600,000Source | 1,100,000Source | 5,900,000Source | 5,200,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 36,600,000Source | 34,700,000Source | 29,700,000Source | 29,500,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | 10,100,000Source | 5,100,000Source | 50,100,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 208,600,000Source | -33,700,000Source | 729,200,000Source | 137,700,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | — | — | -1,900,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,400,000Source | 13,100,000Source | 14,300,000Source | 22,900,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 107,800,000Source | 109,200,000Source | 96,100,000Source | 81,800,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 71,700,000Source | 74,400,000Source | 31,900,000Source | 11,100,000Source |
| Income Taxes Paid, NetUSD | 49,600,000Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 3,200,000Source | 2,600,000Source | — | — |
| Amortization of Intangible AssetsUSD | 24,100,000Source | 16,200,000Source | 7,300,000Source | 1,300,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | -68,900,000Source | -2,800,000Source | -700,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 9,800,000Source | — | — | — |
| GoodwillUSD | 580,300,000Source | 530,800,000Source | 554,800,000Source | 175,800,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 12,500,000Source | 46,300,000Source | 89,800,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 400,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 7,200,000Source | 5,400,000Source | -200,000Source | -3,200,000Source |
| Income Tax Expense (Benefit)USD | 58,200,000Source | 26,400,000Source | 12,000,000Source | 31,400,000Source |
| InterestExpenseNonoperatingUSD | 72,100,000Source | 75,400,000Source | — | — |
| Inventory Write-downUSD | 4,900,000Source | — | — | — |
| Investment Income, InterestUSD | 1,600,000Source | 1,800,000Source | 2,200,000Source | 1,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 187,700,000Source | 12,500,000Source | 46,300,000Source | 90,200,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 45,800,000Source | 89,100,000Source |
| Other Nonoperating Income (Expense)USD | -2,100,000Source | -300,000Source | -400,000Source | -800,000Source |
| Pension Expense (Reversal of Expense), NoncashUSD | — | — | 26,700,000Source | — |
| Proceeds from Issuance of Common StockUSD | 273,900,000Source | — | — | — |
| Proceeds from Issuance of Long-term DebtUSD | 153,000,000Source | — | 550,000,000Source | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 3,308,000,000Source | 2,780,500,000Source | 2,318,900,000Source | 1,990,500,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cost of RevenueUSD | 2,686,000,000Source | 2,252,800,000Source | 1,876,600,000Source | — |
| Selling, General and Administrative ExpenseUSD | 349,300,000Source | 347,700,000Source | 312,200,000Source | 230,400,000Source |
| Other Nonoperating Income (Expense)USD | -2,100,000Source | -300,000Source | -400,000Source | -800,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 245,900,000Source | 38,900,000Source | — | — |
| Income Tax Expense (Benefit)USD | 58,200,000Source | 26,400,000Source | 12,000,000Source | 31,400,000Source |
| Net Income (Loss) Attributable to ParentUSD | 187,700,000Source | 12,500,000Source | 46,300,000Source | 90,200,000Source |
| Earnings Per Share, BasicUSD per share | 4.88Source | 0.35Source | 1.3Source | 2.56Source |
| Earnings Per Share, DilutedUSD per share | 4.86Source | 0.35Source | 1.29Source | 2.53Source |
| Total Revenue | — | — | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 38,300,000Source | 35,600,000Source | 35,100,000Source | 34,700,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 38,400,000Source | 35,800,000Source | 35,400,000Source | 35,100,000Source |
| Interest Expense (non-operating)USD | 72,100,000Source | 75,400,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 24,100,000Source | 16,200,000Source | 7,300,000Source | 1,300,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 500,000Source | — |
| Costs and ExpensesUSD | — | — | — | 1,853,400,000Source |
| Current Income Tax Expense (Benefit)USD | 61,400,000Source | 31,900,000Source | 32,500,000Source | 33,600,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Gross ProfitUSD | 622,000,000Source | 527,700,000Source | 442,300,000Source | 370,100,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | 12,500,000Source | 46,300,000Source | 89,800,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 184,200,000Source | -22,500,000Source | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | 0.35Source | 1.3Source | 2.55Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | 0.35Source | 1.29Source | 2.52Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 400,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | 7,200,000Source | 5,400,000Source | -200,000Source | -3,200,000Source |
| Interest ExpenseUSD | — | — | 43,200,000Source | 12,200,000Source |
| Investment Income, InterestUSD | 1,600,000Source | 1,800,000Source | 2,200,000Source | 1,000,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 45,800,000Source | 89,100,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 3,308,000,000Source | 2,780,500,000Source | 2,318,900,000Source | 1,990,500,000Source |
Filing attachments
tm2620584d1_ex99-1.htm · 8-K · 2026-07-21
EX-99.1 2 tm2620584d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 AAR reports fourth quarter and fiscal year 2026 results Wood Dale, Illinois, July 21, 2026 - AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fourth quarter and fiscal year 2026 ended May 31, 2026. FOURTH QUARTER FISCAL YEAR 2026 HIGHLIGHTS (As compared to Q4 FY2025) Sales of $928 million; increased 23% GAAP dilute…
Read attachment ↗tm2620584d1_ex99-2.htm · 8-K · 2026-07-21
EX-99.2 3 tm2620584d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 Fourth Quarter Fiscal Year 2026 Earnings Call July 21, 2026 Note : All results and expectations in the presentation reflect continuing operations unless otherwise noted. This presentation contains certain statements relating to future results, which are forward - looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, which reflect management’s expectations about future conditions, includ…
Read attachment ↗tm2613847d1_ex99-1.htm · 8-K · 2026-05-12
EX-99.1 2 tm2613847d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 © 2 0 2 6 AA R CO R P. A ll ri gh t s r e s e rv e d w o r l d w ide I n v e s t or Day | May 1 2, 2 0 2 6 F o r w a r d - L o o k i ng Sta t em e nts N o t e : A l l r e s u l t s an d e x p e c t ati o n s i n t h e pr e s e n t ati o n r ef l e c t co n t i n uin g o p e rati o n s u n l e s s o t h e rwi s e n o t e d. T h i s pr e s e n t ati o n c o n t a i n s c e r t a i n f o rward - l oo k i n g s t at e m e n t s a s t h…
Read attachment ↗tm2612934d1_ex99-1.htm · 8-K · 2026-05-06
EX-99.1 2 tm2612934d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 AAR CORP. Unaudited Summary GAAP Financial Information Dollars in millions Three months ended August 31, November 30, February 28, May 31, 2024 2024 2025 2025 ──────────────…
Read attachment ↗tm2612934d1_ex99-2.htm · 8-K · 2026-05-06
EX-99.2 3 tm2612934d1_ex99-2.htm EXHIBIT 99.2 Exhibit 99.2 FOR IMMEDIATE RELEASE May 6, 2026 Contact: Chris Tillett - Investor Relations +1-630-227-5830 investors@aarcorp.com AAR announces segment realignment and wind-down of Commercial Programs business Wood Dale, Illinois - AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, announced today that beginning with the fourth quarter of fiscal year 2026, the Company will rep…
Read attachment ↗tm2612515d1_ex99-1.htm · 8-K · 2026-04-24
EX-99.1 2 tm2612515d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE April 24, 2026 Contact: Media Team +1-630-227-5100 Editor@aarcorp.com AAR completes acquisition of Aircraft Reconfig Technologies The acquisition immediately expands AAR’s engineering and certification capabilities Wood Dale, Illinois - AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced the completion of its acquisition of…
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