Class A common stock, par value $0.0000001
- Symbol
- MAIR
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 9.01 · 8-K
Madison Air Solutions Corporation
MAIRNYSEEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On May 12, 2026, Madison Air Solutions Corporation (the "Company") issued a press release announcing its first quarter 2026 results. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.…
Company context
Madison Air (NYSE: MAIR) is an air quality solutions provider serving priority commercial and residential markets. Through its portfolio of trusted brands, including Addison, AprilAire, Big Ass Fans, Broan-NuTone, Nortek Air Solutions, Nortek Data Center Cooling and Reznor, the Company helps customers improve performance, protect critical assets and create healthier indoor environments. Madison Air's mission is to make the world safer, healthier and more productive through the power of better air.
Current securities
Registered securities in this filing
Madison Air Solutions Corporation · 8-K · Filed 2026-05-12
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial Condition.
On May 12, 2026, Madison Air Solutions Corporation (the "Company") issued a press release announcing its first quarter 2026 results. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section and shall not be deemed to be incorporated by reference to any filing by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Filed exhibits (1)
EX-99.1 2 a20261q8k_ex-991.htm EX-99.1 Document Exhibit 99.1 Madison Air Reports First Quarter 2026 Results • Backlog up 115.5% year-over-year and orders up 29.1% on a combined basis*** • Net sales of $923.7 million, up 33.8%, including 12.5% on a pro forma basis** • Net income of $43.0 million, down 6.9%, adjusted net income* up 32.1% • Adjusted EBITDA* of $233.4 million, up 38.7%, with adjusted EBITDA margin* of 25.3%, up 89 bps • Cash flow from operations - continuing operations of $57.8 million and free cash flow* of $50.4 million • Continued de-leveraging, pre-IPO down ~0.2x from year end, post IPO adjusted net leverage 3.0x *This news release contains non-GAAP financial measures. Definitions and reconciliations of the non-GAAP financial measures can be found under “Selected Financial Data, Non-GAAP Measures and Definitions.” **Financial information presented on a Pro Forma basis solely to give effect to the AprilAire Acquisition as if such transaction had occurred on January 1, 2025. See the unaudited pro forma combined statements of operations filed as Exhibit 99.1 to our Quarterly Report on Form 10-Q for a description of the adjustments and assumptions underly…
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