AAR Corp income statement
In fiscal 2026, AAR Corp reported revenue of $3.31bn, up 19.0% on the year before and net income of $188m, or $4.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010May 2010 | 2011May 2011 | 2012May 2012 | 2013May 2013 | 2014May 2014 | 2015May 2015 | 2016May 2016 | 2017May 2017 | 2018May 2018 | 2019May 2019 | 2020May 2020 | 2021May 2021 | 2022May 2022 | 2023May 2023 | 2024May 2024 | 2025May 2025 | 2026May 2026 | LTMAug 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,352 | 1,805 | 2,065 | 1,808 | 1,709 | 1,621 | 1,525 | 1,591 | 1,748 | 2,052 | 2,072 | 1,652 | 1,820 | 1,991 | 2,319 | 2,781 | 3,308 | 3,486 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | 1,722 | — | — | 1,507 | 1,620 | 1,877 | 2,253 | 2,686 | 2,822 |
| Gross profit | 244 | 307 | 319 | 260 | 289 | 131 | 233 | 263 | 294 | 330 | 269 | 276 | 313 | 370 | 442 | 528 | 622 | 665 |
| Selling, general and administrative | 153 | 183 | 189 | 164 | 166 | 172 | 158 | 179 | 208 | 215 | 221 | 182 | 202 | 230 | 312 | 348 | 349 | 385 |
| Interest expense | 27 | 31 | 38 | 29 | 28 | 27 | 6 | 5 | 8 | 10 | 9 | 5 | 2 | 12 | 43 | 75 | 72 | 70 |
| Income before tax | — | — | — | — | — | — | — | — | — | — | — | — | — | 121 | 58 | 39 | 246 | 254 |
| Income tax | 21 | 34 | 26 | 25 | 32 | −39 | 23 | 25 | 4 | 5 | 6 | 18 | 27 | 31 | 12 | 26 | 58 | 61 |
| Net income | 45 | 70 | 68 | 55 | 73 | 10 | 48 | 57 | 16 | 8 | 4 | 36 | 79 | 90 | 46 | 13 | 188 | 193 |
| Diluted EPS | $1.16 | $1.73 | $1.65 | $1.38 | $1.83 | $0.24 | $1.37 | $1.64 | $0.41 | $0.21 | $0.13 | $1.00 | $2.17 | $2.53 | $1.29 | $0.35 | $4.86 | $4.91 |
| Diluted shares (average) | 43m | 44m | 43m | 41m | 39m | 39m | 35m | 34m | 35m | 35m | 35m | 35m | 36m | 35m | 35m | 36m | 38m | 39m |
| Quarter | 2025 Q2Nov 2024 | 2025 Q3Feb 2025 | 2025 Q4May 2025 | 2026 Q1Aug 2025 | 2026 Q2Nov 2025 | 2026 Q3Feb 2026 | 2026 Q4May 2026 | 2027 Q1Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 686 | 678 | 755 | 740 | 795 | 845 | 928 | 918 |
| Cost of revenue | 558 | 547 | 604 | 606 | 638 | 690 | 751 | 742 |
| Gross profit | 129 | 132 | 150 | 134 | 157 | 155 | 177 | 176 |
| Selling, general and administrative | 133 | 61 | 77 | 72 | 89 | 90 | 100 | 107 |
| Interest expense | 19 | 19 | 19 | 19 | 19 | 18 | 17 | 17 |
| Income before tax | −23 | −11 | 48 | 47 | 48 | 93 | 58 | 55 |
| Income tax | 8 | −2 | 14 | 13 | 14 | 25 | 7 | 15 |
| Net income | −31 | −9 | 34 | 34 | 35 | 68 | 51 | 40 |
| Diluted EPS | −$0.87 | −$0.25 | $0.96 | $0.95 | $0.90 | $1.71 | $1.27 | $1.00 |
Compare with peers
- CAE Inc income statement
- BWX Technologies, Inc. income statement
- Curtiss Wright Corp income statement
- Axon Enterprise income statement
- Leonardo DRS, Inc. income statement
Head to head: AIR vs CAEAIR vs BWXTAIR vs CWAIR vs AXON
More: Aerospace & Defense stocks compared, Industrials sector, rankings of US companies