AAR Quarterly Income Statement
NYSE: AIRIndustrialsAerospaceUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AAR revenue and earnings
In the quarter ended Aug 31, 2026, AAR generated $918.0 million in revenue, up 24.1% from the same quarter a year earlier. Net income was $40.1 million (+16.6% year over year), for a net margin of 4.4% versus a median of 4.7% in the prior 5 quarters. Gross margin was 19.2% (up from 18.1%).
Diluted earnings per share came in at $1.00, up from $0.95.
Summary generated from market data by MetaCap's automated system. Methodology
AAR income statement (quarterly)
| Quarter (USD) | Q1 20272026-08-31 | Q4 20262026-05-31 | Q3 20262026-02-28 | Q2 20262025-11-30 | Q1 20262025-08-31 | Q4 20252025-05-31 | Q3 20252025-02-28 | Q2 20252024-11-30 | Q1 20252024-08-31 | Q4 20242024-05-31 | Q3 20242024-02-29 | Q2 20242023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 918.00M | 928.00M | 845.10M | 795.30M | 739.60M | 754.50M | 678.20M | 686.10M | 661.70M | 656.50M | 567.30M | 545.40M |
| Revenue growth (YoY) | +24.12% | +23.00% | +24.61% | +15.92% | +11.77% | +14.93% | +19.55% | +25.80% | +20.37% | +18.65% | +8.87% | +16.09% |
| Cost of Revenue | 741.70M | 751.30M | 690.40M | 638.40M | 605.90M | 604.30M | 546.50M | 557.50M | 544.50M | 529.20M | 457.00M | 442.00M |
| Gross Profit | 176.30M | 176.70M | 154.70M | 156.90M | 133.70M | 150.20M | 131.70M | 128.60M | 117.20M | 127.30M | 110.30M | 103.40M |
| Selling, General & Admin | 107.00M | 99.60M | 89.80M | 88.70M | 71.80M | 77.40M | 61.30M | 133.10M | 75.90M | 94.80M | 77.00M | 65.70M |
| Interest Expense | 16.60M | 16.70M | 17.50M | 19.10M | 18.80M | 18.80M | 18.50M | 19.30M | 18.80M | 19.30M | 11.90M | 6.20M |
| Other Income (Expense) | -500.00K | -1.10M | -700.00K | -200.00K | -100.00K | 100.00K | -100.00K | -200.00K | -100.00K | -100.00K | -200.00K | -100.00K |
| Pretax Income | 55.40M | 57.70M | 93.10M | 48.10M | 47.00M | 47.60M | -11.10M | -22.50M | 24.90M | — | — | — |
| Income Tax | 15.30M | 7.00M | 25.10M | 13.50M | 12.60M | 13.60M | -2.20M | 8.10M | 6.90M | 4.50M | 6.50M | 7.90M |
| Net Income | 40.10M | 50.70M | 68.00M | 34.60M | 34.40M | 34.00M | -8.90M | -30.60M | 18.00M | 9.10M | 14.00M | 23.80M |
| Net Income growth (YoY) | +16.57% | +49.12% | — | — | +91.11% | +273.63% | -163.57% | -228.57% | — | -60.78% | -35.78% | +5.78% |
| EPS (Basic) | 1.01 | 1.29 | 1.72 | 0.91 | 0.96 | 0.97 | -0.25 | -0.87 | 0.50 | 0.25 | 0.40 | 0.67 |
| EPS (Diluted) | 1.00 | 1.30 | 1.71 | 0.90 | 0.95 | 0.97 | -0.25 | -0.87 | 0.50 | 0.25 | 0.39 | 0.67 |
| Shares Outstanding (Basic) | 39.60M | — | 39.30M | 37.80M | 35.70M | — | 35.40M | 35.20M | 35.20M | — | 34.80 | 34.90M |
| Shares Outstanding (Diluted) | 39.90M | — | 39.50M | 38.10M | 35.90M | — | 35.40M | 35.20M | 35.60M | — | 35.20 | 35.30M |
| Gross Margin | 19.20% | 19.04% | 18.31% | 19.73% | 18.08% | 19.91% | 19.42% | 18.74% | 17.71% | 19.39% | 19.44% | 18.96% |
| Net Margin | 4.37% | 5.46% | 8.05% | 4.35% | 4.65% | 4.51% | -131.00% | -4.46% | 2.72% | 139.00% | 2.47% | 4.36% |
This table shows 12 quarterly periods of AAR's income statement, from Q1 2027 back to Q2 2024, across 15 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AIR's reporting calendar. What is a income statement?