balance equationreview2023-02-28
Difference 603800000 exceeds tolerance 1673300.000. Presentation or filing-vintage differences need review.
Revenue
$928.00M
Fiscal year ended 2026-05-31Operating income
Unavailable
Fiscal year ended 2026-05-31Free cash flow
$43.30M
Fiscal year ended 2026-05-31AAR CORP (AIR) reported revenue of $928.00M and net income of $50.70M for the fiscal year ended 2026-05-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from AAR CORP’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $928.00M | $845.10M | $795.30M | $739.60M | $754.50M | $678.20M | $686.10M | $661.70M | $656.50M | $567.30M |
| Cost of revenue | $751.30M | $690.40M | $638.40M | $605.90M | $604.30M | $546.50M | $557.50M | $544.50M | $529.20M | $457.00M |
| Gross profit | $176.70M | $154.70M | $156.90M | $133.70M | $150.20M | $131.70M | $128.60M | $117.20M | $127.30M | $110.30M |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $50.70M | $68.00M | $34.60M | $34.40M | $34.00M | -$8.90M | -$30.60M | $18.00M | $9.10M | $14.00M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | shares 39.50M | shares 38.10M | shares 35.90M | Unavailable | shares 35.40M | shares 35.20M | shares 35.60M | Unavailable | Unavailable |
| Pretax income | $57.70M | $93.10M | $48.10M | $47.00M | $47.60M | -$11.10M | -$22.50M | $24.90M | Unavailable | Unavailable |
| Income tax expense | $7.00M | $25.10M | $13.50M | $12.60M | $13.60M | -$2.20M | $8.10M | $6.90M | $4.50M | $6.50M |
| Diluted EPS | Unavailable | $1.71 | $0.90 | $0.95 | Unavailable | $-0.25 | $-0.87 | $0.50 | Unavailable | $0.39 |
| Selling, general & administrative | $99.60M | $89.80M | $88.70M | $71.20M | $77.40M | $61.30M | $133.10M | $75.90M | $94.80M | $77.00M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $84.00M | $78.50M | $75.60M | $80.00M | $96.50M | $84.40M | $61.70M | $49.30M | $85.80M | $69.20M |
| Total assets | $3.36B | $3.33B | $3.24B | $2.93B | $2.84B | $2.86B | $2.85B | $2.78B | $2.77B | $2.02B |
| Current assets | $1.74B | $1.76B | $1.69B | $1.57B | $1.51B | $1.53B | $1.50B | $1.43B | $1.39B | $1.24B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $613.20M | $653.00M | $594.20M | $538.50M | $554.70M | $545.20M | $558.30M | $466.90M | $466.90M | $428.20M |
| Total equity incl. NCI | $1.70B | $1.64B | $1.56B | $1.25B | $1.21B | $1.18B | $1.18B | $1.21B | $1.19B | $1.17B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $979.00M | $958.20M | $910.80M | $861.50M | $809.20M | $775.70M | $790.00M | $748.20M | $733.10M | $671.50M |
| Accounts receivable | $386.80M | $426.20M | $401.90M | $363.50M | $354.80M | $312.50M | $320.40M | $310.90M | $287.20M | $257.10M |
| Goodwill | $580.30M | $552.30M | $552.20M | $543.10M | $530.80M | $528.40M | $543.20M | $552.60M | $554.80M | $179.40M |
| Long-term debt | $893.90M | $893.90M | $952.70M | $1.02B | $968.00M | $1.02B | $986.70M | $981.00M | $985.40M | $274.70M |
| Accounts payable | $295.60M | $324.00M | $341.80M | $313.50M | $303.10M | $278.90M | $291.80M | $257.50M | $238.00M | $230.30M |
Cash flow
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $55.30M | $74.70M | $13.60M | -$44.90M | $51.40M | -$18.70M | $22.00M | -$18.60M | $24.50M | $20.40M |
| Capital expenditures | $12.00M | $8.50M | $7.40M | $8.70M | $10.00M | $8.50M | $8.30M | $7.90M | $7.50M | $5.80M |
| Investing cash flow | -$56.90M | -$14.70M | -$213.30M | -$23.80M | $27.60M | -$3.70M | -$7.90M | -$5.30M | -$731.70M | -$6.50M |
| Financing cash flow | $9.30M | -$56.10M | $204.30M | $51.10M | -$70.70M | $40.80M | $5.30M | -$9.10M | $719.70M | -$5.80M |
| Net change in cash | $7.70M | $3.90M | $4.60M | -$17.60M | $8.30M | $18.40M | $19.40M | -$33.00M | $12.50M | $8.10M |
| Stock-based compensation | $4.50M | $3.70M | $4.30M | $5.30M | $4.30M | $5.60M | $5.00M | $5.00M | $3.80M | $3.60M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | Unavailable |
| Depreciation & amortization | $21.00M | $20.20M | $17.10M | $13.80M | $13.70M | $14.00M | $14.00M | $13.50M | $14.70M | $8.40M |
Derived
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $43.30M | $66.20M | $6.20M | -$53.60M | $41.40M | -$27.20M | $13.70M | -$26.50M | $17.00M | $14.60M |
| Gross margin | 19.0% | 18.3% | 19.7% | 18.1% | 19.9% | 19.4% | 18.7% | 17.7% | 19.4% | 19.4% |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 4.7% | 7.8% | 0.8% | -7.2% | 5.5% | -4.0% | 2.0% | -4.0% | 2.6% | 2.6% |
| SBC / revenue | 0.5% | 0.4% | 0.5% | 0.7% | 0.6% | 0.8% | 0.7% | 0.8% | 0.6% | 0.6% |
| Current ratio | 2.84x | 2.70x | 2.84x | 2.91x | 2.72x | 2.82x | 2.68x | 3.06x | 2.98x | 2.90x |
| Revenue YoY growth | 23.0% | 24.6% | 15.9% | 11.8% | 14.9% | 19.5% | 25.8% | 20.4% | 18.7% | 8.9% |
| Net margin | 5.5% | 8.0% | 4.4% | 4.7% | 4.5% | -1.3% | -4.5% | 2.7% | 1.4% | 2.5% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 1.3% | 1.0% | 0.9% | 1.2% | 1.3% | 1.3% | 1.2% | 1.2% | 1.1% | 1.0% |
| Long-term debt / equity | 0.52x | Unavailable | Unavailable | Unavailable | 0.80x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 12.1% | 27.0% | 28.1% | 26.8% | 28.6% | Unavailable | Unavailable | 27.7% | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AIR in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K · Filed 2026-07-22View SEC filing
10-Q · Filed 2026-03-25View SEC filing
10-Q · Filed 2026-01-07View SEC filing
10-Q · Filed 2025-09-23View SEC filing
10-K · Filed 2025-07-22View SEC filing
10-Q · Filed 2025-03-28View SEC filing
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