AAR Corp Earnings Reports

AAR reported Q1 2026 revenue of $739.6M and net income of $34.4M, with EPS of $0.95 and adjusted EPS of $1.08. Sales rose 12% year-over-year, led by strong Parts Supply performance and growth across all segments.

AAR Corp delivered double-digit revenue and earnings growth in Q4 2025, driven by strong demand in parts distribution and government contracts. Operating and adjusted EBITDA margins expanded significantly, reflecting improved profitability.

In Q3 FY2025, AAR Corp achieved $678.2 million in sales, a 20% year-over-year increase, driven by strong growth across its segments. Despite a GAAP net loss due to a divestiture charge, adjusted EPS rose 16% to $0.99, and margins improved significantly, reflecting operational efficiencies and contributions from recent acquisitions.

AAR Corp's second quarter fiscal year 2025 saw a 26% increase in sales to $686.1 million. However, the company reported a net loss of $30.6 million, or $0.87 per share, due to after-tax charges of $57.1 million associated with the FCPA settlement and related costs. Adjusted diluted earnings per share were $0.90, compared to $0.81 in the same quarter last year.

AAR Corp reported a strong first quarter for fiscal year 2025, with consolidated sales of $661.7 million and net income of $18.0 million, or $0.50 per diluted share. This represents a 20% increase in sales compared to the prior year quarter. Adjusted diluted earnings per share were $0.85, compared to $0.78 in the prior year. The company saw growth in both commercial and government sectors, driven by organic growth and the acquisition of the Product Support business.

AAR Corp reported record fourth quarter fiscal year 2024 consolidated sales of $656.5 million and income from continuing operations of $9.1 million, or $0.26 per diluted share. The adjusted diluted earnings per share from continuing operations in the fourth quarter of fiscal year 2024 were $0.88. Consolidated fourth quarter sales increased 19% over the prior year quarter.

AAR CORP. reported a 9% increase in consolidated sales, reaching $567.3 million, and income from continuing operations of $14.0 million, or $0.39 per diluted share. Adjusted diluted earnings per share from continuing operations were $0.85, compared to $0.75 in the prior year. The company completed the acquisition of Triumph Group’s Product Support business on March 1, 2024.

AAR Corp reported a strong second quarter with consolidated sales of $545.4 million, a 16% increase year-over-year, and income from continuing operations of $23.8 million, or $0.67 per diluted share. Adjusted diluted earnings per share were $0.81. The company benefited from strong commercial sales growth and operating margin expansion.

AAR CORP reported a 23.2% increase in consolidated sales compared to the prior year quarter, with sales reaching $549.7 million. The company experienced a loss from continuing operations of $0.6 million, or $0.02 per diluted share, but adjusted diluted earnings per share from continuing operations were $0.78. The results included net pretax adjustments of $42.5 million, primarily due to a pension settlement and Russian legal charges.

AAR Corp reported Q4 2023 consolidated sales of $553.3 million and income from continuing operations of $23.2 million, or $0.66 per diluted share. Adjusted diluted earnings per share were $0.83, compared to $0.72 in the prior year. Consolidated fourth quarter sales increased 16% over the prior year quarter.

AAR Corp reported a 15% increase in consolidated sales to $521.1 million and income from continuing operations of $21.8 million, or $0.62 per diluted share, for the third quarter of fiscal year 2023. Adjusted diluted earnings per share were $0.75, compared to $0.63 in the prior year. The company also acquired Trax, a provider of aircraft MRO and fleet management software.

AAR Corp reported a consolidated sales increase of 8% to $469.8 million compared to the prior year quarter. Income from continuing operations was $22.5 million, or $0.64 per diluted share. Adjusted diluted earnings per share from continuing operations were $0.69, compared to $0.53 in the second quarter of the prior year.

AAR Corp reported a decrease in consolidated sales by 2% compared to the prior year's quarter, but experienced a significant increase in income from continuing operations. The company saw strong commercial performance with sales to commercial customers increasing, while sales to government customers decreased due to the completion of certain programs.

AAR Corp reported a 9% increase in consolidated sales for Q4 2022, reaching $476.1 million, and income from continuing operations increased to $23.9 million, or $0.66 per diluted share. The company's adjusted diluted earnings per share from continuing operations were $0.72, compared to $0.47 in the prior year. Sales to commercial customers increased by 28%, while sales to government customers decreased by 13%.

AAR Corp reported a 10% increase in consolidated sales to $452.2 million and income from continuing operations of $22.6 million, or $0.63 per diluted share, for the third quarter of Fiscal Year 2022. Adjusted diluted earnings per share were $0.63 compared to $0.37 in the prior year. Consolidated sales to commercial customers increased 28%, while sales to government customers decreased 8%.

AAR CORP reported second quarter Fiscal Year 2022 consolidated sales of $436.6 million and income from continuing operations of $20.8 million, or $0.58 per diluted share. Adjusted diluted earnings per share from continuing operations were $0.53. Consolidated second quarter sales increased 8% over the prior year quarter.

AAR Corp's Q1 2022 consolidated sales increased by 14% to $455.1 million, with income from continuing operations at $11.2 million, or $0.31 per diluted share. Adjusted diluted earnings per share were $0.52, compared to $0.17 in the prior year. The company benefited from a 53% increase in sales to commercial customers and improved gross profit margins.

AAR Corp reported a 5% increase in consolidated sales to $437.6 million and income from continuing operations of $14.7 million, or $0.41 per diluted share, compared to a loss of $15.0 million, or a loss of $0.43 per diluted share in the prior year quarter. Adjusted diluted earnings per share from continuing operations in the fourth quarter of Fiscal Year 2021 were $0.47 compared to $0.26 in the fourth quarter of the prior year.

AAR CORP reported third quarter Fiscal Year 2021 consolidated sales of $410.3 million and income from continuing operations of $31.1 million, or $0.87 per diluted share. The company's adjusted diluted earnings per share from continuing operations were $0.37. Consolidated sales decreased 26% from the prior year quarter, while sales to government customers increased 4%. Gross profit margins increased from 11.8% to 21.0% due primarily to the CARES Act payroll support.

AAR Corp reported a decrease in consolidated sales but an increase in gross profit margins. Sales to government customers increased, while sales to commercial customers decreased due to the continued impact of COVID-19. The company was awarded a five-year, $148.4 million follow-on contract by the Naval Air Systems Command.

AAR Corp reported a decrease in consolidated sales by 26% compared to the prior year quarter. The company had a loss from continuing operations of $13.9 million, or $0.40 per diluted share, compared to income from continuing operations of $17.1 million, or $0.49 per diluted share, in the prior year. The adjusted diluted earnings per share from continuing operations were $0.17 compared to $0.57 in the prior year. Consolidated sales to commercial customers decreased 48%, while sales to government customers increased 10%.

AAR Corp reported a decrease in sales and a loss from continuing operations due to the impact of COVID-19 and restructuring actions. While commercial airline volumes decreased, government and defense activities saw growth. The company took cost reduction actions and focused on the commercial cargo market to mitigate the impact.

AAR Corp's third quarter Fiscal Year 2020 shows consolidated sales of $553.1 million and income from continuing operations of $2.6 million, or $0.07 per diluted share. The quarter included a $24.7 million pretax charge. Adjusted diluted earnings per share from continuing operations were $0.67, compared to $0.62 in the prior year. Consolidated sales increased 4% due to growth in the Aviation Services segment.