AAR financials
$106.75−7.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q4 '26 May 31 | Q3 '26 Feb 28 | Q2 '26 Nov 30 | Q1 '26 Aug 31 | Q4 '25 May 31 | Q3 '25 Feb 28 | Q2 '25 Nov 30 | Q1 '25 Aug 31 | Q4 '24 May 31 | Q3 '24 Feb 29 | Q2 '24 Nov 30 | Q1 '24 Aug 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $928.0M | $845.1M | $795.3M | $739.6M | $754.5M | $678.2M | $686.1M | $661.7M | $656.5M | $567.3M | $545.4M | $549.7M |
| Gross profit | $176.7M | $154.7M | $156.9M | $133.7M | $150.2M | $131.7M | $128.6M | $117.2M | $127.3M | $110.3M | $103.4M | $101.3M |
| Gross margin | 19.0% | 18.3% | 19.7% | 18.1% | 19.9% | 19.4% | 18.7% | 17.7% | 19.4% | 19.4% | 19.0% | 18.4% |
| Operating income | $77.2M | $64.4M | $67.1M | $61.9M | $72.3M | $70.6M | -$4.2M | $41.1M | $59.0M | $33.2M | $37.7M | -$500.0K |
| Net income | $50.7M | $68.0M | $34.6M | $34.4M | $34.0M | -$8.9M | -$30.6M | $18.0M | $9.1M | $14.0M | $23.8M | -$600.0K |
| Net margin | 5.5% | 8.0% | 4.4% | 4.7% | 4.5% | −1.3% | −4.5% | 2.7% | 1.4% | 2.5% | 4.4% | −0.1% |
| Diluted EPS | $1.26 | $1.71 | $0.90 | $0.95 | $0.92 | $-0.25 | $-0.87 | $0.50 | $0.25 | $0.39 | $0.67 | $-0.02 |
| EBITDA | $98.2M | $84.6M | $84.2M | $75.7M | $86.0M | $84.6M | $9.8M | $54.6M | $73.7M | $41.6M | $46.4M | $7.9M |
| Operating cash flow | $55.3M | $74.7M | $13.6M | -$44.9M | $51.4M | -$18.7M | $22.0M | -$18.6M | $24.5M | $20.4M | $17.4M | -$18.7M |
| Free cash flow | $42.8M | $41.7M | $6.2M | -$53.6M | $43.0M | -$28.8M | $13.7M | -$26.5M | $17.0M | $14.6M | $10.1M | -$27.8M |
| Diluted shares | 40.1M | 39.5M | 38.1M | 35.9M | 37.0M | 35.4M | 35.2M | 35.6M | 36.0M | 35.2M | 35.3M | 35.1M |
Balance sheet
| Period end | May 31 | Feb 28 | Nov 30 | Aug 31 | May 31 | Feb 28 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $84.0M | $78.5M | $75.6M | $80.0M | $96.5M | $84.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $893.9M | $888.3M | $952.7M | $1.02B | $968.0M | $1.02B |
| Total assets | $3.36B | $3.33B | $3.24B | $2.93B | $2.84B | $2.86B |
| Total liabilities | $1.65B | $1.69B | $1.68B | $1.68B | $1.63B | $1.68B |
| Shareholders' equity | $1.70B | $1.64B | $1.56B | $1.25B | $1.21B | $1.18B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology