Air Industries Group financials
$2.55−3.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.9M | $55.1M | $51.5M | $53.2M | $58.9M | $50.1M | $54.6M | $44.5M | $49.9M | $51.3M |
| Gross profit | $8.2M | $8.9M | $7.4M | $7.5M | $10.3M | $6.5M | $9.1M | $5.4M | $4.9M | $4.3M |
| Gross margin | 17.1% | 16.2% | 14.4% | 14.0% | 17.4% | 13.0% | 16.8% | 12.2% | 9.8% | 8.3% |
| Operating income | -$338.0K | $459.0K | -$295.0K | -$194.0K | $2.5M | -$1.4M | $328.0K | -$4.9M | -$12.8M | -$10.1M |
| Net income | -$1.3M | -$1.4M | -$2.1M | -$1.1M | $1.6M | $1.1M | -$2.7M | -$11.0M | -$22.6M | -$15.6M |
| Net margin | −2.7% | −2.5% | −4.1% | −2.0% | 2.8% | 2.2% | −5.0% | −24.7% | −45.2% | −30.4% |
| Diluted EPS | $-0.31 | $-0.41 | $-0.65 | $-0.33 | $0.45 | $0.40 | $-0.90 | $-4.10 | $-17.00 | $-20.60 |
| EBITDA | $2.2M | $2.5M | $2.1M | $2.3M | $5.8M | $1.1M | $3.3M | $675.0K | -$2.7M | -$4.9M |
| Operating cash flow | -$1.4M | $324.0K | $4.9M | $448.0K | $4.1M | -$1.5M | -$888.0K | -$1.2M | -$3.9M | -$542.0K |
| Free cash flow | -$4.7M | -$2.0M | $2.7M | -$1.9M | $2.7M | -$5.3M | -$1.7M | -$3.0M | -$6.4M | -$3.1M |
| Diluted shares | 4.2M | 3.3M | 3.3M | 3.2M | 3.6M | 3.7M | 2.9M | 2.7M | 1.3M | 0.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $680.0K | $753.0K | $346.0K | $281.0K | $627.0K | $2.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $25.2M | $20.1M | $17.1M | $25.3M | $23.4M | $21.3M |
| Total assets | $58.3M | $51.0M | $50.7M | $53.8M | $53.4M | $57.8M |
| Total liabilities | $39.1M | $36.1M | $35.5M | $37.0M | $36.0M | $42.7M |
| Shareholders' equity | $19.2M | $14.9M | $15.2M | $16.8M | $17.4M | $15.1M |
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