AIR
AAR Corp.81.49
-1.22-1.48%
Dec 16, 4:00:03 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
3.22BP/E (TTM)
101.86Basic EPS (TTM)
0.80Dividend Yield
0%Recent Filings
8-K
AAR names new CFO
AAR CORP. appointed Dylan Wolin as Senior VP and CFO effective February 23, 2026, replacing interim CFO Sarah Flanagan, who returns to VP Financial Operations. Wolin rejoins from Federal Signal after prior AAR roles in strategy and development; he'll get $500,000 pro-rated base, $300,000 sign-on bonus, and $840,000 in replacement RSAs. AAR reaffirms prior fiscal guidance. Leadership continuity strengthens execution.
10-Q
Q2 FY2026 results
AAR crushed Q2 FY2026 with sales jumping 15.9% y/y to $795.3M, fueled by Parts Supply's 29.2% surge from new distribution deals and the ADI acquisition (Sep 2025, $137.7M cash, $9.6M goodwill, $75.8M intangibles over 12.5/3 years). Operating income flipped to $67.0M from a $2.3M loss, gross margins climbing to 19.7%; diluted EPS hit $0.90, consistent with 38.1M shares. Acquisitions piled on—HAECO Americas (Nov 2025, $76.5M cash, no goodwill) and Aerostrat (Aug 2025, $20.1M cash/contingent, $12.3M goodwill)—while a $273.9M equity raise cut revolver debt to $260M/$555M available. Cash dipped to $75.6M amid $221.6M buys, operating cash -$31.3M. Strong demand persists, yet government contract cuts loom.
8-K
Q2 sales up 16%, acquisitions boost
AAR Corp. reported Q2 FY2026 sales of $795M, up 16% year-over-year with 12% organic growth, driven by 29% Parts Supply surge and acquisitions of ADI ($138M) and HAECO Americas ($77M). Adjusted EBITDA hit $97M, margins expanded to 12.1%, while net leverage fell to 2.49x. Acquisitions locked $850M in heavy maintenance contracts. Momentum builds.
8-K
AAR acquires interiors engineering firm
AAR CORP. announced a definitive agreement for its subsidiary to acquire Aircraft Reconfig Technologies from ZIM Aircraft Cabin Solutions for $35 million in cash, subject to adjustments. The deal bolsters AAR's Repair & Engineering segment with interiors expertise, FAA certifications, and an ODA designation, cutting third-party reliance. Closing eyed for Q4 FY2026. Accretive to margins and earnings.
8-K
CFO resigns; interim named
AAR Corp. CFO Sean Gillen resigned December 1, 2025, effective December 11, to chase a role outside aviation—no disagreements cited. Sarah Flanagan, VP Financial Operations since 2017 with prior Honeywell stints, steps in as interim CFO. Smooth handoff: Gillen stays through December 19. Leadership continuity holds amid strategy execution.
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