AAR CORP

For the period ended May 31, 2026. Filed Jul 22, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Jul 22, 2026

AIR$115.61-0.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income


· · For the Year Ended May 31,
· · 2026 · · 2025 · · 2024
· · (In millions, except per share data)
Sales:
Sales from products	$2,138.4	$1,712.3	$1,387.1
Sales from services	1,169.6	1,068.2	931.8
	3,308.0	2,780.5	2,318.9
Costs and operating expenses:
Cost of products	1,742.2	1,388.9	1,096.7
Cost of services	943.8	863.9	779.9
	2,686.0	2,252.8	1,876.6
Gross profit	622.0	527.7	442.3
Provision for credit losses	2.1	0.2	0.7
Selling, general and administrative	349.3	347.7	312.2
Earnings (Loss) from joint ventures	7.2	5.4	(0.2)
Operating income	277.8	185.2	129.2
Bargain purchase gain	29.5	—	—
Gain on sale of headquarters building	9.8	—	—
Pension settlement charge	—	—	(26.7)
Gain (Loss) related to sale and exit of businesses	1.4	(72.4)	(2.8)
Other expense, net	(2.1)	(0.3)	(0.4)
Interest expense	(72.1)	(75.4)	(43.2)
Interest income	1.6	1.8	2.2
Income before income taxes	245.9	38.9	58.3
Income tax expense	58.2	26.4	12.0
Net income	$187.7	$12.5	$46.3

Earnings per share – basic	$4.88	$0.35	$1.30
Earnings per share – diluted	$4.86	$0.35	$1.29

Shares used for earnings per share:
Weighted average shares outstanding – basic	38.3	35.6	35.1
Weighted average shares outstanding – diluted	38.4	35.8	35.4

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.