# AAR Corp: overview

AIR · NYSE · CIK 1750 · [Industrials](/sectors/industrials.md) · fiscal year ends May 31

Pages: [Overview](/companies/air.md) · [Financials](/companies/air/financials.md) · [Filings](/companies/air/filings.md) · [Insiders](/companies/air/insiders.md)

Latest reported revenue: [$918.0m](/filings/0001104659-26-111786.md) for Q1 FY2027, three months to 2026-08-31, from the 10-Q filed Sep 29, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001104659-26-111786).

## Last eight quarters

| Line item | Unit | Q2 FY2025 (2024-11-30) | Q3 FY2025 (2025-02-28) | Q4 FY2025 (2025-05-31) | Q1 FY2026 (2025-08-31) | Q2 FY2026 (2025-11-30) | Q3 FY2026 (2026-02-28) | Q4 FY2026 (2026-05-31) | Q1 FY2027 (2026-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [686](/filings/0001104659-26-001420.md) | [678](/filings/0001104659-26-033973.md) | [755 d](/filings/0001104659-26-085459.md) | [740](/filings/0001104659-26-111786.md) | [795](/filings/0001104659-26-001420.md) | [845](/filings/0001104659-26-033973.md) | [928 d](/filings/0001104659-26-085459.md) | [918](/filings/0001104659-26-111786.md) |
| Gross margin | % | [18.7%](/filings/0001104659-26-001420.md) | [19.4%](/filings/0001104659-26-033973.md) | [19.9% d](/filings/0001104659-26-085459.md) | [18.1%](/filings/0001104659-26-111786.md) | [19.7%](/filings/0001104659-26-001420.md) | [18.3%](/filings/0001104659-26-033973.md) | [19.0% d](/filings/0001104659-26-085459.md) | [19.2%](/filings/0001104659-26-111786.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [(4.5%)](/filings/0001104659-26-001420.md) | [(1.3%)](/filings/0001104659-26-033973.md) | [4.5% d](/filings/0001104659-26-085459.md) | [4.7%](/filings/0001104659-26-111786.md) | [4.4%](/filings/0001104659-26-001420.md) | [8.0%](/filings/0001104659-26-033973.md) | [5.5% d](/filings/0001104659-26-085459.md) | [4.4%](/filings/0001104659-26-111786.md) |
| Diluted EPS | $ per share | [(0.87)](/filings/0001104659-26-001420.md) | [(0.25)](/filings/0001104659-26-033973.md) | not reported | [0.95](/filings/0001104659-26-111786.md) | [0.90](/filings/0001104659-26-001420.md) | [1.71](/filings/0001104659-26-033973.md) | not reported | [1.00](/filings/0001104659-26-111786.md) |
| Free cash flow | $m | [13.7 d](/filings/0001104659-26-001420.md) | [(27.2) d](/filings/0001104659-26-033973.md) | [41.4 d](/filings/0001104659-26-085459.md) | [(53.6)](/filings/0001104659-26-111786.md) | [6.2 d](/filings/0001104659-26-001420.md) | [66.2 d](/filings/0001104659-26-033973.md) | [43.3 d](/filings/0001104659-26-085459.md) | [44.0](/filings/0001104659-26-111786.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-05-31) | FY2023 (2023-05-31) | FY2024 (2024-05-31) | FY2025 (2025-05-31) | FY2026 (2026-05-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,820](/filings/0001104659-24-080890.md) | [1,991](/filings/0001410578-25-001475.md) | [2,319](/filings/0001104659-26-085459.md) | [2,781](/filings/0001104659-26-085459.md) | [3,308](/filings/0001104659-26-085459.md) |
| Gross margin | % | [17.2%](/filings/0001104659-24-080890.md) | [18.6%](/filings/0001410578-25-001475.md) | [19.1%](/filings/0001104659-26-085459.md) | [19.0%](/filings/0001104659-26-085459.md) | [18.8%](/filings/0001104659-26-085459.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [4.3%](/filings/0001104659-24-080890.md) | [4.5%](/filings/0001410578-25-001475.md) | [2.0%](/filings/0001104659-26-085459.md) | [0.4%](/filings/0001104659-26-085459.md) | [5.7%](/filings/0001104659-26-085459.md) |
| Diluted EPS | $ per share | [2.17](/filings/0001104659-24-080890.md) | [2.53](/filings/0001410578-25-001475.md) | [1.29](/filings/0001104659-26-085459.md) | [0.35](/filings/0001104659-26-085459.md) | [4.86](/filings/0001104659-26-085459.md) |
| Free cash flow | $m | [57.9](/filings/0001104659-24-080890.md) | [(6.2)](/filings/0001410578-25-001475.md) | [13.9](/filings/0001104659-26-085459.md) | [1.4](/filings/0001104659-26-085459.md) | [62.1](/filings/0001104659-26-085459.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/air/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2026-10-29 | [Lord Ellen M.](/insiders/1857165.md) | Director | Sale (S) | 4,341 | $104.6391 | $454.2k | [Form 4](/filings/0000001750-26-000108.md) |
| 2026-10-26 | [Holmes John McClain III](/insiders/1554880.md) | Chairman, President & CEO, Director, Officer | Sale (S) | 35,000 | $97.4051 | $3.4m | [Form 4](/filings/0000001750-26-000106.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $925.1m | 6,472,176 |  | Added +298,133 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $405.1m | 2,834,085 |  | Added +246,464 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $311.9m | 2,182,385 |  | Added +52,463 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $276.4m | 1,933,597 |  | Reduced −11,092 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $245.6m | 1,717,998 |  | Added +21,229 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $228.8m | 1,601,129 |  | Added +207,471 |
| [EARNEST PARTNERS LLC](/funds/1102578.md) | 2026-06-30 | $179.0m | 1,252,035 |  | Reduced −53,035 |
| [Capital Research Global Investors](/funds/1422848.md) | 2026-06-30 | $165.8m | 1,160,069 |  | Reduced −63,191 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $162.9m | 1,139,685 |  | Added +165,351 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $111.9m | 783,011 |  | Reduced −45,039 |

## Recent filings

[All 1,486 filings](/companies/air/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 08:07 ET | [8-K](/filings/0001104659-26-118987.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-118987 |
| 2026-10-26 | 09:34 ET | [8-K](/filings/0001104659-26-118655.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-118655 |
| 2026-09-29 | 12:51 ET | [10-Q](/filings/0001104659-26-111786.md) | Quarterly report, period 2026-08-31 | 0001104659-26-111786 |
| 2026-09-29 | 21:13 ET | [8-K](/filings/0001104659-26-111482.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-111482 |
| 2026-09-28 | 16:58 ET | [8-K](/filings/0001104659-26-111403.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-111403 |
| 2026-09-24 | 14:20 ET | [8-K](/filings/0001104659-26-110332.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001104659-26-110332 |
| 2026-08-04 | 11:16 ET | [DEF 14A](/filings/0001140361-26-031078.md) | Proxy statement, period 2026-09-23 | 0001140361-26-031078 |
| 2026-07-24 | 06:01 ET | [8-K](/filings/0001104659-26-086424.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001104659-26-086424 |
| 2026-07-22 | 17:36 ET | [10-K](/filings/0001104659-26-085459.md) | Annual report, period 2026-05-31 | 0001104659-26-085459 |
| 2026-07-21 | 16:36 ET | [8-K](/filings/0001104659-26-085429.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-085429 |

## Latest annual report

[Form 10-K for the fiscal year ended May 31, 2026](/filings/0001104659-26-085459.md), filed Jul 22, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1750
- Tickers: AIR
- Exchange: NYSE
- SIC code: 3720 Aircraft & Parts
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:14 ET. No prices; not investment advice.