# Air Industries Group: overview

AIRI · NYSE · CIK 1009891 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

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

Latest reported revenue: [$12.0m](/filings/0001213900-26-088334.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 12, 2026 (XBRL us-gaap:Revenues, accession 0001213900-26-088334).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [12.6](/filings/0001213900-25-110811.md) | [14.9 d](/filings/0001213900-26-035731.md) | [12.1](/filings/0001213900-26-055772.md) | [12.7](/filings/0001213900-26-088334.md) | [10.3](/filings/0001213900-25-110811.md) | [12.8 d](/filings/0001213900-26-035731.md) | [11.6](/filings/0001213900-26-055772.md) | [12.0](/filings/0001213900-26-088334.md) |
| Gross margin | % | [15.5%](/filings/0001213900-25-110811.md) | [16.4% d](/filings/0001213900-26-035731.md) | [16.8%](/filings/0001213900-26-055772.md) | [16.0%](/filings/0001213900-26-088334.md) | [22.3%](/filings/0001213900-25-110811.md) | [14.3% d](/filings/0001213900-26-035731.md) | [22.4%](/filings/0001213900-26-055772.md) | [20.7%](/filings/0001213900-26-088334.md) |
| Operating margin | % | [0.5%](/filings/0001213900-25-110811.md) | [(0.7%) d](/filings/0001213900-26-035731.md) | [(6.1%)](/filings/0001213900-26-055772.md) | [0.1%](/filings/0001213900-26-088334.md) | [3.1%](/filings/0001213900-25-110811.md) | [0.7% d](/filings/0001213900-26-035731.md) | [(4.9%)](/filings/0001213900-26-055772.md) | [(3.1%)](/filings/0001213900-26-088334.md) |
| Net margin | % | [(3.2%)](/filings/0001213900-25-110811.md) | [(3.7%) d](/filings/0001213900-26-035731.md) | [(8.1%)](/filings/0001213900-26-088334.md) | [(3.3%)](/filings/0001213900-26-088334.md) | [(0.4%)](/filings/0001213900-25-110811.md) | [1.2% d](/filings/0001213900-26-035731.md) | [(8.8%)](/filings/0001213900-26-088334.md) | [(7.1%)](/filings/0001213900-26-088334.md) |
| Diluted EPS | $ per share | [(0.12)](/filings/0001213900-25-110811.md) | not reported | [(0.27)](/filings/0001213900-26-055772.md) | [(0.11)](/filings/0001213900-26-088334.md) | [(0.01)](/filings/0001213900-25-110811.md) | not reported | [(0.21)](/filings/0001213900-26-055772.md) | [(0.18)](/filings/0001213900-26-088334.md) |
| Free cash flow | $m | [(0.1) d](/filings/0001213900-25-110811.md) | [(1.0) d](/filings/0001213900-26-035731.md) | [0.3](/filings/0001213900-26-055772.md) | [(0.6) d](/filings/0001213900-26-088334.md) | [(3.5) d](/filings/0001213900-25-110811.md) | [(0.9) d](/filings/0001213900-26-035731.md) | [(1.7)](/filings/0001213900-26-055772.md) | [1.5 d](/filings/0001213900-26-088334.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. 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:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [58.9](/filings/0001213900-23-040540.md) | [53.2](/filings/0001213900-24-033018.md) | [51.5](/filings/0001213900-25-031944.md) | [55.1](/filings/0001213900-26-035731.md) | [47.9](/filings/0001213900-26-035731.md) |
| Gross margin | % | [17.4%](/filings/0001213900-23-040540.md) | [14.0%](/filings/0001213900-24-033018.md) | [14.4%](/filings/0001213900-25-031944.md) | [16.2%](/filings/0001213900-26-035731.md) | [17.1%](/filings/0001213900-26-035731.md) |
| Operating margin | % | [4.2%](/filings/0001213900-23-040540.md) | [(0.4%)](/filings/0001213900-24-033018.md) | [(0.6%)](/filings/0001213900-25-031944.md) | [0.8%](/filings/0001213900-26-035731.md) | [(0.7%)](/filings/0001213900-26-035731.md) |
| Net margin | % | [2.8%](/filings/0001213900-23-040540.md) | [(2.0%)](/filings/0001213900-24-033018.md) | [(4.1%)](/filings/0001213900-25-031944.md) | [(2.5%)](/filings/0001213900-26-035731.md) | [(2.7%)](/filings/0001213900-26-035731.md) |
| Diluted EPS | $ per share | [0.45](/filings/0001213900-23-040540.md) | [(0.33)](/filings/0001213900-24-033018.md) | [(0.65)](/filings/0001213900-25-031944.md) | [(0.41)](/filings/0001213900-26-035731.md) | [(0.31)](/filings/0001213900-26-035731.md) |
| Free cash flow | $m | [2.7](/filings/0001213900-23-040540.md) | [(1.9)](/filings/0001213900-24-033018.md) | [2.7](/filings/0001213900-25-031944.md) | [(2.0)](/filings/0001213900-26-035731.md) | [(4.7)](/filings/0001213900-26-035731.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- 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/airi/insiders.md)

None in coverage.

## 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 |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $208.3k | 68,959 |  | Unchanged |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $130.3k | 43,124 |  | Added +6,429 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $92.8k | 30,745 |  | Reduced −1,308 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $81.3k | 26,929 |  | Added +2,602 |
| [Medallion Wealth Advisors, LLC](/funds/2131139.md) | 2026-06-30 | $70.9k | 23,486 |  | Unchanged |
| [XTX Topco Ltd](/funds/1828301.md) | 2026-06-30 | $64.7k | 21,423 |  | Reduced −1,308 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $58.6k | 19,412 |  | Unchanged |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $51.6k | 17,102 |  | New +17,102 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $48.7k | 16,121 |  | New +16,121 |
| [Steward Partners Investment Advisory, LLC](/funds/1723397.md) | 2026-06-30 | $4.8k | 1,600 |  | New +1,600 |

## Recent filings

[All 919 filings](/companies/airi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-24 | 20:30 ET | [8-K](/filings/0001213900-26-093066.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001213900-26-093066 |
| 2026-08-12 | 20:01 ET | [10-Q](/filings/0001213900-26-088334.md) | Quarterly report, period 2026-06-30 | 0001213900-26-088334 |
| 2026-08-03 | 12:44 ET | [8-K](/filings/0001213900-26-084279.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-084279 |
| 2026-07-09 | 20:45 ET | [8-K](/filings/0001213900-26-076769.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001213900-26-076769 |
| 2026-06-12 | 20:30 ET | [8-K](/filings/0001213900-26-068306.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001213900-26-068306 |
| 2026-05-28 | 21:45 ET | [SCHEDULE 13D/A](/filings/0001915673-26-000024.md) | Ownership report, active investor, amended | 0001915673-26-000024 |
| 2026-05-13 | 20:01 ET | [10-Q](/filings/0001213900-26-055772.md) | Quarterly report, period 2026-03-31 | 0001213900-26-055772 |
| 2026-03-27 | 21:21 ET | [10-K](/filings/0001213900-26-035731.md) | Annual report, period 2025-12-31 | 0001213900-26-035731 |
| 2026-03-23 | 15:29 ET | [SCHEDULE 13D](/filings/0001402258-26-000003.md) | Ownership report, active investor | 0001402258-26-000003 |
| 2026-03-20 | 11:00 ET | [8-K](/filings/0001213900-26-032061.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001213900-26-032061 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001213900-26-035731.md), filed Mar 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/545f9164-921c-4e72-9cfd-a69e9e072d5f)

## About the filer

- CIK: 1009891
- Tickers: AIRI
- Exchange: NYSE
- SIC code: 3728 Aircraft Parts & Auxiliary Equipment, NEC
- State of incorporation: NV
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:30 ET. No prices; not investment advice.
