# Air Industries Group: financial statements, quarterly

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)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/airi/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | period not labelled (2024-06-30) | 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 | [12.3](/filings/0001213900-24-098038.md) | [13.5 d](/filings/0001213900-25-031944.md) | [14.1](/filings/0001213900-25-043942.md) | [13.6](/filings/0001213900-25-076418.md) | [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) |
| Cost of revenue | $m | [11.1](/filings/0001213900-24-098038.md) | [11.3 d](/filings/0001213900-25-031944.md) | [12.2](/filings/0001213900-25-043942.md) | [10.9](/filings/0001213900-25-076418.md) | [10.6](/filings/0001213900-25-110811.md) | [12.5 d](/filings/0001213900-26-035731.md) | [10.1](/filings/0001213900-26-055772.md) | [10.6](/filings/0001213900-26-088334.md) | [8.0](/filings/0001213900-25-110811.md) | [11.0 d](/filings/0001213900-26-035731.md) | [9.0](/filings/0001213900-26-055772.md) | [9.5](/filings/0001213900-26-088334.md) |
| Gross profit | $m | [1.2](/filings/0001213900-24-098038.md) | [2.2 d](/filings/0001213900-25-031944.md) | [1.9](/filings/0001213900-25-043942.md) | [2.6](/filings/0001213900-25-076418.md) | [1.9](/filings/0001213900-25-110811.md) | [2.4 d](/filings/0001213900-26-035731.md) | [2.0](/filings/0001213900-26-055772.md) | [2.0](/filings/0001213900-26-088334.md) | [2.3](/filings/0001213900-25-110811.md) | [1.8 d](/filings/0001213900-26-035731.md) | [2.6](/filings/0001213900-26-055772.md) | [2.5](/filings/0001213900-26-088334.md) |
| Operating income | $m | [(0.8)](/filings/0001213900-24-098038.md) | [0.6 d](/filings/0001213900-25-031944.md) | [(0.3)](/filings/0001213900-25-043942.md) | [0.8](/filings/0001213900-25-076418.md) | [0.1](/filings/0001213900-25-110811.md) | [(0.1) d](/filings/0001213900-26-035731.md) | [(0.7)](/filings/0001213900-26-055772.md) | [0.0](/filings/0001213900-26-088334.md) | [0.3](/filings/0001213900-25-110811.md) | [0.1 d](/filings/0001213900-26-035731.md) | [(0.6)](/filings/0001213900-26-055772.md) | [(0.4)](/filings/0001213900-26-088334.md) |
| Interest expense | $m | [0.4](/filings/0001213900-24-098038.md) | [0.3 d](/filings/0001213900-25-031944.md) | [0.3](/filings/0001213900-25-043942.md) | [0.4](/filings/0001213900-25-076418.md) | [0.4](/filings/0001213900-25-110811.md) | [0.4 d](/filings/0001213900-26-035731.md) | [0.3](/filings/0001213900-26-055772.md) | [0.4](/filings/0001213900-26-088334.md) | [0.4](/filings/0001213900-25-110811.md) | [0.4 d](/filings/0001213900-26-035731.md) | [0.4](/filings/0001213900-26-055772.md) | [0.4](/filings/0001213900-26-088334.md) |
| Income tax | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | [0.0](/filings/0001213900-26-088334.md) |
| Net income | $m | [(1.3)](/filings/0001213900-24-098038.md) | [0.2 d](/filings/0001213900-25-031944.md) | [(0.7)](/filings/0001213900-25-110811.md) | [0.3](/filings/0001213900-25-110811.md) | [(0.4)](/filings/0001213900-25-110811.md) | [(0.6) d](/filings/0001213900-26-035731.md) | [(1.0)](/filings/0001213900-26-088334.md) | [(0.4)](/filings/0001213900-26-088334.md) | [(0.0)](/filings/0001213900-25-110811.md) | [0.1 d](/filings/0001213900-26-035731.md) | [(1.0)](/filings/0001213900-26-088334.md) | [(0.8)](/filings/0001213900-26-088334.md) |
| Diluted EPS | $ per share | [(0.40)](/filings/0001213900-24-098038.md) | not reported | [(0.21)](/filings/0001213900-25-043942.md) | [0.08](/filings/0001213900-25-076418.md) | [(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) |
| Basic EPS | $ per share | [(0.40)](/filings/0001213900-24-098038.md) | not reported | [(0.21)](/filings/0001213900-25-043942.md) | [0.09](/filings/0001213900-25-076418.md) | [(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) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | period not labelled (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | not reported | [0.3](/filings/0001213900-24-098038.md) | [0.2](/filings/0001213900-24-043567.md) | not reported | [0.2](/filings/0001213900-24-098038.md) | [0.8](/filings/0001213900-26-035731.md) | [0.3](/filings/0001213900-25-043942.md) | [0.5](/filings/0001213900-25-076418.md) | [0.1](/filings/0001213900-25-110811.md) | [0.7](/filings/0001213900-26-088334.md) | [0.3](/filings/0001213900-26-055772.md) | [0.7](/filings/0001213900-26-088334.md) |
| Current assets | $m | [37.9](/filings/0001213900-23-093662.md) | [38.7](/filings/0001213900-25-031944.md) | [38.3](/filings/0001213900-24-043567.md) | not reported | [38.6](/filings/0001213900-24-098038.md) | [39.2](/filings/0001213900-26-035731.md) | [36.4](/filings/0001213900-25-043942.md) | [38.1](/filings/0001213900-25-076418.md) | [45.8](/filings/0001213900-25-110811.md) | [46.8](/filings/0001213900-26-088334.md) | [48.2](/filings/0001213900-26-055772.md) | [49.0](/filings/0001213900-26-088334.md) |
| Total assets | $m | [49.7](/filings/0001213900-23-093662.md) | [50.7](/filings/0001213900-25-031944.md) | [50.3](/filings/0001213900-24-043567.md) | not reported | [50.4](/filings/0001213900-24-098038.md) | [51.0](/filings/0001213900-26-035731.md) | [48.4](/filings/0001213900-25-043942.md) | [50.4](/filings/0001213900-25-076418.md) | [58.0](/filings/0001213900-25-110811.md) | [58.3](/filings/0001213900-26-088334.md) | [59.2](/filings/0001213900-26-055772.md) | [59.2](/filings/0001213900-26-088334.md) |
| Current liabilities | $m | [25.6](/filings/0001213900-23-093662.md) | [26.6](/filings/0001213900-25-031944.md) | [26.7](/filings/0001213900-24-043567.md) | not reported | [26.8](/filings/0001213900-24-098038.md) | [27.4](/filings/0001213900-26-035731.md) | [26.1](/filings/0001213900-25-043942.md) | [28.4](/filings/0001213900-25-076418.md) | [37.6](/filings/0001213900-25-110811.md) | [37.6](/filings/0001213900-26-088334.md) | [38.6](/filings/0001213900-26-055772.md) | [39.7](/filings/0001213900-26-088334.md) |
| Total liabilities | $m | [34.8](/filings/0001213900-23-093662.md) | [35.5](/filings/0001213900-25-031944.md) | [35.7](/filings/0001213900-24-043567.md) | not reported | [35.7](/filings/0001213900-24-098038.md) | [36.1](/filings/0001213900-26-035731.md) | [33.1](/filings/0001213900-25-043942.md) | [35.1](/filings/0001213900-25-076418.md) | [39.1](/filings/0001213900-25-110811.md) | [39.1](/filings/0001213900-26-088334.md) | [40.1](/filings/0001213900-26-055772.md) | [41.1](/filings/0001213900-26-088334.md) |
| Long-term debt | $m | [1.2](/filings/0001213900-23-093662.md) | [1.1](/filings/0001213900-25-031944.md) | [1.5](/filings/0001213900-24-043567.md) | not reported | [1.7](/filings/0001213900-24-098038.md) | [1.8](/filings/0001213900-26-035731.md) | [1.7](/filings/0001213900-25-043942.md) | [1.6](/filings/0001213900-25-076418.md) | [1.5](/filings/0001213900-25-110811.md) | [1.5](/filings/0001213900-26-088334.md) | [1.5](/filings/0001213900-26-055772.md) | [1.4](/filings/0001213900-26-088334.md) |
| Current portion of debt | $m | [13.9](/filings/0001213900-23-093662.md) | [16.0](/filings/0001213900-25-031944.md) | [16.3](/filings/0001213900-24-043567.md) | not reported | [17.1](/filings/0001213900-24-098038.md) | [18.4](/filings/0001213900-26-035731.md) | [18.1](/filings/0001213900-25-043942.md) | [18.7](/filings/0001213900-25-076418.md) | [22.2](/filings/0001213900-25-110811.md) | [23.7](/filings/0001213900-26-088334.md) | [25.1](/filings/0001213900-26-055772.md) | [24.2](/filings/0001213900-26-088334.md) |
| Shareholders' equity | $m | [14.9](/filings/0001213900-24-098038.md) | [15.2](/filings/0001213900-26-035731.md) | [14.5](/filings/0001213900-25-110811.md) | [14.9](/filings/0001213900-25-110811.md) | [14.7](/filings/0001213900-25-110811.md) | [14.9](/filings/0001213900-26-088334.md) | [15.3](/filings/0001213900-26-088334.md) | [15.3](/filings/0001213900-26-088334.md) | [18.8](/filings/0001213900-25-110811.md) | [19.2](/filings/0001213900-26-088334.md) | [19.1](/filings/0001213900-26-088334.md) | [18.1](/filings/0001213900-26-088334.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue, us-gaap:Cash
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | period not labelled (2024-06-30) | 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) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $k | [5,687 d](/filings/0001213900-24-098038.md) | [(2,231) d](/filings/0001213900-25-031944.md) | [(232)](/filings/0001213900-25-043942.md) | [566 d](/filings/0001213900-25-076418.md) | [174 d](/filings/0001213900-25-110811.md) | [(184) d](/filings/0001213900-26-035731.md) | [1,525](/filings/0001213900-26-055772.md) | [345 d](/filings/0001213900-26-088334.md) | [(2,624) d](/filings/0001213900-25-110811.md) | [(598) d](/filings/0001213900-26-035731.md) | [(1,298)](/filings/0001213900-26-055772.md) | [1,523 d](/filings/0001213900-26-088334.md) |
| Capital expenditure | $k | [484 d](/filings/0001213900-24-098038.md) | [252 d](/filings/0001213900-25-031944.md) | [111](/filings/0001213900-25-043942.md) | [1,120 d](/filings/0001213900-25-076418.md) | [269 d](/filings/0001213900-25-110811.md) | [801 d](/filings/0001213900-26-035731.md) | [1,217](/filings/0001213900-26-055772.md) | [896 d](/filings/0001213900-26-088334.md) | [905 d](/filings/0001213900-25-110811.md) | [304 d](/filings/0001213900-26-035731.md) | [425](/filings/0001213900-26-055772.md) | [60.0 d](/filings/0001213900-26-088334.md) |
| Dividends paid | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: not reported

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | period not labelled (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | thousands of shares | [3,232](/filings/0001213900-23-093662.md) | [3,258](/filings/0001213900-24-043567.md) | [3,266](/filings/0001213900-23-068816.md) | [3,287](/filings/0001213900-24-098038.md) | [3,314](/filings/0001213900-25-043942.md) | [3,724](/filings/0001213900-25-076418.md) | [3,339](/filings/0001213900-25-110811.md) | [3,639](/filings/0001213900-26-055772.md) | [3,731](/filings/0001213900-26-088334.md) | [4,147](/filings/0001213900-25-110811.md) | [4,781](/filings/0001213900-26-055772.md) | [4,809](/filings/0001213900-26-088334.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 4,850,658 at 2026-08-11, from the cover of the [10-Q filed 2026-08-12](/filings/0001213900-26-088334.md) (dei:EntityCommonStockSharesOutstanding).

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