Business
AAR reports third quarter fiscal year 2026 results
AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fiscal year 2026 third quarter ended February 28, 2026.
About this update from Aar Corp.
[{"type":"text","content":"WOOD DALE, Ill., March 24, 2026 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, reported today financial results for the fiscal year 2026 third quarter ended February 28, 2026.","length":261,"tagName":"p"},{"type":"text","content":"THIRD QUARTER FISCAL YEAR 2026 HIGHLIGHTS(As compared to Q3 FY2025)","length":68,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Sales of $845 million; increased 25%","length":36,"tagName":"p"}]},{"val":[{"type":"text","content":"GAAP diluted EPS of $1.71","length":25,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted diluted EPS of $1.25; increased 26%","length":44,"tagName":"p"}]},{"val":[{"type":"text","content":"GAAP Net income of $68 million","length":30,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $102 million; increased 26%","length":46,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA margin increased to 12.1% from 12.0%","length":52,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":233,"olType":false},{"type":"text","content":""AAR delivered another outstanding quarter, continuing our momentum. Total sales were up 25%, including 14% organic adjusted sales growth," stated John M. Holmes, AAR's Chairman, President and CEO. "We saw growth across each of our parts, repair, and software platform activities in the quarter. Our Parts Supply segment grew 45% led by 36% organic growth in our new parts Distribution activity. Within new parts Distribution we saw 55% organic growth in sales to our government customers. Our Repair & Engineering business also reported strong sales growth in the period on continued volume increases in our hangars and component repair facilities, while Trax results showcased further expansion of its recurring software revenue.","length":754,"tagName":"p","attribs":{}},{"type":"text","content":""Our continued strong revenue growth translated to an adjusted EBITDA increase of 26% in the quarter, and we expanded our adjusted EBITDA margins from 12.0% to 12.1% year over year. We expect continued margin expansion as we shift our sales mix to higher margin offerings as well as realize synergies from our recent acquisitions.","length":335,"tagName":"p","attribs":{}},{"typ...