AAR Q1 sales rise 12% to $739.6 million; GAAP EPS $0.95 vs $0.50 a year earlier
AAR CORP. reported results for the fiscal 2026 first quarter ended August 31, 2025. Sales rose 12% to $739.6 million, GAAP diluted EPS was $0.95 versus $0.50, and adjusted diluted EPS rose 27% to $1.08. Operating cash flow was negative $44.9 million, compared with negative $18.6 million a year earlier, and net debt was $950.0 million.
Key points
- Sales of $739.6 million, up from $661.7 million; Parts Supply sales were $317.8 million versus $249.7 million
- GAAP net income of $34.4 million, or $0.95 per diluted share, versus $18.0 million, or $0.50, a year earlier
- Cash used in operating activities was $44.9 million versus $18.6 million; net debt was $950.0 million and net leverage 2.82x
- After the quarter ended, AAR was awarded a Defense Logistics Agency Troop Support contract for up to $85 million
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 23, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.