Air Industries Group
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Air Industries Group (AIRI) investor relations material

Air Industries Group Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary9 Nov, 2026

Executive summary

  • Q3 2026 net sales rose 41.1% YoY to $14.6M, gross margin improved 330 bps to 25.5%, and net income was $946K versus a $44K loss.

  • For 9M 2026, GAAP net loss narrowed to $902K from $1.454M; excluding merger costs and stock compensation, net income was $1.7M, or $0.35/share.

Financial highlights

  • Q3 gross profit increased 61.4% YoY to $3.7M; operating income rose to $1.299M from $316K.

  • Q3 diluted EPS was $0.19 versus a $0.01 loss; excluding merger costs and stock compensation, pro forma EPS was $0.31 versus $0.03.

  • 9M sales increased 8.7% YoY to $38.2M; gross profit rose 38.3% to $8.8M, and gross margin increased 490 bps to 23.0%.

  • 9M operating income was $368K versus a $422K loss; diluted loss/share improved to $0.19 from $0.36.

  • 9M operating expenses included $2.6M of merger-related and stock-compensation costs; excluding these items, expenses declined 3.7%.

Outlook and guidance

  • Improved financial performance is expected to continue in Q4 2026 and into 2027.

  • October 2026 sales were $5.6M, consistent with or above the Q3 monthly revenue pace; firm customer-order backlog totaled $95.4M.

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Frequently asked questions

Air Industries Group is an aerospace and defense company specializing in the design, manufacture, and sale of structural parts and assemblies for mission-critical applications. The company operates through two primary segments: Complex Machining and Turbine and Engine Component. The Complex Machining segment produces critical components such as aircraft landing and arresting gears, engine mounts, flight controls, and throttle quadrants. Meanwhile, the Turbine and Engine Component segment focuses on manufacturing parts for aircraft jet engines and ground-power turbines. The company is headquartered in Bay Shore, New York, with its shares listed on the NYSE.