# AAR (AIR) — Earnings

AIR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/air/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q1 2027 |
| Period end | Aug 31, 2026 |
| EPS actual | $1.49 |
| EPS estimate | $1.29 |
| EPS surprise | +15.63% |
| Revenue surprise | +4.19% |
| Revenue | $918.0M |
| Revenue estimate | $881.1M |
| Reported | Sep 28, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1750/000110465926111786/air-20260831x10q.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/bc38cf36-835a-b846-4e5b-e36fee5d3e47.html) |

AAR reported fiscal Q1 2027 results on September 28, 2026. Earnings per share were $1.49, 15.63% above the $1.29 estimate. Revenue of $918.0 million beat the $881.1 million consensus by about 4.2%. Compared with fiscal Q1 2026, EPS rose about 38% from $1.08 and revenue rose about 24% from $739.6 million.

The table shows steady growth. Annual EPS rose from $2.40 in fiscal 2022 to $2.88 in 2023, $3.32 in 2024 and $3.90 in 2025, about 62.5% higher over three years. Revenue grew from $1.82 billion to $2.78 billion over the same span. The table has no row for fiscal Q2 2026, so no full-year total is given for fiscal 2026. Fiscal Q4 2026 set the highs in the table at $1.53 per share and $928.0 million. AAR beat the EPS estimate in 19 of the 20 quarters shown. The only miss was fiscal Q2 2022, at 2.45% below.

AAR reported fiscal Q2 between December 20 and January 7 in each of the past four years shown. That points to late December 2026 or early January 2027 for the next report. It will show whether revenue stays above $900 million a quarter.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q1 2027 | Sep 28, 2026 | $1.29 | $1.49 | 15.63% | $881.1M | $918.0M |
| Q4 2026 | Jul 21, 2026 | $1.38 | $1.53 | 10.53% | $893.0M | $928.0M |
| Q3 2026 | Mar 24, 2026 | $1.15 | $1.25 | 8.29% | $812.6M | $845.1M |
| Q1 2026 | Sep 23, 2025 | $0.98 | $1.08 | 9.76% | $689.3M | $739.6M |
| Q4 2025 | Jul 16, 2025 | $1.00 | $1.16 | 16.00% | $695.3M | $754.5M |
| Q3 2025 | Mar 27, 2025 | $0.96 | $0.99 | 2.70% | $699.0M | $678.2M |
| Q2 2025 | Jan 7, 2025 | $0.85 | $0.90 | 5.88% | $654.2M | $686.1M |
| Q1 2025 | Sep 23, 2024 | $0.82 | $0.85 | 3.66% | $645.6M | $661.7M |
| Q4 2024 | Jul 18, 2024 | $0.86 | $0.88 | 2.53% | $660.0M | $656.5M |
| Q3 2024 | Mar 21, 2024 | $0.84 | $0.85 | 1.67% | $569.7M | $567.3M |
| Q2 2024 | Dec 21, 2023 | $0.80 | $0.81 | 1.57% | $557.0M | $545.4M |
| Q1 2024 | Sep 26, 2023 | $0.71 | $0.78 | 10.64% | $507.9M | $549.7M |
| Q4 2023 | Jul 18, 2023 | $0.78 | $0.83 | 6.75% | $525.9M | $553.3M |
| Q3 2023 | Mar 21, 2023 | $0.70 | $0.75 | 6.64% | $487.4M | $521.1M |
| Q2 2023 | Dec 20, 2022 | $0.68 | $0.69 | 1.85% | $461.7M | $469.8M |
| Q1 2023 | Sep 22, 2022 | $0.57 | $0.61 | 6.40% | $455.1M | $446.4M |
| Q4 2022 | Jul 21, 2022 | $0.67 | $0.72 | 7.46% | $461.9M | $474.9M |
| Q3 2022 | Mar 22, 2022 | $0.58 | $0.63 | 8.01% | $443.7M | $452.0M |
| Q2 2022 | Dec 21, 2021 | $0.54 | $0.53 | -2.45% | $454.5M | $434.1M |
| Q1 2022 | Sep 23, 2021 | $0.49 | $0.52 | 6.12% | $439.3M | $455.1M |

## Frequently Asked Questions

### When did AAR (AIR) last report earnings?

AAR last reported on Sep 28, 2026, covering fiscal Q1 2027.

### Did AIR beat earnings estimates?

Yes. AAR reported EPS of $1.49 for Q1 2027 against a $1.29 estimate — a 15.63% beat.

### How much revenue did AIR report last quarter?

AAR reported $918.0M in revenue for Q1 2027, against a consensus estimate of $881.1M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).