AAR Corp
AIR
$82.70 -1.30%
Exchange: NYSE | Sector: Industrials | Industry: Aerospace Defense
Q1 2025
Published: Sep 24, 2024

Earnings Highlights

  • Revenue of $661.70M up 20.4% year-over-year
  • EPS of $0.50 increased by 3% from previous year
  • Gross margin of 17.7%
  • Net income of 18.00M
  • ""We expect the benefit from these investments to continue throughout our fiscal 2025."" - John Holmes
AIR
AAR Corp

Executive Summary

In the first quarter of fiscal 2025, AAR Corp reported robust revenue growth of 20% year-over-year, reaching $661.7 million, driven by strong performance across its commercial and government sectors. This significant increase was attributed to strategic acquisitions, particularly in the areas of parts supply and integrated solutions. The company also demonstrated impressive margin expansion, with adjusted operating margins increasing by 180 basis points to 9.1%, indicating effective cost management and operational efficiency. AAR is well-positioned to capitalize on the increasing demand for aftermarket services in a recovering market, with expectations of continued growth momentum in the coming quarters.
CEO John Holmes emphasized on the earnings call that, "We are benefiting from structural tailwinds, elevated levels of air travel, and an aging fleet which drives demand for our aftermarket services," underscoring AAR's strategic focus areas.

Key Performance Indicators

Revenue
Increasing
661.70M
QoQ: 0.79% | YoY: 20.37%
Gross Profit
Increasing
117.20M
17.71% margin
QoQ: -7.93% | YoY: 15.70%
Operating Income
Increasing
43.40M
QoQ: 33.13% | YoY: 71.54%
Net Income
Increasing
18.00M
QoQ: 97.80% | YoY: 3 100.00%
EPS
Increasing
0.51
QoQ: 96.15% | YoY: 3 047.98%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 739.60 0.95 +12.7% View
Q3 2025 678.20 -0.25 +19.6% View
Q2 2025 686.10 -0.51 +25.8% View
Q1 2025 661.70 0.50 +20.4% View
Q4 2024 656.50 0.25 +18.7% View