---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-028807"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2025-03-27T23:59:59+00:00"
generated_at: "2026-05-24T03:59:53.247884+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AAR Q3 FY2025 adjusted EPS $0.99 (+16%); sales $678M (+20%); GAAP loss on $63.7M charge

## Summary
- Adjusted diluted EPS $0.99 vs $0.85 YoY; GAAP net loss $8.9M ($0.25 loss per share) due to $63.7M charge on landing gear divestiture.
- Sales $678M (+20%); Parts Supply +12%, Repair & Engineering +53% YoY; commercial 72% of sales.
- Adjusted EBITDA $81M (+39%), margin 12.0% up from 10.3%; adjusted operating margin 9.7% vs 8.3%.
- Landing Gear Overhaul divestiture for $51M expected Q4 FY2025; new agreements with Chromalloy, Unison (DLA), and Cathay Pacific (Trax).
- Net debt $947.6M, net leverage 3.06x (down from 3.58x); FCPA settlement of $56M paid in quarter.

## SEC filing metadata
- accession: 0001104659-25-028807
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2025-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750/000110465925028807/0001104659-25-028807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465925028807/tm259690d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-028807
- JSON: https://secwatch.observer/filing/0001104659-25-028807.json
- Plain text: https://secwatch.observer/filing/0001104659-25-028807.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.