---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-092548"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2025-09-23T23:59:59+00:00"
generated_at: "2026-05-17T05:53:29.848974+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AAR Q1 FY2026 sales up 12% to $740M; adjusted EPS $1.08 (+27%); margins expand

## Summary
- GAAP EPS $0.95; adjusted diluted EPS $1.08 vs $0.85 last year; net income $34.4M
- Adjusted EBITDA $87M (+18%), margin 11.7% from 11.3%; operating margin 8.8% from 6.6%
- Parts Supply sales up 27% organically; commercial sales 71% of total
- Acquired Aerostrat for $15M plus up to $5M contingent; expanded Trax with JetBlue, new defense contract with AmSafe Bridport
- Operating cash flow used $44.9M; net debt $950M, net leverage 2.82x

## SEC filing metadata
- accession: 0001104659-25-092548
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2025-09-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750/000110465925092548/0001104659-25-092548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465925092548/tm2526233d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-092548
- JSON: https://secwatch.observer/filing/0001104659-25-092548.json
- Plain text: https://secwatch.observer/filing/0001104659-25-092548.txt

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