---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-085429"
form_type: "8-K"
ticker: "AIR"
cik: "0000001750"
company_name: "AAR CORP"
filed_at: "2026-07-21T20:36:54+00:00"
generated_at: "2026-07-21T20:39:06.096837+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AAR Q4 FY2026: sales $928M (+23% YoY), adj. EPS $1.53 (+32%), guides Q1 FY2027 sales growth 21-23%

## Summary
- Q4 sales $928M (+23% YoY); GAAP EPS $1.27; adj. EPS $1.53 (+32%); adj. EBITDA $116M (+27%)
- Full FY2026 sales $3.3B (+19%); adj. EPS $5.05 (+29%); adj. EBITDA $401M (+24%); adj. EBITDA margin 12.1%
- Guides Q1 FY2027: sales growth ex-LCP 21-23%, adj. EBITDA margin ex-LCP 12.25-12.75%; full year low double-digit to low teens sales growth
- Net leverage 2.03x; adjusted cash from ops $58M in Q4, $94M full year; wind-down of Legacy Commercial Programs announced
- Recent: $305M U.S. Navy C-40A follow-on contract; multi-year distribution deal with Woodward; launched AI procurement tool Airvoyant

## SEC filing metadata
- accession: 0001104659-26-085429
- form_type: 8-K
- ticker: AIR
- cik: 0000001750
- company_name: AAR CORP
- filed_at: 2026-07-21T20:36:54+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/1750/000110465926085429/0001104659-26-085429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750/000110465926085429/tm2620584d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-085429
- JSON: https://secwatch.observer/filing/0001104659-26-085429.json
- Plain text: https://secwatch.observer/filing/0001104659-26-085429.txt

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