secwatch.observer — SEC 8-K summary
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Issuer:     AAR CORP (AIR)
CIK:        0000001750
Form:       8-K
Filed at:   2026-07-21T20:36:54+00:00
Accession:  0001104659-26-085429
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750/000110465926085429/0001104659-26-085429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750/000110465926085429/tm2620584d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085429

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer