---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-043673"
form_type: "8-K"
ticker: "AIRI"
cik: "0001009891"
company_name: "AIR INDUSTRIES GROUP"
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T04:15:32.118528+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Air Industries Q1 sales down 13.7% to $12.1M; gross margin improves; net loss widens to $988K

## Summary
- Net sales $12.1M vs $14.1M in Q1 2024 (-13.7%); gross profit up 6.7% to $2.0M, gross margin 16.8% (+320 bps).
- Operating loss $746K vs $259K; net loss $988K vs $706K; driven by higher non-cash stock comp ($412K increase).
- Adjusted EBITDA improved 59.1% to $576K from $362K in prior-year quarter.
- Book-to-bill ratio 1.34x on TTM basis; funded backlog up $2.7M; total backlog exceeds $250M.
- CEO reaffirms confidence full-year 2025 results will exceed 2024.

## SEC filing metadata
- accession: 0001213900-25-043673
- form_type: 8-K
- ticker: AIRI
- cik: 0001009891
- company_name: AIR INDUSTRIES GROUP
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009891/000121390025043673/0001213900-25-043673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009891/000121390025043673/ea0242310-8k_airindust.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-043673
- JSON: https://secwatch.observer/filing/0001213900-25-043673.json
- Plain text: https://secwatch.observer/filing/0001213900-25-043673.txt

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