AIRI
Air Industries Group
NYSE MKT: AIRI · INDUSTRIALS · AEROSPACE & DEFENSE
$3.14
+1.95% today
Updated 2026-04-29
Market cap
$15.01M
P/E ratio
—
P/S ratio
0.31x
EPS (TTM)
$-0.31
Dividend yield
—
52W range
$3 – $4
Volume
0.1M
Air Industries Group (AIRI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $33.05M | $46.07M | $38.69M | $38.69M | $48.60M | $53.74M | $64.22M | $62.83M | $64.33M | $80.44M | $66.92M | $49.87M | $46.31M | $54.57M | $50.10M | $58.94M | $53.24M | $51.52M | $55.11M | $47.90M |
| Revenue growth (YoY) | — | +39.4% | -16.0% | +0.0% | +25.6% | +10.6% | +19.5% | -2.2% | +2.4% | +25.0% | -16.8% | -25.5% | -7.1% | +17.8% | -8.2% | +17.6% | -9.7% | -3.2% | +7.0% | -13.1% |
| Cost of revenue | $28.00M | $33.34M | $29.63M | $29.63M | $41.13M | $42.82M | $49.36M | $47.60M | $50.23M | $63.16M | $60.20M | $45.00M | $40.90M | $45.43M | $43.59M | $48.69M | $45.79M | $44.09M | $46.18M | $40.41M |
| Gross profit | $5.04M | $12.73M | $9.06M | $9.06M | $7.47M | $10.93M | $14.86M | $15.23M | $14.10M | $17.28M | $6.72M | $4.87M | $5.41M | $9.14M | $6.51M | $10.25M | $7.45M | $7.43M | $8.93M | $7.51M |
| Gross margin | 15.3% | 27.6% | 23.4% | 23.4% | 15.4% | 20.3% | 23.1% | 24.2% | 21.9% | 21.5% | 10.0% | 9.8% | 11.7% | 16.8% | 13.0% | 17.4% | 14.0% | 14.4% | 16.2% | 15.7% |
| R&D | — | — | — | — | — | — | $459000.00 | $430000.00 | $375000.00 | $341000.00 | $362000.00 | $423000.00 | $668000.00 | — | — | — | — | — | — | — |
| SG&A | $4.39M | $9.89M | — | — | — | $6.55M | $8.79M | $10.53M | $11.96M | $16.36M | $14.22M | $11.23M | $8.16M | $8.40M | $7.86M | $7.63M | $6.94M | $7.64M | $8.41M | — |
| Operating income | $651456.00 | $28.04M | $-957000.00 | $-5.61M | $552000.00 | $4.38M | $5.98M | $4.61M | $1.74M | $626000.00 | $-10.13M | $-12.76M | $-4.91M | $328000.00 | $-1.44M | $2.49M | $-194000.00 | $-295000.00 | $459000.00 | $-338000.00 |
| Operating margin | 2.0% | 60.9% | -2.5% | -14.5% | 1.1% | 8.1% | 9.3% | 7.3% | 2.7% | 0.8% | -15.1% | -25.6% | -10.6% | 0.6% | -2.9% | 4.2% | -0.4% | -0.6% | 0.8% | -0.7% |
| EBITDA | $1.79M | $29.34M | $-12.24M | $-3.17M | $3.46M | $6.79M | $8.09M | $7.78M | $5.12M | $5.08M | $-6.10M | $-9.25M | $-1.76M | $3.60M | $1.13M | $6.19M | $3.33M | $2.75M | $3.45M | $10.86M |
| EBITDA margin | 5.4% | 63.7% | -31.6% | -8.2% | 7.1% | 12.6% | 12.6% | 12.4% | 8.0% | 6.3% | -9.1% | -18.5% | -3.8% | 6.6% | 2.3% | 10.5% | 6.3% | 5.3% | 6.3% | 22.7% |
| EBIT | $1.19M | $28.04M | $-14.51M | $-5.43M | $1.52M | $4.54M | $5.84M | $4.91M | $1.59M | $724000.00 | $-10.27M | $-12.89M | $-4.63M | $603000.00 | $-1.44M | $2.89M | $262000.00 | $-211000.00 | $527000.00 | $8.10M |
| Interest expense | $1.04M | $1.58M | $0.00 | $2.78M | $3.79M | $2.10M | $1.84M | $1.34M | $1.29M | $1.86M | $2.50M | $3.38M | $3.92M | $3.56M | $1.49M | $1.26M | $1.34M | $1.92M | $1.89M | $1.84M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-337000.00 | $627900.00 | $-16.54M | $-16.54M | $540000.00 | $2.25M | $2.55M | $3.74M | $667000.00 | $-832000.00 | $-15.62M | $-22.55M | $-10.99M | $-2.73M | $1.10M | $1.63M | $-1.08M | $-2.13M | $-1.37M | $-1.30M |
| Net income growth (YoY) | — | +286.3% | -2734.7% | +0.0% | +103.3% | +316.1% | +13.4% | +46.7% | -82.2% | -224.7% | -1777.8% | -44.3% | +51.3% | +75.1% | +140.1% | +48.4% | -166.1% | -98.0% | +35.9% | +4.5% |
| Profit margin | -1.0% | 1.4% | -42.8% | -42.8% | 1.1% | 4.2% | 4.0% | 6.0% | 1.0% | -1.0% | -23.3% | -45.2% | -23.7% | -5.0% | 2.2% | 2.8% | -2.0% | -4.1% | -2.5% | -2.7% |