Air Industries Group
AIRI NYSE· Aircraft Parts & Auxiliary Equipment, Nec
Last close · Oct 26, 2026
$2.55
KIRA · Stoqly’s AI analyst, in plain words
- Air Industries Group had $47.9M of revenue in fiscal 2025, down 13.0% on the year before. Over five years, revenue changed −0.9% a year on average.
- Its operating margin was −0.7%, down 1.5 pts: of every 100 in sales, about −1 is left after running the business.
- Air Industries Group lost $1.3M in fiscal 2025.
- Free cash flow was −$4.7M in fiscal 2025, −9.8% of revenue.
- Air Industries Group owes $25.8M more than it holds in cash, about 11.9 years of operating profit.
Market cap
$12.3M
P/E
—
Revenue
$47.9M
Net income
−$1.3M
Free cash flow
−$4.7M
Operating margin
−0.7%
Air Industries Group in 30 seconds · fiscal 2025
Are sales growing?
−13.0%
No. Sales fell 13.0% last year.
Does it make a profit?
−2.7%
No. It lost money last year.
Does profit turn into cash?
−9.8%
No. It spent more cash than it brought in.
Is debt under control?
11.9x
Heavy. Repaying its debt would take 11.9 years of operating profit.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Air Industries Group does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 27, 2026
- Legal name
- AIR INDUSTRIES GROUP
- CIK
- 0001009891
Air Industries Group · AIRI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $58.9M | $53.2M | $51.5M | $55.1M | $47.9M |
| Revenue growth | 17.6% | −9.7% | −3.2% | 7.0% | −13.0% |
| Gross margin | 17.4% | 14.0% | 14.4% | 16.2% | 17.1% |
| Operating margin | 4.2% | −0.4% | −0.6% | 0.8% | −0.7% |
| Net income | $1.6M | −$1.1M | −$2.1M | −$1.4M | −$1.3M |
| Net margin | 2.8% | −2.0% | −4.1% | −2.5% | −2.7% |
| Diluted EPS | $0.45 | −$0.33 | −$0.65 | −$0.41 | −$0.31 |
| Cash | |||||
| Cash from operations | $4.1M | $0.4M | $4.9M | $0.3M | −$1.4M |
| Capital expenditure | $1.4M | $2.4M | $2.1M | $2.3M | $3.3M |
| Free cash flow | $2.7M | −$1.9M | $2.7M | −$2.0M | −$4.7M |
| FCF margin | 4.6% | −3.6% | 5.3% | −3.6% | −9.8% |
| Share count change | −90.1% | −11.4% | 1.6% | 1.8% | 26.4% |
| Debt and strength | |||||
| Cash and short-term investments | $0.6M | $0.3M | $0.3M | $0.8M | $4.6M |
| Debt incl. finance leases | $23.4M | $33.6M | $22.0M | $24.6M | $30.4M |
| Shareholders' equity | $17.4M | $16.8M | $15.2M | $14.9M | $19.2M |
| Net debt / EBITDA | 4.3x | 14.3x | 11.0x | 9.4x | 11.9x |
| Current ratio | 1.7x | 1.8x | 1.5x | 1.4x | 1.2x |
| Interest coverage | 3.5x | −0.2x | −0.2x | 0.3x | −0.2x |
| Returns and quality | |||||
| Return on capital | 4.9% | −0.3% | −0.6% | 1.0% | −0.6% |
| Return on equity | 10.0% | −6.3% | −13.3% | −9.1% | −7.6% |
| Return on tangible equity | 9.4% | −6.4% | −14.0% | −9.1% | −6.8% |
| Piotroski F-score | 8 | 4 | 5 | 5 | 2 |
| Altman Z'' | −1.0 | −1.3 | −2.4 | −2.4 | −2.4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Air Industries Group · AIRI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.55 a share, the company is worth $12.3M.
Source: SEC EDGAR XBRL filings (CIK 0001009891). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.