Air Industries Group FY2025 net sales drop 13.04% to $48 million; other income, net jumps more than 10x to $1 million
Air Industries Group AIRI | 3.23 | -0.31% |
- Air Industries published its annual report (Form 10-K) reporting net sales of USD 47.9 million, down 13.04%, primarily due to timing and changes in product mix requested and delivered.
- Gross profit was USD 8.2 million and gross margin was 17.1%, up 0.9 percentage points, attributed to platform sales mix shifts, product mix changes, and cost reductions.
- Net loss was USD 1.3 million compared with the prior year, while operating expenses were USD 8.5 million, up 0.61%.
- Operating cash flow was a use of USD 1.4 million versus the prior year, driven by a USD 5.5 million inventory increase for deliveries expected in 2026.
- Management said it is focused in 2026 on securing new contract awards, improving operations, and completing the merger agreement with Tenax, with total unfilled contract values of USD 270.1 million including USD 136.8 million in backlog and potential LTA orders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air Industries Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-035731), on March 27, 2026, and is solely responsible for the information contained therein.
