AAR CORP (AIR) FY2027 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-06-01 to 2026-08-31

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AAR CORP cash flow reconciliation, Jun 1, 2026 through Aug 31, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $40,100,000.00Accounts payable → Operating adjustments reconciliation: $42,100,000.00Rotable assets → Operating adjustments reconciliation: $27,500,000.00Depreciation and amortization → Operating adjustments reconciliation: $18,800,000.00Other → Operating adjustments reconciliation: $16,500,000.00Contract assets → Operating adjustments reconciliation: $13,300,000.00Stock-based compensation expense → Operating adjustments reconciliation: $7,800,000.00Amortization of financing costs → Operating adjustments reconciliation: $800,000.00Operating adjustments reconciliation → Net cash from operating activities: $15,700,000.00Operating adjustments reconciliation → Accounts receivable: $50,500,000.00Operating adjustments reconciliation → Inventories: $41,100,000.00Operating adjustments reconciliation → Prepaid expenses and other current assets: $15,400,000.00Operating adjustments reconciliation → Earnings from joint ventures: $2,800,000.00Operating adjustments reconciliation → Accrued and other liabilities: $1,300,000.00Other → investing reconciliation: $400,000.00investing reconciliation → Property, plant, and equipment expenditures: $11,800,000.00investing reconciliation → Investment: $7,500,000.00investing reconciliation → Acquisitions, net of cash acquired: $6,200,000.00investing reconciliation → Hangar expansion activity, net: $500,000.00Net cash used in financing activities → financing reconciliation: $24,900,000.00financing reconciliation → Short-term borrowings (repayments), net: $15,000,000.00financing reconciliation → Stock compensation activity: $9,900,000.00Net cash used in investing activities → investing reconciliation: $25,600,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $107,800,000.00Net cash from operating activities → Cash sources and uses: $55,800,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $113,100,000.00Cash sources and uses → Net cash used in investing activities: $25,600,000.00Cash sources and uses → Net cash used in financing activities: $24,900,000.00Other: $16,500,000.00Other working capital, net+$16.50 MAccrued and other liabilities: -$1,300,000.00Other accrued liabilities−$1.30 MAccounts payable: $42,100,000.00Accounts payable+$42.10 MRotable assets: $27,500,000.00Rotable assets+$27.50 MPrepaid expenses and other current assets: -$15,400,000.00Prepaid & other current, net−$15.40 MContract assets: $13,300,000.00Contract assets+$13.30 MInventories: -$41,100,000.00Inventories−$41.10 MAccounts receivable: -$50,500,000.00Accounts receivable−$50.50 MEarnings from joint ventures: -$2,800,000.00Equity-method results−$2.80 MStock-based compensation expense: $7,800,000.00Stock-based compensation+$7.80 MAmortization of financing costs: $800,000.00Debt issuance cost amortization+$800.00 KDepreciation and amortization: $18,800,000.00Depreciation & amortization+$18.80 MNet income: $40,100,000.00Net income+$40.10 MNet cash from operating activities: $55,800,000.00Operating cash+$55.80 MOperating adjustments reconciliation: $126,800,000.00Stock compensation activity: -$9,900,000.00Stock compensation activity−$9.90 MShort-term borrowings (repayments), net: -$15,000,000.00Short-term debt, net−$15.00 MNet cash used in financing activities: -$24,900,000.00. Cash required to fund net payments.Financing cash−$24.90 Mfinancing reconciliation: $24,900,000.00Property, plant, and equipment expenditures: -$11,800,000.00PP&E purchases−$11.80 MInvestment: -$7,500,000.00Investment purchases−$7.50 MAcquisitions, net of cash acquired: -$6,200,000.00Acquisitions, net of cash−$6.20 MHangar expansion activity, net: -$500,000.00Hangar expansion activity, net−$500.00 KOther: $400,000.00Other investing, net+$400.00 KNet cash used in investing activities: -$25,600,000.00. Cash required to fund net payments.Investing cash−$25.60 Minvesting reconciliation: $26,000,000.00Cash sources and uses: $163,600,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $107,800,000.00Beginning cash$107.80 MEnding cash: Cash, cash equivalents, and restricted cash: $113,100,000.00Ending cash$113.10 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$44.00 MOperating cash − cash spent on PP&ECash flow / Net income1.39×Operating cash flow ÷ net incomeNet cash change+$5.30 MEnding cash − beginning cash
Chart details

AAR CORP cash flow reconciliation, Jun 1, 2026 through Aug 31, 2026

Cash flows for Jun 1, 2026 through Aug 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: May 31, 2026. Ending cash: Aug 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on May 31, 2026
107,800,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
55,800,000 US dollars. Net cash provided.
Other
16,500,000 US dollars
Accrued and other liabilities
negative 1,300,000 US dollars
Accounts payable
42,100,000 US dollars
Rotable assets
27,500,000 US dollars
Prepaid expenses and other current assets
negative 15,400,000 US dollars
Contract assets
13,300,000 US dollars
Inventories
negative 41,100,000 US dollars
Accounts receivable
negative 50,500,000 US dollars
Earnings from joint ventures
negative 2,800,000 US dollars
Stock-based compensation expense
7,800,000 US dollars
Amortization of financing costs
800,000 US dollars
Depreciation and amortization
18,800,000 US dollars
Net income
40,100,000 US dollars
Investing activities
negative 25,600,000 US dollars. Net cash used.
Property, plant, and equipment expenditures
negative 11,800,000 US dollars
Investment
negative 7,500,000 US dollars
Acquisitions, net of cash acquired
negative 6,200,000 US dollars
Hangar expansion activity, net
negative 500,000 US dollars
Other
400,000 US dollars
Financing activities
negative 24,900,000 US dollars. Net cash used.
Stock compensation activity
negative 9,900,000 US dollars
Short-term borrowings (repayments), net
negative 15,000,000 US dollars
Operating adjustment reconciliation
126,800,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
24,900,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
26,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Aug 31, 2026
113,100,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
163,600,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
5,300,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.39×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
55,800,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
11,800,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
44,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $15.70M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 55,800,000 US dollars minus 11,800,000 US dollars equals 44,000,000 US dollars.
AAR CORP (AIR) FY2027 Q1 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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