# AAR CORP (AIR) FY2027 Q1 P&L / Income Statement

- Company: AAR CORP (AIR)
- Period: 2026-06-01 to 2026-08-31
- Filing: Q1 FY2027 10-Q, filed 2026-09-29, accession number 0001104659-26-111786
- Page: https://plicit.ai/financials/air/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/air-fy2027-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-06-01 through 2026-08-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Sales**: 918,000,000 US dollars
- **Cost of sales**: 741,700,000 US dollars
- **Gross profit**: 176,300,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 104,200,000 US dollars
- **Operating profit (calculated)**: 72,100,000 US dollars
- **Other income (expense), net (calculated)**: negative 16,700,000 US dollars
- **Income before income taxes**: 55,400,000 US dollars
- **Income tax expense**: 15,300,000 US dollars
- **Net income**: 40,100,000 US dollars
- **Products revenue**: 603,700,000 US dollars
- **Services revenue**: 314,300,000 US dollars
- **Products cost of revenue**: 486,000,000 US dollars
- **Services cost of revenue**: 255,700,000 US dollars
- **Selling, general, and administrative**: 107,000,000 US dollars
- **Earnings from joint ventures**: negative 2,800,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment by Product and Service

- Page: https://plicit.ai/financials/air/fy2027-q1-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/air-fy2027-q1-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2026-06-01 through 2026-08-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Sales**: 918,000,000 US dollars
- **Cost of sales**: 741,700,000 US dollars
- **Gross profit**: 176,300,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 104,200,000 US dollars
- **Operating profit (calculated)**: 72,100,000 US dollars
- **Other income (expense), net (calculated)**: negative 16,700,000 US dollars
- **Income before income taxes**: 55,400,000 US dollars
- **Income tax expense**: 15,300,000 US dollars
- **Net income**: 40,100,000 US dollars
- **Parts Supply**: 431,700,000 US dollars
- **Repair, Engineering, and Software**: 314,900,000 US dollars
- **Government Solutions - Government programs**: 106,000,000 US dollars
- **Government Solutions - Mobility Systems**: 32,800,000 US dollars
- **Legacy Commercial Programs - Component repair programs**: 63,100,000 US dollars
- **Legacy Commercial Programs - Distribution of C&E inventory**: 3,800,000 US dollars
- **Selling, general, and administrative**: 107,000,000 US dollars
- **Earnings from joint ventures**: negative 2,800,000 US dollars
- **Revenue before reconciliation (calculated)**: 952,300,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Components above reported revenue (calculated)**: negative 34,300,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Business Segment by Customer

- Page: https://plicit.ai/financials/air/fy2027-q1-income-statement/revenue-by-business-segment-by-customer
- Chart image: https://plicit.ai/charts/air-fy2027-q1-revenue-by-business-segment-by-customer-sankey.png

Income statement for 2026-06-01 through 2026-08-31. View: Business segment by customer. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Sales**: 918,000,000 US dollars
- **Cost of sales**: 741,700,000 US dollars
- **Gross profit**: 176,300,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 104,200,000 US dollars
- **Operating profit (calculated)**: 72,100,000 US dollars
- **Other income (expense), net (calculated)**: negative 16,700,000 US dollars
- **Income before income taxes**: 55,400,000 US dollars
- **Income tax expense**: 15,300,000 US dollars
- **Net income**: 40,100,000 US dollars
- **Government Solutions**: 138,800,000 US dollars
- **Legacy Commercial Programs**: 66,900,000 US dollars
- **Parts Supply - Commercial**: 325,400,000 US dollars
- **Parts Supply - Government and defense**: 89,400,000 US dollars
- **Repair, Engineering, and Software - Commercial**: 277,500,000 US dollars
- **Repair, Engineering, and Software - Government and defense**: 20,000,000 US dollars
- **Selling, general, and administrative**: 107,000,000 US dollars
- **Earnings from joint ventures**: negative 2,800,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/air/fy2027-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/air-fy2027-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-06-01 through 2026-08-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Sales**: 918,000,000 US dollars
- **Cost of sales**: 741,700,000 US dollars
- **Gross profit**: 176,300,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 104,200,000 US dollars
- **Operating profit (calculated)**: 72,100,000 US dollars
- **Other income (expense), net (calculated)**: negative 16,700,000 US dollars
- **Income before income taxes**: 55,400,000 US dollars
- **Income tax expense**: 15,300,000 US dollars
- **Net income**: 40,100,000 US dollars
- **Parts Supply**: 414,800,000 US dollars
- **Repair, Engineering, and Software**: 297,500,000 US dollars
- **Government Solutions**: 138,800,000 US dollars
- **Legacy Commercial Programs**: 66,900,000 US dollars
- **Selling, general, and administrative**: 107,000,000 US dollars
- **Earnings from joint ventures**: negative 2,800,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.