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Aar (AIR) Operating Expenses (2009 - 2026)

Aar recorded quarterly Operating Expenses of $89.8 million in Q1 2026, up 1.24% quarter-over-quarter from $88.7 million in Q4 2025, and up 46.49% year-over-year from $61.3 million in Q1 2025.

Aar's Operating Expenses history runs 18 years deep, the most recent figure standing at $89.8 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 46.49% year-over-year to $89.8 million; the TTM figure through Feb 2026 stood at $327.1 million (down 10.41% YoY), while the FY2025 annual figure was $347.7 million, up 11.37% from the prior year.
  • Operating Expenses came in at $89.8 million for Q1 2026 at Aar, up from $88.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $516.8 million in Q2 2023 to a low of $61.3 million in Q1 2025.
  • A 5-year average of $213.4 million and a median of $89.8 million in 2026 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses sank 84.96% in 2023 and jumped 102.59% in 2024, its largest moves.
  • Aar's Operating Expenses stood at $436.7 million in 2022, then tumbled by 84.96% to $65.7 million in 2023, then surged by 102.59% to $133.1 million in 2024, then slumped by 33.36% to $88.7 million in 2025, then rose by 1.24% to $89.8 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $89.8 million, $88.7 million, and $71.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 General Electric 316.77 Bn 306.03 Bn 9.11 Bn 10.18 Bn
2 Rtx 238.61 Bn 233.51 Bn 9.08 Bn 19.59 Bn
3 Boeing 172.59 Bn 151.68 Bn 2.55 Bn 2.10 Bn
4 Lockheed Martin 122.59 Bn 120.70 Bn 2.08 Bn -
5 Howmet Aerospace 102.88 Bn 100.44 Bn 854.00 Mn 120.00 Mn
6 General Dynamics 92.64 Bn 88.99 Bn 9.09 Bn 12.06 Bn
7 Rocket Lab 82.19 Bn 80.92 Bn 76.49 Mn 132.46 Mn
8 Northrop Grumman 78.95 Bn 76.86 Bn 3.45 Bn 8.89 Bn
9 TransDigm 70.63 Bn 66.75 Bn 1.51 Bn 273.00 Mn
10 Aar 4.26 Bn 4.18 Bn 154.70 Mn 89.80 Mn

Historic Data

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DateValue
Feb 28, 2026 89.80 Mn
Nov 30, 2025 88.70 Mn
Aug 31, 2025 71.20 Mn
May 31, 2025 77.40 Mn
Feb 28, 2025 61.30 Mn
Nov 30, 2024 133.10 Mn
Aug 31, 2024 75.90 Mn
May 31, 2024 94.80 Mn
Feb 29, 2024 77.00 Mn
Nov 30, 2023 65.70 Mn
Aug 31, 2023 74.70 Mn
May 31, 2023 516.80 Mn
Feb 28, 2023 485.40 Mn
Nov 30, 2022 436.70 Mn
Aug 31, 2022 414.50 Mn
May 31, 2022 443.50 Mn
Feb 28, 2022 420.80 Mn
Nov 30, 2021 406.10 Mn
Aug 31, 2021 439.80 Mn
May 31, 2021 417.30 Mn
Feb 28, 2021 370.60 Mn
Nov 30, 2020 381.90 Mn
Aug 31, 2020 397.50 Mn
May 31, 2020 429.50 Mn
Feb 29, 2020 547.80 Mn
Nov 30, 2019 532.80 Mn
Aug 31, 2019 518.70 Mn
May 31, 2019 533.10 Mn
Feb 28, 2019 499.70 Mn
Nov 30, 2018 476.50 Mn
Aug 31, 2018 443.90 Mn
May 31, 2018 451.20 Mn
Feb 28, 2018 432.10 Mn
Nov 30, 2017 398.80 Mn
Aug 31, 2017 380.80 Mn
May 31, 2017 427.10 Mn
Feb 28, 2017 383.80 Mn
Nov 30, 2016 403.90 Mn
Aug 31, 2016 388.10 Mn
May 31, 2016 265.70 Mn
Feb 29, 2016 395.90 Mn
Nov 30, 2015 415.50 Mn
Aug 31, 2015 372.80 Mn
May 31, 2015 543.90 Mn
Feb 28, 2015 371.70 Mn
Nov 30, 2014 376.20 Mn
Aug 31, 2014 371.20 Mn
May 31, 2014 393.10 Mn
Feb 28, 2014 371.30 Mn
Nov 30, 2013 500.80 Mn
Aug 31, 2013 477.50 Mn
May 31, 2013 236.90 Mn
Feb 28, 2013 485.80 Mn
Nov 30, 2012 476.20 Mn
Aug 31, 2012 513.50 Mn
May 31, 2012 536.40 Mn
Feb 29, 2012 498.50 Mn
Nov 30, 2011 448.00 Mn
Aug 31, 2011 452.90 Mn
May 31, 2011 457.09 Mn
Feb 28, 2011 423.39 Mn
Nov 30, 2010 407.72 Mn
Aug 31, 2010 375.63 Mn
May 31, 2010 378.81 Mn
Feb 28, 2010 276.72 Mn
Nov 30, 2009 302.42 Mn
Aug 31, 2009 324.39 Mn