Air Industries (AIRI) Work In Process (2017 - 2026)

Air Industries (AIRI) reported Work In Process of $18.7 million for Q1 2026, up 31.27% on a YoY basis from $14.2 million in Q1 2025, and up 9.32% quarter-over-quarter from $17.1 million in Q4 2025.

Air Industries (AIRI) Work In Process (2017 - 2026) Analysis & Trends

Air Industries has reported Work In Process for 10 years, with the latest figure at $18.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Work In Process rose 31.27% year-over-year to $18.7 million; the trailing twelve-month figure through Mar 2026 stood at $18.7 million (up 31.27% YoY), and the FY2025 full-year result was $17.1 million, up 31.04% from the prior year.
  • Work In Process for Q1 2026 stood at $18.7 million, up from $17.1 million in the prior quarter.
  • The five-year high for Work In Process was $20.5 million in Q4 2022, with the low at $12.5 million in Q2 2024.
  • Historically, Work In Process has averaged $15.9 million across 5 years, with a median of $15.4 million in 2023.
  • Annual changes were most pronounced in 2023 — Work In Process slumped 37.53% — and 2026, when it soared 31.27%.
  • Air Industries' Work In Process stood at $20.5 million in 2022, then tumbled by 37.53% to $12.8 million in 2023, then advanced by 1.8% to $13.0 million in 2024, then soared by 31.04% to $17.1 million in 2025, then rose by 9.32% to $18.7 million in 2026.
  • The last three Work In Process figures came in at $18.7 million (Q1 2026), $17.1 million (Q4 2025), and $17.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn
8 Embraer 95.73 Bn 93.11 Bn -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn
10 Air Industries 14.73 Mn 10.51 Mn 2.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.66 Mn
Dec 31, 2025 17.07 Mn
Sep 30, 2025 17.69 Mn
Jun 30, 2025 14.37 Mn
Mar 31, 2025 14.22 Mn
Dec 31, 2024 13.03 Mn
Sep 30, 2024 13.51 Mn
Jun 30, 2024 12.50 Mn
Mar 31, 2024 13.16 Mn
Dec 31, 2023 12.80 Mn
Sep 30, 2023 16.34 Mn
Jun 30, 2023 18.29 Mn
Mar 31, 2023 19.84 Mn
Dec 31, 2022 20.49 Mn
Dec 31, 2021 20.93 Mn
Dec 31, 2020 21.93 Mn
Sep 30, 2019 20.30 Mn
Jun 30, 2019 19.66 Mn
Mar 31, 2019 18.29 Mn
Dec 31, 2018 17.53 Mn