Services was Aar’s largest product and service line in fiscal 2026, bringing in $1.17B of $1.91B (61%).
| Product and Service | FY 2014 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aviation Supply Chain | — | — | — | — | |||||||
| Products | $1.24B | $1.39B | $1.71B | — | |||||||
| Services | $751.80M | $931.80M | $1.07B | $1.17B | |||||||
| Maintenance, Repair & Overhaul Services | — | — | — | — | |||||||
| Government Programs | — | — | — | $409.20M | |||||||
| Expeditionary Airlift Services | — | — | — | — | |||||||
| Component Repair Programs | — | — | — | $210.40M | |||||||
| Mobility Products | — | — | — | — | |||||||
| Mobility Systems | — | — | — | $93.10M | |||||||
| Distribution Of Ce Inventory | — | $33.80M | $29.40M | $26.80M | |||||||
| Airlift | — | — | — | — | |||||||
| Total | $1.99B | $2.35B | $2.81B | $1.91B |
Aar brought in $1.91B from its five product and service lines in fiscal 2026, the year ended May 31, 2026. Aar regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $2.81B. Services was the largest at $1.17B (61.3%), ahead of Government Programs at $409.20M (21.4%) and Component Repair Programs at $210.40M (11.0%). The other two lines brought in $119.90M combined.
Aar began breaking out Government Programs in fiscal 2026, Component Repair Programs in fiscal 2026, Mobility Systems in fiscal 2026 and Distribution Of Ce Inventory in fiscal 2024. Aar stopped reporting Products as a separate line after fiscal 2025, when it brought in $1.71B.
North America was Aar’s largest segment in fiscal 2026, bringing in $840.60M of $1.49B (57%).
| Segment | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|
| North America | $582.90M | $589.10M | $840.60M | ||||||
| Europe | $190.80M | $252.90M | $331.40M | ||||||
| Europe/Africa | — | — | — | ||||||
| Asia | $108.90M | $146.40M | $250.40M | ||||||
| Other | $36.00M | $35.60M | $65.30M | ||||||
| Total | $918.60M | $1.02B | $1.49B |
Aar brought in $1.49B from its four segments in fiscal 2026, the year ended May 31, 2026. That is less than the $1.94B it reports by major customers, so these segments do not cover all of its revenue. North America was the largest at $840.60M (56.5%), ahead of Europe at $331.40M (22.3%) and Asia at $250.40M (16.8%). The remaining segment, Other, brought in $65.30M.
Compared with fiscal 2024, the previous year with figures, Other grew fastest, up 83.4% to $65.30M. Every segment above 2% of revenue grew.
Commercial was Aar’s largest revenue line in fiscal 2026, bringing in $990.20M of $1.94B (51%).
| Major Customers | FY 2010 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial | $205.30M | $800.60M | $838.40M | $990.20M | |||||||
| U.S. Department Of Defense, Other U.S. Government Agencies & Their Contractors | $994.50M | $414.80M | $1.15B | $455.00M | |||||||
| Revenue, Net | — | — | — | — | |||||||
| Government & Defense | $433.40M | $445.60M | $220.40M | $499.00M | |||||||
| Total | $1.63B | $1.66B | $2.21B | $1.94B |
Aar brought in $1.94B from its three revenue lines in fiscal 2026, the year ended May 31, 2026. That was down 12.0% from $2.21B in fiscal 2025. Commercial was the largest at $990.20M (50.9%), ahead of Government & Defense at $499.00M (25.7%) and U.S. Department Of Defense, Other U.S. Government Agencies & Their Contractors at $455.00M (23.4%).
Compared with fiscal 2025, Government & Defense grew fastest, up 126.4% to $499.00M, while U.S. Department Of Defense, Other U.S. Government Agencies & Their Contractors fell the most, down 60.4% to $455.00M. From fiscal 2023 to 2026, combined revenue from these revenue lines grew from $1.63B to $1.94B, a compound annual growth rate of 6.0%. Commercial's share of the total rose from 12.6% to 50.9%.
Aar (AIR) reports its revenue by product and service, by segment and by major customers. In fiscal 2026, Services was its largest product and service line, bringing in $1.17B (61.3% of the total), followed by Government Programs at $409.20M (21.4%).
Services was Aar's largest product and service line in fiscal 2026, bringing in $1.17B, or 61.3% of the $1.91B total across its five product and service lines.
North America was Aar's largest segment in fiscal 2026, bringing in $840.60M, or 56.5% of the $1.49B total across its four segments.
Commercial was Aar's largest revenue line in fiscal 2026, bringing in $990.20M, or 50.9% of the $1.94B total across its three revenue lines.
Among Aar's revenue lines that make up at least 2% of revenue, Government & Defense grew fastest in fiscal 2026, up 126.4% from $220.40M to $499.00M.
Every figure comes from Aar's annual financial filings, as reported. Each line keeps the name Aar gives it, and years follow its fiscal calendar.
Aar's revenue by product and service goes back to fiscal 2014, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.