aiSwingX™
AIRAAR Corp·FY27Q1 10-QPaidFiling score 32 · Small change

AAR sales rose 24%; acquisitions supplied 55% of the gain and the repair segment's operating income fell 20%

Fiscal Q1 2027 10-Q: of the $178.4m increase in sales, $98.1m came from three companies acquired in the past year. The repair and engineering segment, where most were added, grew sales and earned less

aiSwingX™ Editorial · Reviewed
Published
AAR CORP. Form 10-Q (fiscal Q1 2027, filed 2026-09-29): consolidated statement of income, the consolidated and segment discussion in MD&A 'Results of Operations', the acquisitions note, and the liquidity section
AAR sales rose 24%; acquisitions supplied 55% of the gain and the repair segment's operating income fell 20%
aiSwingX™ analyzes US filings and reports them as news investors can read.
32
–
2 0

AAR (AIR), which distributes aircraft parts and maintains aircraft, filed its 10-Q for the first quarter of fiscal 2027 on September 29. Sales were $918.0m, up 24.1% from a year earlier. Of the $178.4m increase, $98.1m is sales added by three companies AAR acquired in the past year.

In plain terms

AAR sells aircraft parts and repairs aircraft. Its sales for three months were 24% higher than a year earlier. More than half of that increase came from buying other companies. The repair business, where most of those companies went, sold more and kept less.

What happened

AAR (AIR) distributes aircraft parts and maintains aircraft. Its customers are airlines and the U.S. government and military. Its fiscal year ends on May 31. On September 29 it filed its 10-Q for the first quarter of fiscal 2027, June 1 to August 31, 2026. Sales were $918.0m. That is $178.4m, or 24.1%, more than the $739.6m of the same quarter a year earlier.

In the same report the company says where the additional sales came from. Three companies it acquired in the past year added sales this quarter. ADI, a distributor of electronic components, added $43.7m. HAECO Americas, an airframe maintenance business, added $46.6m. ART, an aircraft interiors engineering company, added $7.8m.

The three add up to $98.1m. All three were acquired after the prior-year quarter ended, so none of these sales existed a year ago. That is more than half of the $178.4m increase.

What the numbers meanSubscribers
The segment that sold more and earned lessSubscribers
Why it mattersSubscribers
Company contextSubscribers
What to watchSubscribers
Arithmetic table · quarterly metricsSubscribers
End of the free preview

32 Filing score · Small change

What the numbers mean — for subscribers

We find the numbers that are in the filing but not in the news, and analyze what they mean, how big they are and what to watch next quarter — with the arithmetic and quarterly metrics. Cancel any time.

$10.99/mo · $109/yr
Log in to subscribe
See all plans · Already subscribed? Log in
Not ready to subscribe? Get free alerts when new articles go out.
Only on days we publish. Unsubscribe any time.

Companies connected in the filing

Counterparties this filing names directly. Nothing inferred.

  • Acquisition American Distributors Holding (ADI)
    Distributor of electronic components for aerospace and defense, acquired September 25, 2025. It added $43.7m of sales in the first quarter of fiscal 2027.
    10-Q acquisitions note, MD&A
  • Acquisition HAECO Americas
    Airframe maintenance business acquired November 3, 2025. It added $46.6m of sales in the first quarter of fiscal 2027.
    10-Q acquisitions note, MD&A
  • Acquisition Aircraft Reconfig Technologies (ART)
    Aircraft interiors engineering company acquired April 24, 2026. It added $7.8m of sales in the first quarter of fiscal 2027.
    10-Q acquisitions note, MD&A

FAQ

Is the $98.1m from acquisitions a figure the company stated?

The company states the sales contributed by each of three acquisitions in the 10-Q: ADI $43.7m, HAECO Americas $46.6m and ART $7.8m. $98.1m is the sum of the three.

Why does all of those companies' sales count as an increase?

All three were acquired after the prior-year quarter ended on August 31, 2025. The $739.6m of sales in that quarter contains none of their sales.

Does this mean sales fell without the acquisitions?

No. Sales rose even without the contribution from acquisitions. By how much, and what each segment earned, is explained in the subscriber section.

Where can I check these figures myself?

On SEC EDGAR, in AAR CORP.'s 10-Q for fiscal Q1 2027 (accession 0001104659-26-111786): the consolidated statement of income, MD&A and the acquisitions note.

How aiSwingX™ wrote this

  1. We read the filing on SEC EDGAR in full — statements, notes, MD&A. Press releases and news are not used as sources.
  2. Every figure is reconciled to its location in the filing and to XBRL data. One mismatch means no publication.
  3. An editor reviews before publication; any later change is recorded in the revision history.
© 2026 aiSwingX™. All rights reserved. Quote with attribution. Republication, redistribution and data use are governed by the Terms of Service and License. Not investment advice.
AAR CORP. Form 10-Q (fiscal Q1 2027, filed 2026-09-29): consolidated statement of income, the consolidated and segment discussion in MD&A 'Results of Operations', the acquisitions note, and the liquidity section · SEC EDGAR · This article is not investment advice. Disclaimer

Frequently asked questions

Where can I verify the figures in this article?

Open the filing cited at the bottom of the article (e.g. the 10-Q note number) on SEC EDGAR via the link at the end of the article.

What is the at-a-glance box?

A four-item summary of the article: the key figure, what it means, the source, and what to watch next quarter. If you are short on time, read just that.

May I quote or share this article?

Customary quotation and sharing are fine with attribution (aiSwingX™ and the article URL). Republishing the full text elsewhere requires the License plan.

aiSwingX™ analyzes US filings and reports them as news investors can read.
32
–
2 0