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

![AAR sales rose 24%; acquisitions supplied 55% of the gain and the repair segment's operating income fell 20%](https://aiswingx.com/static/covers/air-fy27q1_cover.jpg?v=1790712404)

**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**

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.

- 종목: AIR (AAR Corp)
- 분기: FY27Q1 · 10-Q
- 작성: 2026-09-29 20:06 UTC
- 원문: https://aiswingx.com/p/air-fy27q1

## 숫자 하나
Sales for the first quarter of fiscal 2027 were $918.0m, up $178.4m (24.1%) from $739.6m a year earlier.

## 비유 하나
(구독자 전용)

## 출처 하나
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

## 다음 분기에 볼 것
(구독자 전용)

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## 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.

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## FAQ

**Q. 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.

**Q. 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.

**Q. 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.

**Q. 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.