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AIRI · AMEX · Aerospace & Defense

Air Industries Group

Build-to-print manufacturer of flight-critical assemblies and turbine-engine components.

$2.74
After-hours close+0.08 (+3.01%)
At close$2.66(+2.70%)
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Profile

Air Industries GroupAIRIIndustrials

Supplies build-to-print metal components and complete assemblies for established military and commercial aircraft programs. Sales are primarily generated through long-term agreements with aerospace and defense customers, while production remains concentrated in domestic machining and turbine-engine operations.

Produces build-to-print metal components and complete assemblies for established military and commercial aircraft programs, rather than designing aircraft. Its Complex Machining operation in Bay Shore, New York makes landing gear, flight controls, arresting gear, engine mounts, and airframe structures; Sterling Engineering in Connecticut makes turbine-engine components. Direct customers include RTX, Sikorsky, Northrop Grumman, GE Aerospace, and the U.S. Defense Logistics Agency.

Earns most bookings through long-term agreements, which set potential quantities and prices but become funded backlog only when orders are placed. Domestic production, machining capacity, quality, and delivery performance underpin its approach, while work depends on customer program schedules, material availability, skilled labor, aerospace regulations, government procurement, and financing or completion of the proposed Tenax transaction.

Company facts

CEOScott Glassman
ListedJun 12, 2013
ExchangeAMEX
HeadquartersBay Shore, NY
CountryUnited States
Employees160
CIK0001009891
ISINUS00912N4034

Key statistics

Market cap$13.3M
EPS (ttm)−$0.3694
P/E (ttm)−7.42
ROE-9.4%
P/B0.7280
P/S0.2845
Dividend yield
Beta0.84vs XLI 0.10

Year to date −14.5% · Average volume (30d) 24.0K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate−$0.03
ReportedDue Nov 12, 2026

Revenue

Estimate$13.3M
ReportedDue Nov 12, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 12, 2026Q2 FY26−$0.07−$0.18−157.1%$12.5M$12.0M−4.0%−0.38%
May 14, 2026Q1 FY26−$0.18−$0.21−16.7%$12.0M$11.6M−3.3%−2.17%
Feb 17, 2026Q4 FY25−$0.02$0.09+538.5%$13.5M$12.8M−5.1%−4.76%
Nov 14, 2025Q3 FY25−$0.22−$0.01+95.5%$10.0M$10.3M+3.1%−0.34%
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Financial highlights

11 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$12.1M$12.7M$10.3M$12.8M$11.6M$12.0M
Gross profit$2.0M$2.0M$2.3M$1.8M$2.4M$2.5M
Operating income−$746.0K$8.0K$316.0K$84.0K−$565.0K−$366.0K
Net income−$988.0K−$422.0K−$44.0K$149.0K−$1.0M−$846.0K
Diluted EPS−$0.27−$0.11−$0.01$0.03−$0.21−$0.18
Gross margin16.8%16.0%22.3%14.3%21.0%20.7%
Operating margin-6.1%0.1%3.1%0.7%-4.9%-3.1%

Fiscal years (4-quarter sums)FY24 $55.1M · FY25 $47.9M

Revenue by product · Q2 FY26

Commercial Real Estate$3.8M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $694.0K · Total debt $25.9M · Total assets $59.2M · Shareholders' equity $18.1M

Dividends

No dividends on record.

Ownership

Institutions 6.01%Insiders

Shares outstanding 4.85M · Float 3.13M · 64.6% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Michael N. Taglich682.5K14.30%13DFeb 13, 2026
Robert Taglich482.8K10.10%13DFeb 13, 2026
Frischer Charles L450.0K9.40%13DMar 23, 2026
Vanguard Capital Management LLC69.0K1.42%13FMay 15, 2026
Geode Capital Management, LLC36.7K0.76%13FMay 15, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

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Peers

  • Howmet Aerospace

    Machined engine, airframe, and landing-gear hardware at much greater scale.

CompareAfter-hours close

CompanyPriceChange
Air Industries Group$2.74+3.01%$13.3M0.3−5.3%
Howmet Aerospace$265.80+0.39%$105.97B57.145.511.6+24.1%
Median57.145.511.6+24.1%