Air Industries Group
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.0M | $11.6M | $12.8M | $10.3M | $12.7M | $12.1M | $14.9M | $12.6M |
| Cost of Revenue | $9.5M | $9.0M | $11.0M | $8.0M | $10.6M | $10.1M | $12.5M | $10.6M |
| Gross Profit | $2.5M | $2.6M | $1.8M | $2.3M | $2.0M | $2.0M | $2.4M | $1.9M |
| Gross Margin | 20.7% | 22.4% | 14.3% | 22.3% | 16.0% | 16.8% | 16.4% | 15.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-366.0K | $-565.0K | $84.0K | $316.0K | $8.0K | $-746.0K | $-101.0K | $67.0K |
| Operating Margin | -3.1% | -4.9% | 0.7% | 3.1% | 0.1% | -6.1% | -0.7% | 0.5% |
| Interest Expense | $414.0K | $407.0K | $400.0K | $380.0K | $360.0K | $345.0K | $357.0K | $364.0K |
| Pretax Income | $-828.0K | $-1.0M | $18.0K | $-44.0K | $-422.0K | $-988.0K | $-554.0K | $-404.0K |
| Income Tax Expense | $18.0K | — | — | — | — | — | — | — |
| Net Income | $-846.0K | $-1.0M | $149.0K | $-44.0K | $-422.0K | $-988.0K | $-554.0K | $-404.0K |
| Net Margin | -7.1% | -8.8% | 1.2% | -0.4% | -3.3% | -8.1% | -3.7% | -3.2% |
| EPS (Basic) | $-0.18 | $-0.21 | $0.08 | $-0.01 | $-0.11 | $-0.27 | $-0.17 | $-0.12 |
| EPS (Diluted) | $-0.18 | $-0.21 | $0.08 | $-0.01 | $-0.11 | $-0.27 | $-0.16 | $-0.12 |
| Shares Outstanding (Basic) | 4.8M | 4.8M | 4.2M | 4.1M | 3.7M | 3.6M | 3.3M | 3.3M |
| Shares Outstanding (Diluted) | 4.8M | 4.8M | 4.2M | 4.1M | 3.7M | 3.6M | 3.3M | 3.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |