Industry · Aerostructures supplier
Aerospace supplier Air Industries swings to a third-quarter profit
Gross profit rose faster than sales, widening the gross margin to 25.5%. Management expects the improved performance to continue into 2027.
Air Industries Group reported third-quarter 2026 sales of $14.6 million. Sales rose 41.1% from a year earlier. The company makes landing gears, flight controls and engine mounts for large aerospace and defense prime contractors.1
Air Industries Group third-quarter 2026 net sales were $14.6 million
Third-quarter 2026 gross profit was $3.7 million, up 61.4%
Air Industries Group third-quarter 2026 net sales were $14.6 million, up 41.1% from $10.3 million in the third quarter of 2025
Third-quarter 2026 gross profit was $3.7 million, up 61.4% from $2.3 million in the same period in 2025
Source: Air Industries Group, Exhibit 99.1, Nov. 9, 2026
Sources
Third-quarter gross profit grew 61.4%, faster than sales, with gross margin reaching 25.5%. Management attributes the margin improvement to its focus on a stable shipping cadence and minimizing disruptions from production schedule changes.1
Quarterly net income reached $946,000, compared with a $44,000 loss a year earlier. Nine-month sales through September rose 8.7% to $38.2 million. The nine-month net loss narrowed to $902,000 from $1.5 million a year earlier.1
The results also include costs associated with the pending merger with Tenax Aerospace Acquisition, LLC. Stock compensation and merger-related expenses together totaled $539,000 in the quarter. Nine-month operating expenses included $1.704 million in merger-related expenses.1
The company expects improved financial performance to continue in the fourth quarter and into 2027, citing October sales of approximately $5.6 million. It says a $95.4 million backlog of firm customer orders supports forecast sales for the remaining two months of 2026 and calendar 2027.1
Sources (1)
- Air Industries Group Exhibit 99.1, press release dated Nov. 9, 2026 www.sec.gov