Filing Flows › Air Industries (AIRI) › Q1 2026 › vs Q1 2025
Air Industries (AIRI) Q1 2026 vs Q1 2025 (year over year)
Air Industries's revenue fell $529K (-4%) from $12.1M in Q1 2025 to $11.6M in Q1 2026. The biggest changes: Military −$694K (-8%); Commercial Real Estate +$165K (+4%).
Air Industries, Q1 2026: revenue $11.6M (-4% year over year), operating margin -4.9%, net loss $1.0M, operating cash flow −$1.3M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Military | $7.6M | $8.3M | −$694K | -8% |
| Commercial Real Estate | $4.0M | $3.8M | $165K | +4% |
| Revenue | $11.6M | $12.1M | −$529K | -4% |
| Net loss | $1.0M | $988K | $32K | +3% |
| Costs & expenses | $12.6M | $13.1M | −$497K | -4% |
| Operating costs | $12.2M | $12.9M | −$710K | -6% |
| Interest & other, net | $455K | $242K | $213K | +88% |
| Cost of revenue | $9.0M | $10.1M | −$1.1M | -11% |
| Operating expenses | $3.2M | $2.8M | $387K | +14% |
| Operating cash sources | $3.0M | −$471K | $3.4M | — |
| Depreciation | $711K | $580K | $131K | +23% |
| Share-based compensation | $964K | $474K | $490K | +103% |
| Cash used in operations | $1.3M | −$1.5M | $2.8M | — |
| Net loss absorbed | $1.0M | $988K | $32K | +3% |
| Working capital & other | $2.0M | −$1.5M | $3.4M | — |
Questions
How much did Air Industries's revenue grow year over year in Q1 2026?
Air Industries's revenue fell $529K (-4%) from $12.1M in Q1 2025 to $11.6M in Q1 2026.
What drove Air Industries's revenue change in Q1 2026?
Military −$694K (-8%); Commercial Real Estate +$165K (+4%).