Filing Flows › Air Industries (AIRI) › Q2 2026 › vs Q2 2025
Air Industries (AIRI) Q2 2026 vs Q2 2025 (year over year)
Air Industries's revenue fell $664K (-5%) from $12.7M in Q2 2025 to $12.0M in Q2 2026. The biggest changes: Commercial −$2.0M (-34%); Military +$1.3M (+20%).
Air Industries, Q2 2026: revenue $12.0M (-5% year over year), operating margin -3.1%, net loss $846K, operating cash flow $1.5M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 12.2% | -4.4% | +16.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Military | $8.2M | $6.8M | $1.3M | +20% |
| Commercial | $3.8M | $5.8M | −$2.0M | -34% |
| Revenue | $12.0M | $12.7M | −$664K | -5% |
| Net loss | $846K | $422K | $424K | +100% |
| Costs & expenses | $12.8M | $13.1M | −$240K | -2% |
| Operating costs | $12.4M | $12.7M | −$290K | -2% |
| Interest & other, net | $462K | $430K | $32K | +7% |
| Income tax | $18K | $0 | $18K | — |
| Cost of revenue | $9.5M | $10.6M | −$1.1M | -11% |
| Operating expenses | $2.8M | $2.0M | $829K | +41% |
| Operating cash sources | $2.4M | $767K | $1.6M | +209% |
| Depreciation | $715K | $607K | $108K | +18% |
| Share-based compensation | $59K | $196K | −$137K | -70% |
| Working capital & other | $1.6M | −$36K | $1.6M | — |
| Net loss absorbed | $846K | $422K | $424K | +100% |
| Operating cash flow | $1.5M | $345K | $1.2M | +341% |
| Free cash flow (OCF − capex) | $1.5M | −$551K | $2.0M | — |
| Capital expenditures | $60K | $896K | −$836K | -93% |
Questions
How much did Air Industries's revenue grow year over year in Q2 2026?
Air Industries's revenue fell $664K (-5%) from $12.7M in Q2 2025 to $12.0M in Q2 2026.
What drove Air Industries's revenue change in Q2 2026?
Commercial −$2.0M (-34%); Military +$1.3M (+20%).