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How Air Industries (AIRI) makes money

Air Industries (AIRI) made $12.0M of revenue in the second quarter 2026 (Q2 2026), -5% from a year earlier. Military brought in $8.2M (68%); Commercial brought in $3.8M (32%).

Drawing the Sankey…

Air Industries revenue by segment, Q2 2026Air Industries revenue by segment, Q2 2026Military$8.2MCommercial$3.8M
Air Industries revenue by quarterAir Industries revenue by quarter$14.9MQ4 2024$12.1MQ1 2025$12.7MQ2 2025$10.3MQ3 2025$12.8MQ4 2025$11.6MQ1 2026$12.0MQ2 2026
Air Industries: where each dollar of revenue goesAir Industries: where each dollar of revenue goesIncome tax0¢Operating cash flow13¢Free cash flow12¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Military$8.2M68.1%—+20%
Commercial$3.8M31.9%—-34%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$12.0M100.0%
Income tax$18K0.2%
Operating cash flow$1.5M12.7%
Free cash flow$1.5M12.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$12.0M-5%
Q1 2026$11.6M-4%
Q4 2025$12.8M-14%
Q3 2025$10.3M-18%
Q2 2025$12.7M-7%
Q1 2025$12.1M-14%
Q4 2024$14.9M+11%

From Air Industries' 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Air Industries make money?

Air Industries (AIRI) made $12.0M of revenue in the second quarter 2026 (Q2 2026), -5% from a year earlier. Military brought in $8.2M (68%); Commercial brought in $3.8M (32%).

What is Air Industries' biggest business?

Military: $8.2M in the second quarter 2026, 68% of revenue, +20% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.