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Applied Aerospace & Defense vs Air Industries: AADX and AIRI compared
Applied Aerospace & Defense is the larger company: $167M of revenue in its latest quarter (Q2 2026) against $12.0M for Air Industries (Q2 2026). Applied Aerospace & Defense is growing faster (+47% against -5% a year earlier). Air Industries is more profitable, with an operating margin of -3.1% against -57.5%.
Where the money goes: AADX and AIRI
Applied Aerospace & Defense (AADX) · Q2 2026
Applied Aerospace & Defense, Q2 2026: revenue $167M (+47% year over year), operating margin -57.5%, net loss $154M. The chart follows the revenue to costs, profit and cash.
Air Industries (AIRI) · Q2 2026
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 follows the revenue to costs, profit and cash.
| Applied Aerospace & Defense (AADX) | Air Industries (AIRI) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $167M | $12.0M |
| Revenue growth, Y/Y | +47% | -5% |
| Operating margin | -57.5% | -3.1% |
| Net earnings | −$154M | −$846K |
| Net margin | -92.0% | -7.1% |
| Operating cash flow | — | $1.5M |
| Free cash flow | — | $1.5M |
Where the revenue comes from
Applied Aerospace & Defense
- Defense Aviation and Airborne Systems: $78.9M (47%)
- C5ISR and Precision Strike Systems: $49.6M (30%)
- Space and Launch Systems: $38.8M (23%)
Air Industries
- Military: $8.2M (68%)
- Commercial: $3.8M (32%)
Questions
Which is bigger, Applied Aerospace & Defense or Air Industries?
Applied Aerospace & Defense is the larger company: $167M of revenue in its latest quarter (Q2 2026) against $12.0M for Air Industries (Q2 2026).
Is Applied Aerospace & Defense or Air Industries growing faster?
Applied Aerospace & Defense is growing faster (+47% against -5% a year earlier).
Which is more profitable, Applied Aerospace & Defense or Air Industries?
Air Industries is more profitable, with an operating margin of -3.1% against -57.5%.
More: Applied Aerospace & Defense earnings · how Applied Aerospace & Defense makes money · Air Industries earnings · how Air Industries makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 12, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.