AAR (AIR) revenue breakdown
By segment, Parts Supply is the largest at 45% of fiscal 2026 revenue; Repair, Engineering, and Software grew fastest, 23% a year over 4 years.
By product, Products is the largest at 65% of fiscal 2026 revenue, growing 19% a year over 4 years.
Revenue by segment
Fiscal years, as AAR reports them in its 10-K filings; fiscal 2026 total $3.3B.
| Segments | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|
| Parts Supply | $678M | $818M | $967M | $1.1B | $1.5B | 45% |
| Repair, Engineering, and Software | $471M | $533M | $681M | $931M | $1.1B | 33% |
| Government Solutions | — | — | $452M | $495M | $502M | 15% |
| Legacy Commercial Programs | — | — | $219M | $254M | $237M | 7% |
| Integrated Solutions | $597M | $547M | — | — | — | — |
| Expeditionary Services | $74M | $92M | — | — | — | — |
Revenue by product
Fiscal years, as AAR reports them in its 10-K filings; fiscal 2026 total $3.3B.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Products | — | — | — | — | — | $1.1B | $1.2B | $1.4B | $1.7B | $2.1B | 65% |
| Services | — | — | — | — | — | $742M | $752M | $932M | $1.1B | $1.2B | 35% |
| Aviation supply chain | $999M | $1.1B | $1.4B | $1.4B | $1.2B | — | — | — | — | — | — |
| Maintenance, repair and overhaul services | $487M | $553M | $525M | $530M | $381M | — | — | — | — | — | — |
| Mobility products | $105M | $112M | $131M | $108M | $99M | — | — | — | — | — | — |
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Where does AAR make its money?
In fiscal 2026, by segment: Parts Supply $1.5B, Repair, Engineering, and Software $1.1B, Government Solutions $502M, Legacy Commercial Programs $237M.
From AAR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.