Delisting riskPopularity #5,325
AIRI · AMEX · Aerospace & Defense

Air Industries Group (AIRI)

Build-to-print manufacturer of flight-critical assemblies and turbine-engine components.

$2.66
After hours+0.02 (+0.76%)
At close$2.64(−0.38%)
Loading prices…

Air Industries GroupAIRI
Industrials

Supplies build-to-print metal components and complete assemblies for established military and commercial aircraft programs. Sales are primarily generated through long-term agreements with aerospace and defense customers, while production remains concentrated in domestic machining and turbine-engine operations.

Produces build-to-print metal components and complete assemblies for established military and commercial aircraft programs, rather than designing aircraft. Its Complex Machining operation in Bay Shore, New York makes landing gear, flight controls, arresting gear, engine mounts, and airframe structures; Sterling Engineering in Connecticut makes turbine-engine components. Direct customers include RTX, Sikorsky, Northrop Grumman, GE Aerospace, and the U.S. Defense Logistics Agency.

Earns most bookings through long-term agreements, which set potential quantities and prices but become funded backlog only when orders are placed. Domestic production, machining capacity, quality, and delivery performance underpin its approach, while work depends on customer program schedules, material availability, skilled labor, aerospace regulations, government procurement, and financing or completion of the proposed Tenax transaction.

Company facts

CEOScott Glassman
ListedJun 12, 2013
ExchangeAMEX
HeadquartersBay Shore, NY
CountryUnited States
Employees160
CIK0001009891
ISINUS00912N4034

Market cap$12.8M
EPS (ttm)−$0.3694
P/E (ttm)−7.17
ROE-9.4%
P/B0.7088
P/S0.2746
Dividend yieldDiv yield
Beta0.87vs XLI 0.10

No analyst consensus on record.

Next report
Nov 12, 26
in 51 days
EPS estimate
−$0.03
Revenue estimate
$13.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported−$0.17−$0.27−$0.11−$0.01$0.09−$0.21−$0.18Pending
Estimate$0.02−$0.04−$0.15−$0.22−$0.02−$0.18−$0.07−$0.03
Surprise−950.0%−575.0%+26.7%+95.5%+538.5%−16.7%−157.1%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$14.9M$12.1M$12.7M$10.3M$12.8M$11.6M$12.0MPending
Estimate$13.5M$14.0M$14.8M$10.0M$13.5M$12.0M$12.5M$13.3M
Surprise+10.5%−13.3%−14.2%+3.1%−5.1%−3.3%−4.0%
Estimate−$0.03
ReportedDue Nov 12, 2026
Estimate$13.3M
ReportedDue Nov 12, 2026
View details

Debt to equity143.00%
Current ratio123.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$12.6M$14.9M$12.1M$12.7M$10.3M$12.8M$11.6M$12.0M
Net income−$404.0K−$554.0K−$988.0K−$422.0K−$44.0K$149.0K−$1.0M−$846.0K
Net margin0.0%0.0%0.0%0.0%0.0%1.2%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$67.0K−$101.0K−$746.0K$8.0K$316.0K$84.0K−$565.0K−$366.0K
YoY growthTurned lossLoss widened−98.9%+371.6%Turned profitLoss narrowedTurned loss

Balance sheet, Jun 30, 2026Cash & short-term investments $694.0K · Total debt $25.9M · Total assets $59.2M · Shareholders' equity $18.1M

Revenue
$12.0M
Operating income
−$366.0K
Net income
−$846.0K
View details

No dividends on record.

Institutions5.85%283.8K shares
17 holders · as of Jun 30, 2026
Insiders34.97%1.70M shares
4 holders · as of Aug 31, 2026
Other59.18%2.87M shares
remainder

4.85M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Michael N. TaglichInsider
14.07%682,475filed Feb 13, 2026
Robert F. TaglichInsider
9.95%482,764filed Feb 13, 2026
Frischer Charles LInsider
9.28%449,998filed Mar 23, 2026
Michael PorcelainInsiderdirector
1.68%81,274filed Aug 31, 2026
Vanguard Capital Management LLCInstitution
1.42%68,959as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • Howmet Aerospace

    Machined engine, airframe, and landing-gear hardware at much greater scale.

CompareAfter hours

CompanyPriceChange
Air Industries Group$2.66+0.76%$12.8M0.3−5.3%
Howmet Aerospace$225.89+0.21%$90.97B49.038.410.0+24.1%
Median49.038.410.0+24.1%