AIR INDUSTRIES GROUP Income Statement
AIRI|13 years of annual SEC 10-K data (FY2012-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$48M
FY2025
Gross Profit
$8M
17.1% gross margin
Operating Income
-$338,000
FY2025
Net Income
-$1M
FY2025
AIR INDUSTRIES GROUP reported $48M in revenue and $1M in net loss for FY2025. Revenue has declined at a 0.9% compound annual rate over the past 13 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Piotroski F-Score: 2/9 criteria passed
- Currently unprofitable: Net income is negative
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $47.9M | $55.1M | $51.5M | $53.2M | $50.1M | $54.6M | $44.5M | $44.5M | $66.9M | $80.4M | $64.3M | $64.2M | $53.7M |
| Cost of Revenue | $39.7M | $46.2M | $44.1M | $45.8M | $91.0K | $134.0K | $39.1M | $39.1M | $60.2M | $63.2M | $50.2M | $49.4M | $42.8M |
| Gross Profit | $8.2M | $8.9M | $7.4M | $7.5M | $6.5M | $9.1M | $5.4M | $5.4M | $6.7M | $17.3M | $14.1M | $14.9M | $10.9M |
| Operating Income | -$338.0K | $459.0K | -$295.0K | -$194.0K | -$1.4M | $328.0K | -$4.9M | -$4.9M | -$10.8M | $626.0K | $1.7M | $6.0M | $4.4M |
| Interest Expense | $1.5M | $1.4M | $1.4M | $851.0K | - | - | - | - | - | - | - | - | - |
| Income Tax | -$131.0K | - | - | - | -$1.4M | $37.0K | $37.0K | $3.0K | $2.1M | -$286.0K | -$368.0K | $1.4M | $57.0K |
| Net Income | -$1.3M | -$1.4M | -$2.1M | -$1.1M | $1.1M | -$2.7M | -$11.0M | -$11.0M | -$15.6M | -$832.0K | $667.0K | $2.5M | $2.2M |
| EPS (Basic) | -$0.41 | -$0.65 | -$0.33 | $0.51 | $0.04 | - | - | - | -$0.11 | $0.10 | $0.65 | $0.54 | $0.63 |
| EPS (Diluted) | -$0.41 | -$0.65 | -$0.33 | $0.45 | $0.05 | - | - | - | -$0.11 | $0.10 | $0.63 | $0.54 | $0.63 |
| Shares Outstanding | 3.5M | 3.3M | 3.2M | 3.2M | 31.9M | 29.5M | 28.4M | 25.2M | 7.6M | 7.1M | 5.8M | 5.7M | 3.6M |
| Gross Margin | 17.1% | 16.2% | 14.4% | 14.0% | 13.0% | 16.8% | 12.2% | 12.2% | 10.0% | 21.5% | 21.9% | 23.1% | 20.3% |
| Operating Margin | -0.7% | 0.8% | -0.6% | -0.4% | -2.9% | 0.6% | -11.0% | -11.0% | -16.1% | 0.8% | 2.7% | 9.3% | 8.2% |
| Profit Margin | -2.7% | -2.5% | -4.1% | -2.0% | 2.2% | -5.0% | -24.7% | -24.7% | -23.4% | -1.0% | 1.0% | 4.0% | 4.2% |