Air Industries returns to profit in Q3 on margin improvement
AIRI•Air Industries’ third-quarter revenue rose 41% year over year to $14.60 million, as it returned to profit and improved gross profit and margin. The company expects improved performance to continue in the fourth quarter and into 2027, supported by a $95.4 million order backlog.
1. Quarterly results
Air Industries reported third-quarter revenue of $14.60 million and gross profit of $3.70 million. Net profit improved as gross margin rose, with the company citing stable shipping and fewer production disruptions.
2. Outlook and costs
The company expects improved financial performance to continue in the fourth quarter and into 2027. It cited October 2026 net sales of about $5.6 million, above recent monthly averages, and a $95.4 million firm order backlog supporting sales in late 2026 and 2027. Operating expenses were $2.40 million, rising due to merger-related and stock compensation costs; excluding those costs, expenses were flat.
