AIR INDUSTRIES GROUPAIRIEarnings & Financial Report
Mitsubishi Heavy Industries, Ltd. is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors.
AIRI Q4 FY2025 Key Financial Metrics
Revenue
$12.8M
Gross Profit
$1.8M
Operating Profit
$84.0K
Net Profit
$149.0K
Gross Margin
14.3%
Operating Margin
0.7%
Net Margin
1.2%
YoY Growth
-14.1%
EPS
$0.08
AIR INDUSTRIES GROUP Q4 FY2025 Financial Summary
AIR INDUSTRIES GROUP reported revenue of $12.8M (down 14.1% YoY) for Q4 FY2025, with a net profit of $149.0K (up 126.9% YoY) (1.2% margin). Cost of goods sold was $11.0M, operating expenses totaled $1.7M.
Key Financial Metrics
| Total Revenue | $12.8M |
|---|---|
| Net Profit | $149.0K |
| Gross Margin | 14.3% |
| Operating Margin | 0.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
AIR INDUSTRIES GROUP Q4 FY2025 revenue of $12.8M breaks down across 2 segments, led by Military at $7.4M (57.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Military | $7.4M | 57.5% |
| Other | $5.4M | 42.5% |
AIR INDUSTRIES GROUP Revenue by Segment — Quarterly Trend
AIR INDUSTRIES GROUP revenue by segment across the last 4 reported quarters, showing how each business line (such as Military and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Military | $7.4M | — | $6.8M | $8.3M |
| Other | $5.4M | $5.4M | — | — |
AIR INDUSTRIES GROUP Annual Revenue by Year
AIR INDUSTRIES GROUP annual revenue history includes year-by-year totals (for example, 2025 revenue was $47.9M).
AIR INDUSTRIES GROUP Quarterly Revenue & Net Profit History
AIR INDUSTRIES GROUP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $12.8M | -14.1% | $149.0K | 1.2% |
| Q3 FY2025 | $10.3M | -17.9% | $-44.0K | -0.4% |
| Q2 FY2025 | $12.7M | -6.7% | $-422.0K | -3.3% |
| Q1 FY2025 | $12.1M | -13.7% | $-988.0K | -8.1% |
| Q4 FY2024 | $14.9M | +10.8% | $-554.0K | -3.7% |
| Q3 FY2024 | $12.6M | +2.1% | $-404.0K | -3.2% |
| Q2 FY2024 | $13.6M | +2.8% | $298.0K | 2.2% |
| Q1 FY2024 | $14.1M | +12.0% | $-706.0K | -5.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $14.1M | $13.6M | $12.6M | $14.9M | $12.1M | $12.7M | $10.3M | $12.8M |
| YoY Growth | 12.0% | 2.8% | 2.1% | 10.8% | -13.7% | -6.7% | -17.9% | -14.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $50.3M | N/A | $50.4M | $51.0M | $48.4M | $50.4M | $58.0M | $58.3M |
| Liabilities | $35.7M | N/A | $35.7M | $36.1M | $33.1M | $35.1M | $39.1M | $39.1M |
| Equity | $14.5M | $14.9M | $14.7M | $14.9M | $15.3M | $15.3M | $18.8M | $19.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-232000 | $566000 | $174000 | $-184000 | $1.5M | $345000 | $-2.6M | $-598000 |