vs
Side-by-side financial comparison of AAR CORP (AIR) and Bilibili Inc. (BILI). Click either name above to swap in a different company.
Bilibili Inc. is the larger business by last-quarter revenue ($1.3B vs $795.3M, roughly 1.6× AAR CORP). Bilibili Inc. runs the higher net margin — 6.0% vs 4.4%, a 1.6% gap on every dollar of revenue. On growth, Bilibili Inc. posted the faster year-over-year revenue change (26.2% vs 15.9%).
AAR Corp. is an American provider of aircraft maintenance services to commercial and government customers worldwide. The company is headquartered in Wood Dale, Illinois, a Chicago suburb. The company employs about 6,000 people, operating in about 30 different countries. John Holmes is the current CEO.
Bilibili, nicknamed B Site, is a Chinese online video sharing website based in Shanghai where users can submit, view, and add overlaid commentary on videos.
AIR vs BILI — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $795.3M | $1.3B |
| Net Profit | $34.6M | $75.7M |
| Gross Margin | 19.7% | 37.0% |
| Operating Margin | 6.0% | 5.8% |
| Net Margin | 4.4% | 6.0% |
| Revenue YoY | 15.9% | 26.2% |
| Net Profit YoY | 213.1% | 143.0% |
| EPS (diluted) | $0.90 | $1.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $795.3M | $1.3B | ||
| Q3 25 | $739.6M | $1.1B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $965.1M | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $843.1M | ||
| Q1 24 | — | $784.5M |
| Q4 25 | $34.6M | $75.7M | ||
| Q3 25 | $34.4M | $65.9M | ||
| Q2 25 | — | $30.5M | ||
| Q1 25 | — | $-1.5M | ||
| Q4 24 | — | $-176.0M | ||
| Q3 24 | — | $11.4M | ||
| Q2 24 | — | $83.7M | ||
| Q1 24 | — | $-105.9M |
| Q4 25 | 19.7% | 37.0% | ||
| Q3 25 | 18.1% | 36.7% | ||
| Q2 25 | — | 36.5% | ||
| Q1 25 | — | 36.3% | ||
| Q4 24 | — | 36.2% | ||
| Q3 24 | — | 34.9% | ||
| Q2 24 | — | 29.9% | ||
| Q1 24 | — | 28.3% |
| Q4 25 | 6.0% | 5.8% | ||
| Q3 25 | 6.4% | 4.6% | ||
| Q2 25 | — | 3.4% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | -16.0% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | — | 9.5% | ||
| Q1 24 | — | -14.5% |
| Q4 25 | 4.4% | 6.0% | ||
| Q3 25 | 4.7% | 6.1% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | -0.2% | ||
| Q4 24 | — | -17.5% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 9.9% | ||
| Q1 24 | — | -13.5% |
| Q4 25 | $0.90 | $1.14 | ||
| Q3 25 | $0.95 | $1.05 | ||
| Q2 25 | — | $0.51 | ||
| Q1 25 | — | $0.00 | ||
| Q4 24 | — | $0.21 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | — | $-0.20 | ||
| Q1 24 | — | $-1.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $75.6M | $2.7B |
| Total DebtLower is stronger | $952.7M | $1.4B |
| Stockholders' EquityBook value | $1.6B | $2.2B |
| Total Assets | $3.2B | $5.9B |
| Debt / EquityLower = less leverage | 0.61× | 0.62× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | $2.7B | ||
| Q3 25 | $80.0M | $2.4B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $11.7B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.1B |
| Q4 25 | $952.7M | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $700.3M | ||
| Q4 24 | — | $662.5M | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $684.5M |
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.2B | $2.1B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $13.7B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.9B |
| Q4 25 | $3.2B | $5.9B | ||
| Q3 25 | $2.9B | $5.6B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $32.0B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $4.2B |
| Q4 25 | 0.61× | 0.62× | ||
| Q3 25 | 0.82× | 0.65× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.36× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.6M | $263.1M |
| Free Cash FlowOCF − Capex | $6.2M | — |
| FCF MarginFCF / Revenue | 0.8% | — |
| Capex IntensityCapex / Revenue | 0.9% | — |
| Cash ConversionOCF / Net Profit | 0.39× | 3.47× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.6M | $263.1M | ||
| Q3 25 | $-44.9M | $283.2M | ||
| Q2 25 | — | $277.7M | ||
| Q1 25 | — | $179.4M | ||
| Q4 24 | — | $191.9M | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $88.3M |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $-53.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $174.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.8% | — | ||
| Q3 25 | -7.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 18.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.39× | 3.47× | ||
| Q3 25 | -1.31× | 4.30× | ||
| Q2 25 | — | 9.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 195.23× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIR
| Commercial Customer | $268.1M | 34% |
| Repair And Engineering | $244.5M | 31% |
| Integrated Solutions | $175.8M | 22% |
| Government And Defense Customer | $85.5M | 11% |
| Expeditionary Services | $21.4M | 3% |
BILI
| Value-added services (VAS) | $466.4M | 37% |
| Advertising | $435.0M | 34% |
| Mobile games | $220.3M | 17% |
| Other | $80.8M | 6% |
| IP derivatives and others | $68.2M | 5% |
