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Side-by-side financial comparison of AAR CORP (AIR) and Enova International, Inc. (ENVA). Click either name above to swap in a different company.

Enova International, Inc. is the larger business by last-quarter revenue ($875.1M vs $795.3M, roughly 1.1× AAR CORP). Enova International, Inc. runs the higher net margin — 10.4% vs 4.4%, a 6.1% gap on every dollar of revenue. On growth, Enova International, Inc. posted the faster year-over-year revenue change (17.4% 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.

Enova International, Inc. is a global fintech firm providing online financial solutions including short-term consumer loans and small business financing. It operates mainly across North America, South America and Europe, using advanced data analytics to assess creditworthiness and deliver tailored products to underserved borrower segments.

AIR vs ENVA — Head-to-Head

Bigger by revenue
ENVA
ENVA
1.1× larger
ENVA
$875.1M
$795.3M
AIR
Growing faster (revenue YoY)
ENVA
ENVA
+1.5% gap
ENVA
17.4%
15.9%
AIR
Higher net margin
ENVA
ENVA
6.1% more per $
ENVA
10.4%
4.4%
AIR

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AIR
AIR
ENVA
ENVA
Revenue
$795.3M
$875.1M
Net Profit
$34.6M
$91.1M
Gross Margin
19.7%
Operating Margin
6.0%
23.7%
Net Margin
4.4%
10.4%
Revenue YoY
15.9%
17.4%
Net Profit YoY
213.1%
24.9%
EPS (diluted)
$0.90
$3.46

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.

Revenue
AIR
AIR
ENVA
ENVA
Q1 26
$875.1M
Q4 25
$795.3M
$839.4M
Q3 25
$739.6M
$802.7M
Q2 25
$764.0M
Q1 25
$745.5M
Q4 24
$729.6M
Q3 24
$689.9M
Q2 24
$628.4M
Net Profit
AIR
AIR
ENVA
ENVA
Q1 26
$91.1M
Q4 25
$34.6M
$79.0M
Q3 25
$34.4M
$80.3M
Q2 25
$76.1M
Q1 25
$72.9M
Q4 24
$63.7M
Q3 24
$43.4M
Q2 24
$53.9M
Gross Margin
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
19.7%
59.8%
Q3 25
18.1%
57.4%
Q2 25
57.8%
Q1 25
57.2%
Q4 24
56.6%
Q3 24
58.0%
Q2 24
58.9%
Operating Margin
AIR
AIR
ENVA
ENVA
Q1 26
23.7%
Q4 25
6.0%
22.2%
Q3 25
6.4%
24.5%
Q2 25
24.1%
Q1 25
23.1%
Q4 24
21.3%
Q3 24
22.3%
Q2 24
23.1%
Net Margin
AIR
AIR
ENVA
ENVA
Q1 26
10.4%
Q4 25
4.4%
9.4%
Q3 25
4.7%
10.0%
Q2 25
10.0%
Q1 25
9.8%
Q4 24
8.7%
Q3 24
6.3%
Q2 24
8.6%
EPS (diluted)
AIR
AIR
ENVA
ENVA
Q1 26
$3.46
Q4 25
$0.90
$2.94
Q3 25
$0.95
$3.03
Q2 25
$2.86
Q1 25
$2.69
Q4 24
$2.29
Q3 24
$1.57
Q2 24
$1.93

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIR
AIR
ENVA
ENVA
Cash + ST InvestmentsLiquidity on hand
$75.6M
$96.1M
Total DebtLower is stronger
$952.7M
$4.8B
Stockholders' EquityBook value
$1.6B
Total Assets
$3.2B
$6.9B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIR
AIR
ENVA
ENVA
Q1 26
$96.1M
Q4 25
$75.6M
$71.7M
Q3 25
$80.0M
$53.6M
Q2 25
$55.6M
Q1 25
$55.5M
Q4 24
$73.9M
Q3 24
$67.5M
Q2 24
$60.1M
Total Debt
AIR
AIR
ENVA
ENVA
Q1 26
$4.8B
Q4 25
$952.7M
$4.5B
Q3 25
$1.0B
$4.1B
Q2 25
$4.0B
Q1 25
$3.8B
Q4 24
$3.6B
Q3 24
$3.3B
Q2 24
$3.2B
Stockholders' Equity
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
$1.6B
$1.3B
Q3 25
$1.2B
$1.3B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.1B
Total Assets
AIR
AIR
ENVA
ENVA
Q1 26
$6.9B
Q4 25
$3.2B
$6.5B
Q3 25
$2.9B
$6.0B
Q2 25
$5.7B
Q1 25
$5.5B
Q4 24
$5.3B
Q3 24
$5.0B
Q2 24
$4.8B
Debt / Equity
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
0.61×
3.37×
Q3 25
0.82×
3.20×
Q2 25
3.23×
Q1 25
3.14×
Q4 24
2.98×
Q3 24
2.79×
Q2 24
2.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIR
AIR
ENVA
ENVA
Operating Cash FlowLast quarter
$13.6M
Free Cash FlowOCF − Capex
$6.2M
FCF MarginFCF / Revenue
0.8%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
0.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
$13.6M
$498.8M
Q3 25
$-44.9M
$481.8M
Q2 25
$447.4M
Q1 25
$391.1M
Q4 24
$430.5M
Q3 24
$398.6M
Q2 24
$360.9M
Free Cash Flow
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
$6.2M
$487.1M
Q3 25
$-53.6M
$470.5M
Q2 25
$436.1M
Q1 25
$378.3M
Q4 24
$420.3M
Q3 24
$387.6M
Q2 24
$349.9M
FCF Margin
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
0.8%
58.0%
Q3 25
-7.2%
58.6%
Q2 25
57.1%
Q1 25
50.7%
Q4 24
57.6%
Q3 24
56.2%
Q2 24
55.7%
Capex Intensity
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
0.9%
1.4%
Q3 25
1.2%
1.4%
Q2 25
1.5%
Q1 25
1.7%
Q4 24
1.4%
Q3 24
1.6%
Q2 24
1.8%
Cash Conversion
AIR
AIR
ENVA
ENVA
Q1 26
Q4 25
0.39×
6.32×
Q3 25
-1.31×
6.00×
Q2 25
5.87×
Q1 25
5.36×
Q4 24
6.76×
Q3 24
9.18×
Q2 24
6.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIR
AIR

Commercial Customer$268.1M34%
Repair And Engineering$244.5M31%
Integrated Solutions$175.8M22%
Government And Defense Customer$85.5M11%
Expeditionary Services$21.4M3%

ENVA
ENVA

Segment breakdown not available.

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