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Side-by-side financial comparison of AAR CORP (AIR) and Global-E Online Ltd. (GLBE). Click either name above to swap in a different company.
AAR CORP is the larger business by last-quarter revenue ($795.3M vs $625.5M, roughly 1.3× Global-E Online Ltd.). AAR CORP runs the higher net margin — 4.4% vs 0.9%, a 3.4% gap on every dollar of revenue.
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.
Global-E Online Ltd. operates a leading cross-border e-commerce enablement platform that helps direct-to-consumer brands and retail enterprises expand their international sales reach. It offers end-to-end services including localized checkout, payment processing, customs clearance, logistics coordination, and duty calculation, serving clients across North America, Europe, and the Asia-Pacific region.
AIR vs GLBE — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $795.3M | $625.5M |
| Net Profit | $34.6M | $5.8M |
| Gross Margin | 19.7% | 45.0% |
| Operating Margin | 6.0% | 1.3% |
| Net Margin | 4.4% | 0.9% |
| Revenue YoY | 15.9% | — |
| Net Profit YoY | 213.1% | — |
| EPS (diluted) | $0.90 | — |
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 | — | ||
| Q3 25 | $739.6M | $625.5M | ||
| Q2 25 | — | $404.8M | ||
| Q1 25 | — | $189.9M | ||
| Q3 24 | — | $489.9M | ||
| Q2 24 | — | $313.9M | ||
| Q1 24 | — | $145.9M |
| Q4 25 | $34.6M | — | ||
| Q3 25 | $34.4M | $5.8M | ||
| Q2 25 | — | $-7.4M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $-77.1M | ||
| Q2 24 | — | $-54.5M | ||
| Q1 24 | — | — |
| Q4 25 | 19.7% | — | ||
| Q3 25 | 18.1% | 45.0% | ||
| Q2 25 | — | 44.9% | ||
| Q1 25 | — | 44.3% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | — | 44.8% | ||
| Q1 24 | — | 43.4% |
| Q4 25 | 6.0% | — | ||
| Q3 25 | 6.4% | 1.3% | ||
| Q2 25 | — | -2.1% | ||
| Q1 25 | — | -10.1% | ||
| Q3 24 | — | -14.9% | ||
| Q2 24 | — | -16.6% | ||
| Q1 24 | — | -20.1% |
| Q4 25 | 4.4% | — | ||
| Q3 25 | 4.7% | 0.9% | ||
| Q2 25 | — | -1.8% | ||
| Q1 25 | — | — | ||
| Q3 24 | — | -15.7% | ||
| Q2 24 | — | -17.4% | ||
| Q1 24 | — | — |
| Q4 25 | $0.90 | — | ||
| Q3 25 | $0.95 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $251.4M |
| Total DebtLower is stronger | $952.7M | — |
| Stockholders' EquityBook value | $1.6B | $933.0M |
| Total Assets | $3.2B | $1.3B |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $75.6M | — | ||
| Q3 25 | $80.0M | $251.4M | ||
| Q2 25 | — | $205.2M | ||
| Q1 25 | — | $207.7M | ||
| Q3 24 | — | $207.3M | ||
| Q2 24 | — | $229.8M | ||
| Q1 24 | — | $181.9M |
| Q4 25 | $952.7M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.2B | $933.0M | ||
| Q2 25 | — | $909.1M | ||
| Q1 25 | — | $884.3M | ||
| Q3 24 | — | $869.4M | ||
| Q2 24 | — | $878.7M | ||
| Q1 24 | — | $886.9M |
| Q4 25 | $3.2B | — | ||
| Q3 25 | $2.9B | $1.3B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — |
| 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.
| Q4 25 | $13.6M | — | ||
| Q3 25 | $-44.9M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $-53.6M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.8% | — | ||
| Q3 25 | -7.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.9% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.39× | — | ||
| Q3 25 | -1.31× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| 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% |
GLBE
Segment breakdown not available.
