Air Industries Group Inc ( (AIRI) ) has released its Q3 earnings. Here is a breakdown of the information Air Industries Group Inc presented to its investors.
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Air Industries Group Inc, based in Bay Shore, New York, operates in the aerospace and defense sector, specializing in manufacturing components for military and commercial aircraft. The company has a unique focus on producing complex machined parts and assemblies for the aerospace industry.
In its latest earnings report for the quarter ending September 30, 2025, Air Industries Group reported a decrease in net sales compared to the previous year, reflecting ongoing challenges in the aerospace sector. Despite a decline in sales, the company managed to improve its gross profit margin, indicating effective cost management strategies.
Key financial highlights include net sales of $10.3 million for the quarter, down from $12.6 million in the same period last year. The company’s gross profit increased to $2.3 million, up from $1.9 million, due to reduced cost of sales. However, the company reported a net loss of $44,000 for the quarter, an improvement from a $404,000 loss in the previous year. The company’s inventory levels increased significantly, suggesting preparations for future demand.
Looking ahead, Air Industries Group is focused on enhancing profitability and cash flow through cost reductions and margin improvements. The company is actively engaging with lenders to refinance or extend its credit facilities, which are set to expire soon. With a backlog of $131.8 million in orders, Air Industries Group anticipates revenue growth in the coming years, although challenges in raw material procurement may delay immediate gains.