Company Analysis

Air Industries Group (AIRI)

NYSE: AIRI · Aircraft Parts & Auxiliary Equipment, NEC · Bay Shore, NY · filing with the SEC since 2000
Grade2.6
◀ Past 1.8● Present 3.2▶ Future 2.7

The grade of Air Industries Group

Nine metrics read from its own filings, by tense
Headline grade
2.6/10
◀ Past1.830% of the headline
● Present3.240% of the headline
▶ Future2.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

1.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.1/10

Has it survived what it has been through?

24 warning events since 2017; the latest 2025-04-21.

weight 33% of this tense · 11th percentile among 14 sector filers · read for itself

From the record

Air Industries Group's filings since 2017 show 24 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2023-11-29); an auditor change (8-K item 4.01, 3 times, the latest 2025-04-21); a late-report notice (Form NT 10-K or NT 10-Q, 15 times, the latest 2025-04-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.0/10

What has it actually done, year after year?

-0.5% a year over 9 filed years; profitable in 2 of 9.

weight 45% of this tense · 20th percentile among 11 sector filers · read for its customers

From the record

Air Industries Group's 9 filed years say what it did: revenue went from $50 million in fiscal 2017 to $48 million in fiscal 2025, down 0.5% a year; it rose in 3 of 8 years; the deepest fall was 19% from fiscal 2021 to fiscal 2025; net income was positive in 2 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-0.5%bottom 5% of its family
  • the share of years revenue rosebottom 5% of its family
  • the share of filed years with a profitbottom 23% of its family
  • the deepest fall from a revenue peak18.7%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.5/10

How has it treated the people who own it?

Share count grew 9.3% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 25th percentile among 8 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Air Industries Group's diluted share count grew about 9.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 15% of its family
  • cash returned against operating cash flowbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.0/10

Is it financially healthy right now?

ROE -7%: lost 7¢ per shareholder dollar. Leverage 67%: owes 67¢ per asset dollar.

weight 45% of this tense · 30th percentile among 11 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Air Industries Group lost about 7 cents for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 67 cents per dollar of assets, and net share issuance: its share count grew 26.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 38% of its family
  • return on equitybottom 25% of its family
  • gross profit against assetsbottom 41% of its family
  • the share count against the year beforebottom 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.0/10

How strong is its position in its industry?

bottom 20% of 11 in its family; net margin -2.7%.

weight 33% of this tense · 20th percentile among 11 sector filers · read for its customers

From the record

Air Industries Group's standing among 11 graded names in its industry family: revenue of $48 million in fiscal 2025 ranks in the bottom 15% by size; a net margin of -2.7% ranks in the bottom 32%; revenue growth of -3.4% a year over the last 3 filed years ranks in the bottom 14% (its annual reports).

What it rests on

  • revenue against the family$47.9Mbottom 15% of its family
  • net margin-2.7%bottom 32% of its family
  • three-year revenue growth-3.4%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.5/10

What are the people in charge doing?

top 45% of 7 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 55th percentile among 7 sector filers · read for its shareholders

From the record

Air Industries Group's leadership, from its insiders' filings and its current reports: the chief executive on the record is Glassman, Scott (Acting CEO and President, as filed), filing under that title since 2026-04-28, 7 months (bottom 7% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 18 years (top 8%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (top 35%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 8 peopletop 35% of its family
  • the median years the people in charge have filed18.0 yearstop 8% of its family
  • the chief executive's years on the record6 monthsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

2.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
2.9/10

How much room does it have to grow?

bottom 29% of 11 in its family for room to expand.

weight 45% of this tense · 29th percentile among 11 sector filers · read for itself

From the record

Air Industries Group's room to grow, from the newest filed statements (fiscal 2025): cash of $5 million against debt of $6 million leaves -2.1% of its assets as net cash, bottom 41% of its family; cash from operations less capital spending is -9.8% of revenue (bottom 23%); a gross margin of 17.1% (bottom 23%) (its annual report).

What it rests on

  • cash less debt against assets-2.1%bottom 41% of its family
  • cash from operations less capital spending against revenue-9.8%bottom 23% of its family
  • gross margin17.1%bottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.1/10

What could actually drive growth from here?

bottom 21% of 11 in its family for growth drivers.

weight 33% of this tense · 21st percentile among 11 sector filers · read for its customers

From the record

Air Industries Group's growth drivers, from the filed years to fiscal 2025: revenue grew -3.4% a year over the last three filed years against -0.5% over all 9, slowing (bottom 14% of its family); the newest year grew -13% (bottom 14%); capital spending grew 12.1% a year (bottom 35%) (its annual reports). Air Industries Group tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-2.9 points a yearbottom 14% of its family
  • the newest year's revenue growth-13.0%bottom 14% of its family
  • three-year growth of capital spending12.1%bottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.2/10

Did its newest year beat what its own record pointed to?

bottom 32% of 10 in its family for expectations against reality.

weight 22% of this tense · 32nd percentile among 10 sector filers · read for its shareholders

From the record

Air Industries Group's newest year against its own record: revenue of $48 million in fiscal 2025 came in 14.5% below the $56 million its prior three years' pace pointed to (bottom 15% of its family); net income of $1 million against a prior three-year average of $2 million (bottom 45%); a net margin of -2.7% against -2.9% before (bottom 35%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-14.5%bottom 15% of its family
  • net income against the prior three years' average+14%bottom 45% of its family
  • net margin against its prior average+0.2 pointsbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AIRI · research, not advice