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AAR Corp.(AIR)2026财年第二季度财报(10-Q)「NYSE」(英文版)(49页).pdf

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1、Table of ContentsUNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934For the Quarterly Period Ended November 30,2025or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXC

2、HANGE ACT OF 1934For the transition period from to Commission File Number:1-6263AAR CORP.(Exact name of registrant as specified in its charter)Delaware 36-2334820(State or other jurisdiction of incorporation or organization)(I.R.S.Employer Identification No.)One AAR Place,1100 N.Wood Dale Road Wood

3、Dale,Illinois 60191(Address of principal executive offices)(Zip Code)(630)227-2000(Registrants telephone number,including area code)Securities registered pursuant to Section 12(b)of the Act:Title of Each Class Trading Symbol(s)Name of Each Exchange on Which RegisteredCommon Stock,$1.00 par valueAIRN

4、ew York Stock ExchangeNYSE TexasIndicate by check mark whether the registrant(1)has filed all reports required to be filed by Section 13 or 15(d)of the Securities Exchange Act of 1934during the preceding 12 months(or for such shorter period that the registrant was required to file such reports),and(

5、2)has been subject to such filingrequirements for the past 90 days.Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T(232.405 of this chapter)during the preceding 12 months(or fo

6、r such shorter period that the registrant was required to submit suchfiles).Yes No Indicate by check mark whether the registrant is a large accelerated filer,an accelerated filer,a non-accelerated filer,a smaller reporting company,or anemerging growth company.See the definitions of“large accelerated

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1. **公司概况**:AAR Corp.(纽交所代码:AIR)为航空航天与国防领域提供产品及服务,2025财年第三季度(截至11月30日)营收7.953亿美元,净利润3460万美元。 2. **关键财务数据**: - 现金及 equivalents:7.56亿美元(2025年11月30日),较5月底减少9600万美元。 - 总资产32.425亿美元,股东权益15.612亿美元。 - 六个月净利润6900万美元,上年同期亏损1260万美元。 3. **重大收购**:2025年完成三笔收购,包括HAECO Americas(7650万美元)、ADI(1.377亿美元)和Aerostrat(2010万美元),整合至不同业务板块。 4. **业务表现**: - 产品销售5.093亿美元,服务销售2.86亿美元。 - 毛利率19.7%(第三季度),SG&A费用占比11.2%。 5. **现金流**:六个月经营现金流净流出3130万美元,主要因投资活动净流出2.371亿美元(含收购支出)。
**收购影响几何?** **营收增长动力?** **现金流变化何因?**
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