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Air Industries Group (AIRI) Fundamental Analysis & AI Grade 2026

AIRI NYSE Aircraft Parts & Auxiliary Equipment, NEC NV CIK: 0001009891
Updated This Month • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
85% Confidence
AGREEMENT
D
88% Conf
C
82% Conf

📊 AIRI Key Takeaways

Revenue: $11.6M
Net Margin: -8.8%
Free Cash Flow: $-1.7M
Current Ratio: 1.25x
Debt/Equity: 0.29x
EPS: $-0.21
AI Grade: D with 88% confidence
Air Industries Group (AIRI) receives a C fundamental grade with 85% confidence from our AI analysis based on SEC 10-K filings. With revenue of $11.6M, net profit margin of -8.8%, and return on equity (ROE) of -5.3%, Air Industries Group demonstrates mixed fundamentals in the Automotive sector. Below is our complete AIRI stock analysis for 2026.

Is Air Industries Group (AIRI) a Good Investment?

Claude

Air Industries faces severe financial distress with stagnant revenue, persistent operating losses, and negative free cash flow (-1.7M) rapidly depleting a critical 286K cash position. The company burns cash from operations while carrying debt, creating existential going-concern risk absent immediate operational turnaround.

ChatGPT

Air Industries Group shows weak fundamental quality: revenue is flat, operating performance remains slightly loss-making, and net income and free cash flow are negative. The balance sheet is not heavily levered, but extremely low cash, weak quick liquidity, and negative interest coverage increase financial risk until margins and operating cash flow improve.

Air Industries Group Key Strengths (AIRI)

Claude
  • + Conservative leverage at 0.29x debt-to-equity provides some financial flexibility
  • + Modest improvement in net income (-4.5% YoY) and EPS (+24.4% YoY) suggests some cost management efforts
  • + Gross margin of 22.4% indicates core aerospace products retain inherent value despite market challenges
ChatGPT
  • + Low reported leverage with debt/equity of 0.08x
  • + Positive gross profit and an 18.1% gross margin indicate the core business still creates value before overhead and financing costs
  • + Current ratio of 1.22x suggests near-term obligations are not yet critically mismatched against current assets

AIRI Stock Risks: Air Industries Group Investment Risks

Claude
  • ! Critical liquidity crisis: cash balance of 286K with negative operating cash flow creates immediate solvency concerns
  • ! Zero revenue growth (+0% YoY) demonstrates inability to drive top-line expansion or market demand
  • ! Negative interest coverage (-1.4x) means operating losses cannot cover debt service obligations
  • ! Quick ratio of 0.33x reveals severe working capital stress despite acceptable current ratio
  • ! Continuous operating losses (-565K) and negative free cash flow indicate fundamental business model failure
ChatGPT
  • ! Profitability remains weak with negative operating margin, negative net margin, and negative returns on assets and equity
  • ! Liquidity is tight, with only $126K of cash and a 0.30x quick ratio
  • ! Cash generation is poor, with negative operating cash flow, negative free cash flow, and negative interest coverage

Key Metrics to Watch

Claude
  • * Cash position and monthly burn rate - critical runway indicator
  • * Operating cash flow inflection point and path to positive territory
  • * Revenue growth acceleration - current zero growth is unsustainable
  • * Operating margin recovery - must reach positive territory for viability
ChatGPT
  • * Operating margin and operating cash flow trend
  • * Cash balance and quick ratio

Air Industries Group (AIRI) Financial Metrics & Key Ratios

Revenue
$11.6M
Net Income
$-1.0M
EPS (Diluted)
$-0.21
Free Cash Flow
$-1.7M
Total Assets
$59.2M
Cash Position
$286.0K

💡 AI Analyst Insight

Air Industries Group presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

AIRI Profit Margin, ROE & Profitability Analysis

Gross Margin 22.4%
Operating Margin -4.9%
Net Margin -8.8%
ROE -5.3%
ROA -1.7%
FCF Margin -14.8%

AIRI vs Automotive Sector: How Air Industries Group Compares

How Air Industries Group compares to Automotive sector averages

Net Margin
AIRI -8.8%
vs
Sector Avg 6.0%
AIRI Sector
ROE
AIRI -5.3%
vs
Sector Avg 12.0%
AIRI Sector
Current Ratio
AIRI 1.2x
vs
Sector Avg 1.2x
AIRI Sector
Debt/Equity
AIRI 0.3x
vs
Sector Avg 1.0x
AIRI Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Air Industries Group Stock Overvalued? AIRI Valuation Analysis 2026

Based on fundamental analysis, Air Industries Group has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
-5.3%
Sector avg: 12%
Net Profit Margin
-8.8%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.29x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Air Industries Group Balance Sheet: AIRI Debt, Cash & Liquidity

Current Ratio
1.25x
Quick Ratio
0.33x
Debt/Equity
0.29x
Debt/Assets
67.7%
Interest Coverage
-1.39x
Long-term Debt
$5.6M

AIRI Revenue & Earnings Growth: 5-Year Financial Trend

AIRI 5-year financial data: Year 2024: Revenue $55.1M, Net Income -$2.1M, EPS $-0.65. Year 2025: Revenue $55.1M, Net Income -$1.4M, EPS $-0.41.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Air Industries Group's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.41 indicates the company is currently unprofitable.

AIRI Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-14.8%
Free cash flow / Revenue

AIRI Quarterly Earnings & Performance

Quarterly financial performance data for Air Industries Group including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $11.6M -$988.0K $-0.21
Q3 2025 $10.3M -$44.0K $-0.01
Q2 2025 $12.7M $298.0K $0.08
Q1 2025 $12.1M -$706.0K $-0.21
Q2 2018 $19.0K $185.0K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Air Industries Group Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$1.3M
Cash generated from operations
Capital Expenditures
$425.0K
Investment in assets
Dividends
None
No dividend program

AIRI SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Air Industries Group (CIK: 0001009891)

📋 Recent SEC Filings

Date Form Document Action
May 13, 2026 10-Q ea0289575-10q_airindus.htm View →
Apr 28, 2026 4 xslF345X06/ownership.xml View →
Apr 13, 2026 4 xslF345X06/ownership.xml View →
Mar 27, 2026 10-K ea0282298-10k_airindustries.htm View →
Mar 20, 2026 8-K ea0282659-8k_airindus.htm View →

Frequently Asked Questions about AIRI

What is the AI rating for AIRI?

Air Industries Group (AIRI) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 85% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AIRI's key strengths?

Claude: Conservative leverage at 0.29x debt-to-equity provides some financial flexibility. Modest improvement in net income (-4.5% YoY) and EPS (+24.4% YoY) suggests some cost management efforts. ChatGPT: Low reported leverage with debt/equity of 0.08x. Positive gross profit and an 18.1% gross margin indicate the core business still creates value before overhead and financing costs.

What are the risks of investing in AIRI?

Claude: Critical liquidity crisis: cash balance of 286K with negative operating cash flow creates immediate solvency concerns. Zero revenue growth (+0% YoY) demonstrates inability to drive top-line expansion or market demand. ChatGPT: Profitability remains weak with negative operating margin, negative net margin, and negative returns on assets and equity. Liquidity is tight, with only $126K of cash and a 0.30x quick ratio.

What is AIRI's revenue and growth?

Air Industries Group reported revenue of $11.6M.

Does AIRI pay dividends?

Air Industries Group does not currently pay dividends.

Where can I find AIRI SEC filings?

Official SEC filings for Air Industries Group (CIK: 0001009891) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AIRI's EPS?

Air Industries Group has a diluted EPS of $-0.21.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is AIRI's fundamental grade?

Based on our AI fundamental analysis in June 2026, Air Industries Group has a C grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is AIRI stock overvalued or undervalued?

Valuation metrics for AIRI: ROE of -5.3% (sector avg: 12%), net margin of -8.8% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

What is AIRI's AI grade for 2026?

Our dual AI analysis gives Air Industries Group a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AIRI's free cash flow?

Air Industries Group's operating cash flow is $-1.3M, with capital expenditures of $425.0K. FCF margin is -14.8%.

How does AIRI compare to other Automotive stocks?

Vs Automotive sector averages: Net margin -8.8% (avg: 6%), ROE -5.3% (avg: 12%), current ratio 1.25 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI