Air Industries Group (AIRI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -1.3M | -598K | -2.62M | 345K | 1.52M | -184K | 174K | 566K | -232K | -2.23M | 5.69M | -32K | 1.44M | 521K | -388K | -970K | 1.28M | 1.55M | 2.69M | -748K |
| Operating CF Margin % | -11.18% | -4.67% | -25.45% | 2.73% | 12.57% | -1.23% | 1.39% | 4.17% | -1.65% | -16.56% | 46.26% | -0.24% | 11.46% | 3.75% | -2.92% | -6.92% | 10.65% | 10.05% | 18.78% | -4.84% |
| Operating CF Growth % | -185.11% | -225% | -1608.05% | -39.05% | 757.33% | 91.75% | -96.94% | 1868.75% | -116.13% | -528.21% | 1565.72% | 96.7% | 11.91% | -66.39% | -114.4% | -29.68% | 126.63% | -6.57% | 225.88% | -2.61% |
| Net Income | -1.02M | 149K | -44K | -422K | -988K | -554K | -404K | 298K | -706K | 181K | -1.3M | -395K | -618K | -899K | -142K | -7K | -28K | 1.61M | -66K | 239K |
| Depreciation & Amortization | 879K | 897K | 833K | 831K | 811K | 763K | 731K | 703K | 727K | 657K | 768K | 771K | 763K | 758K | 736K | 777K | 796K | 826K | 812K | 826K |
| Stock-Based Compensation | 0 | 211K | 166K | 196K | 474K | 495K | 190K | 50K | 62K | 222K | 82K | 241K | 99K | 48K | 55K | 141K | 66K | 82K | 147K | 57K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -87K | 92K |
| Other Non-Cash Items | 1.17M | 56K | -69K | 16K | 27K | 158K | -43K | -32K | 243K | -115K | 7K | 92K | -39K | -303K | 111K | 57K | -148K | 9K | 37K | 30K |
| Working Capital Changes | -2.33M | -1.91M | -3.51M | -276K | 1.2M | -1.05M | -300K | -453K | -558K | -3.18M | 6.13M | -741K | 1.23M | 917K | -1.15M | -1.94M | 599K | -973K | 1.85M | -1.99M |
| Change in Receivables | -579K | -374K | 238K | -200K | 2.1M | -1.8M | 324K | 535K | -120K | -2.7M | 2.92M | -903K | 2.21M | -614K | 405K | -1.52M | 3.03M | 103K | 1.74M | -2.62M |
| Change in Inventory | -1.02M | 166K | -4.24M | -1.25M | -124K | 1.7M | -1.33M | 181K | 233K | 1.5M | 1.42M | -373K | -573K | 1.59M | -420K | -989K | -2.47M | -173K | 850K | 1.99M |
| Change in Payables | -725K | 0 | 794K | 0 | -552K | -49K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 256K | 739K | 0 | -333K | -367K | -858K |
| Cash from Investing | -425K | -304K | -705K | -896K | -1.22M | -792K | -269K | -1.11M | -111K | -245K | -484K | -410K | -973K | -381K | -653K | -897K | -430K | -381K | -352K | -358K |
| Capital Expenditures | -425K | -304K | -905K | -896K | -1.22M | -801K | -269K | -1.12M | -111K | -252K | -484K | -410K | -973K | -381K | -653K | -897K | -430K | -381K | -352K | -358K |
| CapEx % of Revenue | 3.66% | 2.37% | 8.78% | 7.08% | 10.03% | 5.37% | 2.14% | 8.25% | 0.79% | 1.87% | 3.94% | 3.1% | 7.75% | 2.74% | 4.92% | 6.4% | 3.56% | 2.47% | 2.45% | 2.32% |
| Acquisitions | 0 | 0 | 200K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 9K | 0 | 7K | 0 | 7K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 1.33M | 1.46M | 6.88M | 773K | -776K | 1.54M | 34K | 569K | 222K | 2.08M | -5.3M | 154K | 379K | -51K | 303K | 2.43M | -1.12M | -1.23M | -2.17M | -110K |
| Debt Issued (Net) | 1.33M | 1.46M | 3.42M | 570K | -1.63M | 1.22M | 34K | 569K | 222K | 2.08M | -5.28M | 154K | 379K | -51K | 323K | 2.43M | -1.12M | -1.23M | -2.17M | -110K |
| Equity Issued (Net) | 0 | -2K | 3.46M | 330K | 855K | 327K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | -127K | 0 | 0 | 0 | 0 | 0 | 0 | -25K | 0 | 0 | 0 | -20K | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -394K | 554K | 3.55M | 222K | -468K | 567K | -61K | 22K | -121K | -394K | -97K | -288K | 844K | 89K | -738K | 566K | -263K | -65K | 177K | -1.22M |
| Free Cash Flow | -1.72M | -902K | -3.53M | -551K | 308K | -985K | -95K | -554K | -343K | -2.48M | 5.2M | -442K | 465K | 140K | -1.04M | -1.87M | 855K | 1.17M | 2.34M | -1.11M |
| FCF Margin % | -14.85% | -7.04% | -34.23% | -4.35% | 2.54% | -6.6% | -0.76% | -4.08% | -2.44% | -18.43% | 42.32% | -3.35% | 3.71% | 1.01% | -7.84% | -13.33% | 7.09% | 7.58% | 16.32% | -7.16% |
| FCF Growth % | -659.42% | 8.43% | -3614.74% | 0.54% | 189.8% | 60.33% | -101.83% | -25.34% | -173.76% | -1873.57% | 599.81% | 76.33% | -45.61% | -88.02% | -144.43% | -68.81% | 190.82% | 275.26% | 170.94% | -15.21% |
| FCF per Share | -0.36 | -0.53 | -0.85 | -0.15 | 0.09 | -0.28 | -0.03 | -0.17 | -0.10 | -0.75 | 1.58 | -0.14 | 0.14 | 0.04 | -0.32 | -0.58 | 0.27 | 0.36 | 0.73 | -0.29 |
| FCF Conversion (FCF/Net Income) | 1.27x | -4.01x | 59.64x | -0.82x | -1.54x | 0.33x | -0.43x | 1.90x | 0.33x | -12.33x | -4.38x | 0.08x | -2.33x | -0.58x | 2.73x | 138.57x | -45.89x | 0.97x | -40.83x | -3.13x |
| Interest Paid | 0 | 0 | 0 | 429K | 432K | 462K | 470K | 461K | 456K | 441K | 517K | 479K | 476K | 400K | 0 | 0 | 283K | 288K | 0 | 0 |
| Taxes Paid | 0 | 2K | 0 | 2K | 17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |