Air Industries Group (AIRI) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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AIRI Revenue Growth
Revenue Breakdown (FY 2024)
AIRI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AIRI Revenue Analysis (2013–2024)
As of May 8, 2026, Air Industries Group (AIRI) generated trailing twelve-month (TTM) revenue of $50.0 million, reflecting significant decline in growth of -17.9% year-over-year. The most recent quarter (Q3 2025) recorded $10.3 million in revenue, down 18.6% sequentially.
Looking at the longer-term picture, AIRI's 5-year compound annual growth rate (CAGR) stands at +0.2%, indicating moderate growth over time. The company achieved its highest annual revenue of $80.4 million in 2015.
Revenue diversification analysis shows AIRI's business is primarily driven by Commercial Member (100%). With over half of revenue concentrated in Commercial Member, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including HAYW (+7.6% YoY), DRS (+10.5% YoY), and KTOS (+21.8% YoY), AIRI has underperformed the peer group in terms of revenue growth. Compare AIRI vs HAYW →
AIRI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $50M | -17.9% | +0.2% | 0.8% | ||
| $1.1B | +7.6% | +5.1% | 21.1% | ||
| $3.6B | +10.5% | +5.6% | 9.5% | ||
| $1.3B | +21.8% | +12.5% | 2.1% | ||
| $1.1B | +24.1% | +10.9% | 11.2% | ||
| $8.8B | +11.7% | +11.6% | 47.2% |
AIRI Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $55.1M | +7.0% | $8.9M | 16.2% | $459K | 0.8% |
| 2023 | $51.5M | -3.2% | $7.4M | 14.4% | $-295,000 | -0.6% |
| 2022 | $53.2M | -9.7% | $7.5M | 14.0% | $-194,000 | -0.4% |
| 2021 | $58.9M | +17.6% | $10.3M | 17.4% | $2.5M | 4.2% |
| 2020 | $50.1M | -8.2% | $6.5M | 13.0% | $-1,439,000 | -2.9% |
| 2019 | $54.6M | +17.8% | $9.1M | 16.8% | $328K | 0.6% |
| 2018 | $46.3M | -7.1% | $5.4M | 11.7% | $-4,913,000 | -10.6% |
| 2017 | $49.9M | -25.5% | $4.9M | 9.8% | $-12,758,000 | -25.6% |
| 2016 | $66.9M | -16.8% | $6.7M | 10.0% | $-10,135,000 | -15.1% |
| 2015 | $80.4M | +25.0% | $17.3M | 21.5% | $626K | 0.8% |
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Start ComparisonAIRI — Frequently Asked Questions
Quick answers to the most common questions about buying AIRI stock.
Is AIRI's revenue growth accelerating or slowing?
AIRI revenue declined -17.9% year-over-year, contrasting with the 5-year CAGR of +0.2%. TTM revenue fell to $50M. This reverses the prior growth trend.
What is AIRI's long-term revenue growth rate?
Air Industries Group's 5-year revenue CAGR of +0.2% reflects the variable expansion pattern. Current YoY growth of -17.9% is below this long-term average.
How is AIRI's revenue distributed by segment?
AIRI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.