AAR CORP
For the period ended Feb 28, 2026. Filed Mar 25, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Feb 28, 2026 · Filed Mar 25, 2026
AIR$116.62+6.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
As of February 28, 2026 and May 31, 2025
| | | | | | | |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| | | | | | | |
| · · February 28, · · May 31, | ||||||
| · · 2026 · · 2025 | ||||||
| · · (Unaudited) · · · | ||||||
| Current assets: | | | | | | |
| Cash and cash equivalents | | $78.5 | | $96.5 | ||
| Restricted cash | | | 21.6 | | | 12.7 |
| Accounts receivable, less allowances of $13.3 and $10.7, respectively | | | 426.2 | | | 354.8 |
| Contract assets | | | 142.3 | | | 140.3 |
| Inventories | | 958.2 | | 809.2 | ||
| Prepaid expenses and other current assets | | | 136.9 | | | 97.1 |
| Total current assets | | 1,763.7 | | 1,510.6 | ||
| | | | | | | |
| Property, plant, and equipment, net of accumulated depreciation of $274.7 and $278.7, respectively | | | 163.2 | | | 158.5 |
| | | | | | | |
| Other assets: | | | | | | |
| Goodwill | | 552.3 | | 530.8 | ||
| Intangible assets, net of accumulated amortization of $46.7 and $29.5, respectively | | 288.6 | | 219.6 | ||
| Rotable assets supporting long-term programs | | | 188.0 | | | 172.4 |
| Lease right-of-use assets, net | | | 192.8 | | | 93.3 |
| Other non-current assets | | 183.9 | | 159.4 | ||
| | | 1,405.6 | | 1,175.5 | ||
| | | $3,332.5 | | $2,844.6 | ||
Condensed Consolidated Balance Sheets
As of February 28, 2026 and May 31, 2025
| | | | | | | |
|---|---|---|---|---|---|---|
| LIABILITIES AND EQUITY | ||||||
| | | | | | | |
| · · February 28, · · May 31, | ||||||
| · · 2026 · · 2025 | ||||||
| · · (Unaudited) · · · | ||||||
| Current liabilities: | | | | | | |
| Accounts payable | | $324.0 | | $303.1 | ||
| Accrued liabilities | | 329.0 | | 251.6 | ||
| Total current liabilities | | 653.0 | | 554.7 | ||
| | | | | | | |
| Long-term debt | | 888.3 | | 968.0 | ||
| Lease liabilities | | | 91.4 | | | 79.6 |
| Deferred tax liabilities | | 18.0 | | 18.4 | ||
| Other liabilities | | 38.4 | | 12.3 | ||
| | | 1,036.1 | | 1,078.3 | ||
| | | | | | | |
| Equity: | | | | | | |
| Preferred stock, $1.00 par value, authorized 250,000 shares; none issued | | — | | –– | ||
| Common stock, $1.00 par value, authorized 100,000,000 shares; issued 48,750,786 and 45,300,786 shares at cost, respectively | | 48.8 | | 45.3 | ||
| Capital surplus | | 784.5 | | 505.2 | ||
| Retained earnings | | 1,106.4 | | 969.4 | ||
| Treasury stock, 8,986,518 and 9,470,781 shares at cost, respectively | | (291.6) | | (302.7) | ||
| Accumulated other comprehensive loss | | (4.7) | | (5.6) | ||
| Total equity | | 1,643.4 | | 1,211.6 | ||
| | | $3,332.5 | | $2,844.6 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.