Air Industries Group — Q3 2026 Earnings Summary

Air Industries Group reported significantly improved financial results for the third quarter and nine months ended September 30, 2026, driven by a 41.1% increase in net sales to $14.6 million for the quarter and a 38.3% rise in gross profit for the nine-month period. The company achieved a third-quarter net income of $946,000, or $0.19 per share, compared to a net loss in the prior year, while gross margins expanded to 25.5% from 22.2%. Although operating expenses rose due to $2.6 million in stock compensation and merger-related costs, adjusted operating income and net income excluding these items showed substantial growth. Management projects continued performance improvement into 2027, supported by a firm customer order backlog totaling $95.4 million.