AAR to acquire 65% of MRO Holdings for ~$3.0B; Q1 revenue +24.1% to $918.0M, net income +16.6% to $40.1M

Filed September 29, 2026 · Period ending August 31, 2026 · Compared to 10-Q Sep 23, 2025 · ~1 min read

Key Changes

• high

  AAR agreed to acquire 65% of MRO Holdings for approximately $3.0 billion, including repayment of $1.3 billion of existing borrowings, funded by new debt, equity, and a PIPE offering.

  MD&A: Pending acquisition verify on EDGAR →
• high

  Repair, Engineering, and Software segment operating margin fell to 5.4% from 8.8%, with operating income down 20% due to lower Airframe MRO profitability and a $4.9 million contingent consideration expense.

  MD&A: Segment results verify on EDGAR →
• high

  Operating cash flow swung to $55.8 million provided from $44.9 million used in the prior-year quarter, a $100.7 million improvement.

  MD&A: Cash flow verify on EDGAR →