AIRI
Air Industries Group
AIRI has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over AIRI overall, supported by stronger fundamentals and stronger modeled upside.
AIRI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Weak | |
| Weak |
AIRI's revenue and profitability are currently stable, but its cash flow and balance sheet are weak.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
AIRI PE Valuation
AIRI has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
AIRI Forward outlook
There aren't enough analyst estimates for AIRI to show an outlook.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
AIRI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.32 | +$0.34 |
| Q1 2026 | -$0.25 | +$0.22 |
| Q4 2025 | -$0.31 | +$0.10 |
| Q3 2025 | -$0.55 | -$0.36 |
| Q2 2025 | -$0.66 | -$0.19 |
| Q1 2025 | -$0.47 | +$0.20 |
| Q4 2024 | -$0.41 | +$0.24 |
| Q3 2024 | -$0.19 | +$0.80 |
AIRI has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
AIRI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $12M | -5.2% |
| Q1 2026 | $11.6M | -4.4% |
| Q4 2025 | $12.8M | -14% |
| Q3 2025 | $10.3M | -18% |
| Q2 2025 | $12.7M | -6.7% |
| Q1 2025 | $12.1M | -14% |
| Q4 2024 | $14.9M | +11% |
| Q3 2024 | $12.6M | +2.1% |
AIRI's revenue has slid since its 2021 peak: $12M last quarter, down 5.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -3% | -3.1 points |
| Q1 2026 | -4.9% | +1.3 points |
| Q4 2025 | 0.7% | +1.3 points |
| Q3 2025 | 3.1% | +2.5 points |
| Q2 2025 | 0.1% | -5.5 points |
| Q1 2025 | -6.2% | -4.3 points |
| Q4 2024 | -0.7% | -5 points |
| Q3 2024 | 0.5% | +7 points |
AIRI has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over AIRI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
AIRI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $1.5M | +$2M |
| Q1 2026 | -$1.7M | -659% |
| Q4 2025 | -$902K | +$83K |
| Q3 2025 | -$3.5M | -$3.4M |
| Q2 2025 | -$551K | +$3K |
| Q1 2025 | $308K | +$651K |
| Q4 2024 | -$985K | +$1.5M |
| Q3 2024 | -$95K | -102% |
AIRI has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
AIRI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +28.4K shares |
| 1 year | +29% | +1.1M shares |
| 3 years | +47% | +1.5M shares |
| 5 years | +27% | +1M shares |
| Available history | +66% | +1.9M shares |
AIRI has the edge over RDW on shareholder dilution, with a more favorable share count trend.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
AIRI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 11.3x | High |
| Q1 2026 | 10.6x | High |
| Q4 2025 | 11.4x | High |
| Q3 2024 | 6.0x | High |
| Q2 2024 | 7.9x | High |
| Q1 2024 | 9.9x | High |
| Q4 2023 | 8.5x | High |
| Q3 2023 | 18.7x | High |
AIRI's net debt is about 11 years of its operating earnings (EBITDA), up from 7.9 years a year ago.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AIRI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.8 | Neutral |
| Stochastic | 63.8 | Neutral |
AIRI's weekly RSI is 45 (neutral) and its Stochastic is 64 (neutral).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
AIRI PE vs Industrials Sector
| Metric | AIRI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
AIRI has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
AIRI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.64 | 1.5% below |
| 20 week MA | $2.66 | 2.3% below |
| 50 week MA | $2.95 | 12% below |
| 100 week MA | $3.24 | 20% below |
| 200 week MA | $3.69 | 30% below |
AIRI is in a downtrend: it's below all five of its weekly moving averages, and 30% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
AIRI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.4 | $11.9 | -35% |
| 2021 | $11.9 | $9.38 | -21% |
| 2022 | $9.38 | $4.38 | -53% |
| 2023 | $4.38 | $3.25 | -26% |
| 2024 | $3.25 | $4.44 | +37% |
| 2025 | $4.44 | $3.09 | -30% |
| 2026 YTD | $3.09 | $2.60 | -16% |
AIRI has finished lower in five of the last six years. It's down 16% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over AIRI on returns for 2026, with the stronger performance.