Madison Air Solutions IPO: revenue, profit and offering terms from its S-1
Madison Air Solutions priced its IPO at $27 a share on 17 Apr 2026 and raised $2.2 billion. Its shares trade on NYSE as MAIR. Revenue was $3.3 billion in 2025, up 27% from 2024, with a net profit of $124 million.
Headlines
- Revenue, 2025
- $3.3B
- Up 27% on the year before
- Net income, 2025
- $124M
- IPO price
- $27
- $2.2B raised
Madison Air Solutions IPO terms
From the final prospectus (424B4).
- Exchange
- New York Stock Exchange
- Ticker
- MAIR
- IPO price
- $27
- Shares offered
- 82,692,308
- Raised
- $2.2B
- Registered
- $2.6B, the amount the filing fee is paid on
- Underwriters
- Goldman Sachs & Co. LLC, Barclays, Jefferies and Wells Fargo Securities
- First filed
- 9 Mar 2026
Madison Air Solutions revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $2.6B | - | $236M |
| 2025 | $3.3B | $532M | $124M |
Madison Air Solutions share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 10 votes
- Employees
- 8,650
- Headquarters
- Chicago, Illinois
Madison Air Solutions shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $27
- Priced 17 Apr 2026
- First close
- $32.45
- +20% on the IPO price
- Latest close
- $22.92
- -15% on the IPO price
Madison Air Solutions' IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from Madison Air Solutions' newest prospectus (S-1/A filed 6 Apr 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.