Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2026

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

Summary of Significant Accounting Policies

Basis of Presentation. The accompanying unaudited condensed consolidated financial statements of Madison Air Solutions Corporation and all of its wholly owned subsidiaries have been prepared in conformity with accounting principles generally accepted in the United States (“U.S. GAAP”) and pursuant to Rule 10-01 of Regulation S-X of the Securities and Exchange Commission (“SEC”) with respect to interim financial information. The balance sheet has been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) set by the Financial Accounting Standards Board (“FASB”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Separate statements of income and comprehensive income, stockholder’s equity, and cash flows have not been presented because there have been no activities in this entity since its formation on November 5, 2025 through March 31, 2026. On April 17, 2026, Madison Air Solutions Corporation became the direct parent of Madison Industries IAQ Solutions Corporation through a series of organizational transactions in connection with its IPO, as discussed in Amendment No. 2 on Form S-1 filed by Madison Air Solutions Corp on April 6, 2026. Therefore, beginning on April 17, 2026, the operations, assets, rights, duties, liabilities, obligations and cash flows of Madison Industries IAQ Solutions Corporation will be reported within Madison Air Solutions Corporation pursuant to a restructuring under common control.