Air T, Inc. (AIRT)
NASDAQ: AIRT · Real-Time Price · USD
26.11
-0.09 (-0.34%)
At close: Oct 22, 2026, 4:00 PM EDT
26.15
+0.04 (0.15%)
After-hours: Oct 22, 2026, 4:25 PM EDT

Air T Financials Overview

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
371.68327.09291.85286.83247.32177.08
Revenue Growth
25.44%12.07%1.75%15.97%39.67%1.12%
Gross Profit
84.2374.2864.5556.3845.6640.47
Operating Income
-29.21-18.92.341.26-3.888.8
Net Income
63.8177.98-6.14-6.82-12.310.93
Earnings Per Share
23.6228.85-2.23-2.42-4.323.78
EPS Growth
------

Revenue by Segment

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Ground Equipment Sales
35.847.1938.9437.1748.4942.24
Digital Solutions
9.639.17.275.78--
Commercial Jet Engines and Parts
88.3389.91119.41127.69101.7457.69
Overnight Air Cargo
128.44128.69124.91115.6790.5474.41
Regional Airline
-55.31----
Intercompany
-8.54-8.18-2.25-3.43--
Unallocated Other
5.455.073.573.96--
Total
371.68327.09291.85286.83247.32177.08

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
17.9121.366.357.635.816.48
Total Debt
264.78224.7129.12125.2137.52143.99
Net Cash (Debt)
-246.86-203.35-122.76-117.57-131.71-137.51
Net Cash Growth
------
Net Cash Per Share
-91.39-75.23-44.64-41.75-46.26-47.61

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
-26.78-25.0423.517.1816.91-33.08
Capital Expenditures
-37.58-16.48-15.68-1.08-1.18-14.97
Free Cash Flow
-64.35-41.537.8216.115.73-48.05
Free Cash Flow Growth
---51.45%2.36%--

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
22.66%22.71%22.12%19.66%18.46%22.86%
Operating Margin
-7.86%-5.78%0.80%0.44%-1.57%4.97%
Pretax Margin
19.31%26.30%-1.71%-1.38%-4.59%7.57%
Profit Margin
17.17%23.84%-2.10%-2.38%-4.97%6.17%
FCF Margin
-17.31%-12.70%2.68%5.61%6.36%-27.13%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
1.110.76---5.99
Forward PE
-16.9416.9416.9416.9416.94
P/FCF Ratio
--5.893.894.49-
PS Ratio
0.190.180.160.220.290.37