Air T, Inc. (AIRT)
NASDAQ: AIRT · Real-Time Price · USD
27.10
-0.43 (-1.56%)
At close: Jul 24, 2026, 4:00 PM EDT
26.15
-0.95 (-3.51%)
After-hours: Jul 24, 2026, 7:34 PM EDT

Air T Financials Overview

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
327.09327.09291.85286.83247.32177.08
Revenue Growth
12.07%12.07%1.75%15.97%39.67%1.12%
Gross Profit
119.16119.1664.5555.1850.4541.24
Operating Income
-11.2-11.21.911.26-4.418.76
Net Income
77.9877.98-6.14-6.82-12.310.93
Earnings Per Share
28.8528.85-2.23-2.42-4.323.78
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Regional Airline
55.3155.31----
Ground Equipment Sales
47.1947.1938.9437.1748.4942.24
Commercial Jet Engines and Parts
89.9189.91119.41127.69101.7457.69
Overnight Air Cargo
128.69128.69124.91115.6790.5474.41
Digital Solutions
9.19.17.275.78--
Unallocated Other
5.075.073.573.96--
Intercompany
-8.18-8.18-2.25-3.43--
Total
327.09327.09291.85286.83247.32177.08

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
26.326.37.619.779.2510.92
Total Debt
224.7224.7129.12125.2137.52143.99
Net Cash (Debt)
-198.41-198.41-121.5-115.44-128.27-133.07
Net Cash Growth
------
Net Cash Per Share
-73.40-73.40-44.18-40.99-45.05-46.08

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
-25.04-25.0423.517.1816.91-33.08
Capital Expenditures
-17.71-16.48-15.68-1.08-1.18-1.56
Free Cash Flow
-42.75-41.537.8216.115.73-34.64
Free Cash Flow Growth
---51.45%2.36%--

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
36.43%36.43%22.12%19.24%20.40%23.29%
Operating Margin
-3.42%-3.42%0.65%0.44%-1.78%4.94%
Pretax Margin
26.30%26.30%-1.71%-1.38%-4.59%7.57%
Profit Margin
25.88%25.88%-1.85%-1.63%-4.77%6.90%
FCF Margin
-13.07%-12.70%2.68%5.61%6.36%-19.56%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
0.940.76---6.02
Forward PE
-16.9416.9416.9416.9416.94
P/FCF Ratio
--5.843.834.49-
PS Ratio
0.220.180.160.210.290.37