Air T, Inc. (AIRT)
NASDAQ: AIRT · Real-Time Price · USD
28.00
-1.43 (-4.86%)
At close: Aug 19, 2026, 4:00 PM EDT
28.11
+0.11 (0.39%)
After-hours: Aug 19, 2026, 7:30 PM EDT

Air T Financials Overview

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 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 YearTTMFY 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 YearCurrentFY 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 YearTTMFY 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 YearTTMFY 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 YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
1.190.76---5.99
Forward PE
-16.9416.9416.9416.9416.94
P/FCF Ratio
--5.893.894.49-
PS Ratio
0.200.180.160.220.290.37