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 Cash Flow Statement
Financials in millions USD. Fiscal year is April - March.
Millions USD. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Net Income | 63.81 | 77.98 | -6.14 | -6.82 | -12.3 | 10.93 |
Depreciation & Amortization | 20.94 | 12.34 | 4.36 | 2.8 | 4.16 | 1.86 |
Loss (Gain) From Sale of Assets | -7.03 | -7.03 | - | - | - | - |
Asset Writedown & Restructuring Costs | - | - | - | - | 0.52 | 0.04 |
Loss (Gain) on Equity Investments | -1.49 | 1.74 | -1.7 | -1.69 | -1.46 | -0.04 |
Other Operating Activities | -102.29 | -101.89 | 4.1 | 4.62 | 8.6 | -5.39 |
Change in Accounts Receivable | 4.09 | -3.35 | -1.81 | 4.99 | 1.91 | -21.79 |
Change in Inventory | -35.55 | -24.09 | 20.63 | 9.1 | 10.16 | -17.6 |
Change in Accounts Payable | 19.21 | 16.34 | 2.71 | 4.62 | 0.99 | 1.05 |
Change in Income Taxes | 0.38 | - | - | - | - | - |
Change in Other Net Operating Assets | 11.15 | 2.91 | 1.35 | -0.45 | 4.32 | -2.14 |
Operating Cash Flow | -26.78 | -25.04 | 23.5 | 17.18 | 16.91 | -33.08 |
Operating Cash Flow Growth | - | - | 36.78% | 1.59% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Capital Expenditures | -37.58 | -16.48 | -15.68 | -1.08 | -1.18 | -14.97 |
Sale of Property, Plant & Equipment | 19.89 | 19.89 | - | - | - | - |
Cash Acquisitions | -24.71 | -6.71 | - | - | -2.5 | -12.8 |
Investment in Securities | -13.24 | -9.81 | -1 | -1.44 | -2.38 | -5.98 |
Other Investing Activities | -7.47 | -8.69 | -3.51 | 0.02 | -0.11 | 0.36 |
Investing Cash Flow | -63.1 | -21.8 | -20.19 | -2.5 | -6.17 | -33.39 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Long-Term Debt Issued | - | 224.4 | 162.3 | 157.88 | 149.96 | 144.87 |
Long-Term Debt Repaid | - | -154.57 | -166.42 | -170.3 | -160.81 | -88.36 |
Net Debt Issued (Repaid) | 89.44 | 69.83 | -4.11 | -12.42 | -10.85 | 56.51 |
Repurchase of Common Stock | -0.03 | -0.03 | -1.45 | -0.88 | - | - |
Other Financing Activities | 5.71 | -4.4 | 0.76 | -0.62 | -1.53 | 2.75 |
Financing Cash Flow | 95.12 | 65.4 | -4.8 | -13.91 | -12.38 | 59.25 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Foreign Exchange Rate Adjustments | 1.19 | -0.04 | 0.41 | -0.02 | 0.36 | -0.34 |
Net Cash Flow | 6.43 | 18.51 | -1.09 | 0.75 | -1.28 | -7.56 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | -64.35 | -41.53 | 7.82 | 16.1 | 15.73 | -48.05 |
Free Cash Flow Growth | - | - | -51.45% | 2.36% | - | - |
Free Cash Flow Margin | -17.31% | -12.70% | 2.68% | 5.61% | 6.36% | -27.13% |
Free Cash Flow Per Share | -23.82 | -15.36 | 2.84 | 5.72 | 5.53 | -16.64 |
Levered Free Cash Flow | -47.28 | -36.6 | 11.92 | 20.57 | 7.61 | -37.03 |
Unlevered Free Cash Flow | -38.15 | -29.57 | 17.5 | 24.95 | 12.78 | -33.79 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Cash Interest Paid | 11.7 | 8.5 | 8.4 | 3.89 | 5.87 | 1.52 |
Cash Income Tax Paid | 0.85 | 0.85 | 0.98 | 0.92 | 1.03 | 0.43 |
Change in Working Capital | -0.72 | -8.19 | 22.88 | 18.26 | 17.38 | -40.48 |