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 Income Statement
Financials in millions USD. Fiscal year is April - March.
Millions USD. Fiscal year is Apr - Mar.
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 |
Operating Revenue | 356.94 | 313.11 | 281.19 | 278.25 | 240.77 | 174.34 |
Other Revenue | 14.74 | 13.98 | 10.66 | 8.59 | 6.56 | 2.74 |
| 371.68 | 327.09 | 291.85 | 286.83 | 247.32 | 177.08 | |
Revenue Growth | 25.44% | 12.07% | 1.75% | 15.97% | 39.67% | 1.12% |
Cost of Revenue | 287.45 | 252.81 | 227.3 | 230.46 | 201.66 | 136.6 |
Gross Profit | 84.23 | 74.28 | 64.55 | 56.38 | 45.66 | 40.47 |
Selling, General & Admin | 92.5 | 80.84 | 57.85 | 51.11 | 42.84 | 29.82 |
Other Operating Expenses | - | - | - | 1.2 | 2.54 | - |
Operating Expenses | 113.44 | 93.18 | 62.2 | 55.11 | 49.55 | 31.68 |
Operating Income | -29.21 | -18.9 | 2.34 | 1.26 | -3.88 | 8.8 |
Interest Expense | -14.6 | -11.24 | -8.93 | -7.01 | -8.26 | -5.18 |
Interest & Investment Income | 0.75 | 0.75 | 0.54 | 0.1 | 0.33 | 0.23 |
Earnings From Equity Investments | 1.49 | -1.74 | 1.7 | 1.69 | 1.46 | 0.04 |
Other Non Operating Income (Expenses) | -2.18 | -1.75 | -0.21 | -1.89 | -0.07 | 0.82 |
EBT Excluding Unusual Items | -43.74 | -32.87 | -4.55 | -5.86 | -10.43 | 4.71 |
Merger & Restructuring Charges | -2.95 | - | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | 1.9 | -0.4 | 0.4 |
Gain (Loss) on Sale of Assets | 7.03 | 7.03 | - | - | -0.01 | -0.01 |
Asset Writedown | - | - | - | - | -0.52 | -0.04 |
Other Unusual Items | 111.45 | 111.86 | -0.44 | - | - | 8.33 |
Pretax Income | 71.79 | 86.02 | -4.99 | -3.96 | -11.35 | 13.4 |
Income Tax Expense | 2.17 | 1.37 | 0.42 | 0.73 | 0.43 | 1.17 |
Earnings From Continuing Operations | 69.63 | 84.65 | -5.41 | -4.68 | -11.79 | 12.23 |
Net Income to Company | 69.63 | 84.65 | -5.41 | -4.68 | -11.79 | 12.23 |
Minority Interest in Earnings | -5.82 | -6.67 | -0.73 | -2.14 | -0.51 | -1.3 |
Net Income | 63.81 | 77.98 | -6.14 | -6.82 | -12.3 | 10.93 |
Net Income to Common | 63.81 | 77.98 | -6.14 | -6.82 | -12.3 | 10.93 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 3 | 3 | 3 | 3 | 3 | 3 |
Shares Outstanding (Diluted) | 3 | 3 | 3 | 3 | 3 | 3 |
Shares Change | -1.25% | -1.71% | -2.34% | -1.09% | -1.42% | 0.21% |
EPS (Basic) | 23.62 | 28.85 | -2.23 | -2.42 | -4.32 | 3.79 |
EPS (Diluted) | 23.62 | 28.85 | -2.23 | -2.42 | -4.32 | 3.78 |
EPS Growth | - | - | - | - | - | - |
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 |
Free Cash Flow | -64.35 | -41.53 | 7.82 | 16.1 | 15.73 | -48.05 |
Free Cash Flow Per Share | -23.82 | -15.36 | 2.84 | 5.72 | 5.53 | -16.64 |
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% |
Profit Margin | 17.17% | 23.84% | -2.10% | -2.38% | -4.97% | 6.17% |
Free Cash Flow Margin | -17.31% | -12.70% | 2.68% | 5.61% | 6.36% | -27.13% |
EBITDA | -8.27 | -6.56 | 6.7 | 4.06 | 0.28 | 10.66 |
EBITDA Margin | -2.23% | -2.00% | 2.30% | 1.42% | 0.11% | 6.02% |
D&A For EBITDA | 20.94 | 12.34 | 4.36 | 2.8 | 4.16 | 1.86 |
EBIT | -29.21 | -18.9 | 2.34 | 1.26 | -3.88 | 8.8 |
EBIT Margin | -7.86% | -5.78% | 0.80% | 0.44% | -1.57% | 4.97% |
Effective Tax Rate | 3.02% | 1.59% | - | - | - | 8.73% |
Revenue as Reported | 371.68 | 327.09 | 291.85 | 286.83 | 247.32 | 177.08 |