Air T, Inc. (AIRT)
NASDAQ: AIRT · Real-Time Price · USD
22.25
-0.31 (-1.40%)
At close: Feb 27, 2026, 4:00 PM EST
20.97
-1.28 (-5.73%)
After-hours: Feb 27, 2026, 5:03 PM EST
Air T Income Statement
Financials in millions USD. Fiscal year is April - March.
Millions USD. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 | Mar '21 Mar 31, 2021 | 2020 - 2016 |
| Operating Revenue | 258.94 | 281.19 | 278.25 | 240.77 | 174.34 | 173.72 | Upgrade
|
| Other Revenue | 13.53 | 10.66 | 8.59 | 6.56 | 2.74 | 1.4 | Upgrade
|
| Revenue | 272.47 | 291.85 | 286.83 | 247.32 | 177.08 | 175.12 | Upgrade
|
| Revenue Growth (YoY) | -8.63% | 1.75% | 15.97% | 39.67% | 1.12% | -26.04% | Upgrade
|
| Cost of Revenue | 209.17 | 226.11 | 230.46 | 201.66 | 136.6 | 146.75 | Upgrade
|
| Gross Profit | 63.3 | 65.74 | 56.38 | 45.66 | 40.47 | 28.37 | Upgrade
|
| Selling, General & Admin | 65.01 | 57.85 | 51.11 | 42.84 | 29.82 | 34.26 | Upgrade
|
| Other Operating Expenses | 1.19 | 1.19 | 1.2 | 2.54 | - | - | Upgrade
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| Operating Expenses | 71.22 | 63.4 | 55.11 | 49.55 | 31.68 | 37.37 | Upgrade
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| Operating Income | -7.92 | 2.34 | 1.26 | -3.88 | 8.8 | -9 | Upgrade
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| Interest Expense | -9.2 | -8.93 | -7.01 | -8.26 | -5.18 | -4.64 | Upgrade
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| Interest & Investment Income | 0.54 | 0.54 | 0.1 | 0.33 | 0.23 | 0.02 | Upgrade
|
| Earnings From Equity Investments | 5.16 | 1.7 | 1.69 | 1.46 | 0.04 | -0.72 | Upgrade
|
| Other Non Operating Income (Expenses) | -0.54 | -1.31 | -1.89 | -0.07 | 0.82 | 2.74 | Upgrade
|
| EBT Excluding Unusual Items | -11.96 | -5.65 | -5.86 | -10.43 | 4.71 | -11.6 | Upgrade
|
| Gain (Loss) on Sale of Investments | 1.1 | 1.1 | 1.9 | -0.4 | 0.4 | - | Upgrade
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| Gain (Loss) on Sale of Assets | 7.03 | - | - | -0.01 | -0.01 | 0.01 | Upgrade
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| Asset Writedown | - | - | - | -0.52 | -0.04 | -0.19 | Upgrade
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| Other Unusual Items | 0.88 | -0.44 | - | - | 8.33 | - | Upgrade
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| Pretax Income | -2.95 | -4.99 | -3.96 | -11.35 | 13.4 | -11.78 | Upgrade
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| Income Tax Expense | 1.86 | 0.42 | 0.73 | 0.43 | 1.17 | -3.39 | Upgrade
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| Earnings From Continuing Operations | -4.8 | -5.41 | -4.68 | -11.79 | 12.23 | -8.39 | Upgrade
|
| Earnings From Discontinued Operations | - | - | - | - | - | 0 | Upgrade
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| Net Income to Company | -4.8 | -5.41 | -4.68 | -11.79 | 12.23 | -8.39 | Upgrade
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| Minority Interest in Earnings | -1.96 | -0.73 | -2.14 | -0.51 | -1.3 | 1.11 | Upgrade
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| Net Income | -6.76 | -6.14 | -6.82 | -12.3 | 10.93 | -7.28 | Upgrade
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| Net Income to Common | -6.76 | -6.14 | -6.82 | -12.3 | 10.93 | -7.28 | Upgrade
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| Shares Outstanding (Basic) | 3 | 3 | 3 | 3 | 3 | 3 | Upgrade
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| Shares Outstanding (Diluted) | 3 | 3 | 3 | 3 | 3 | 3 | Upgrade
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| Shares Change (YoY) | -2.03% | -2.34% | -1.09% | -1.42% | 0.21% | 3.00% | Upgrade
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| EPS (Basic) | -2.49 | -2.23 | -2.42 | -4.32 | 3.79 | -2.52 | Upgrade
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| EPS (Diluted) | -2.49 | -2.23 | -2.42 | -4.32 | 3.78 | -2.53 | Upgrade
|
| Free Cash Flow | -22.26 | 7.82 | 16.1 | 15.73 | -48.05 | -7.82 | Upgrade
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| Free Cash Flow Per Share | -8.21 | 2.84 | 5.72 | 5.53 | -16.64 | -2.71 | Upgrade
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| Gross Margin | 23.23% | 22.53% | 19.66% | 18.46% | 22.86% | 16.20% | Upgrade
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| Operating Margin | -2.91% | 0.80% | 0.44% | -1.57% | 4.97% | -5.14% | Upgrade
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| Profit Margin | -2.48% | -2.10% | -2.38% | -4.97% | 6.17% | -4.15% | Upgrade
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| Free Cash Flow Margin | -8.17% | 2.68% | 5.61% | 6.36% | -27.13% | -4.47% | Upgrade
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| EBITDA | -2.91 | 6.7 | 4.06 | 0.28 | 10.66 | -5.89 | Upgrade
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| EBITDA Margin | -1.07% | 2.30% | 1.42% | 0.11% | 6.02% | -3.36% | Upgrade
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| D&A For EBITDA | 5.01 | 4.36 | 2.8 | 4.16 | 1.86 | 3.11 | Upgrade
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| EBIT | -7.92 | 2.34 | 1.26 | -3.88 | 8.8 | -9 | Upgrade
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| EBIT Margin | -2.91% | 0.80% | 0.44% | -1.57% | 4.97% | -5.14% | Upgrade
|
| Effective Tax Rate | - | - | - | - | 8.73% | - | Upgrade
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| Revenue as Reported | 272.47 | 291.85 | 286.83 | 247.32 | 177.08 | 175.12 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.