Air T, Inc.

Air T, Inc.

AIRTยทNASDAQ

$22.50

+4.7%
IndustrialsIntegrated Freight & Logistics

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx. Its Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military and civilian decontamination units, flight-line tow tractors, glycol recovery vehicles, and other specialized equipment. This segment sells its products to passenger and cargo airlines, ground handling companies, the United States Air Force, airports, and industrial customers. Its Commercial Aircraft, Engines and Parts segment offers commercial aircraft trading, leasing, and parts solutions; commercial aircraft storage, storage maintenance, and aircraft disassembly/part-out services; commercial aircraft parts sales, exchanges, procurement services, consignment programs, and overhaul and repair services; and aircraft instrumentation, avionics, and a range of electrical accessories for civilian, military transport, regional/commuter and business/commercial jet, and turboprop aircraft. This segment also provides composite aircraft structures, and repair and support services. Air T, Inc. was incorporated in 1980 and is based in Denver, North Carolina.

At a Glance

Live Snapshot
Market Cap$60.81M
EPS-2.2300
P/E Ratio-10.09
Earnings Date02/13/2026
3Y+65.0%
5Y+23.0%
10Y+97.0%
3Y-156.0%
5Y-294.0%
10Y-224.0%
3Y-171.0%
5Y-194.0%
10Y+631.0%
Air T, Inc.

Air T, Inc. Profit Bridge

AIRT ยท NASDAQ
Revenue291.85M
Cost of Goods Sold (231.66M)
Gross Profit60.19M
Operating Expenses (58.28M)
Operating Income1.91M
Interest Expense (8.93M)
Other Income/Expense-6.90M
Pretax Income-4.99M
Income Tax (423.00K)
Net Income-6.14M
Net Income
-6.14M

Profitability Analysis

Gross Margin

20.6%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

0.7%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

-2.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Non-operating losses: Core business is profitable but other expenses (interest, taxes, one-time items) are driving net losses. Review capital structure and non-operating items.

Air T, Inc. Income Statement

AIRT โ€ข NASDAQ

Air T, Inc. Income StatementMar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010Mar 2009Mar 2008Mar 2007Mar 2006
REVENUE
291.9M
286.8M
247.3M
177.1M
175.1M
236.8M
249.8M
194.5M
148.5M
148.2M
112.2M
100.8M
103.1M
89.4M
83.4M
81.1M
90.7M
78.4M
67.3M
79.5M
GROSS PROFIT
(231.7M)
(234.5M)
(198.5M)
(137.7M)
(143.5M)
(189.9M)
(203.4M)
(160.9M)
(128.3M)
(123.3M)
(95.4M)
(85.3M)
(87.9M)
(75.7M)
(69.1M)
(64.6M)
(72.3M)
(62.7M)
(53.2M)
(66.1M)
60.2M
52.4M
48.8M
39.4M
31.7M
46.9M
46.5M
33.6M
20.1M
24.9M
16.8M
15.5M
15.2M
13.7M
14.3M
16.5M
18.3M
15.7M
14.1M
13.4M
OPERATING INCOME
(58.3M)
(51.1M)
(53.2M)
(30.6M)
(40.8M)
(39.6M)
(38.4M)
(28.8M)
(23.2M)
(18.9M)
(14.2M)
(12.8M)
(12.5M)
(11.6M)
(10.9M)
(11.1M)
(11.7M)
(73.3M)
(63.5M)
(76.4M)
(57.8M)
(51.1M)
(42.8M)
(29.8M)
(34.3M)
(39.6M)
(38.4M)
(29.2M)
(22.2M)
(18.1M)
(14.2M)
(12.8M)
(12.5M)
(11.3M)
(10.6M)
(10.6M)
(11.2M)
(10.2M)
(9.6M)
(9.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(195.7K)
(1M)
(777.9K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
1.9M
1.3M
-4.4M
8.8M
-9.2M
4.8M
8.1M
4.2M
-3.1M
6M
3.4M
2.6M
2.7M
2.1M
3.4M
5.4M
6.7M
5.1M
3.8M
3.2M
PRE-TAX INCOME
(8.9M)
(7M)
(8.3M)
(5.2M)
(4.6M)
(4.7M)
(3.5M)
(0.0)
(571.7K)
(80.7K)
(0.0)
(0.0)
(0.0)
(11.6K)
(1.4K)
(16.1K)
(104.7K)
(171K)
(210.1K)
(0.0)
-8.6M
-6.9M
-7.9M
-4.9M
-4.6M
-4.7M
-3.4M
1.7M
-571.7K
-80.7K
0.0
0.0
0.0
22.7K
130.5K
116.5K
-104.7K
-171K
-210.1K
0.0
(435K)
(0.0)
(10.4M)
(810K)
(6.6M)
(0.0)
(0.0)
-562.5K
(15.2K)
-140.8K
(0.0)
(0.0)
(0.0)
(256K)
(262.5K)
(415.1K)
(437.7K)
(63.2M)
(53.9M)
(66.8M)
-6.9M
-5.2M
-6.9M
4.6M
-2.6M
-4.6M
-3.4M
-1.6M
-2.5M
-132.3K
-1.8K
26.1K
-2.5K
45.1K
130.5K
122K
325.3K
122.7K
75.7K
-76.7K
-5M
-4M
-11.4M
13.4M
-11.8M
2.6M
4.7M
2.7M
-4.2M
6.2M
3.4M
2.7M
2.7M
2.1M
3.6M
5.6M
7M
5.2M
3.9M
3.1M
NET INCOME
(423K)
(729K)
(432K)
(1.2M)
-3.4M
-544K
(1.5M)
(195K)
(725K)
(2.4M)
(931K)
(1.2M)
(1.1M)
(746K)
(1.4M)
(1.8M)
(2.6M)
(1.8M)
(1.4M)
(1M)
-6.1M
-6.8M
-12.3M
10.9M
-7.3M
3.2M
1.3M
2.3M
-3.2M
4.9M
2.5M
1.5M
1.7M
1.4M
2.1M
3.8M
4.4M
3.4M
2.5M
2.1M

SEC Filings

AIRT - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

March 23, 2026
March 23, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 09, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 04, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

March 04, 2026
March 04, 2026
2026
8-K

8-K 2026

N/A

February 13, 2026
February 13, 2026
2026
8-K

8-K 2026

N/A

February 13, 2026
February 13, 2026
2026
10-Q

10-Q 2025 Q4

Q4

February 13, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
Showing 1 to 10 of 411 filings