1. MARKETS
  2. SECTOR : TRANSPORTATION
  3. INDUSTRY : AIR FREIGHT & COURIERS
  4. AIR T INC
30.550.04(0.13%)
34,960
XNAS Volume

XNAS 09 Oct, 2026 5:30 PM (EDT)

Portfolio

Alert

My Notes

Air T Inc quarterly and annual earnings report: results, revenue, profit, P&L, balance sheet, cash flow, financial ratios, revenue mix, peer comparison, and financial documents

View Charts

Air T Inc quarterly results: revenue, profit, and P&L – 13 quarter history

  • POSITIVE

    Quarterly Revenue Air T Inc Jun-2026 Quarterly Revenue is $115 Million which is growth of 62.9% YoY.

  • NEGATIVE

    Quarterly Net Profit Air T Inc Jun-2026 Quarterly Net Profit is $-16 Million which is growth of -866.3% YoY.

Air T Inc, Earnings Report - Quarterly Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphJun '26Mar '26Dec '25Sep '25Jun '25Mar '25Dec '24Sep '24Jun '24Mar '24Dec '23Sep '23Jun '23
Operating Rev.
115.5120.971.164.270.966.377.981.266.472.763.87971.4
Cost Of Rev.
98.2103.758.347.85556.660.963.151.55651.564.858
Gross Profit
17.317.312.916.315.99.71718.114.916.712.314.113.4
⌄
30.131.116.718.115.512.515.214.215.514.313.613.412.8
Operating Profit
-12.8-13.8-3.8-1.80.5-2.81.83.9-0.62.3-1.30.80.7
-5.7-5.1-2.4-2.3-2.3-1.9-2.6-2.2-2-1.7-1.5-1.9-1.8
Profit Before Tax
-1581.5-1.97.2-0.8-7.5-0.93.30.1-1.1-2-1.10.2
Tax
0.7-0.80.12.2-0.1-0.30.40.30.1-0.10.20.50.2
⌄
-15.877.7-2.54.4-1.6-7-1.32.5-0.3-1.7-3-1.6-0.5
Diluted NI Avail to Com Stockholders Ann.
-15.877.7-2.54.4-1.6-7-1.32.5-0.3-1.7-3-1.6-0.5
Basic EPS
-5.928.8-0.91.6-0.6-2.6-0.50.9-0.1-0.6-1.1-0.6-0.2
Diluted EPS After ExtraOrdinary
-5.94.1-0.9-0.3-0.7-2.6-0.50.9-0.1-0.3-1-0.6-0.2
Number Of Shares End
2.72.72.72.72.72.72.82.82.82.82.82.82.8
Net Income Continuing Discontinued Operations
-15.877.7-2.54.4-1.6-7-1.32.5-0.3-1.7-3-1.6-0.5
Normalized Income
-15.7-5.6-2-0.1-1-6.8-1.230.3-0.2-1.9-1.6-0
Interest Income
-------------
Interest
5.75.42.42.32.31.92.62.221.51.51.91.8
Net Interest Income
-5.7-5.1-2.4-2.3-2.3-1.9-2.6-2.2-2-1.7-1.5-1.9-1.8
EBIT
-9.486.10.59.51.5-5.91.75.52.10.3-0.40.72
EBITDA
0.594.72.110.32.8-4.636.42.81.10.31.42.7
Reconciled Cost Of Rev.
98.2103.758.347.85556.660.963.151.55651.564.858
Reconciled Depr.
9.98.61.60.81.31.31.310.80.70.70.70.7
Profit From Continuing Operations
-15.782.3-25-0.7-7.2-1.230-0.9-2.1-1.6-0
Normalized EBITDA
0.5-15.72.132.4-4.236.42.820.61.42.7
*All financials are in USD Million and price data in USD

Air T Inc competitor comparison and performance snapshot within industry

Air T Inc annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history

  • POSITIVE

    Annual Revenue Air T Inc Mar-2026 Annual Revenue is $327 Million which is growth of 12.1% YoY.

  • POSITIVE

    Annual Net Profit Air T Inc Mar-2026 Annual Net Profit is $78 Million which is growth of 1370.1% YoY.

Air T Inc, Earnings Report - Annual Results, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsTTMMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
9.8%
13.3%
 327.1291.9286.8247.3177.1175.1236.8249.8194.5148.5148.2
Cost Of Rev. Ann.
10.1%
13.1%
308265.2231.7230.4198.5137.7143.5189.9203.4160.9128.3123.3
Gross Profit Ann.
8.2%
14.3%
63.761.960.256.548.839.431.746.946.533.620.224.9
Operating Exp. Ann.
21.2%
18.7%
95.980.857.95445.429.834.339.638.428.823.218.9
Operating Profit Ann.
-
-
-32.2-18.92.32.53.49.6-2.67.38.14.8-3.16
-
-
-15.4-12-8.6-6.9-7.9-5-4.6-4.7-3.4-1.7-0.6-0.1
Other Exp. Ann.
-
-
 1171.20.5-6.98.8-4.600-0.4-0.60.2
PBT Ann.
-
-
71.886-5-4-11.413.4-11.82.64.72.7-4.26.2
Tax Ann.
51.8%
-
2.21.40.40.70.41.2-3.4-0.51.50.20.72.4
⌄
-
-
63.878-6.1-6.8-12.310.9-7.37.71.32.3-3.24.9
Diluted NI Avail to Com Stockholders Ann.
-
-
63.878-6.1-6.8-12.310.9-7.37.71.32.3-3.24.9
EPS Ann.
-
-
 28.9-2.2-2.4-4.33.8-2.52.70.40.7-11.4
Diluted EPS Ann.
-
-
 28.9-2.2-2.4-4.33.8-2.52.70.40.7-11.4
Number Of Shares End
-1.2%
-1.4%
 2.72.72.82.82.92.92.933.13.13.6
Total Exp. Ann.
12.4%
14.3%
 346289.5284.4243.9167.5177.7229.5241.8189.7151.6142.2
Net Income Continuing Discontinued Operations Ann.
-
-
63.878-6.1-6.8-12.310.9-7.37.71.32.3-3.24.9
Normalized Income Ann.
-
-
-23.3-143.5-3.9-3.7-5.25.4-4.8-2.32.13.4-3.63.7
Interest Income Ann.
38.7%
-
 0.80.40.10.30.200.1---
Interest Ann.
15.9%
22.8%
15.712.38.66.77.94.84.44.53.31.70.60.1
EBITDA Ann.
550.1%
-
107.6109.97.65.40.419.8-4.312.815.67.1-0.57.5
Reconciled Cost Of Rev. Ann.
10.1%
13.1%
308265.2231.7230.4198.5137.7143.5189.9203.4160.9128.3123.3
Reconciled Depr. Ann.
43.1%
31.7%
20.912.34.42.84.21.93.15.77.72.73.21.3
Profit From Continuing Operations Ann.
-
-
69.684.7-5.4-4.7-11.812.2-8.43.23.22.5-4.93.8
Normalized EBITDA Ann.
-
-
-10.1-8.28.26.78.612.52.310.5168.20.17.3
*All financials are in USD Million and price data in USD
Total Rev. Ann.
1Y CHG
12.1%
2Y CAGR
6.8%
3Y CAGR
9.8%
5Y CAGR
13.3%
7Y CAGR
3.9%
10Y CAGR
8.2%
Total Revenue Annual growth is stable compared to historical averages.
Net Profit Ann.
7Y CAGR
79.5%
10Y CAGR
31.9%
Net Profit Annual growth is higher than historical averages.
Operating Exp. Ann.
1Y CHG
39.6%
2Y CAGR
22.3%
3Y CAGR
21.2%
5Y CAGR
18.7%
7Y CAGR
11.2%
10Y CAGR
15.6%
Operating Expenses Annual Cr growth is higher than historical averages.

Air T Inc balance sheet as of Mar 2026: assets, liabilities, reserves, and borrowings – 11 year history

  • POSITIVE

    Total Shareholders Fund Air T Inc Mar-2026 Total Shareholders Fund is $80 Million which is growth of 2581.7% YoY.

  • POSITIVE

    Total Assets Air T Inc Mar-2026 Total Assets is $409 Million which is growth of 135.4% YoY.

Air T Inc, Balance Sheet, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
29.2%
23.8%
409.1173.8177.2189.6207.6140.8151.4115.197.265.352.2
⌄
24.7%
21.6%
317.9168.2158.4163.9171.1119.4120.386.370.941.716.9
⌄
88.6%
42.3%
79.8-3.24.811.924.613.72424.425.12334.8
Total Capitalization Ann.
42.5%
24.4%
284.4101.3103.398.3153.995.667.157.36441.434.8
Tangible Assets Ann.
-
42.1%
55-23.8-16.8-10.81.29.51918.719.417.233.4
Working Capital Ann.
7.2%
-3.6%
64.530.95652.397.377.630.718.630.528.623.2
Invested Capital Ann.
28.2%
23.3%
288.9111.7117.7137160.4101.2109.88273.241.436.6
Tangible Book Value Ann.
-
42.1%
55-23.8-16.8-10.81.29.51918.719.417.233.4
Borrowings Ann.
17.8%
18.6%
224.7129.1125.2137.514495.994.557.748.118.41.9
Net Debt Ann.
16.5%
19.8%
188.8109105.8119.3130.276.579.945.143.315.7-
Share Issued Ann.
0%
0%
333333333.13.13.6
Number Of Shares End
-1.2%
-1.4%
2.72.72.82.82.92.92.933.13.13.6
*All financials are in USD Million and price data in USD
Total Assets Ann.
1Y CHG
135.4%
2Y CAGR
51.9%
3Y CAGR
29.2%
5Y CAGR
23.8%
7Y CAGR
19.9%
10Y CAGR
22.9%
Total Assets Annual growth is higher than historical averages.
Total Current Liabilities Ann.
1Y CHG
100.2%
2Y CAGR
42.8%
3Y CAGR
14.1%
5Y CAGR
27.6%
7Y CAGR
8.8%
10Y CAGR
19.8%
Total Current Liabilities Annual Cr growth is higher than historical averages.
Total ShareHolders Funds Ann.
2Y CAGR
307.7%
3Y CAGR
88.6%
5Y CAGR
42.3%
7Y CAGR
18.4%
10Y CAGR
8.7%
Total ShareHolders Funds Annual growth is higher than historical averages.

Air T Inc ROE, ROCE, book value, and debt-to-equity ratio as of Mar 2026 – 11 year history

  • POSITIVE

    Book Value Per Share Air T Inc Book Value Per Share is $24 which is growth of 1511.4% YoY.

  • POSITIVE

    ROE Air T Inc ROE is 204% which is growth of 993.8% YoY.

Air T Inc, Ratios, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
RoA Ann. %
-
-
26.76%-3.50%-3.72%-6.19%6.27%-4.98%5.74%1.26%2.80%-5.47%10.34%
ROE Ann. %
-
-
203.63%-790.22%-81.79%-67.34%57.01%-38.57%31.66%5.42%9.47%-11.13%15.31%
ROIC %
-
-
31.4-3.8-0.3-4.73.6-3.60.63.53.2-3-3
OPM Ann. %
-
-
-5.78%0.80%0.86%1.39%5.40%-1.48%3.07%3.24%2.47%-2.07%4.07%
Inventory Turnover Ratio Ann.
19.4%
15.9%
4.64.73.52.71.92.24.26.36812.3
Asset Turnover Ann. %
-5.4%
-1.7%
1.11.71.61.311.21.82.42.42.53.1
Working Capital Turnover Ann.
2.8%
17.3%
5.19.55.14.71.82.37.713.56.45.26.4
Quick Ratio Ann.
6.3%
-5.6%
0.60.70.70.51.30.80.30.70.81.31.5
Current Ratio Ann.
-1.9%
-14.9%
1.71.72.21.84.23.81.51.422.42.5
Interest Coverage Ratio Ann.
-
-
80.40.4-0.43.8-1.71.62.42.5-6.477.2
LT Debt To Equity Ann.
-30.9%
-16.1%
2.7-22.98.25.56.52.11.41.60.8
*All financials are in USD Million and price data in USD
ROE Ann. %
7Y CAGR
67.9%
10Y CAGR
29.5%
ROE Annual % is stable compared to historical averages.
RoA Ann. %
7Y CAGR
54.7%
10Y CAGR
10%
RoA Annual % is growing faster than historical averages.
Current Ratio Ann.
2Y CAGR
-12.1%
3Y CAGR
-1.9%
5Y CAGR
-14.9%
7Y CAGR
2.8%
10Y CAGR
-3.8%
Current Ratio Annual growth is stable compared to historical averages.

Air T Inc cash flow: net, operating, investing, and financing flows as of Mar 2026 – 11 year history

  • NEGATIVE

    Cash From Operating Activity Air T Inc Mar-2026 Cash From Operating Activity is $-25 Million which is growth of -206.6% YoY.

  • POSITIVE

    Net Cash Flow Air T Inc Mar-2026 Net Cash Flow is $19 Million which is growth of 1341.8% YoY.

Air T Inc, Cash Flow, standalone, All financials are in USD Million and price data in USD
IndicatorGraphCAGR 3 YrsCAGR 5 YrsMar '26Mar '25Mar '24Mar '23Mar '22Mar '21Mar '20Mar '19Mar '18Mar '17Mar '16
-
-
-2523.517.216.9-33.1-1.8-26.220.9-0.3-7.63.2
-
-
-21.8-20.2-2.5-6.2-33.42.5-11.6-23-26.4-3.7-5.3
-
265.7%
65.4-4.8-13.9-12.459.30.119.29.628.78.7-6
Cash Plus Cash Eqv. End Of Year Ann.
52.7%
9.7%
25.36.87.87.18.415.915.612.74.82.85.4
Net Increase In Cash Plus Cash Eqv.s Ann.
-
87.6%
18.6-1.50.8-1.6-7.20.82.87.52-2.6-8.1
Cash Plus Cash Eqv. Begin Of Year Ann.
-6.8%
-15.3%
6.87.87.18.415.915.612.55.12.85.413.4
Income Tax Paid Supplemental Data Ann.
-3.5%
12.5%
0.910.910.40.51.50.51.71.12.8
Interest Paid Supplemental Data Ann.
-
-
-8.43.95.91.52.73.32.91.10.30.1
Capex Ann.
-
-
-16.5-15.7-1.1-1.2-1.6-6-38.7-20.5-20.2-2.4-1.1
Issuance Of Capital Stock Ann.
-
-
-----------
Issuance Of Debt Ann.
13.8%
10.6%
221.3161.4149.1150133.6133.9210.6135.215473.716.1
Repayment Of Debt Ann.
-
-
-154.6-166.4-170.3-160.8-88.4-132.8-195.3-125.7-124-57.1-22.1
Repurchase Of Capital Stock Ann.
-
-
-0-1.5------0.7-7.9-
Free Cash Flow Ann.
-
-
-41.57.816.115.7-34.6-7.8-64.90.5-20.5-9.92.2
*All financials are in USD Million and price data in USD
Cash from Financing Act. Ann.
5Y CAGR
265.7%
7Y CAGR
31.5%
Cash from Financing Annual Activity growth is higher than historical averages.