AIRT
Income statement / Annual
Last year (2026), Air T Inc's total revenue was $327.09 M,
an increase of 12.07% from the previous year.
In 2026, Air T Inc's net income was $77.98 M.
See Air T Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2026
|
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
03/31/2026 |
03/31/2025 |
03/31/2024 |
03/31/2023 |
03/31/2022 |
03/31/2021 |
03/31/2020 |
03/31/2019 |
03/31/2018 |
03/31/2017 |
| Operating Revenue |
$327.09 M |
$291.85 M |
$286.83 M |
$247.32 M |
$177.08 M |
$175.12 M |
$236.79 M |
$249.83 M |
$194.52 M |
$148.47 M |
| Cost of Revenue |
$265.15 M
|
$231.66 M
|
$234.46 M
|
$198.50 M
|
$137.70 M
|
$143.45 M
|
$189.73 M
|
$203.37 M
|
$160.91 M
|
$128.32 M
|
| Gross Profit |
$61.94 M
|
$60.19 M
|
$52.38 M
|
$48.83 M
|
$39.38 M
|
$31.67 M
|
$47.05 M
|
$46.46 M
|
$33.61 M
|
$20.15 M
|
| Gross Profit Ratio |
0.19
|
0.21
|
0.18
|
0.2
|
0.22
|
0.18
|
0.2
|
0.19
|
0.17
|
0.14
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$195.65 K
|
$1.04 M
|
| General & Administrative Expenses |
$80.84 M
|
$57.85 M
|
$51.11 M
|
$42.84 M
|
$29.82 M
|
$34.26 M
|
$39.78 M
|
$38.38 M
|
$29.17 M
|
$22.18 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$80.84 M
|
$57.85 M
|
$51.11 M
|
$42.84 M
|
$29.82 M
|
$34.26 M
|
$39.78 M
|
$38.38 M
|
$29.17 M
|
$22.18 M
|
| Other Expenses |
$0.00
|
$435.00 K
|
$0.00
|
$10.39 M
|
$810.00 K
|
$6.58 M
|
-$19.00 K
|
$0.00
|
-$562.50 K
|
$15.17 K
|
| Operating Expenses |
$80.84 M
|
$58.28 M
|
$51.11 M
|
$53.23 M
|
$30.63 M
|
$40.85 M
|
$39.76 M
|
$38.38 M
|
$28.80 M
|
$23.22 M
|
| Cost And Expenses |
$345.99 M
|
$289.94 M
|
$285.57 M
|
$251.73 M
|
$168.32 M
|
$184.30 M
|
$229.49 M
|
$241.75 M
|
$189.71 M
|
$151.55 M
|
| Interest Income |
$748.00 K
|
$375.00 K
|
$92.00 K
|
$328.00 K
|
$227.00 K
|
$16.00 K
|
$3.00 K
|
$58.00 K
|
$1.67 M
|
$0.00
|
| Interest Expense |
$12.79 M
|
$8.93 M
|
$7.01 M
|
$8.26 M
|
$5.18 M
|
$4.64 M
|
$4.70 M
|
$3.49 M
|
$0.00
|
$571.65 K
|
| Depreciation & Amortization |
$12.34 M
|
$4.36 M
|
$2.80 M
|
$4.16 M
|
$1.86 M
|
$3.11 M
|
$5.71 M
|
$7.24 M
|
$2.68 M
|
$2.07 M
|
| EBITDA |
$110.66 M |
$7.97 M |
$5.53 M |
$741.00 K |
$20.06 M |
-$4.32 M |
$12.79 M |
$16.69 M |
$7.06 M |
-$465.69 K |
| EBITDA Ratio |
0.34
|
0.03
|
0.02
|
0
|
0.11
|
-0.02
|
0.05
|
0.07
|
0.04
|
-0
|
| Operating Income Ratio |
-0.06
|
0.01
|
0
|
-0.02
|
0.05
|
-0.05
|
0.03
|
0.03
|
0.02
|
-0.02
|
| Total Other Income/Expenses Net |
$104.92 M
|
-$6.90 M
|
-$5.22 M
|
-$6.95 M
|
$4.64 M
|
-$2.61 M
|
-$4.67 M
|
-$3.38 M
|
-$1.59 M
|
-$2.50 M
|
| Income Before Tax |
$86.02 M
|
-$4.99 M
|
-$3.96 M
|
-$11.35 M
|
$13.40 M
|
-$11.78 M
|
$2.62 M
|
$4.70 M
|
$2.65 M
|
-$4.22 M
|
| Income Before Tax Ratio |
0.26
|
-0.02
|
-0.01
|
-0.05
|
0.08
|
-0.07
|
0.01
|
0.02
|
0.01
|
-0.03
|
| Income Tax Expense |
$1.37 M
|
$423.00 K
|
$729.00 K
|
$432.00 K
|
$1.17 M
|
-$3.39 M
|
-$544.00 K
|
$1.50 M
|
$195.00 K
|
$725.00 K
|
| Net Income |
$77.98 M
|
-$6.14 M
|
-$6.82 M
|
-$12.30 M
|
$10.93 M
|
-$7.28 M
|
$7.66 M
|
$1.34 M
|
$2.28 M
|
-$3.21 M
|
| Net Income Ratio |
0.24
|
-0.02
|
-0.02
|
-0.05
|
0.06
|
-0.04
|
0.03
|
0.01
|
0.01
|
-0.02
|
| EPS |
28.85 |
-2.23 |
-2.42 |
-4.32 |
3.79 |
-2.53 |
1.14 |
0.44 |
0.74 |
-1.01 |
| EPS Diluted |
28.85 |
-2.23 |
-2.42 |
-4.32 |
3.78 |
-2.53 |
1.13 |
0.44 |
0.74 |
-1.01 |
| Weighted Average Shares Out |
$2.70 M
|
$2.75 M
|
$2.82 M
|
$2.85 M
|
$2.88 M
|
$2.88 M
|
$2.79 M
|
$3.05 M
|
$3.06 M
|
$3.19 M
|
| Weighted Average Shares Out Diluted |
$2.70 M
|
$2.75 M
|
$2.82 M
|
$2.85 M
|
$2.89 M
|
$2.88 M
|
$2.80 M
|
$3.06 M
|
$3.07 M
|
$3.19 M
|
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