Revenue
$115.46M
Fiscal year ended 2026-06-30Operating income
-$12.82M
Fiscal year ended 2026-06-30Free cash flow
-$24.15M
Fiscal year ended 2026-06-30AIR T INC (AIRT) reported revenue of $115.46M and net income of -$15.81M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from AIR T INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Air Courier Services.
Income
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115.46M | $120.94M | $71.13M | $64.15M | $70.87M | $66.32M | $77.88M | $81.24M | $66.41M | $72.68M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | -$12.82M | -$13.77M | -$3.78M | $5.51M | $848.00K | -$2.58M | $1.42M | $3.62M | -$577.00K | $1.45M |
| Net income | -$15.81M | $77.72M | -$2.45M | $4.36M | -$1.64M | -$7.03M | -$1.30M | $2.52M | -$335.00K | -$1.70M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 2.70M | Unavailable | shares 2.70M | shares 2.70M | shares 2.70M | Unavailable | shares 2.76M | shares 2.76M | shares 2.76M | Unavailable |
| Pretax income | -$15.04M | $81.47M | -$1.88M | $7.23M | -$807.00K | -$7.49M | -$896.00K | $3.30M | $103.00K | -$1.06M |
| Income tax expense | $660.00K | -$817.00K | $121.00K | $2.20M | -$136.00K | -$331.00K | $347.00K | $336.00K | $71.00K | -$122.00K |
| Diluted EPS | $-5.86 | Unavailable | $-0.91 | $1.61 | $-0.61 | Unavailable | $-0.47 | $0.91 | $-0.12 | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $29.65M | $31.06M | $16.65M | $18.10M | $15.03M | $15.23M | $14.18M | $14.20M | $14.61M | $13.22M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $16.67M | $20.33M | $37.37M | $17.46M | $14.46M | $5.93M | $18.46M | $8.61M | $7.82M | $7.10M |
| Total assets | $469.06M | $409.12M | $381.76M | $184.74M | $190.04M | $173.78M | $187.62M | $197.12M | $175.49M | $177.17M |
| Current assets | $158.12M | $159.98M | $161.06M | $95.81M | $92.93M | $78.51M | $90.12M | $102.61M | $100.67M | $102.88M |
| Total liabilities | $385.90M | $317.90M | $375.87M | $177.43M | $184.74M | $168.24M | $173.62M | $181.04M | $162.91M | $158.37M |
| Current liabilities | $110.69M | $95.52M | $167.68M | $46.45M | $49.05M | $47.66M | $47.33M | $45.11M | $46.85M | $46.84M |
| Total equity incl. NCI | $66.87M | $80.88M | -$2.15M | -$913.00K | -$2.92M | -$1.52M | $6.90M | $8.81M | $5.17M | $5.82M |
| Temporary (mezzanine) equity | $16.29M | $10.35M | $8.04M | $8.22M | $8.21M | $7.05M | $7.10M | $7.27M | $7.40M | $12.98M |
| Inventory | $90.06M | $77.13M | $65.41M | $46.63M | $39.89M | $38.52M | $38.54M | $51.27M | $57.76M | $60.72M |
| Accounts receivable | $33.30M | $39.89M | $43.18M | $18.64M | $24.63M | $23.92M | $24.58M | $30.77M | $22.83M | $22.91M |
| Goodwill | $19.59M | $11.82M | $11.90M | $11.90M | $11.90M | $10.54M | $10.40M | $10.68M | $10.50M | $10.54M |
| Long-term debt | $246.34M | $208.20M | $194.23M | $118.43M | $123.84M | $110.32M | $122.88M | $126.80M | $112.03M | $112.93M |
| Accounts payable | $41.02M | $36.97M | $16.00M | $15.77M | $17.93M | $17.78M | $10.23M | $15.53M | $14.00M | $15.07M |
Cash flow
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.83M | -$44.00K | -$18.50M | -$5.41M | -$1.10M | $4.12M | $16.33M | $2.93M | $113.00K | -$5.97M |
| Capital expenditures | $21.32M | $15.26M | $783.00K | $213.00K | $231.00K | $149.00K | $351.00K | $242.00K | $339.00K | $398.00K |
| Investing cash flow | -$44.02M | -$28.80M | -$6.94M | $16.66M | -$2.72M | -$3.39M | -$2.60M | -$16.20M | $2.01M | -$2.72M |
| Financing cash flow | $42.30M | $11.65M | $50.00M | -$8.83M | $12.58M | -$12.79M | -$4.51M | $13.78M | -$1.29M | $11.24M |
| Net change in cash | -$3.62M | -$16.91M | $24.39M | $2.56M | $8.47M | -$12.01M | $9.58M | $479.00K | $862.00K | $2.66M |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $9.88M | $8.64M | $1.58M | $827.00K | $1.28M | $1.32M | $1.33M | $949.00K | $760.00K | $710.00K |
Derived
| Metric | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$24.15M | -$15.30M | -$19.28M | -$5.62M | -$1.33M | $3.97M | $15.98M | $2.69M | -$226.00K | -$6.36M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | -11.1% | -11.4% | -5.3% | 8.6% | 1.2% | -3.9% | 1.8% | 4.5% | -0.9% | Unavailable |
| FCF margin | -20.9% | -12.7% | -27.1% | -8.8% | -1.9% | 6.0% | 20.5% | 3.3% | -0.3% | -8.8% |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current ratio | 1.43x | 1.67x | 0.96x | 2.06x | 1.89x | 1.65x | 1.90x | 2.27x | 2.15x | 2.20x |
| Revenue YoY growth | 62.9% | 82.4% | -8.7% | -21.0% | 6.7% | -8.8% | 22.2% | 2.9% | -7.0% | -2.3% |
| Net margin | -13.7% | 64.3% | -3.4% | 6.8% | -2.3% | -10.6% | -1.7% | 3.1% | -0.5% | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 18.5% | 12.6% | 1.1% | 0.3% | 0.3% | 0.2% | 0.5% | 0.3% | 0.5% | Unavailable |
| Long-term debt / equity | 3.68x | 2.57x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | -1.0% | Unavailable | 30.4% | Unavailable | Unavailable | Unavailable | 10.2% | 68.9% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AIRT in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-14View SEC filing
10-K · Filed 2026-06-29View SEC filing
10-Q · Filed 2026-02-13View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-K/A · Filed 2025-08-12View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.