AIR T INC
AIRTNasdaq
$27.02
↓ -1.7%Jul 16 close · end-of-day
Price
1Y↑ +22.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$73.0M
Enterprise Value
$259.9M
P/E
0.9
P/S
0.2
P/B
0.9
EV/EBITDA
227.4
PEG
—
FCF Yield
-56.9%
Dividend Yield
—
Revenue (TTM)
$327.1M
Net Income (TTM)
$78.0M
Free Cash Flow (TTM)
-$41.5M
Gross Margin
—
Operating Margin
-3.4%
Net Margin
23.8%
ROE
97.7%
ROIC
-4.1%
Debt / Equity
2.6
Net Cash
-$186.8M
Return 1Y
+26.4%
Company profile
Air T, Inc. provides overnight air cargo, ground equipment sale, commercial jet engines and parts, and printing equipment and maintenance services. Overnight Air Cargo segment offers air express delivery services. Ground Equipment Sales segment manufactures, sells, and services aircraft deicers, scissor-type lifts, military decontamination units, flight-line tow tractors, glycol recovery vehicles.
- CEO
- Nicholas J. Swenson
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Transportation
- Employees
- 500
- Headquarters
- North Carolina
- Website
- airt.net
Earnings
AIRT Q4 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$120.9M↑ +82.4%
Diluted EPS$28.76↓ -1227.8%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $175.1M | $177.1M | $247.3M | $286.8M | $291.9M | $327.1M |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$9.2M | $8.8M | -$4.4M | $1.3M | $1.9M | -$11.2M |
| Net income | -$7.3M | $10.9M | -$12.3M | -$6.8M | -$6.1M | $78.0M |
| Diluted EPS | -$2.53 | $3.78 | -$4.32 | -$2.42 | -$2.23 | $28.85 |
| Operating cash flow | -$1.8M | -$33.1M | $16.9M | $17.2M | $23.5M | -$25.0M |
| Free cash flow | -$5.7M | -$34.6M | $15.7M | $16.1M | $22.4M | -$41.5M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -5.2% | 4.9% | -1.8% | 0.4% | 0.7% | -3.4% |
| Net margin | -4.2% | 6.2% | -5.0% | -2.4% | -2.1% | 23.8% |
| Line item | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.4M | $81.2M | $77.9M | $66.3M | $70.9M | $64.2M | $71.1M | $120.9M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$577,000.00 | $3.6M | $1.4M | -$2.6M | $446,000.00 | $5.5M | -$3.8M | -$13.4M |
| Net income | -$335,000.00 | $2.5M | -$1.3M | -$7.0M | -$1.6M | $4.4M | -$2.5M | $77.7M |
| Diluted EPS | -$0.12 | $0.91 | -$0.47 | -$2.55 | -$0.61 | $1.61 | -$0.91 | $28.76 |
| Operating cash flow | $113,000.00 | $2.9M | $16.3M | $4.1M | -$1.1M | -$5.4M | -$18.5M | -$44,000.00 |
| Free cash flow | -$226,000.00 | $2.7M | $16.0M | $4.0M | -$1.3M | -$5.6M | -$19.3M | -$15.3M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -0.9% | 4.5% | 1.8% | -3.9% | 0.6% | 8.6% | -5.3% | -11.1% |
| Net margin | -0.5% | 3.1% | -1.7% | -10.6% | -2.3% | 6.8% | -3.4% | 64.3% |
Company news
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2025-06-27 | Swenson Nicholas John· CEO | J | 1,620 | $0.00 | $0.00 | filing |
Latest 1 transaction.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.