AIR T INC financial data

Symbol
AIRT, AIRTP on Nasdaq
Location
Charlotte, NC
Fiscal year end
31 March
Latest financial report
10-Q - Q4 2025 - 13 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 138% % -35%
Quick Ratio 61% % -45%
Debt-to-equity -10130% % -415%
Return On Equity 361% %
Return On Assets -2.9% % -560%
Operating Margin 2% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2,702,639 shares -0.85%
Common Stock, Shares, Outstanding 2,702,639 shares -1.4%
Entity Public Float $14,257,338 USD -33%
Common Stock, Value, Issued $758,000 USD 0%
Weighted Average Number of Shares Outstanding, Basic 2,703,000 shares -1.9%
Weighted Average Number of Shares Outstanding, Diluted 2,703,000 shares -1.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $298,214,000 USD 3.4%
Revenue from Contract with Customer, Excluding Assessed Tax $272,468,000 USD -8.7%
General and Administrative Expense $64,633,000 USD 15%
Costs and Expenses $70,424,000 USD 5.1%
Operating Income (Loss) $385,000 USD -107%
Nonoperating Income (Expense) $2,562,000 USD 43%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,947,000 USD -304%
Income Tax Expense (Benefit) $1,855,000 USD 194%
Net Income (Loss) Attributable to Parent $6,760,000 USD -733%
Earnings Per Share, Basic -2.46 USD/shares -779%
Earnings Per Share, Diluted -2.46 USD/shares -779%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $37,367,000 USD 102%
Marketable Securities, Current $595,000 USD
Accounts Receivable, after Allowance for Credit Loss, Current $43,181,000 USD 76%
Inventory, Net $65,412,000 USD 70%
Other Assets, Current $5,464,000 USD 26%
Assets, Current $161,063,000 USD 79%
Property, Plant and Equipment, Net $136,359,000 USD 563%
Operating Lease, Right-of-Use Asset $15,175,000 USD 12%
Intangible Assets, Net (Excluding Goodwill) $13,894,000 USD 39%
Goodwill $11,905,000 USD 14%
Other Assets, Noncurrent $5,379,000 USD 81%
Assets $381,765,000 USD 103%
Accounts Payable, Current $15,997,000 USD 56%
Accrued Liabilities, Current $46,518,000 USD 185%
Liabilities, Current $167,682,000 USD 254%
Deferred Income Tax Liabilities, Net $2,249,000 USD -8.1%
Operating Lease, Liability, Noncurrent $12,827,000 USD 4.6%
Other Liabilities, Noncurrent $2,125,000 USD -18%
Liabilities $375,868,000 USD 116%
Accumulated Other Comprehensive Income (Loss), Net of Tax $1,002,000 USD
Retained Earnings (Accumulated Deficit) $2,398,000 USD -74%
Stockholders' Equity Attributable to Parent $1,170,000 USD -123%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $2,148,000 USD -131%
Liabilities and Equity $381,765,000 USD 103%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $1,095,000 USD -1069%
Net Cash Provided by (Used in) Financing Activities $12,577,000 USD
Net Cash Provided by (Used in) Investing Activities $2,724,000 USD -236%
Common Stock, Shares Authorized 4,000,000 shares 0%
Common Stock, Shares, Issued 3,030,245 shares 0%
Common Stock, Par or Stated Value Per Share 0.25 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $8,466,000 USD 882%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $42,180,000 USD 125%
Interest Paid, Excluding Capitalized Interest, Operating Activities $2,300,000 USD
Deferred Tax Assets, Valuation Allowance $11,103,000 USD 11%
Deferred Tax Assets, Gross $20,028,000 USD 23%
Operating Lease, Liability $16,165,000 USD 11%
Payments to Acquire Property, Plant, and Equipment $231,000 USD -32%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $5,679,000 USD -406%
Lessee, Operating Lease, Liability, to be Paid $22,422,000 USD 16%
Property, Plant and Equipment, Gross $29,525,000 USD 3.4%
Operating Lease, Liability, Current $3,338,000 USD 46%
Lessee, Operating Lease, Liability, to be Paid, Year Two $3,609,000 USD 25%
Lessee, Operating Lease, Liability, to be Paid, Year One $4,275,000 USD 41%
Operating Lease, Weighted Average Discount Rate, Percent 0.073 pure 29%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $6,257,000 USD 31%
Lessee, Operating Lease, Liability, to be Paid, Year Three $2,301,000 USD 1.1%
Deferred Tax Assets, Operating Loss Carryforwards $11,681,000 USD 24%
Preferred Stock, Shares Authorized 4,000,000 shares 100%
Lessee, Operating Lease, Liability, to be Paid, Year Four $1,219,000 USD -29%
Additional Paid in Capital $1,076,000 USD 19%
Depreciation, Depletion and Amortization $1,284,000 USD 69%
Interest Expense $6,916,000 USD -13%
Preferred Stock, Par or Stated Value Per Share 1 USD/shares 0%