AIR T INC financial data

Symbol
AIRT, AIRTP on Nasdaq
Location
Charlotte, NC
Fiscal year end
31 March
Latest financial report
10-Q - Q3 2025 - 12 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 188% % -13%
Quick Ratio 86% % -30%
Debt-to-equity -26438% % -1037%
Return On Equity -1441% % -3909%
Return On Assets -3% % -118%
Operating Margin 2.1% %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2,702,639 shares -2.1%
Common Stock, Shares, Outstanding 2,702,639 shares -2.1%
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 -2.1%
Weighted Average Number of Shares Outstanding, Diluted 2,703,000 shares -2.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $298,214,000 USD 3.4%
Revenue from Contract with Customer, Excluding Assessed Tax $64,150,000 USD -21%
General and Administrative Expense $62,164,000 USD 12%
Costs and Expenses $70,424,000 USD 5.1%
Operating Income (Loss) $4,819,000 USD 67%
Nonoperating Income (Expense) $6,782,000 USD -171%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,963,000 USD -611%
Income Tax Expense (Benefit) $2,081,000 USD 375%
Net Income (Loss) Attributable to Parent $5,606,000 USD -125%
Earnings Per Share, Basic -2 USD/shares -132%
Earnings Per Share, Diluted -2 USD/shares -132%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $17,458,000 USD 103%
Marketable Securities, Current $1,102,000 USD
Accounts Receivable, after Allowance for Credit Loss, Current $18,637,000 USD -39%
Inventory, Net $46,626,000 USD -9.1%
Other Assets, Current $8,175,000 USD 63%
Assets, Current $95,807,000 USD -6.6%
Property, Plant and Equipment, Net $19,897,000 USD -3.6%
Operating Lease, Right-of-Use Asset $12,269,000 USD -14%
Intangible Assets, Net (Excluding Goodwill) $10,418,000 USD -3%
Goodwill $11,902,000 USD 11%
Other Assets, Noncurrent $1,805,000 USD -35%
Assets $184,741,000 USD -6.3%
Accounts Payable, Current $15,771,000 USD 1.5%
Accrued Liabilities, Current $22,055,000 USD 54%
Liabilities, Current $46,447,000 USD 3%
Deferred Income Tax Liabilities, Net $2,249,000 USD -8.1%
Operating Lease, Liability, Noncurrent $10,665,000 USD -17%
Other Liabilities, Noncurrent $231,000 USD -89%
Liabilities $177,434,000 USD -2%
Accumulated Other Comprehensive Income (Loss), Net of Tax $162,000 USD -179%
Retained Earnings (Accumulated Deficit) $4,849,000 USD -54%
Stockholders' Equity Attributable to Parent $69,000 USD -99%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $913,000 USD -110%
Liabilities and Equity $184,741,000 USD -6.3%

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 $17,788,000 USD 94%
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 $13,216,000 USD -13%
Payments to Acquire Property, Plant, and Equipment $231,000 USD -32%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $5,972,000 USD -136%
Lessee, Operating Lease, Liability, to be Paid $17,443,000 USD -14%
Property, Plant and Equipment, Gross $29,525,000 USD 3.4%
Operating Lease, Liability, Current $2,551,000 USD 11%
Lessee, Operating Lease, Liability, to be Paid, Year Two $2,354,000 USD -19%
Lessee, Operating Lease, Liability, to be Paid, Year One $3,062,000 USD 0.36%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $4,227,000 USD -16%
Lessee, Operating Lease, Liability, to be Paid, Year Three $1,748,000 USD -24%
Deferred Tax Assets, Operating Loss Carryforwards $11,681,000 USD 24%
Preferred Stock, Shares Authorized 2,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $977,000 USD -43%
Additional Paid in Capital $1,028,000 USD 17%
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%