Income Tax Expense (Benefit) of AIR T INC from 30 Jun 2010 to 31 Dec 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
AIR T INC quarterly and annual Income Tax Expense (Benefit) in USD history and change rate from 30 Jun 2010 to 31 Dec 2025.
  • AIR T INC Income Tax Expense (Benefit) for the quarter ending 31 Dec 2025 was $121,000, a 65% decline year-over-year.
  • AIR T INC Income Tax Expense (Benefit) for the twelve months ending 31 Dec 2025 was $1,855,000, a 194% increase year-over-year.
  • AIR T INC annual Income Tax Expense (Benefit) for 2024 was $423,000, a 42% decline from 2023.
  • AIR T INC annual Income Tax Expense (Benefit) for 2023 was $729,000, a 69% increase from 2022.
  • AIR T INC annual Income Tax Expense (Benefit) for 2022 was $432,000, a 63% decline from 2021.
Source SEC data
View on sec.gov
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Change (%)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Change (%)

AIR T INC Quarterly Income Tax Expense (Benefit) (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q4 2025 $1,855,000 $121,000 -$226,000 -65% 01 Oct 2025 31 Dec 2025 10-Q 13 Feb 2026 2025 Q3
Q3 2025 $2,081,000 $2,201,000 +$1,865,000 +555% 01 Jul 2025 30 Sep 2025 10-Q 12 Nov 2025 2025 Q2
Q2 2025 $216,000 $136,000 -$207,000 -292% 01 Apr 2025 30 Jun 2025 10-Q 13 Aug 2025 2026 Q1
Q1 2025 $423,000 $331,000 -$209,000 -171% 01 Jan 2025 31 Mar 2025 10-K/A 12 Aug 2025 2025 FY
Q4 2024 $632,000 $347,000 +$194,000 +127% 01 Oct 2024 31 Dec 2024 10-Q 13 Feb 2026 2025 Q3
Q3 2024 $438,000 $336,000 -$151,000 -31% 01 Jul 2024 30 Sep 2024 10-Q 12 Nov 2025 2025 Q2
Q2 2024 $589,000 $71,000 -$140,000 -66% 01 Apr 2024 30 Jun 2024 10-Q 13 Aug 2025 2026 Q1
Q1 2024 $729,000 $122,000 -$1,090,000 -113% 01 Jan 2024 31 Mar 2024 10-K/A 12 Aug 2025 2025 FY
Q4 2023 $1,819,000 $153,000 +$309,000 01 Oct 2023 31 Dec 2023 10-Q 12 Feb 2025 2025 Q3
Q3 2023 $1,510,000 $487,000 +$1,059,000 01 Jul 2023 30 Sep 2023 10-Q 12 Nov 2024 2025 Q2
Q2 2023 $451,000 $211,000 +$19,000 +9.9% 01 Apr 2023 30 Jun 2023 10-Q 14 Aug 2024 2025 Q1
Q1 2023 $432,000 $968,000 -$450,000 -32% 01 Jan 2023 31 Mar 2023 10-K 26 Jun 2024 2024 FY
Q4 2022 $882,000 $156,000 +$126,000 +45% 01 Oct 2022 31 Dec 2022 10-Q 12 Feb 2024 2024 Q3
Q3 2022 $756,000 $572,000 -$610,000 -1605% 01 Jul 2022 30 Sep 2022 10-Q 14 Nov 2023 2024 Q2
Q2 2022 $1,366,000 $192,000 +$197,000 01 Apr 2022 30 Jun 2022 10-Q 11 Aug 2023 2024 Q1
Q1 2022 $1,169,000 $1,418,000 +$2,640,000 01 Jan 2022 31 Mar 2022 10-K/A 28 Jun 2023 2023 FY
Q4 2021 $1,471,000 $282,000 +$36,000 +11% 01 Oct 2021 31 Dec 2021 10-Q 10 Feb 2023 2023 Q3
Q3 2021 $1,507,000 $38,000 +$1,585,000 01 Jul 2021 30 Sep 2021 10-Q 10 Nov 2022 2023 Q2
Q2 2021 $3,092,000 $5,000 +$295,000 +98% 01 Apr 2021 30 Jun 2021 10-Q 12 Aug 2022 2023 Q1
Q1 2021 $3,387,000 $1,222,000 -$735,000 -151% 01 Jan 2021 31 Mar 2021 10-K 28 Jun 2022 2022 FY
Q4 2020 $2,652,000 $318,000 -$934,000 -152% 01 Oct 2020 31 Dec 2020 10-Q 14 Feb 2022 2022 Q3
Q3 2020 $1,718,000 $1,547,000 -$1,251,000 -423% 01 Jul 2020 30 Sep 2020 10-Q 12 Nov 2021 2022 Q2
Q2 2020 $467,000 $300,000 +$77,000 +20% 01 Apr 2020 30 Jun 2020 10-Q 12 Aug 2021 2022 Q1
Q1 2020 $544,000 $487,000 -$2,080,000 -131% 01 Jan 2020 31 Mar 2020 10-K 25 Jun 2021 2020 FY
Q4 2019 $1,536,000 $616,000 +$442,000 +254% 01 Oct 2019 31 Dec 2019 10-Q/A 12 Feb 2021 2020 Q3
Q3 2019 $1,094,000 $296,000 +$97,000 +25% 01 Jul 2019 30 Sep 2019 10-Q 12 Nov 2020 2020 Q2
Q2 2019 $997,000 $377,000 -$764,000 -197% 01 Apr 2019 30 Jun 2019 10-Q 14 Aug 2020 2020 Q1
Q1 2019 $1,761,000 $1,593,000 +$1,993,000 01 Jan 2019 31 Mar 2019 10-K 26 Jun 2020 2019 FY
Q4 2018 $232,000 $174,000 +$234,000 01 Oct 2018 31 Dec 2018 10-Q 14 Feb 2019 2019 Q3
Q3 2018 $466,000 $393,000 -$674,000 -240% 01 Jul 2018 30 Sep 2018 10-Q 14 Nov 2018 2019 Q2
Q2 2018 $208,000 $387,000 +$13,000 +3.5% 01 Apr 2018 30 Jun 2018 10-Q 14 Aug 2019 2020 Q1
Q1 2018 $195,000 $400,000 -$973,000 -170% 01 Jan 2018 31 Mar 2018 10-K 28 Jun 2019 2019 FY
Q4 2017 $1,168,000 $60,000 -$209,000 -140% 01 Oct 2017 31 Dec 2017 10-Q 14 Feb 2019 2019 Q3
Q3 2017 $1,377,000 $281,000 -$94,000 -25% 01 Jul 2017 30 Sep 2017 10-Q 14 Nov 2018 2019 Q2
Q2 2017 $1,471,000 $374,000 +$746,000 01 Apr 2017 30 Jun 2017 10-Q 14 Aug 2018 2019 Q1
Q1 2017 $725,000 $573,000 +$1,044,548 01 Jan 2017 31 Mar 2017 10-K 29 Jun 2018 2018 FY
Q4 2016 $319,548 $149,000 -$1,350,000 -90% 01 Oct 2016 31 Dec 2016 10-Q 14 Feb 2018 2018 Q3
Q3 2016 $1,030,452 $375,000 -$1,326,000 -78% 01 Jul 2016 30 Sep 2016 10-Q 14 Nov 2017 2018 Q2
Q2 2016 $2,356,452 $372,000 -$39,000 -12% 01 Apr 2016 30 Jun 2016 10-Q 26 Oct 2017 2018 Q1
Q1 2016 $2,395,452 $471,548 +$92,269 +16% 01 Jan 2016 31 Mar 2016 10-K 13 Oct 2017 2017 FY
Q4 2015 $2,303,183 $1,499,000 +$808,383 +117% 01 Oct 2015 31 Dec 2015 10-Q/A 13 Oct 2017 2017 Q3
Q3 2015 $1,494,800 $1,701,000 +$934,800 +122% 01 Jul 2015 30 Sep 2015 10-Q/A 13 Oct 2017 2017 Q2
Q2 2015 $560,000 $333,000 -$371,000 -976% 01 Apr 2015 30 Jun 2015 10-Q/A 13 Oct 2017 2017 Q1
Q1 2015 $931,000 $563,817 -$1,025,817 -222% 01 Jan 2015 31 Mar 2015 10-K/A 13 Oct 2017 2016 FY
Q4 2014 $1,956,817 $690,617 +$350,617 +103% 01 Oct 2014 31 Dec 2014 10-Q/A 13 Oct 2017 2016 Q3
Q3 2014 $1,606,200 $766,200 +$465,200 +155% 01 Jul 2014 30 Sep 2014 10-Q 06 Nov 2015 2016 Q2
Q2 2014 $1,141,000 $38,000 -$51,000 -57% 01 Apr 2014 30 Jun 2014 10-Q 05 Aug 2015 2016 Q1
Q1 2014 $1,192,000 $462,000 +$120,000 +35% 01 Jan 2014 31 Mar 2014 10-K 08 Jun 2015 2015 FY
Q4 2013 $1,072,000 $340,000 -$17,000 -4.8% 01 Oct 2013 31 Dec 2013 10-Q 03 Feb 2015 2015 Q3
Q3 2013 $1,089,000 $301,000 +$175,000 +139% 01 Jul 2013 30 Sep 2013 10-Q 07 Nov 2014 2015 Q2
Q2 2013 $914,000 $89,000 -$146,000 -62% 01 Apr 2013 30 Jun 2013 10-Q 08 Aug 2014 2015 Q1
Q1 2013 $1,060,000 $342,000 +$354,000 01 Jan 2013 31 Mar 2013 10-K 02 Jun 2014 2014 FY
Q4 2012 $706,000 $357,000 +$29,000 +8.8% 01 Oct 2012 31 Dec 2012 10-Q 10 Feb 2014 2013 Q3
Q3 2012 $677,000 $126,000 -$209,000 -62% 01 Jul 2012 30 Sep 2012 10-Q 07 Nov 2013 2013 Q2
Q2 2012 $886,000 $235,000 +$140,000 +147% 01 Apr 2012 30 Jun 2012 10-Q 07 Aug 2013 2013 Q1
Q1 2012 $746,000 $12,000 -$627,000 -102% 01 Jan 2012 31 Mar 2012 10-K 04 Jun 2013 2012 FY
Q4 2011 $1,373,000 $328,000 -$11,000 -3.2% 01 Oct 2011 31 Dec 2011 10-Q 01 Feb 2013 2012 Q3
Q3 2011 $1,384,000 $335,000 +$27,000 +8.8% 01 Jul 2011 30 Sep 2011 10-Q 02 Nov 2012 2012 Q2
Q2 2011 $1,357,000 $95,000 -$74,000 -44% 01 Apr 2011 30 Jun 2011 10-Q 07 Aug 2012 2012 Q1
Q1 2011 $1,431,000 $615,000 01 Jan 2011 31 Mar 2011 10-K 05 Jun 2012 2011 FY
Q4 2010 $339,000 01 Oct 2010 31 Dec 2010 10-Q 03 Feb 2012 2011 Q3
Q3 2010 $308,000 01 Jul 2010 30 Sep 2010 10-Q 02 Nov 2011 2011 Q2
Q2 2010 $169,000 01 Apr 2010 30 Jun 2010 10-Q 10 Aug 2011 2011 Q1

AIR T INC Annual Income Tax Expense (Benefit) (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $423,000 -$306,000 -42% 01 Apr 2024 31 Mar 2025 10-K/A 12 Aug 2025 2025 FY
2023 $729,000 +$297,000 +69% 01 Apr 2023 31 Mar 2024 10-K/A 12 Aug 2025 2025 FY
2022 $432,000 -$737,000 -63% 01 Apr 2022 31 Mar 2023 10-K 26 Jun 2024 2024 FY
2021 $1,169,000 +$4,556,000 01 Apr 2021 31 Mar 2022 10-K/A 28 Jun 2023 2023 FY
2020 $3,387,000 -$2,843,000 -523% 01 Apr 2020 31 Mar 2021 10-K 28 Jun 2022 2022 FY
2019 $544,000 -$2,305,000 -131% 01 Apr 2019 31 Mar 2020 10-K 25 Jun 2021 2020 FY
2018 $1,761,000 +$1,566,000 +803% 01 Apr 2018 31 Mar 2019 10-K 26 Jun 2020 2019 FY
2017 $195,000 -$530,000 -73% 01 Apr 2017 31 Mar 2018 10-K 28 Jun 2019 2019 FY
2016 $725,000 -$1,670,452 -70% 01 Apr 2016 31 Mar 2017 10-K 29 Jun 2018 2018 FY
2015 $2,395,452 +$1,464,452 +157% 01 Apr 2015 31 Mar 2016 10-K 13 Oct 2017 2017 FY
2014 $931,000 -$261,000 -22% 01 Apr 2014 31 Mar 2015 10-K/A 13 Oct 2017 2016 FY
2013 $1,192,000 +$132,000 +12% 01 Apr 2013 31 Mar 2014 10-K 08 Jun 2015 2015 FY
2012 $1,060,000 +$314,000 +42% 01 Apr 2012 31 Mar 2013 10-K 02 Jun 2014 2014 FY
2011 $746,000 -$685,000 -48% 01 Apr 2011 31 Mar 2012 10-K 04 Jun 2013 2012 FY
2010 $1,431,000 01 Apr 2010 31 Mar 2011 10-K 05 Jun 2012 2011 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.