Air T Inc

Name: Air T Inc standardized financial statements, quarterly
Creator: Listed

AIRTNasdaqCIK 353184IndustrialsFiscal year ends Mar 31

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Standardized line items from XBRL company facts, the last twelve quarters. Negative values are in parentheses. A figure marked d is derived from year-to-date figures.

Income statement

Revenue$115.5m, Q1 FY2026

Operating income−$12.8m, Q1 FY2026

Net income−$15.8m, Q1 FY2026

Air T Inc, income statement, quarterly
Line item	Unit	Q2 FY20242023-09-30	Q3 FY20242023-12-31	Q4 FY20242024-03-31	Q1 FY20252024-06-30	Q2 FY20252024-09-30	Q3 FY20252024-12-31	Q4 FY20252025-03-31	Q1 FY20262025-06-30	Q2 FY20262025-09-30	Q3 FY20262025-12-31	Q4 FY20262026-03-31	Q1 FY20262026-06-30
Revenue	$m	79.0	63.8	72.7	66.4	81.2	77.9	66.3	70.9	64.2	71.1	121	115
Research and development	$m	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported
Operating income	$m	0.8	(1.6)	1.5	(0.6)	3.6	1.4	(2.6)	0.8	5.5	(3.8)	(13.8)	(12.8)
Interest expense	$m	1.9	1.5	1.7	1.9	2.2	2.6	1.7	2.3	2.3	2.4	5.1	5.7
Income tax	$m	0.5	0.2	(0.1)	0.1	0.3	0.3	(0.3)	(0.1)	2.2	0.1	(0.8)	0.7
Net income	$m	(1.6)	(3.0)	(1.7)	(0.3)	2.5	(1.3)	(7.0)	(1.6)	4.4	(2.5)	77.7	(15.8)
Diluted EPS	$ per share	(0.57)	(1.06)	not reported	(0.12)	0.91	(0.47)	not reported	(0.61)	1.61	(0.91)	not reported	(5.86)
Basic EPS	$ per share	(0.57)	(1.06)	not reported	(0.12)	0.91	(0.47)	not reported	(0.61)	1.61	(0.91)	not reported	(5.86)

Balance sheet

Cash and equivalents$16.7m, Q1 FY2026

Long-term debt$246.3m, Q1 FY2026

Shareholders' equity$65.2m, Q1 FY2026

Air T Inc, balance sheet, quarterly
Line item	Unit	Q2 FY20242023-09-30	Q3 FY20242023-12-31	FY20242024-03-31	Q1 FY20252024-06-30	Q2 FY20252024-09-30	Q3 FY20252024-12-31	FY20252025-03-31	Q1 FY20262025-06-30	Q2 FY20262025-09-30	Q3 FY20262025-12-31	FY20262026-03-31	Q1 FY20262026-06-30
Cash and equivalents	$m	5.0	4.5	7.1	7.8	8.6	18.5	5.9	14.5	17.5	37.4	20.3	16.7
Current assets	$m	98.3	89.3	103	101	103	90.1	78.5	92.9	95.8	161	160	158
Total assets	$m	172	163	177	175	197	188	174	190	185	382	409	469
Current liabilities	$m	50.8	44.8	46.8	46.9	45.1	47.3	47.7	49.1	46.4	168	95.5	111
Total liabilities	$m	149	142	158	163	181	174	168	185	177	376	318	386
Long-term debt	$m	108	101	113	112	127	123	110	124	118	194	208	246
Current portion of debt	$m	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported
Short-term borrowings	$m	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported
Shareholders' equity	$m	9.9	6.9	4.8	4.1	7.0	5.1	(3.2)	(4.6)	0.1	(1.2)	79.8	65.2

Cash flow

Operating cash flow−$2.8m, Q1 FY2026

Capital expenditure$21.3m, Q1 FY2026

Air T Inc, cash flow, quarterly
Line item	Unit	Q2 FY20242023-09-30	Q3 FY20242023-12-31	Q4 FY20242024-03-31	Q1 FY20252024-06-30	Q2 FY20252024-09-30	Q3 FY20252024-12-31	Q4 FY20252025-03-31	Q1 FY20262025-06-30	Q2 FY20262025-09-30	Q3 FY20262025-12-31	Q4 FY20262026-03-31	Q1 FY20262026-06-30
Operating cash flow	$m	12.4	7.2	(6.0)	0.1	2.9	16.3	4.1	(1.1)	(5.4)	(18.5)	(0.0)	(2.8)
Capital expenditure	$m	0.2	0.1	0.4	0.3	0.2	0.4	0.1	0.2	0.2	0.8	15.3	21.3
Dividends paid	$m	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported
Share repurchases	$m	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported	not reported

Diluted shares (weighted)2.70m, Q1 FY2026

Air T Inc, shares, quarterly
Line item	Unit	Q2 FY20232022-09-30	Q3 FY20232022-12-31	Q1 FY20242023-06-30	Q2 FY20242023-09-30	Q3 FY20242023-12-31	Q1 FY20252024-06-30	Q2 FY20252024-09-30	Q3 FY20252024-12-31	Q1 FY20262025-06-30	Q2 FY20262025-09-30	Q3 FY20262025-12-31	Q1 FY20262026-06-30
Diluted shares (weighted)	k shares	2,865	2,836	2,818	2,820	2,822	2,761	2,760	2,756	2,703	2,703	2,703	2,696

Shares outstanding: 2.68m at Jul 31, 2026, from the cover of the 10-Q filed Aug 14, 2026.

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:22 ET. Listed shows no prices and gives no investment advice.