AIR T INC Financial Summary

Quick Answer

AIR T INC reported Total Revenue of $291.85 million for fiscal year 2025.

AIR T INC — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $291.85M
+1.7%
$286.83M
+16.0%
$247.32M
+39.7%
$177.08M
+1.1%
$175.12M
-26.0%
$236.78M
+9.9%
Revenue (ASC 606) $291.85M
+1.7%
$286.83M
Net Income -$6.14M
+10.0%
-$6.82M
+44.5%
-$12.29M
-212.5%
$10.93M
+250.2%
-$7.28M
-195.0%
$7.66M
+471.3%
Diluted EPS -$2.23
+7.9%
-$2.42
+44.0%
-$4.32
-214.3%
$3.78
+249.4%
-$2.53
-192.7%
$2.73
+520.5%
Total Assets $173.78M
-1.9%
$177.17M
-6.5%
$189.56M
-8.7%
$207.60M
+47.5%
$140.75M
-7.1%
$151.43M
+31.5%
Cash and Equivalents $5.93M
-16.5%
$7.10M
+22.3%
$5.81M
+3.4%
$5.62M
-48.9%
$11.00M
+84.7%
$5.95M
-52.1%
Long-Term Debt
Stockholders Equity -$3.22M
-167.4%
$4.77M
-59.9%
$11.90M
-51.6%
$24.61M
+79.3%
$13.72M
-42.8%
$24.01M
-1.4%
R&D Expense
Operating Income $1.91M
+50.9%
$1.26M
+128.7%
-$4.41M
-150.3%
$8.76M
+195.4%
-$9.18M
-225.8%
$7.29M
-21.9%
Shares Outstanding 2.70M
-2.6%
2.78M
-1.5%
2.82M
-1.7%
2.87M
-0.5%
2.88M
+0.0%
2.88M
+42.5%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue December 31, 2025 $71.13M -8.7% +10.9%
Revenue (ASC 606) December 31, 2025 $71.13M -8.7% +10.9%
Net Income December 31, 2025 -$2.45M -89.0% -156.3%
Diluted EPS December 31, 2025 -$0.91 -93.6% -156.5%
Total Assets December 31, 2025 $381.76M +103.5% +106.6%
Cash and Equivalents December 31, 2025 $37.37M +102.4% +114.0%
Long-Term Debt September 30, 2015 $13.82M -3.6%
Stockholders Equity December 31, 2025 -$1.17M -122.9% -1795.7%
R&D Expense June 30, 2017 $195.7K -61.7% +81.8%
Operating Income December 31, 2025 -$3.78M -365.4% -168.6%
Shares Outstanding December 31, 2025 2.70M -1.4% +0.0%
  • AIR T INC reported Total Revenue of $291.85 million for fiscal year 2025.
  • AIR T INC showed an increase of +1.7% in Total Revenue compared to the prior fiscal year.
  • AIR T INC reported Revenue (ASC 606) of $291.85 million for fiscal year 2025.
  • AIR T INC showed an increase of +1.7% in Revenue (ASC 606) compared to the prior fiscal year.
  • AIR T INC reported Net Income of -$6.14 million for fiscal year 2025.
  • AIR T INC showed an increase of +10.0% in Net Income compared to the prior fiscal year.
  • AIR T INC reported Diluted EPS of $2.23 per share (loss) for fiscal year 2025.
  • AIR T INC showed an increase of +7.9% in Diluted EPS compared to the prior fiscal year.
  • AIR T INC reported Total Assets of $173.78 million for fiscal year 2025.
  • AIR T INC showed a decrease of -1.9% in Total Assets compared to the prior fiscal year.
  • AIR T INC reported Cash and Equivalents of $5.93 million for fiscal year 2025.
  • AIR T INC showed a decrease of -16.5% in Cash and Equivalents compared to the prior fiscal year.
  • AIR T INC reported Long-Term Debt of $5.00 million for fiscal year 2015.
  • AIR T INC reported Stockholders Equity of -$3.22 million for fiscal year 2025.
  • AIR T INC showed a decrease of -167.4% in Stockholders Equity compared to the prior fiscal year.
  • AIR T INC reported R&D Expense of $195.7 thousand for fiscal year 2018.
  • AIR T INC showed a decrease of -81.2% in R&D Expense compared to the prior fiscal year.
  • AIR T INC reported Operating Income of $1.91 million for fiscal year 2025.
  • AIR T INC showed an increase of +50.9% in Operating Income compared to the prior fiscal year.
  • AIR T INC reported Shares Outstanding of 2.70 million shares for fiscal year 2025.
  • AIR T INC showed a decrease of -2.6% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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