| Income Statement | 2026-03-31 | 2025-03-31 | ||
|---|---|---|---|---|
| Reconciliation of revenue | 327,090 | 291,850 | ||
| Cost of revenue-Overnight Air Cargo | 104,100 | 104,760 | ||
| Cost of revenue-Ground Support Equipment | 36,726 | 33,994 | ||
| Cost of revenue-Commercial Aircraft Engines And Parts | 61,579 | 84,896 | ||
| Cost of revenue-Digital Solutions | 3,589 | 2,462 | ||
| Cost of revenue-Regional Airline | 44,878 | NaN | ||
| Cost of revenue-Corporate And Other Income | 1,935 | 1,191 | ||
| General and administrative | 80,840 | 57,848 | ||
| Depreciation and amortization | 12,340 | 4,356 | ||
| Earnout remeasurement | -666 | 435 | ||
| Operating expenses | 345,321 | 289,942 | ||
| Gain on sale of aircraft on lease | 7,034 | NaN | ||
| Operating (loss) income | -11,197 | 1,908 | ||
| Interest expense | 12,040 | 8,387 | ||
| (loss) income from equity method investments | -1,740 | 1,700 | ||
| Gain on bargain purchase | 111,190 | NaN | ||
| Other | -193 | -209 | ||
| Non-operating income (expense) | 97,217 | -6,896 | ||
| Earnings (loss) before income taxes | 86,020 | -4,988 | ||
| Income tax expense | 1,369 | 423 | ||
| Net income (loss) | 84,651 | -5,411 | ||
| Net income attributable to non-controlling interests | 6,668 | 729 | ||
| Net income (loss) attributable to air t, inc. stockholders | 77,983 | -6,140 | ||
| Basic EPS | 28.85 | -2.23 | ||
| Diluted EPS | 28.85 | -2.23 | ||
| Basic Average Shares | 2,703,000 | 2,750,000 | ||
| Diluted Average Shares | 2,703,000 | 2,750,000 | ||
AIR T INC (AIRT)
AIR T INC (AIRT)