For the quarter ending 2025-12-31, AIRT made $71,131,000 in revenue. -$2,451,000 in net income. Net profit margin of -3.45%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Reconciliation of revenue | 71,131,000 | 64,150,000 | 70,870,000 | 72,098,500 |
| Cost of revenue-Overnight Air Cargo Segment | 26,039,000 | 24,922,000 | 25,899,000 | - |
| Cost of revenue-Overnight Air Cargo | - | - | - | 26,190,000 |
| Cost of revenue-Ground Equipment Sales Segment | 9,585,000 | 6,539,000 | 12,303,000 | - |
| Cost of revenue-Ground Support Equipment | - | - | - | 8,498,500 |
| Cost of revenue-Commercial Aircraft Engines And Parts | 14,090,000 | 14,427,000 | 14,656,000 | 21,224,000 |
| Cost of revenue-Digital Solutions | 825,000 | 762,000 | 836,000 | 615,500 |
| Cost of revenue-Regional Airline | 5,480,000 | - | - | - |
| Cost of revenue-Corporate And Other Income | 657,000 | 364,000 | 415,000 | 297,750 |
| General and administrative | 16,650,000 | 18,099,000 | 15,031,000 | 14,517,000 |
| Depreciation andamortization | 1,585,000 | 827,000 | 1,284,000 | 1,323,500 |
| Earnout remeasurement | 0 | -264,000 | -402,000 | 108,750 |
| Operating expenses | 74,911,000 | 65,676,000 | 70,424,000 | 72,165,500 |
| Gain on sale of aircraft | 0 | 7,034,000 | - | - |
| Operating (loss) income | -3,780,000 | 5,508,000 | 446,000 | -707,000 |
| Interest expense | 2,380,000 | 2,252,000 | 2,314,000 | 2,139,500 |
| Income from equity method investments | 4,233,000 | 4,179,000 | -19,000 | -1,284,500 |
| Other | 47,000 | -201,000 | 678,000 | -64,000 |
| Nonoperating income (expense) | 1,900,000 | 1,726,000 | -1,253,000 | -3,488,000 |
| (loss) income before income taxes | -1,880,000 | 7,234,000 | -807,000 | -4,195,000 |
| Income tax expense | 121,000 | 2,201,000 | -136,000 | 8,000 |
| Net (loss) income | -2,001,000 | 5,033,000 | -671,000 | -4,203,000 |
| Net income attributable to non-controlling interests | 450,000 | 678,000 | 965,000 | -40,500 |
| Net (loss) income attributable to air t, inc. stockholders | -2,451,000 | 4,355,000 | -1,636,000 | -4,162,500 |
| Basic (in dollars per share) | -0.91 | 1.61 | -0.61 | -1.51 |
| Basic (in shares) | 2,703,000 | 2,703,000 | 2,703,000 | -1,385,500 |
| Diluted (in dollars per share) | -0.91 | 1.61 | -0.61 | -1.51 |
| Diluted (in shares) | 2,703,000 | 2,703,000 | 2,703,000 | -1,385,500 |
AIR T INC (AIRT)
AIR T INC (AIRT)