| Income Statement | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Reconciliation of revenue | 64,150 | 70,870 | 81,242 | 66,411 |
| Cost of revenue-Overnight Air Cargo Segment | 24,922 | 25,899 | - | - |
| Cost of revenue-Ground Equipment Sales Segment | 6,539 | 12,303 | - | - |
| Cost of revenue-Commercial Aircraft Engines And Parts | 14,427 | 14,656 | - | - |
| Cost of revenue-Digital Solutions | 762 | 836 | - | - |
| Cost of revenue | - | - | 61,303 | 50,775 |
| Cost of revenue-Corporate And Other Income | 364 | 415 | - | - |
| General and administrative | 18,099 | 15,031 | 14,202 | 14,612 |
| Depreciation andamortization | 827 | 1,284 | 949 | 760 |
| Earnout remeasurement | -264 | -402 | - | - |
| Operating expenses | 65,676 | 70,424 | 77,343 | 66,988 |
| Gain on sale of aircraft (note 11) | 7,034 | - | - | - |
| Operating income | 5,508 | 446 | 3,899 | -577 |
| Interest expense | 2,252 | 2,314 | 2,162 | 1,946 |
| Income from equity method investments | 4,179 | -19 | 2,346 | 1,923 |
| Other | -201 | 678 | -784 | 703 |
| Nonoperating income (expense) | 1,726 | -1,253 | -600 | 680 |
| Income before income taxes | 7,234 | -807 | 3,299 | 103 |
| Income tax expense | 2,201 | -136 | 336 | 71 |
| Net income | 5,033 | -671 | 2,963 | 32 |
| Net income attributable to non-controlling interests | 678 | 965 | 443 | 367 |
| Net income attributable to air t, inc. stockholders | 4,355 | -1,636 | 2,520 | -335 |
| Basic (in dollars per share) | 1.61 | -0.61 | 0.91 | -0.12 |
| Basic (in shares) | 2,703,000 | 2,703,000 | 2,760,000 | 2,761,000 |
| Diluted (in dollars per share) | 1.61 | -0.61 | 0.91 | -0.12 |
| Diluted (in shares) | 2,703,000 | 2,703,000 | 2,760,000 | 2,761,000 |
AIR T INC (AIRT)
AIR T INC (AIRT)