FY2026 · ended Mar 31, 2026 · Revenue $327.09M, +12.1% YoY · Filed Jun 29, 2026
Air T, Inc. (AIRT) files with the SEC under industry code 4513, Air Courier Services. In fiscal 2026, which ended Mar 31, 2026, it reported revenue of $327.1 million and net income of $78.0 million. Free cash flow was -$41.5 million. As of Jun 30, 2026 it held $17.9 million in cash and investments and $264.8 million in total debt.
Revenue (TTM)
$371.68M
+25.4% vs year-ago TTM
Net income (TTM)
$63.81M
+957.5% vs year-ago TTM
Operating cash flow (TTM)
$-26.78M
-220.1% vs year-ago TTM
Free cash flow (TTM)
$-64.35M
-401.9% vs year-ago TTM
EPS (TTM)
$23.62
+968.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
2.70M
-0.2% vs prior year
Net cash
$-246.86M
as of Jun 30, 2026
Operating margin
-6.7%
FY 2027
Company profile
- Industry
- Air Courier Services (SIC 4513)
- Listed as
- AIRT (Nasdaq), AIRTP (Nasdaq)
- Fiscal year ends
- March 31
- Incorporated in
- DE
- Headquarters
- Charlotte, NC
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 353184
- Former names
- AIR TRANSPORTATION HOLDING CO INC (until Feb 12, 1999)
Other Air Courier Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2026 Mar 31, 2026 |
FY 2025 Mar 31, 2025 |
FY 2024 Mar 31, 2024 |
FY 2023 Mar 31, 2023 |
FY 2022 Mar 31, 2022 |
|---|---|---|---|---|---|
| Revenue | $327.1M | $291.9M | $286.8M | $247.3M | $177.1M |
| Operating income | -$11.2M | $1.9M | $1.3M | -$4.4M | $8.8M |
| Net income | $78.0M | -$6.1M | -$6.8M | -$12.3M | $10.9M |
| Diluted EPS | $28.85 | -$2.23 | -$2.42 | -$4.32 | $3.78 |
| Operating cash flow | -$25.0M | $23.5M | $17.2M | $16.9M | -$33.1M |
| Free cash flow | -$41.5M | $22.4M | $16.1M | $15.7M | -$34.6M |
| Total assets | $409.1M | $173.8M | $177.2M | $189.6M | $207.6M |
| Total liabilities | $317.9M | $168.2M | $158.4M | $163.9M | $171.1M |
| Stockholders' equity | $79.8M | -$3.2M | $4.8M | $11.9M | $24.6M |
| Cash and investments | $21.4M | $6.4M | $7.1M | $5.8M | $6.5M |
| Total debt | $223.8M | $124.5M | $125.2M | $137.5M | $144.0M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, New debt
|
Sep 4, 2026 | Sep 4, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Aug 28, 2026 | Aug 28, 2026 |
| 8-K/A | Amended current report | Aug 28, 2026 | Aug 28, 2026 |
| 8-K/A | Amended current report | Aug 26, 2026 | Aug 26, 2026 |
| 8-K |
Current report
Regulation FD disclosure, Other events
|
Aug 14, 2026 | Aug 14, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 14, 2026 | Aug 14, 2026 |
All 1000 Air T, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.