Q1 FY2027 · ended Jun 30, 2026 · Revenue $115.46M, +62.9% YoY · Filed Aug 14, 2026
Air T, Inc. (AIRT) files with the SEC under industry code 4513, Air Courier Services. In Q1 of fiscal 2027, the quarter ended Jun 30, 2026, it reported revenue of $115.5 million and a net loss of $15.8 million. Free cash flow was -$24.2 million. As of Jun 30, 2026 it held $17.9 million in cash and investments and $264.8 million in total debt.
Revenue
$115.46M
+62.9% vs year-ago quarter
Net income
$-15.81M
-866.3% vs year-ago quarter
Operating cash flow
$-2.83M
-158.4% vs year-ago quarter
Free cash flow
$-24.15M
-1721.5% vs year-ago quarter
EPS
$-5.86
-860.7% vs year-ago quarter
Dividend per share
None
Shares outstanding
2.68M
-0.8% vs year-ago quarter
Net cash
$-246.86M
Q1 FY2027
Operating margin
-6.7%
TTM
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; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q1 FY2027 Jun 30, 2026 |
Q3 FY2025 Dec 31, 2025 |
Q2 FY2025 Sep 30, 2025 |
Q1 FY2026 Jun 30, 2025 |
Q4 FY2025 Mar 31, 2025 |
|---|---|---|---|---|---|
| Revenue | $115.5M | $71.1M | $64.2M | $70.9M | $85.7M |
| Operating income | -$12.8M | — | — | $848,000 | -$2.6M |
| Net income | -$15.8M | — | — | -$1.6M | -$7.0M |
| Diluted EPS | -$5.86 | — | — | -$0.61 | -$2.57 |
| Operating cash flow | -$2.8M | — | — | -$1.1M | $4.1M |
| Free cash flow | -$24.2M | — | — | -$1.3M | $4.0M |
| Total assets | $469.1M | $381.8M | $184.7M | $190.0M | $173.8M |
| Total liabilities | $385.9M | $375.9M | $177.4M | $184.7M | $168.2M |
| Stockholders' equity | $65.2M | -$1.2M | $69,000 | -$4.6M | -$3.2M |
| Cash and investments | $17.9M | $38.0M | $18.6M | $14.9M | $6.4M |
| Total debt | $264.8M | $210.4M | $131.6M | $137.7M | $124.5M |
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.