Name: AIRT Income Statement - Air T Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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AIRT - Air T Inc.

USD | NASDAQ | Industrials

AIRT Income Statement - Air T Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q4 FY 26	Q3 FY 26	Q2 FY 26	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17
Revenues
Revenues	120.9	71.1	64.2	70.9	66.3	77.9	81.2	66.4	72.7	63.8	79.0	71.4	74.4	61.4	60.7	50.9

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenues
Revenues	327.1	291.9	286.8	247.3	177.1	175.1	236.8	215.5	194.5	148.5	148.2	112.2	100.8	103.1	89.4	83.4
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	0.2	1.0	0.8	0.0	-	-	-
Operating Income
Operating Income	(11.2)	1.9	1.3	(4.4)	8.8	(9.2)	7.3	9.3	4.2	(3.1)	6.0	3.4	2.6	2.7
Non-Operating
Interest Income	0.7	0.4	0.1	0.3	0.2	0.0	0.0	0.1	0.1	-	-	-	-	0.0	0.0	0.1
Tax & Net
Income Tax Expense	1.4	0.4	0.7	0.4	1.2	(3.4)	(0.5)	1.8	0.2	0.7	2.4	0.9	1.2	1.1	0.7
Per Share
EPS Basic	28.85	(2.23)	(2.42)	(4.32)	3.79	(2.53)	2.74	0.44	1.11	(1.51)	1.86	1.05	0.61	0.68	0.55	0.88
Supplementary Data
EBITDA	1.1	6.3	4.1	(0.2)	10.6	(6.1)	13.0	16.6	6.7	0.1	7.1	4.3	3.4	3.3	2.4	3.8

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.2	0.2	0.1	0.2	0.5
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	31.1	16.7	18.1	15.0	14.9	14.2	14.2	14.6	13.2	13.3	12.8	11.9	8.9	11.5	10.7	11.8	4.0
Depreciation & Amortization	8.6	1.6	0.8	1.3	1.3	1.3	0.9	0.8	0.7	0.7	0.7	0.7	1.2	1.1	1.0	0.9
Amortization of Intangibles	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	134.3	74.9	65.7	70.4	68.9	76.5	77.6	67.0	71.2	65.4	78.2	70.8	79.9	61.3	60.5	50.0

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	5.1	2.4	2.3	2.3	1.7	2.6	2.2	1.9	1.7	1.5	1.9	1.8	1.9	2.2	2.0	1.8	1.6	1.2
Income From Equity Investments	(10.1)	4.2	4.2	(0.0)	(3.2)	0.7	2.3	1.9	(0.8)	1.0	0.7	0.7	(1.5)	2.1	0.3	0.5
Other Non-Operating Income	94.8	1.9	1.7	(1.3)	(4.9)	(2.3)	(0.3)	0.7	(2.5)	(0.3)	(1.9)	(0.5)	(3.2)	(0.2)	(2.1)	(1.4)	(1.5)
Pre-Tax Income	81.5	(1.9)	7.2	(0.8)	(7.5)	(0.9)	3.3	0.1	(1.1)	(2.0)	(1.1)	0.2	(8.8)	(0.0)	(1.9)	(0.6)

Tax & Net
Income Tax Expense	(0.8)	0.1	2.2	(0.1)	(0.3)	0.3	0.3	0.1	(0.1)	0.2	0.5	0.2	1.0	(0.2)	(0.6)	0.2	1.4	(0.3)	0.0	(0.0)	(1.2)	(0.3)	(1.5)	(0.3)	(0.5)	0.6	(0.3)	(0.4)	1.6	0.2	(0.4)	0.4	(0.4)	(0.1)	0.3	0.4	0.6	0.1	0.4	(0.4)
Net Income From Continuing Ops	82.3	(2.0)	5.0	(0.7)	(7.2)	(1.2)	3.0	0.0	(0.9)	(2.1)	(1.6)	(0.0)	(9.8)	0.1	(1.3)	(0.8)	5.1
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	82.3	(2.0)	5.0	(0.7)	(7.2)	(1.2)	3.0	0.0	(0.9)	(2.1)	(1.6)	(0.0)	(9.8)	0.1	(1.3)	(0.8)	5.1
Net Income Attributable To Parent	77.7	(2.5)	4.4	(1.6)	(7.0)	(1.3)	2.5	(0.3)	(1.7)	(3.0)	(1.6)	(0.5)	(9.0)	(0.6)	(1.2)	(1.4)
Less: Minority Interest	4.6	0.5	0.7	1.0	(0.1)	0.1	0.4	0.4	0.8	0.9	0.0	0.5	(0.7)	0.7	(0.1)	0.6	0.7
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	77.7	(2.5)	4.4	(1.6)	(7.0)	(1.3)	2.5	(0.3)	(1.7)	(3.0)	(1.6)	(0.5)	(9.0)	(0.6)	(1.2)

Per Share
EPS Basic	-	(0.91)	1.61	(0.61)	-	(0.47)	0.91	(0.12)	-	(1.06)	(0.57)	(0.19)	-	(0.21)	(0.43)	(0.50)	-	(0.44)	2.62	0.10	-	0.73	(1.01)	(0.29)	-	(0.14)	1.89	0.79	-	(0.89)	(0.65)	0.92	-	(0.33)	0.21	0.47	-	0.60	0.53	(2.42)
EPS Diluted	-	(0.91)	1.61	(0.61)	-	(0.47)	0.91	(0.12)	-	(1.06)	(0.57)	(0.19)	-	(0.21)	(0.43)	(0.50)	-	(0.44)
Shares Basic	-	2.7	2.7	2.7	-	2.8	2.8	2.8	-	2.8	2.8	2.8	-	2.8	2.9	2.9	-	2.9
Shares Diluted	-	2.7	2.7	2.7	-	2.8	2.8	2.8	-	2.8	2.8	2.8	-	2.8	2.9	2.9	-	2.9

Operating Income
Operating Income	(13.4)	(3.8)	5.5	0.4	(2.6)	1.4	3.6	(0.6)	1.5	(1.6)	0.8	0.7	(5.6)	0.1	0.2	0.8	8.0	0.0	0.7	(0.0)	(6.3)	1.1	(3.7)	(0.3)	2.1	3.7	0.5	1.0	5.7	1.9	(0.9)	2.6	1.0	0.6	0.5	2.2	1.3	1.6	1.0	(7.1)

Supplementary Data
EBITDA	(4.7)	(2.2)	6.3	1.7	(1.2)	2.8	4.6	0.2	2.2	(0.9)	1.5	1.3	(4.4)	1.2	1.2	1.7	8.7	0.5	1.0	0.4	(5.8)	2.0	(2.5)	0.3	3.2	4.7	2.2	2.9	7.7	4.0	0.8	4.1	1.7	1.3	1.0	2.6	3.1	2.1	1.4	(6.5)
EBIT	(13.4)	(3.8)	5.5	0.4	(2.6)	1.4	3.6	(0.6)	1.5	(1.6)	0.8	0.7	(5.6)	0.1	0.2	0.8	8.0	0.0	0.7