AIRT
AIR T INCCompany Information
- Company Name
- AIR T INC
- CIK
- CIK0000353184
- Category
- Non-accelerated filer<br>Smaller reporting company
- Ticker: Exchange
- AIRT: Nasdaq, AIRTP: Nasdaq
- Fiscal Year End
- March 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 4513
- SIC Description
- Air Courier Services
- Ticker
- AIRT
SEC filing data through
Insider Sentiment
- Last purchase
- 2024-11-15
- Last sale
- —
- Shares purchased (TTM)
- 1,250
- Shares sold (TTM)
- 0
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 205,265
- Shares outstanding
- 2,696,000
- Ownership
- 7.61%
Earnings Market Reaction
- Filing date
- 2026-08-14
- Price on filing date
- —
- 1-month reaction
- 7.88%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonrelated Party | 0 | 9 | 0 | -0 | 3 | 0 | 2 | -14 | 16 | 0 | - | - | ||||||
| Related Party | 0 | 1 | 0 | -0 | 3 | 3 | 2 | -14 | 16 | 0 | - | - | ||||||
| Crestone Asset Management L L C | 0 | 1 | - | - | 37 | 3 | - | - | - | - | - | - | ||||||
| Bloomia | 0 | 4 | - | - | - | 3 | - | - | - | - | - | - | ||||||
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 17 | 20 | 37 | 17 | 14 | 6 | 18 | 9 | 8 | 7 | 4 | 5 | ||||||
| Marketable Securities Current | 1 | 1 | 1 | 1 | 0 | 0 | - | - | - | 1 | 0 | - | ||||||
| Restricted Cash And Cash Equivalents At Carrying Value | - | - | - | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | ||||||
| Restricted Cash Current | 5 | 5 | 5 | - | - | 1 | - | - | - | - | - | - | ||||||
| Restricted Investments Current | - | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Accounts Receivable Net Current | 33 | 40 | 43 | 19 | 25 | 24 | 25 | 31 | 23 | 23 | 18 | 27 | ||||||
| Income Taxes Receivable | 1 | 0 | 0 | 0 | 1 | 1 | - | - | - | 1 | 0 | 0 | ||||||
| Inventory Net | 90 | 77 | 65 | 47 | 40 | 39 | 39 | 51 | 58 | 61 | 54 | 54 | ||||||
| Prepaid Expense And Other Assets Current | - | - | - | - | - | - | - | - | - | 5 | 10 | 10 | ||||||
| Prepaid Expense Current | 7 | 9 | 3 | 4 | 4 | 3 | 3 | 2 | 2 | 2 | - | - | ||||||
| Other Assets Current | 4 | 8 | 5 | 8 | 7 | 5 | 4 | 5 | 5 | 3 | - | - | ||||||
| Assets Current | 158 | 160 | 161 | 96 | 93 | 79 | 90 | 103 | 101 | 103 | 89 | 98 | ||||||
| Finance Lease Right Of Use Asset | - | 0 | 0 | 0 | 14 | 15 | 15 | 16 | 0 | 0 | - | - | ||||||
| Notes And Loans Receivable Net Noncurrent | 8 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Property Plant And Equipment Net | 175 | 162 | 136 | 20 | 20 | 20 | 21 | 21 | 21 | 21 | 21 | 21 | ||||||
| Intangible Assets Net Excluding Goodwill | 57 | 13 | 14 | 10 | 10 | 10 | 10 | 11 | 11 | 11 | 11 | 11 | ||||||
| Operating Lease Right Of Use Asset | 17 | 15 | 15 | 12 | 13 | 13 | 14 | 14 | 13 | 11 | 12 | 12 | ||||||
| Equity Method Investments | 28 | 26 | 34 | 28 | 20 | 19 | 19 | 18 | 16 | 17 | 15 | 14 | ||||||
| Deferred Income Tax Assets Net | 0 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Goodwill | 20 | 12 | 12 | 12 | 12 | 11 | 10 | 11 | 11 | 11 | 11 | 10 | ||||||
| Other Assets Noncurrent | 5 | 8 | 5 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | ||||||
| Assets | 469 | 409 | 382 | 185 | 190 | 174 | 188 | 197 | 175 | 177 | 163 | 172 | ||||||
Liabilities Current | ||||||||||||||||||
| Lines Of Credit Current | - | - | - | - | - | - | - | - | - | 14 | 17 | 24 | ||||||
| Accounts Payable Current | 41 | 37 | 16 | 16 | 18 | 18 | 10 | 16 | 14 | 15 | 14 | 12 | ||||||
| Taxes Payable Current | - | 1 | 1 | 1 | - | 0 | - | - | - | - | - | - | ||||||
| Accrued Income Taxes Current | 1 | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Accrued Liabilities Current | 56 | 50 | 47 | 22 | 21 | 17 | 16 | 14 | 15 | 16 | 12 | 12 | ||||||
| Operating Lease Liability Current | 4 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Liabilities Current | 111 | 96 | 168 | 46 | 49 | 48 | 47 | 45 | 47 | 47 | 45 | 51 | ||||||
| Long Term Line Of Credit | 237 | - | - | - | - | - | - | - | - | 99 | 83 | 84 | ||||||
| Deferred Income Tax Liabilities Net | 9 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | ||||||
| Operating Lease Liability Noncurrent | 15 | 12 | 13 | 11 | 11 | 12 | 12 | 13 | 12 | 11 | 11 | 11 | ||||||
| Other Liabilities Noncurrent | 2 | 2 | 2 | 0 | 1 | 1 | 3 | 2 | 1 | 0 | 0 | 0 | ||||||
| Liabilities | 386 | 318 | 376 | 177 | 185 | 168 | 174 | 181 | 163 | 158 | 142 | 149 | ||||||
| Redeemable Noncontrolling Interest Equity Carrying Amount | 16 | 10 | 8 | 8 | 8 | 7 | 7 | 7 | 7 | 13 | 13 | 12 | ||||||
Stockholders Equity | ||||||||||||||||||
| Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Treasury Stock Common Value | -7 | -6 | -6 | -6 | -6 | -6 | -6 | -5 | -5 | -5 | -4 | -4 | ||||||
| Additional Paid In Capital | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Retained Earnings Accumulated Deficit | 64 | 80 | 2 | 5 | 0 | 2 | 9 | 10 | 8 | 8 | 9 | 12 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | 5 | 4 | 1 | -0 | -0 | -1 | -0 | 0 | -0 | -0 | 0 | 0 | ||||||
| Stockholders Equity | 65 | 81 | -2 | -1 | -5 | -3 | 5 | 9 | 5 | 6 | 7 | 10 | ||||||
| Minority Interest | 2 | 1 | -1 | -1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | ||||||
| Liabilities And Stockholders Equity | 469 | 409 | 382 | 185 | 190 | 174 | 188 | 197 | 175 | 177 | 163 | 172 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | ||||||
| Finance Lease Right Of Use Asset Accumulated Amortization | - | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 | 0 | - | - | ||||||
| Accumulated Depreciation Depletion And Amortization Property Plant And Equipment | 27 | 19 | 11 | 10 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 7 | ||||||
| Finite Lived Intangible Assets Accumulated Amortization | 9 | 8 | 8 | 7 | 7 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | ||||||
| Long Term Debt Fair Value | - | - | 24 | - | - | - | - | - | - | - | - | - | ||||||
| Preferred Stock Par Or Stated Value Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||
| Preferred Stock Shares Authorized | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | ||||||
| Common Stock Shares Authorized | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||||||
| Common Stock Shares Issued | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Shares Outstanding | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Treasury Stock Common Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialAIR T INC (AIRT) — SEC Financial Statements & Analysis
AIR T INC (AIRT) is a air courier services company, incorporated in DE. AIR T INC trades on Nasdaq as: AIRT, AIRTP. AIR T INC (AIRT)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14. Based on that filing, AIR T INC carries a market cap of $71.44M, a P/E ratio of 1.12x, a P/B ratio of 1.10x, a P/S ratio of 0.19x, an enterprise value of $49.79M, and an EV/EBITDA multiple of -12.67x. On profitability, it posts a gross margin of 59.82%, an operating margin of -6.69%, a net margin of 17.20%, a Return on Equity (ROE) of 211.07%, a Return on Assets (ROA) of 19.40%, and a Return on Invested Capital (ROIC) of -127.14%. Per share, it reports EPS of $23.71, diluted EPS of $23.71, free cash flow per share of $-23.87, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 25.44% year-over-year, net income growth of -1002.98% year-over-year, and EPS growth of -1005.33% year-over-year. On the balance sheet, it maintains a current ratio of 1.43x, a quick ratio of 0.55x, working capital of $47.43M, a debt-to-equity ratio of 5.92x, a debt ratio of 0.82, an interest coverage ratio of -1.62x, free cash flow of $-64.35M (TTM), and net debt of $-21.65M. Figures sourced from SEC EDGAR.
- Market Cap
- $71.44M
- P/E TTM
- 1.12x
- EPS TTM
- $23.71
- P/B TTM
- 1.10x
- ROE TTM
- 211.07%
- ROA TTM
- 19.40%
- Debt To Equity
- 5.92x
- Free Cash Flow TTM
- $-64.35M
- Net Revenue TTM Growth 1Y
- 25.44%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is AIR T INC in?
AIR T INC (AIRT) operates in the Air Courier Services industry.
What exchange does AIRT trade on?
AIR T INC (AIRT) trades on the Nasdaq.
Where is AIR T INC incorporated?
AIR T INC is incorporated in DE.
When was AIR T INC (AIRT)'s most recent SEC filing?
AIR T INC (AIRT)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14.
What is AIRT's market cap?
AIR T INC (AIRT) has a market capitalization of $71.44M as of 2026-06-30.
What is AIRT's P/E ratio?
AIR T INC (AIRT)'s trailing twelve month P/E ratio is 1.12x as of 2026-06-30.
What is AIRT's EPS (earnings per share)?
AIR T INC (AIRT)'s trailing twelve month EPS is $23.71 as of 2026-06-30.
What is AIRT's ROE (return on equity)?
AIR T INC (AIRT)'s trailing twelve month Return on Equity (ROE) is 211.07% as of 2026-06-30.
What is AIRT's ROA (return on assets)?
AIR T INC (AIRT)'s trailing twelve month Return on Assets (ROA) is 19.40% as of 2026-06-30.
What is AIRT's ROIC (return on invested capital)?
AIR T INC (AIRT)'s trailing twelve month Return on Invested Capital (ROIC) is -127.14% as of 2026-06-30.
What is AIRT's EV/EBITDA?
AIR T INC (AIRT)'s trailing twelve month EV/EBITDA is -12.67x as of 2026-06-30.

