Company research
AIR T INC
CIK 353184Updated Sep 24, 2026
SecuritiesAIRT · NASDAQ · equityAIRTP · NASDAQ · etf
Historical securities (1)
AIRTW · NASDAQ · warrant · closed Aug 31, 2021Name history
AIR TRANSPORTATION HOLDING CO INC · through Feb 12, 1999
AIRT price & chart
Loading TradingView…
NASDAQ:AIRT on TradingView ↗In the news
No coverage from other publishers is available.
Recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Items 1.01, 2.03, 9.01
Submission of Matters to a Vote of Security Holders
Items 5.07
Financial Statements and Exhibits
Items 9.01
Financial Statements and Exhibits
Items 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
Show 5 more recent filings
Financials
FY 2026 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 409,123,000Source | 173,778,000Source | 177,167,000Source | 189,562,000Source |
| Property, Plant and Equipment, NetUSD | 162,024,000Source | 20,285,000Source | 20,861,000Source | 21,439,000Source |
| GoodwillUSD | 11,818,000Source | 10,542,000Source | 10,540,000Source | 10,563,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 13,029,000Source | 10,020,000Source | 10,978,000Source | 12,103,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 20,332,000Source | 5,932,000Source | 7,100,000Source | 5,806,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 39,889,000Source | 23,917,000Source | 22,911,000Source | 27,218,000Source |
| Inventory, NetUSD | 77,127,000Source | 38,516,000Source | 60,720,000Source | 71,125,000Source |
| Assets, CurrentUSD | 159,976,000Source | 78,507,000Source | 102,877,000Source | 116,557,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | — | — | 4,567,000Source | 7,487,000Source |
| Operating Lease, Right-of-Use AssetUSD | 14,594,000Source | 13,274,000Source | 11,376,000Source | 11,666,000Source |
| Other Assets, NoncurrentUSD | 7,568,000Source | 1,635,000Source | 3,630,000Source | 3,921,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 317,902,000Source | 168,242,000Source | 158,371,000Source | 163,870,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 758,000Source | 758,000Source | 758,000Source | 757,000Source |
| Additional Paid in CapitalUSD | 1,122,000Source | 947,000Source | 859,000Source | 728,000Source |
| Retained Earnings (Accumulated Deficit)USD | 80,113,000Source | 2,130,000Source | 8,192,000Source | 13,686,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 4,249,000Source | -647,000Source | -80,000Source | 816,000Source |
| Stockholders' Equity Attributable to ParentUSD | 79,810,000Source | -3,216,000Source | 4,770,000Source | 11,904,000Source |
| Liabilities and EquityUSD | 409,123,000Source | 173,778,000Source | 177,167,000Source | 189,562,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 95,524,000Source | 47,661,000Source | 46,841,000Source | 64,286,000Source |
| Operating Lease, Liability, CurrentUSD | 3,403,000Source | 2,377,000Source | 1,761,000Source | 1,664,000Source |
| Accounts Payable, CurrentUSD | 36,971,000Source | 17,782,000Source | 15,072,000Source | 10,449,000Source |
| Operating Lease, Liability, NoncurrentUSD | 12,189,000Source | 11,843,000Source | 10,515,000Source | 10,771,000Source |
| Deferred Income Tax Liabilities, NetUSD | 3,359,000Source | 2,249,000Source | 2,447,000Source | 2,417,000Source |
| Other Liabilities, NoncurrentUSD | 2,023,000Source | 866,000Source | 0Source | 47,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,065,000Source | 1,698,000Source | 1,050,000Source | 1,078,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 49,717,000Source | 16,691,000Source | 15,511,000Source | 13,133,000Source |
| Deferred Tax Liabilities, NetUSD | 1,498,000Source | 2,147,000Source | 2,447,000Source | 2,417,000Source |
| Long-term DebtUSD | 208,196,000Source | 110,325,000Source | 112,926,000Source | 125,085,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | 10,346,000Source | 7,054,000Source | 12,976,000Source | 12,710,000Source |
cash flow · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 84,651,000Source | -5,411,000Source | -4,684,000Source | -11,785,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 12,340,000Source | 4,356,000Source | 2,798,000Source | 4,162,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 3,347,000Source | 1,808,000Source | -4,047,000Source | 6,290,000Source |
| Increase (Decrease) in InventoriesUSD | 24,091,000Source | -20,630,000Source | -9,103,000Source | -10,163,000Source |
| Increase (Decrease) in Accounts PayableUSD | 16,341,000Source | 2,710,000Source | 4,623,000Source | 992,000Source |
| Deferred Income Tax Expense (Benefit)USD | -648,000Source | -300,000Source | 30,000Source | -609,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -25,044,000Source | 23,496,000Source | 17,178,000Source | 16,909,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 6,710,000Source | — | 0Source | 2,498,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -21,803,000Source | -20,189,000Source | -2,499,000Source | -6,168,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 495,000Source | -237,000Source | -18,000Source | -572,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 16,483,000Source | 1,081,000Source | 1,076,000Source | 1,178,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 28,000Source | 1,445,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 65,399,000Source | -4,801,000Source | -13,910,000Source | -12,380,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -714,000Source | 758,000Source | -1,492,000Source | -1,528,000Source |
| Repayments of Long-term DebtUSD | — | 35,040,000Source | 28,341,000Source | 27,850,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 18,513,000Source | -1,086,000Source | 753,000Source | -1,278,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 25,270,000Source | 6,757,000Source | 7,843,000Source | 7,090,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 8,500,000Source | 8,437,000Source | 3,891,000Source | 5,867,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -39,000Source | 408,000Source | -16,000Source | 361,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 268,000Source | 323,000Source | 324,000Source | 331,000Source |
| DepreciationUSD | 10,200,000Source | — | — | — |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | -2,100,000Source | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | -473,000Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | -18,000Source | -8,000Source |
| Gain (Loss) on Sale of DerivativesUSD | 2,000Source | 167,000Source | — | — |
| Gain (Loss) on Sale of PropertiesUSD | — | — | -18,000Source | -8,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 0Source |
| General and Administrative ExpenseUSD | 80,840,000Source | 57,848,000Source | 51,096,000Source | 45,384,000Source |
| GoodwillUSD | 11,818,000Source | 10,542,000Source | 10,540,000Source | 10,563,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -1,740,000Source | 1,700,000Source | 1,689,000Source | 1,460,000Source |
| Income Tax Expense (Benefit)USD | 1,369,000Source | 423,000Source | 729,000Source | 432,000Source |
| InterestExpenseNonoperatingUSD | 12,040,000Source | 8,387,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 77,983,000Source | -6,140,000Source | -6,819,000Source | -12,295,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 6,668,000Source | 729,000Source | 2,135,000Source | 510,000Source |
| Nonoperating Income (Expense)USD | 97,217,000Source | -6,896,000Source | -5,219,000Source | -6,946,000Source |
| Operating ExpensesUSD | 345,321,000Source | — | 285,570,000Source | 251,730,000Source |
| Other Nonoperating Income (Expense)USD | -193,000Source | -209,000Source | 8,000Source | -471,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 76,320,000Source | 24,877,000Source | 24,850,000Source | 10,627,000Source |
| Restructuring Costs and Asset Impairment ChargesUSD | — | — | 1,195,000Source | 7,840,000Source |
income statement · annual statements
| Line item | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total RevenueUSD | 327,090,000Source | 291,850,000Source | 286,834,000Source | — |
| Operating Income (Loss)USD | -11,197,000Source | 1,908,000Source | 1,264,000Source | -4,407,000Source |
| Other Nonoperating Income (Expense)USD | -193,000Source | -209,000Source | 8,000Source | -471,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 86,020,000Source | -4,988,000Source | -3,955,000Source | -11,353,000Source |
| Income Tax Expense (Benefit)USD | 1,369,000Source | 423,000Source | 729,000Source | 432,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 6,668,000Source | 729,000Source | 2,135,000Source | 510,000Source |
| Net Income (Loss) Attributable to ParentUSD | 77,983,000Source | -6,140,000Source | -6,819,000Source | -12,295,000Source |
| Earnings Per Share, BasicUSD per share | 28.85Source | -2.23Source | -2.42Source | -4.32Source |
| Earnings Per Share, DilutedUSD per share | 28.85Source | -2.23Source | -2.42Source | -4.32Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,703,000Source | 2,750,000Source | 2,816,000Source | 2,847,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,703,000Source | 2,750,000Source | 2,816,000Source | 2,847,000Source |
| Interest Expense (non-operating)USD | 12,040,000Source | 8,387,000Source | — | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | — | 289,942,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 2,017,000Source | 723,000Source | 699,000Source | 1,041,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 12,340,000Source | 4,356,000Source | 2,798,000Source | 4,162,000Source |
| General and Administrative ExpenseUSD | 80,840,000Source | 57,848,000Source | 51,096,000Source | 45,384,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 100,752,000Source | -4,791,000Source | -3,468,000Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | -1,740,000Source | 1,700,000Source | 1,689,000Source | 1,460,000Source |
| Interest ExpenseUSD | 12,040,000Source | 8,387,000Source | 6,916,000Source | 7,935,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | 12,040,000Source | 8,387,000Source | — | — |
| Interest Income, OtherUSD | 748,000Source | 375,000Source | 92,000Source | 328,000Source |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling InterestUSD | — | — | 1,000,000Source | -1,000,000Source |
| Nonoperating Income (Expense)USD | 97,217,000Source | -6,896,000Source | -5,219,000Source | -6,946,000Source |
| Operating ExpensesUSD | 345,321,000Source | — | 285,570,000Source | 251,730,000Source |
| Other ExpensesUSD | 4,501,000Source | — | — | — |