About Air T, Inc.
https://www.airt.netAir T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx.
CEO
Nicholas John Swenson
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2020-01-14 | Reverse | 1:10 |
Ratings Snapshot
Rating : D+
Price Target
About Air T, Inc.
https://www.airt.netAir T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sale, and commercial jet engines and parts, and printing equipment and maintenance services in the United States and internationally. The company's Overnight Air Cargo segment offers air express delivery services. As of March 31, 2022, this segment had 72 aircraft under the dry-lease agreements with FedEx.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q2-2026 | $64.15M ▼ | $18.1M ▲ | $4.36M ▲ | 6.79% ▲ | $1.61 ▲ | $10.31M ▲ |
| Q1-2026 | $70.87M ▲ | $15.03M ▲ | $-1.64M ▲ | -2.31% ▲ | $-0.61 ▲ | $2.79M ▲ |
| Q4-2025 | $66.31M ▼ | $12.94M ▼ | $-7.03M ▼ | -10.6% ▼ | $-2.6 ▼ | $-4.24M ▼ |
| Q3-2025 | $77.88M ▼ | $15.17M ▲ | $-1.3M ▼ | -1.67% ▼ | $-0.47 ▼ | $2.99M ▼ |
| Q2-2025 | $81.24M | $14.2M | $2.52M | 3.1% | $0.91 | $6.41M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q2-2026 | $18.64M ▲ | $184.74M ▼ | $177.43M ▼ | $69K ▲ |
| Q1-2026 | $14.95M ▲ | $190.04M ▲ | $184.75M ▲ | $-4.63M ▼ |
| Q4-2025 | $6.35M ▼ | $173.78M ▼ | $168.24M ▼ | $-3.22M ▼ |
| Q3-2025 | $18.46M ▲ | $187.62M ▼ | $173.62M ▼ | $5.11M ▼ |
| Q2-2025 | $8.61M | $197.12M | $181.04M | $7.04M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q2-2026 | $4.36M ▲ | $-5.41M ▼ | $16.66M ▲ | $-8.83M ▼ | $2.56M ▼ | $-5.62M ▼ |
| Q1-2026 | $-1.64M ▲ | $-1.09M ▼ | $-2.72M ▲ | $12.58M ▲ | $8.47M ▲ | $-1.33M ▼ |
| Q4-2025 | $-7.03M ▼ | $4.12M ▼ | $-3.39M ▼ | $-12.79M ▼ | $-12.26M ▼ | $3.97M ▼ |
| Q3-2025 | $-1.24M ▼ | $16.33M ▲ | $-2.6M ▲ | $-4.51M ▼ | $9.58M ▲ | $15.98M ▲ |
| Q2-2025 | $2.96M | $2.93M | $-16.2M | $13.79M | $479K | $-11.91M |
Revenue by Products
| Product | Q2-2025 | Q4-2025 | Q3-2025 | Q1-2026 |
|---|---|---|---|---|
 Commercial Jet Engines Inventory Segment | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ | $20.00M ▼ |
 Ground Equipment Sales | $10.00M ▲ | $10.00M ▲ | $10.00M ▲ | $20.00M ▲ |
 Overnight Air Cargo | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ | $30.00M ▲ |
Revenue by Geography
| Region | Q1-2025 | Q2-2025 | Q3-2025 | Q1-2026 |
|---|---|---|---|---|
 Commercial Jet Engines Inventory Segment | $0 ▲ | $0 ▲ | $0 ▲ | $20.00M ▲ |
| Corporate Segment and Other Operating Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
| Digital Solutions Segment | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
| Ground Equipment Sales Segment | $0 ▲ | $0 ▲ | $0 ▲ | $20.00M ▲ |
| Overnight Air Cargo Segment | $0 ▲ | $0 ▲ | $0 ▲ | $30.00M ▲ |
 NonUS | $10.00M ▲ | $20.00M ▲ | $40.00M ▲ | $0 ▼ |
 UNITED STATES | $50.00M ▲ | $120.00M ▲ | $190.00M ▲ | $0 ▼ |
CEO
Nicholas John Swenson
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2020-01-14 | Reverse | 1:10 |
Ratings Snapshot
Rating : D+