Stocktoria
AIR T INC AIRT
AIR T INC financials (annual)
Bars are annual figures from 2017 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $327.1M | $291.9M | $286.8M | $247.3M | $177.1M | $175.1M | $236.8M | $215.5M | $194.5M | $148.5M |
| R&D expense | — | — | — | — | — | — | — | — | $195,653 | $1.0M |
| Operating income | -$11.2M | $1.9M | $1.3M | -$4.4M | $8.8M | -$9.2M | $7.3M | $9.3M | $4.2M | -$3.1M |
| Interest expense | $12.0M | $8.4M | $6.9M | $7.9M | $4.9M | $4.6M | $4.7M | $3.4M | $1.7M | — |
| Income tax | $1.4M | $423,000 | $729,000 | $432,000 | $1.2M | -$3.4M | -$544,000 | $1.8M | $195,000 | $725,000 |
| Net income | $78.0M | -$6.1M | -$6.8M | -$12.3M | $10.9M | -$7.3M | $7.7M | $1.3M | $2.3M | -$3.2M |
| EPS (diluted) | $28.85 | $-2.23 | $-2.42 | $-4.32 | $3.78 | $-2.53 | $2.73 | $0.44 | $0.74 | $-1.51 |
| Operating cash flow | -$25.0M | $23.5M | $17.2M | $16.9M | -$33.1M | -$1.8M | -$26.2M | $22.4M | -$277,837 | -$7.6M |
| Free cash flow | -$41.5M | $22.4M | $16.1M | $15.7M | -$34.6M | -$5.7M | -$28.7M | $21.2M | -$2.4M | -$9.9M |
| Cash & equivalents | $20.3M | $5.9M | $7.1M | $5.8M | $5.6M | $11.0M | $6.0M | $12.4M | $4.8M | $2.8M |
| Inventory | $77.1M | $38.5M | $60.7M | $71.1M | $75.2M | $72.0M | $60.6M | $27.5M | $34.2M | $19.8M |
| Total assets | $409.1M | $173.8M | $177.2M | $189.6M | $207.6M | $140.8M | $151.4M | $115.1M | $97.1M | $65.3M |
| Total liabilities | $317.9M | $168.2M | $158.4M | $163.9M | $171.1M | $119.4M | $120.3M | $86.3M | $70.9M | $41.7M |
| Shareholders' equity | $80.9M | -$3.2M | $5.8M | $13.0M | $25.7M | $14.7M | $25.0M | $24.4M | $25.1M | $23.0M |
Growth · year-over-year · Revenue CAGR 9.2%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +12.1% | +1.7% | +16.0% | +39.7% | +1.1% | -26.0% | +9.9% | +10.8% | +31.0% | +0.2% |
| Net income growth | — | — | — | -212.5% | — | -195.0% | +471.3% | -41.2% | — | -172.8% |
| EPS growth | — | — | — | -214.3% | — | -192.7% | +520.5% | -40.5% | — | -182.1% |
| Free cash flow growth | -285.3% | +39.2% | +2.4% | — | — | — | -235.3% | — | — | -603.0% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.