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Air T Inc (AIRT) Annual Income Statement

Annual · GAAP · USD millions
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From Air T Inc through Mar 31 2022, changes in Mar 31 2026's revenue and cost structure provide insight into profitability trends.
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Annual Report, GAAP in USD millions
ITEM 		(Mar 31 2026)
2026 		(Mar 31 2025) (Mar 31 2024) (Mar 31 2023) (Mar 31 2022)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax327.09
Total Revenue327.09
Costs & Expenses
Cost of Goods and Services Sold0.00
Gross Profit0.00
Selling, Administration, Marketing80.84
Depreciation & Amortization24.41
Impairment of Long-Lived Assets Held-for-use0.00
Other Operating Expense / -Income0.00
Total operating costs including COS345.32
Operating income / -loss-11.20
Interest Expense0.00
Interest Expense, Other0.23
Interest Income0.75
Net Interest (-)Expense / Income-23.01
Loss (Income) from Equity Method Investments-1.74
Unexpected (Gain) Loss111.19
Other loss / -income0.00
Total costs & expenses0.00
Income & Taxes
Income / -loss before income taxes86.02
Income taxes expenses / -benefit1.37
Income after income taxes84.65
Net income / -loss of other equity0.00
Income / -loss from continuing operations84.65
Non-controlling interests6.67
Net income / -loss84.65
Income / -loss to shareholder77.98
EBIT109.03
EBITD126.90
EBITDA129.67
Earnings Per Share
Basic EPS (excl. extra items)28.85
Basic Net EPS28.85
Basic shares outstanding (Mill. of Units)2.70
Diluted Net EPS28.85
Diluted average shares (Mill. of Units)2.70
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About Air T Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: June 29, 2026
  • Original filing: airt-20260331.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.