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Air T (AIRT)
NASDAQ:AIRT
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Air T (AIRT) Income Statement

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Air T Income Statement

Last quarter (Q2 2025), Air T's total revenue was $81.24M, an increase of 2.88% from the same quarter last year. In Q2, Air T's net income was $2.52M. See Air T’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Mar 24Mar 23Mar 22Mar 21Mar 20
Total Revenue
$ 284.09M$ 286.83M$ 247.32M$ 177.08M$ 175.12M$ 236.78M
Cost of Revenue
$ 107.49M$ 230.35M$ 2.40M$ 137.69M$ 143.45M$ -67.39M
Gross Profit
$ 176.60M$ 56.48M$ 244.92M$ 39.38M$ 31.67M$ 231.10M
Operating Expense
$ 56.91M$ 53.89M$ 47.01M$ 29.82M$ 37.37M$ -229.49M
Operating Income
$ 3.17M$ 1.26M$ -4.41M$ 8.76M$ -9.18M$ 191.32M
Net Non Operating Interest Income Expense
$ -3.25M$ -6.92M$ -7.93M$ -4.95M$ -4.62M$ -4.69M
Other Income Expense
$ -4.56M$ -1.68M$ -981.00K$ 8.78M$ 4.38M$ -2.37M
Pretax Income
$ 384.00K$ -3.96M$ -11.35M$ 13.40M$ -11.78M$ 2.62M
Tax Provision
$ 438.00K$ 729.00K$ 432.00K$ 1.17M$ -3.39M$ -544.00K
Earnings From Equity Interest Net Of Tax
$ 4.52M$ 1.69M$ 1.46M$ 37.00K$ -723.00K$ -910.00K
Net Income Common Stockholders
$ -2.49M$ -6.82M$ 191.91M$ 10.93M$ -7.28M$ 191.71M
Basic EPS
$ -0.87$ -2.42$ -4.32$ 7.58$ -5.06$ 5.48
Diluted EPS
$ -0.87$ -2.42$ -4.32$ 7.56$ -5.06$ 5.46
Basic Average Shares
$ 11.15M$ 2.82M$ 2.85M$ 2.88M$ 2.88M$ 2.79M
Diluted Average Shares
$ 11.15M$ 2.82M$ 2.85M$ 2.89M$ 2.88M$ 2.80M
Dividend Per Share
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Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ -115.23M$ 56.09M$ 49.41M$ 167.51M$ 38.87M$ -296.88M
Interest Expense
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Net Income From Continuing And Discontinued Operation
$ -2.49M$ -6.82M$ -12.29M$ 10.93M$ -7.28M$ 191.71M
Normalized Income
$ 2.20M--$ 11.43M--
Ebit
$ 56.97M$ 2.73M$ 200.78M$ 18.20M$ -7.43M$ 2.86M
Ebitda
$ 60.09M$ 5.53M$ 204.94M$ 20.06M$ -4.32M$ 8.57M
Currency in USD

Air T Earnings and Revenue History

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