Income Statement - AIR T INC (AIRT)
$(Billion, Million)| Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 | Mar-17 | Mar-16 | Mar-15 | Mar-14 | Mar-13 | Mar-12 | Mar-11 | Mar-10 | Mar-09 | Mar-08 | Mar-07 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 291.85 | 286.83 | 247.32 | 177.08 | 175.12 | 236.79 | 249.83 | 194.52 | 148.47 | 148.21 | 112.18 | 100.77 | 103.06 | 89.38 | 83.36 | 81.08 | 90.67 | 78.40 | 67.30 | 79.53 |
| Cost of revenue | 231.66 | 234.46 | 198.50 | 137.70 | 143.45 | 189.73 | 203.37 | 160.91 | 128.32 | 123.27 | 95.41 | 85.32 | 87.87 | 75.72 | 69.07 | 64.58 | 72.32 | 62.70 | 53.23 | 66.10 |
| Gross profit | 60.19 | 52.38 | 48.83 | 39.38 | 31.67 | 47.05 | 46.46 | 33.61 | 20.15 | 24.94 | 16.77 | 15.45 | 15.19 | 13.66 | 14.29 | 16.49 | 18.35 | 15.70 | 14.07 | 13.43 |
| Total operating expenses | 58.28 | 51.11 | 53.23 | 30.63 | 40.85 | 39.76 | 38.38 | 28.80 | 23.22 | 18.92 | 14.22 | 12.84 | 12.46 | 11.59 | 10.85 | 11.06 | 11.68 | 73.35 | 63.48 | 76.37 |
| Operating income | 1.91 | 1.26 | -4.41 | 8.76 | -9.18 | 7.29 | 8.06 | 4.25 | -3.08 | 6.03 | 3.42 | 2.63 | 2.73 | 2.07 | 3.44 | 5.43 | 6.67 | 5.05 | 3.83 | 3.16 |
| Non-operating income (net) | -6.90 | -5.22 | -6.95 | 4.64 | -2.61 | -4.67 | -3.36 | -1.59 | -1.14 | 0.12 | 0.00 | 0.03 | 0.00 | 0.02 | 0.13 | 0.12 | 0.33 | 0.12 | 0.08 | -0.08 |
| Income before tax | -4.99 | -3.96 | -11.35 | 13.40 | -11.78 | 2.62 | 4.70 | 2.65 | -4.22 | 6.15 | 3.41 | 2.66 | 2.73 | 2.10 | 3.57 | 5.56 | 6.99 | 5.18 | 3.90 | 3.08 |
| Income tax expense | 0.42 | 0.73 | 0.43 | 1.17 | -3.39 | -0.54 | 1.50 | 0.20 | 0.73 | 2.40 | 0.93 | 1.19 | 1.06 | 0.75 | 1.43 | 1.80 | 2.61 | 1.77 | 1.42 | 1.03 |
| Net income | -6.14 | -6.82 | -12.30 | 10.93 | -7.28 | 7.66 | 1.34 | 2.28 | -3.21 | 4.94 | 2.48 | 1.47 | 1.67 | 1.35 | 2.14 | 3.76 | 4.38 | 3.40 | 2.49 | 2.05 |
Show Quarterly Income Statement
Income Statement - AIR T INC (AIRT)
$(Billion, Million)| Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | Dec-05 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 71.13 | 64.15 | 70.87 | 66.32 | 77.88 | 81.24 | 66.41 | 72.68 | 63.76 | 78.97 | 71.43 | 74.38 | 61.40 | 60.69 | 50.86 | 51.44 | 45.43 | 43.24 | 36.97 | 46.73 | 55.82 | 35.60 | 36.97 | 65.60 | 73.30 | 50.69 | 55.70 | 76.00 | 63.62 | 49.34 | 60.87 | 53.46 | 44.50 | 48.86 | 47.70 | 43.69 | 35.77 | 38.52 | 30.49 | 34.58 | 46.62 | 44.65 | 22.36 | 24.88 | 30.89 | 34.62 | 21.78 | 25.47 | 29.83 | 24.19 | 21.28 | 30.71 | 26.70 | 21.16 | 24.49 | 21.71 | 25.65 | 25.46 | 16.56 | 25.85 | 22.31 | 20.17 | 15.02 | 19.67 | 22.32 | 20.14 | 18.95 | 20.70 | 23.54 | 24.01 | 22.42 | 24.04 | 21.15 | 17.41 | 15.80 | 19.10 | 17.39 | 14.72 | 16.08 | 20.76 | 23.41 |
| Cost of revenue | 58.26 | 47.84 | 55.39 | 56.60 | 60.89 | 63.14 | 52.38 | 56.00 | 51.49 | 65.45 | 58.02 | 62.77 | 49.12 | 48.36 | 38.25 | 38.79 | 36.24 | 33.92 | 28.75 | 37.12 | 46.44 | 30.20 | 29.69 | 52.35 | 60.05 | 40.93 | 43.56 | 60.06 | 51.77 | 41.89 | 49.68 | 44.42 | 36.68 | 41.11 | 38.70 | 35.93 | 29.05 | 32.12 | 31.23 | 30.20 | 37.98 | 35.48 | 19.61 | 22.53 | 25.88 | 28.37 | 18.63 | 21.30 | 25.29 | 20.62 | 18.11 | 26.67 | 22.48 | 17.73 | 20.79 | 18.38 | 21.79 | 21.83 | 13.72 | 21.50 | 18.68 | 16.78 | 12.11 | 16.15 | 17.83 | 16.14 | 14.46 | 16.63 | 19.39 | 19.22 | 17.08 | 19.25 | 16.89 | 14.19 | 12.37 | 14.47 | 14.33 | 11.90 | 12.53 | 16.79 | 19.75 |
| Gross profit | 12.87 | 16.31 | 15.48 | 9.71 | 16.99 | 18.10 | 14.04 | 16.68 | 12.27 | 13.52 | 13.41 | 11.61 | 12.28 | 12.33 | 12.61 | 12.65 | 9.19 | 9.32 | 8.22 | 9.61 | 9.38 | 5.40 | 7.28 | 13.25 | 13.25 | 9.76 | 12.14 | 15.95 | 11.86 | 7.45 | 11.19 | 9.04 | 7.82 | 7.75 | 8.99 | 7.75 | 6.72 | 6.41 | -0.73 | 4.38 | 8.64 | 9.17 | 2.75 | 2.35 | 5.01 | 6.26 | 3.14 | 4.17 | 4.55 | 3.57 | 3.17 | 4.04 | 4.22 | 3.43 | 3.70 | 3.33 | 3.86 | 3.64 | 2.84 | 4.36 | 3.63 | 3.39 | 2.91 | 3.52 | 4.49 | 4.00 | 4.49 | 4.07 | 4.15 | 4.80 | 5.34 | 4.79 | 4.26 | 3.22 | 3.43 | 4.63 | 3.06 | 2.83 | 3.55 | 3.97 | 3.67 |
| Total operating expenses | 16.65 | 18.10 | 15.03 | 12.94 | 15.17 | 14.20 | 14.61 | 15.22 | 13.88 | 12.76 | 12.75 | 17.16 | 12.14 | 12.15 | 11.78 | 4.62 | 9.17 | 8.62 | 8.22 | 15.91 | 8.31 | 9.09 | 7.55 | 11.16 | 9.53 | 9.29 | 10.92 | 10.35 | 10.37 | 9.07 | 8.58 | 8.05 | 7.25 | 6.71 | 6.78 | 6.43 | 5.07 | 5.38 | 6.34 | 6.65 | 4.80 | 3.66 | 3.81 | 3.59 | 3.65 | 3.75 | 3.23 | 3.30 | 3.78 | 2.82 | 2.95 | 3.30 | 3.24 | 3.08 | 3.05 | 3.33 | 2.96 | 2.72 | 2.59 | 3.06 | 2.72 | 2.58 | 2.50 | 2.92 | 2.72 | 2.67 | 2.75 | 2.79 | 2.86 | 2.78 | 3.25 | 22.24 | 19.72 | 16.56 | 14.83 | 17.46 | 16.87 | 14.17 | 14.98 | 19.67 | 22.27 |
| Operating income | -3.78 | -1.79 | 0.45 | -3.23 | 1.82 | 3.90 | -0.58 | 1.45 | -1.61 | 0.76 | 0.66 | -5.55 | 0.14 | 0.18 | 0.83 | 8.03 | 0.03 | 0.70 | 0.00 | -6.29 | 1.07 | -3.68 | -0.27 | 2.10 | 3.72 | 0.47 | 1.21 | 5.62 | 1.46 | -1.62 | 2.60 | 1.01 | 0.55 | 0.48 | 2.21 | 1.32 | 1.64 | 1.02 | -7.07 | -2.31 | 3.89 | 5.50 | -1.05 | -1.42 | 2.14 | 2.60 | 0.10 | 0.86 | 0.80 | 0.75 | 0.22 | 0.74 | 0.99 | 0.35 | 0.65 | 0.00 | 0.90 | 0.92 | 0.25 | 1.30 | 0.91 | 0.82 | 0.41 | 0.60 | 1.77 | 1.33 | 1.74 | 1.28 | 1.29 | 2.02 | 2.08 | 1.81 | 1.43 | 0.85 | 0.97 | 1.64 | 0.53 | 0.55 | 1.10 | 1.10 | 1.15 |
| Non-operating income (net) | 1.90 | 9.02 | -1.25 | -4.26 | -2.71 | -0.60 | 0.68 | -2.52 | -0.35 | -1.88 | -0.47 | -3.23 | -0.18 | -2.09 | -1.44 | -1.53 | -1.50 | 7.34 | 0.33 | -0.77 | 0.38 | -1.22 | -0.99 | -1.87 | -2.52 | -2.88 | 2.62 | -0.62 | -3.61 | -0.20 | 1.07 | 0.06 | -1.33 | 0.28 | -0.61 | -0.45 | 0.17 | 0.43 | -1.29 | 0.10 | 0.06 | -0.01 | -0.02 | 0.00 | 0.00 | -0.01 | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.06 | 0.06 | 0.02 | 0.02 | 0.02 | -0.02 | 0.32 | 0.02 | 0.00 | 0.12 | 0.01 | -0.01 | 0.01 | 0.03 | -0.03 | 0.03 | 0.05 | -0.03 | -0.04 |
| Income before tax | -1.88 | 7.23 | -0.81 | -7.49 | -0.90 | 3.30 | 0.10 | -1.06 | -1.96 | -1.12 | 0.18 | -8.79 | -0.05 | -1.91 | -0.61 | 6.50 | -1.47 | 8.04 | 0.32 | -7.07 | 1.45 | -4.90 | -1.26 | 0.23 | 1.20 | -2.42 | 3.83 | 5.00 | -2.14 | -1.82 | 3.67 | 1.06 | -0.77 | 0.76 | 1.60 | 0.87 | 1.81 | 1.45 | -8.36 | -2.22 | 3.95 | 5.49 | -1.07 | -1.42 | 2.14 | 2.58 | 0.11 | 0.88 | 0.79 | 0.76 | 0.23 | 0.73 | 0.99 | 0.35 | 0.65 | 0.00 | 0.91 | 0.93 | 0.26 | 1.31 | 0.94 | 0.85 | 0.47 | 0.66 | 1.79 | 1.35 | 1.76 | 1.26 | 1.61 | 2.04 | 2.09 | 1.92 | 1.44 | 0.83 | 0.97 | 1.67 | 0.49 | 0.58 | 1.16 | 1.06 | 1.11 |
| Income tax expense | 0.12 | 2.20 | -0.14 | -0.33 | 0.35 | 0.34 | 0.07 | -0.12 | 0.15 | 0.49 | 0.21 | 0.97 | -0.16 | -0.57 | 0.19 | 1.42 | -0.28 | 0.04 | -0.01 | -1.22 | -0.32 | -1.55 | -0.30 | -0.49 | 0.62 | -0.30 | -0.32 | 1.33 | 0.17 | -0.39 | 0.39 | -0.40 | -0.06 | 0.28 | 0.37 | 0.57 | 0.15 | 0.38 | -0.37 | -0.47 | 1.50 | 1.70 | -0.33 | -0.56 | 0.69 | 0.77 | 0.04 | 0.46 | 0.34 | 0.30 | 0.09 | 0.34 | 0.36 | 0.13 | 0.24 | -0.01 | 0.33 | 0.34 | 0.10 | 0.62 | 0.34 | 0.31 | 0.17 | 0.11 | 0.54 | 0.51 | 0.64 | 0.52 | 0.64 | 0.71 | 0.75 | 0.61 | 0.52 | 0.30 | 0.35 | 0.59 | 0.19 | 0.21 | 0.43 | 0.23 | 0.43 |
| Net income | -2.45 | 4.36 | -1.64 | -7.03 | -1.30 | 2.52 | -0.34 | -1.70 | -2.98 | -1.61 | -0.53 | -9.04 | -0.59 | -1.23 | -1.43 | 4.35 | -1.26 | 7.56 | 0.29 | -5.62 | 2.10 | -2.92 | -0.84 | 0.55 | -0.43 | 5.72 | 1.78 | 2.55 | -2.71 | -1.32 | 2.83 | 1.56 | -0.67 | 0.42 | 0.97 | -1.46 | 0.86 | 1.07 | -3.68 | -1.09 | 2.97 | 3.79 | -0.74 | -0.86 | 1.45 | 1.82 | 0.07 | 0.42 | 0.45 | 0.46 | 0.14 | 0.39 | 0.63 | 0.23 | 0.42 | 0.01 | 0.58 | 0.59 | 0.17 | 0.69 | 0.60 | 0.55 | 0.30 | 0.54 | 1.25 | 0.85 | 1.12 | 0.74 | 0.97 | 1.32 | 1.34 | 1.32 | 0.92 | 0.54 | 0.63 | 1.08 | 0.30 | 0.37 | 0.73 | 0.84 | 0.68 |