Stocks Consumer discretionary AIRT
NASDAQ · Consumer discretionaryAir T Inc (AIRT)
Air T Inc brought in $371.7M of revenue over the twelve months to June 30, 2026, up 25.4% from a year earlier. Net income was $63.8M, a net margin of 17.2%. In fiscal 2026 capital spending exceeded operating cash flow by $41.5M. At June 30, 2026 it held $16.7M in cash against $246.3M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 14, 2026.
Key facts about Air T Inc
- Net worth
- Air T Inc has a market value (market cap) of $78M at the latest share price, and shareholders' equity of $65.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2026 revenue was $327.1M (+12.1% year on year), with net income of $78M. Over the 12 months to June 30, 2026: revenue $371.7M, net income $63.8M.
- Cash flow
- In fiscal 2026 operations used $25M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 14, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Air T Inc's next report is expected around November 11, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Air T Inc declared dividends of $0.30 per share in fiscal 2014.
What Air T Inc does
Air T Inc is registered with the SEC under industry code SIC 4513 (Air Courier Services). Its shares trade on NASDAQ under the ticker AIRT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2026 | $327.1M | $78M | $28.85 | -$41.5M |
| 2025 | $291.9M | -$6.1M | -$2.23 | $22.4M |
| 2024 | $286.8M | -$6.8M | -$2.42 | $16.1M |
| 2023 | $247.3M | -$12.3M | -$4.32 | $15.7M |
| 2022 | $177.1M | $10.9M | $3.78 | -$34.6M |
| 2020 | $175.1M | -$7.3M | -$2.53 | -$5.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where AIRT ranks in Consumer discretionary
Dividends
Air T Inc declared $0.30 per share in fiscal 2014. It paid out $733.9K in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2014 | $0.30 | $733.9K | n/a |
| 2012 | $0.25 | $611.6K | n/a |
| 2011 | $0.25 | $611.6K | n/a |
| 2011 | $0.33 | $802.3K | n/a |
Latest SEC filings
What Air T Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 4, 2026
- August 28, 2026
- August 28, 2026Exhibits 8-K/A
- August 26, 2026Exhibits 8-K/A
- August 14, 2026
- August 14, 2026
- August 14, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 63% to $115.5M versus the same quarter last year; diluted EPS -$5.86 versus -$0.61.
- July 17, 2026Activist stake changed SCHEDULE 13D/A
- July 10, 2026
- July 10, 2026Additional proxy material DEFA14A
Insider trades
What the people running Air T Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns AIRT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Swenson Nicholas John13D, may seek influence with 5 related filers | 48.3% | July 17, 2026 |
| Air T Inc13D, may seek influence with 4 related filers | 33.7% | April 6, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 14 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Renaissance Technologies LLC | 103,411 | -3,000 |
| Vanguard Capital Management LLC | 42,419 | 0 |
| Morgan Stanley | 31,206 | -2,000 |
| Geode Capital Management, LLC | 11,262 | new |
| Vanguard Fiduciary Trust Co | 4,833 | 0 |
| BlackRock, Inc. | 4,583 | +1,005 |
| Royal Bank of Canada | 2,600 | new |
| UBS Group AG | 1,500 | -594 |
| Tower Research Capital LLC (TRC) | 655 | +472 |
| Vanguard Global Advisers, LLC | 600 | 0 |
| Fifth Third Bancorp | 100 | 0 |
| Osaic Holdings, Inc. | 95 | new |
| Wells Fargo & Company | 1 | 0 |
| Bessemer Group Inc | 120 | 0 |
Insiders
Questions about AIRT
What does Air T Inc do?
Air T Inc is a company in the Consumer discretionary sector, listed on NASDAQ as AIRT. Its shares trade on NASDAQ under the ticker AIRT.
What is Air T Inc's net worth?
Air T Inc has a market value (market cap) of $78M at the latest share price, and shareholders' equity of $65.2M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Air T Inc profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $63.8M on revenue of $371.7M, a net margin of 17.2%.
How much revenue does Air T Inc make?
Over the twelve months to June 30, 2026 Air T Inc reported revenue of $371.7M. That is 25.4% more than a year earlier.
When did Air T Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 14, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from September 4, 2026.
When is Air T Inc's next earnings report?
Air T Inc's next report is expected around November 11, 2026. That is an estimate from its filing rhythm, not a date the company has announced.
Does Air T Inc pay a dividend?
Yes. Air T Inc declared dividends of $0.30 per share in fiscal 2014.
Similar companies
Compare AIRT with
Follow AIRT
Get an email when Air T Inc files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Air T Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.