AIR T INC Income Statement
AIRT|13 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
AIR T INC reported $287M in revenue and $7M in net loss for FY2025. Revenue has grown at a 9.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $286.8M | $247.3M | $37.0M | $175.1M | $236.8M | $215.5M | $148.5M | $148.2M | $21.8M | $100.8M | $103.1M | $89.4M | $83.4M |
| SG&A Expense | $51.1M | $42.8M | $29.8M | $34.3M | $39.8M | $33.6M | $22.2M | $18.1M | $14.2M | $12.8M | $11.3M | $11.3M | $10.6M |
| R&D Expense | - | - | - | - | - | $195.7K | $1.0M | $777.9K | $0 | - | - | - | - |
| Operating Income | $1.3M | -$4.4M | $8.8M | -$9.2M | $7.3M | $9.3M | -$3.1M | $6.0M | $99.0K | $2.6M | $2.7M | $2.1M | $3.4M |
| Interest Expense | $6.9M | $7.9M | $4.9M | $4.6M | $4.7M | $3.4M | - | - | $80.7K | - | - | - | $1.4K |
| Income Tax | $729.0K | $432.0K | $1.2M | -$3.4M | -$544.0K | $1.8M | $725.0K | $2.4M | $931.0K | $1.2M | $1.1M | $746.0K | $1.4M |
| Net Income | -$6.8M | -$12.3M | $289.0K | -$7.3M | $7.7M | $1.3M | -$3.2M | $4.4M | $73.0K | $1.5M | $1.7M | $1.4M | $2.1M |
| EPS (Basic) | -$2.42 | -$4.32 | $0.10 | -$2.53 | $2.74 | $0.44 | -$1.51 | $1.86 | $0.03 | $0.61 | $0.68 | $0.55 | $0.88 |
| EPS (Diluted) | -$2.42 | -$4.32 | $3.78 | -$2.53 | $2.73 | $0.44 | -$1.51 | $1.84 | $0.03 | $0.60 | $0.68 | $0.55 | $0.87 |
| Shares Outstanding | 2.8M | 2.8M | 2.9M | 2.9M | 2.9M | 2.0M | 2.0M | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M | 2.4M |
| Operating Margin | 0.4% | -1.8% | 23.7% | -5.2% | 3.1% | 4.3% | -2.1% | 4.1% | 0.4% | 2.6% | 2.6% | 2.3% | 4.1% |
| Profit Margin | -2.4% | -5.0% | 0.8% | -4.2% | 3.2% | 0.6% | -2.2% | 3.0% | 0.3% | 1.5% | 1.6% | 1.5% | 2.6% |