Air T, Inc. Air T Funding Alpha Income Trust Preferred Securities financials
$18.80−0.22%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q1 '27 Jun 30 | Q4 '26 Mar 31 | Q3 '26 Dec 31 | Q2 '26 Sep 30 | Q1 '26 Jun 30 | Q4 '25 Mar 31 | Q3 '25 Dec 31 | Q2 '25 Sep 30 | Q1 '25 Jun 30 | Q4 '24 Mar 31 | Q3 '24 Dec 31 | Q2 '24 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $115.5M | $120.9M | $71.1M | $64.2M | $70.9M | $66.3M | $77.9M | $81.2M | $66.4M | $72.7M | $63.8M | $79.0M |
| Gross profit | $26.7M | $25.9M | $14.5M | $17.1M | $17.6M | $13.8M | $17.3M | $19.1M | $14.8M | $15.4M | $12.4M | $14.2M |
| Gross margin | 23.1% | 21.4% | 20.3% | 26.7% | 24.8% | 20.7% | 22.2% | 23.4% | 22.3% | 21.2% | 19.4% | 18.0% |
| Operating income | -$12.8M | -$13.8M | -$3.8M | -$1.5M | $848.0K | -$2.6M | $1.4M | $3.6M | -$577.0K | $1.5M | -$1.6M | $761.0K |
| Net income | -$15.8M | $77.7M | -$2.5M | $4.4M | -$1.6M | -$7.0M | -$1.3M | $2.5M | -$335.0K | -$1.7M | -$3.0M | -$1.6M |
| Net margin | −13.7% | 64.3% | −3.4% | 6.8% | −2.3% | −10.6% | −1.7% | 3.1% | −0.5% | −2.3% | −4.7% | −2.0% |
| Diluted EPS | $-5.86 | $28.75 | $-0.91 | $1.61 | $-0.61 | $-2.58 | $-0.47 | $0.91 | $-0.12 | $-0.61 | $-1.06 | $-0.57 |
| EBITDA | -$2.9M | -$5.1M | -$2.2M | -$699.0K | $2.1M | -$1.5M | $3.1M | $4.6M | $183.0K | $2.2M | -$909.0K | $1.5M |
| Operating cash flow | -$2.8M | -$44.0K | -$18.5M | -$5.4M | -$1.1M | $4.1M | $16.3M | $2.9M | $113.0K | -$6.0M | $7.2M | $12.4M |
| Free cash flow | -$24.2M | -$15.3M | -$19.3M | -$5.6M | -$1.3M | $4.0M | $16.0M | -$11.9M | -$226.0K | -$6.4M | $7.1M | $12.3M |
| Diluted shares | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.7M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M | 2.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $16.7M | $20.3M | $37.4M | $17.5M | $14.5M | $5.9M |
| Short-term investments | $1.2M | $1.0M | $595.0K | $1.1M | $485.0K | $422.0K |
| Total debt | $246.3M | $208.2M | $194.2M | $118.4M | $123.8M | $110.3M |
| Total assets | $469.1M | $409.1M | $381.8M | $184.7M | $190.0M | $173.8M |
| Total liabilities | $385.9M | $317.9M | $375.9M | $177.4M | $184.7M | $168.2M |
| Shareholders' equity | $83.2M | $91.2M | -$2.1M | -$913.0K | -$2.9M | -$1.5M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology