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
| Fiscal year | FY26 Mar 31 | FY25 Mar 31 | FY24 Mar 31 | FY23 Mar 31 | FY22 Mar 31 | FY21 Mar 31 | FY20 Mar 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $327.1M | $291.9M | $286.8M | $247.3M | $177.1M | $175.1M | $236.8M |
| Gross profit | $74.3M | $64.5M | $55.2M | $50.4M | $41.2M | $34.8M | $52.7M |
| Gross margin | 22.7% | 22.1% | 19.2% | 20.4% | 23.3% | 19.9% | 22.3% |
| Operating income | -$18.2M | $1.9M | $1.3M | -$4.4M | $8.8M | -$9.2M | $7.3M |
| Net income | $78.0M | -$6.1M | -$6.8M | -$12.3M | $10.9M | -$7.3M | $7.7M |
| Net margin | 23.8% | −2.1% | −2.4% | −5.0% | 6.2% | −4.2% | 3.2% |
| Diluted EPS | $28.85 | $-2.23 | $-2.42 | $-4.32 | $3.78 | $-2.53 | $2.73 |
| EBITDA | -$6.6M | $6.7M | $4.1M | $279.0K | $11.4M | $514.0K | $13.0M |
| Operating cash flow | -$25.0M | $23.5M | $17.2M | $16.9M | -$33.1M | -$1.8M | -$25.1M |
| Free cash flow | -$41.5M | $7.8M | $16.1M | $15.7M | -$34.6M | -$7.8M | -$63.8M |
| Diluted shares | 2.7M | 2.8M | 2.8M | 2.8M | 2.9M | 2.9M | 2.8M |
Balance sheet
| Period end | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $20.3M | $5.9M | $7.1M | $5.8M | $5.6M | $11.0M |
| Short-term investments | $1.0M | $422.0K | $531.0K | $0.00 | $859.0K | $1.4M |
| Total debt | $208.2M | $110.3M | $112.9M | $125.1M | $135.8M | $87.5M |
| Total assets | $409.1M | $173.8M | $177.2M | $189.6M | $207.6M | $140.8M |
| Total liabilities | $317.9M | $168.2M | $158.4M | $163.9M | $171.1M | $119.4M |
| Shareholders' equity | $91.2M | -$1.5M | $5.8M | $13.0M | $25.7M | $14.7M |
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