$AIRT Income Statement | Understand Stock

$AIRT

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of income (loss)

In millions of USD; shares in millions, except per-share amounts

	FY2026 12 months to Mar 31, 2026	FY2025 12 months to Mar 31, 2025	FY2024 12 months to Mar 31, 2024	FY2023 12 months to Mar 31, 2023	FY2022 12 months to Mar 31, 2022
Reconciliation of revenue
Overnight air cargo
Ground equipment sales
Commercial jet engines and parts
Corporate and other
Ground support equipment
Commercial aircraft, engines and parts
Digital solutions
Regional airline
Corporate and other
Total reconciliation of revenue
Operating Expenses:
Cost of Sales
Overnight air cargo
Ground equipment sales
Commercial jet engines and parts
Cost of revenue
Ground equipment sales
Commercial jet engines and parts
Corporate and other
Overnight air cargo
Ground support equipment
Commercial aircraft, engines and parts
Digital solutions
Regional airline
Corporate and other
General and administrative
Depreciation and amortization
Overnight air cargo
Ground equipment sales
Commercial jet engines and parts
Corporate and other
Total depreciation and amortization
Write-down of inventory
Inventory write-down
Impairment of long-lived assets
Loss on sale of property and equipment
Earnout remeasurement
Operating expenses

Gain on sale of aircraft on lease
Operating (Loss) Income
Overnight air cargo
Ground equipment sales
Commercial jet engines and parts
Corporate and other
Total operating (Loss) Income
Non-operating (Expense) Income:
Gain on forgiveness of PPP
Interest expense
(Loss) income from equity method investments
Gain on bargain purchase
Other
Non-operating income (expense)

Earnings (Loss) before income taxes
Income Tax Expense
Net Income (Loss) from continuing operations
Gain on sale of discontinued operations, net of tax
Net Income (Loss)
Net Income Attributable to Non-controlling Interests
Net Income (Loss) Attributable to Air T, Inc. Stockholders
Basic (in dollars per share)
Diluted (in dollars per share)
Earnings (Loss) per share (Note 21)
Basic (in dollars per share)
Diluted (in dollars per share)
Weighted Average Shares Outstanding:
Basic (in shares)
Diluted (in shares)

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