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Companies / Industrials / Air T, Inc.
AIRT

Air T, Inc.

IndustrialsAir Transportation
Ticker AIRTCHARLOTTE, NCFiscal year ends MarchBook value per share $24.18Diluted shares 2.7M

Air T, Inc. (Nasdaq: AIRT) is a holding company with operating businesses and financial assets spanning aviation services, manufacturing, software and airline operations. Its five reportable segments are overnight air cargo, ground support equipment, commercial aircraft, engines and parts, digital solutions, and… From the company’s description.

Over the twelve months to Jun 30, 2026, Air T, Inc. reported revenue of $371.68M, up 25.4% from a year earlier, and net income of $69.63M. Its operating margin was −6.6%, and operations used $26.78M in cash. In fiscal 2025, it reported revenue of $327.09M, up 12.1% from fiscal 2024, and net income of $84.65M.

Fiscal year 2025 · ends 03-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$327.09MFY2025
+12.1% year over year
Last 12 mo $371.68M
-3.42%FY2025
−4.1 percentage points
Last 12 mo -6.58%
$84.65MFY2025
+1664.4% year over year
Last 12 mo $69.63M
97.71%FY2025
−93.2 percentage points
Last 12 mo 97.87%
Cash & financing
$-25.04MFY2025
−206.6% year over year
Last 12 mo $-26.78M
$-41.53MFY2025
−631.2% year over year
Last 12 mo $-64.35M
0.06FY2025
Was -3.23× a year earlier
Last 12 mo 3.78
2.7MFY2025
−1.7% year over year
Last 12 mo 2.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Air T, Inc. does

In the company’s own words

Air T, Inc. (Nasdaq: AIRT) is a holding company with operating businesses and financial assets spanning aviation services, manufacturing, software and airline operations. Its five reportable segments are overnight air cargo, ground support equipment, commercial aircraft, engines and parts, digital solutions, and regional airline. The overnight cargo businesses operate and maintain aircraft on FedEx feeder routes and provide aircraft maintenance services. Ground Support Equipment manufacturer Global Ground Support sells and services deicers and other specialized equipment for airlines, airports, ground handlers, the U.S. Air Force and industrial customers. The commercial aviation businesses trade, lease and dismantle aircraft and engines and supply parts, procurement, repair and overhaul services to airlines, lessors and other aviation customers. Digital Solutions provides air-cargo market data and cloud-based aviation software, while Australia’s Rex operates regional passenger, freight and charter services and pilot training. Rex joined Air T in December 2025. As of March 31, 2026, the company and subsidiaries had approximately 1,666 employees; Rex’s network served 53 Australian destinations. Its website is https://www.airt.com.

Company details
Sector
Industrials
Industry (SIC)
Air Transportation
Headquarters
CHARLOTTE, NC
Fiscal year end
March
CIK
353184
SIC
4513

Financial performance, year by year

Fiscal 2011–2025 · USD
$-50.13M$64.91M$179.95M$294.99M$410.03M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Air T, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

8
funds hold it
0 of 35
superinvestors hold it
$1.34M
held by funds, at market
2.0%
of shares held by funds

Largest fund holders · Air T, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Nasdaq Composite Index Fund
FNCMX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Air T, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Air T, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Air T, Inc.'s last four quarterly filings that the numbers alone won't show?”
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