Air T, Inc. (AIRT) quarterly cash flow statement — complete operating, investing & financing history
Air T, Inc. (AIRT) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Cash from Operations | -2.83M | -44K | -18.5M | -5.41M | -1.09M | 4.12M | 16.33M | 2.93M | 113K | -5.97M | 7.25M | 12.41M | 3.48M | 20.72M | 10.13M | -11.41M | -2.53M | -13.39M | 3.06M | -13.93M |
| Operating CF Margin % | -2.45% | -0.04% | -26% | -8.43% | -1.55% | 6.21% | 20.97% | 3.61% | 0.17% | -8.21% | 11.37% | 15.72% | 4.88% | 27.86% | 16.5% | -18.81% | -4.98% | -26.04% | 6.74% | -32.22% |
| Operating CF Growth % | -158.45% | -101.07% | -213.24% | -284.54% | -1069.03% | 169.03% | 125.34% | -76.39% | -96.76% | -128.79% | -28.46% | 208.74% | 237.65% | 254.73% | 230.75% | 18.07% | 71.31% | -376.85% | 395.94% | -509.18% |
| Net Income | -15.7M | 80.65M | -358K | 4.36M | -1.64M | -7.03M | -1.24M | 2.96M | 32K | -940K | -2.11M | -1.61M | -27K | -9.76M | 108K | -1.33M | -802K | 4.35M | -1.26M | 8M |
| Depreciation & Amortization | 9.88M | 8.64M | 1.58M | 827K | 1.28M | 1.32M | 1.33M | 949K | 760K | 710K | 699K | 700K | 690K | 1.18M | 1.1M | 1.03M | 861K | 714K | 442K | 323K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -2.32M | -97.38M | -2.93M | -11.14M | 1.42M | 3.71M | 300K | -730K | -1.28M | 1.82M | -926K | 119K | -212K | 7.28M | -1.48M | 1.61M | -260K | 2.61M | 1.02M | -9.01M |
| Working Capital Changes | 5.3M | 8.05M | -16.8M | 550K | -2.17M | 6.12M | 15.95M | -251K | 602K | -7.56M | 9.58M | 13.2M | 3.03M | 22.02M | 10.4M | -12.71M | -2.33M | -21.06M | 2.86M | -13.25M |
| Change in Receivables | 6.79M | -1.26M | -7.3M | 5.86M | -653K | 323K | 6.05M | -8.23M | 50K | -4.82M | 8.23M | 5.56M | -3.98M | -11.23M | 10.24M | -8.02M | 5.17M | -17.41M | 6.26M | -5.89M |
| Change in Inventory | -12.82M | -11.47M | -4.58M | -6.69M | -1.36M | -663K | 12.46M | 6.36M | 2.47M | -7.96M | 362K | 9.95M | 6.75M | 22.63M | 1.78M | -6.4M | -7.84M | -9.01M | 1.53M | -6.83M |
| Change in Payables | 3M | 18.14M | 228K | -2.16M | 133K | 7.55M | -5.3M | 1.53M | -1.07M | 1.54M | 1.09M | 1.86M | 131K | 1.1M | -3.96M | 2.21M | 1.64M | 1.43M | -3.1M | 1.48M |
| Cash from Investing | -44.02M | -28.8M | -6.94M | 16.66M | -2.72M | -3.39M | -2.6M | -16.2M | 2.01M | -2.72M | 63K | 177K | -21K | -3.08M | -1.31M | -716K | -1.06M | -13.84M | -17.17M | -927K |
| Capital Expenditures | 0 | -675K | 444K | -213K | -231K | -149K | -351K | -14.84M | -339K | -398K | -121K | -153K | -404K | -141K | -246K | -420K | -371K | -353K | -13.77M | -706K |
| CapEx % of Revenue | 18.47% | 0.56% | 0.62% | 0.33% | 0.33% | 0.22% | 0.45% | 18.27% | 0.51% | 0.55% | 0.19% | 0.19% | 0.57% | 0.19% | 0.4% | 0.69% | 0.73% | 0.69% | 30.31% | 1.63% |
| Acquisitions | -19.18M | 17.52M | -25.1M | 19.91M | -1.18M | 0 | -2.29M | 0 | 0 | -3.55M | -91K | 0 | -417K | -2.95M | -1.42M | -307K | -880K | -12.8M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -24.85M | -38.87M | 10.95M | 1.69M | 724K | 1.5M | 38K | -1.36M | 2.35M | 5.86M | 275K | 908K | 800K | 16K | 354K | 11K | 191K | 842K | -29K | -221K |
| Cash from Financing | 42.3M | 11.65M | 50M | -8.83M | 12.58M | -12.79M | -4.51M | 13.79M | -1.29M | 11.24M | -7.92M | -13.15M | -4.08M | -17.25M | -11.89M | 12.18M | 4.57M | 30.18M | 13.65M | 9.61M |
| Debt Issued (Net) | 31.72M | 8.71M | 50.84M | -5.69M | 12.86M | -13.33M | -4.54M | 13.83M | -991K | 10.61M | -14.8M | -13.11M | -3.9M | -16.88M | -11.25M | 12.68M | 4.6M | 26.88M | 10.85M | 6.03M |
| Equity Issued (Net) | 755K | 3.02M | 56K | 0 | 0 | -1.08M | 0 | 0 | 0 | 1.5M | 7.29M | 0 | 0 | 0 | 0 | 0 | 0 | 607K | 2.86M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -28K | 0 | 0 | 0 | -1.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 9.83M | -72K | -899K | -3.14M | -286K | 1.63M | 29K | -49K | -300K | -863K | -404K | -44K | -181K | -367K | -643K | -494K | -24K | 2.69M | -57K | 3.58M |
| Net Change in Cash | -3.62M | -16.91M | 24.64M | 2.56M | 8.47M | -12.26M | 9.58M | 479K | 862K | 2.66M | -736K | -498K | -669K | 580K | -2.96M | -58K | 1.16M | 2.53M | -435K | -5.15M |
| Free Cash Flow | -24.15M | -719K | -19.28M | -5.62M | -1.33M | 3.97M | 15.98M | -11.91M | -226K | -6.37M | 7.13M | 12.26M | 3.08M | 20.58M | 9.88M | -11.84M | -2.9M | -13.75M | -10.71M | -14.64M |
| FCF Margin % | -20.92% | -0.59% | -27.1% | -8.76% | -1.87% | 5.99% | 20.52% | -14.66% | -0.34% | -8.76% | 11.18% | 15.53% | 4.31% | 27.67% | 16.1% | -19.5% | -5.71% | -26.73% | -23.57% | -33.85% |
| FCF Growth % | -1721.49% | -118.11% | -220.63% | 52.79% | -486.73% | 162.37% | 124.25% | -197.14% | -107.34% | -130.92% | -27.9% | 203.59% | 206.13% | 249.73% | 192.31% | 19.15% | 67.6% | -679.55% | -285.04% | -326.27% |
| FCF per Share | -8.96 | -0.27 | -7.13 | -2.08 | -0.49 | 1.47 | 5.80 | -4.31 | -0.08 | -2.29 | 2.53 | 4.35 | 1.09 | 7.23 | 3.49 | -4.13 | -1.01 | -4.76 | -3.72 | -5.05 |
| FCF Conversion (FCF/Net Income) | 0.18x | -0.00x | 7.55x | -1.24x | 0.67x | -0.59x | -12.59x | 1.16x | -0.34x | 3.51x | -2.43x | -7.71x | -6.56x | -2.29x | -17.17x | 9.27x | 1.77x | -3.08x | -2.43x | -1.84x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |