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AIRT logoAir T, Inc. (AIRT) Earnings History

Annual and quarterly earnings data from 1991 to 2025

TTM Net Income
-$7M
Net Loss
TTM EPS
$-2.50
Diluted
YoY EPS Growth
+7.9%
Solid
Net Margin
-2.1%
Profitability
Operating Margin0.7%
Gross Margin20.6%
ROE-50.5%
ROA-3.5%
Highest Annual Net Income$11M (2022)
Highest Quarterly EPS$2.60 (Q2 2022)
Consecutive Profitable Years0 years
Q3 2026
Net Income-$2M
EPS$-0.91
QoQ Growth-156.3%Declining

Loading earnings history...

AIRT EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

AIRT Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202520.6%0.7%-2.1%
202418.3%0.4%-2.4%
202319.7%-1.8%-5.0%
202222.2%4.9%6.2%
202118.1%-5.2%-4.2%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Air T, Inc. (AIRT) Earnings Overview

As of May 8, 2026, Air T, Inc. (AIRT) reported trailing twelve-month net income of -$7M, reflecting +7.9% year-over-year growth. The company earned $-2.50 per diluted share over the past four quarters, with a net profit margin of -2.1%.

Looking at the long-term picture, AIRT's historical earnings data spans multiple years. The company achieved its highest annual net income of $11M in fiscal 2022.

Air T, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including MRTN ($17M net income, 2.0% margin), HTLD (-$52M net income, -6.5% margin), UPS ($5.25B net income, 6.3% margin), AIRT has room to improve margins relative to the peer group. Compare AIRT vs MRTN →

AIRT Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
AIRT logoAIRTCurrent
-$7M$-2.50-2.1%-50.5%+7.9%—
MRTN logoMRTN
$17M$0.212.0%2.3%-36.4%
HTLD logoHTLD
-$52M$-0.68-6.5%-6.6%-76.3%
UPS logoUPS
$5.2B$6.186.3%33.8%-3.0%
HUBG logoHUBG
$105M$1.742.6%6.3%-35.1%
FWRD logoFWRD
-$91M--4.3%-48.2%+88.3%
Best in group
Lowest in group

AIRT Historical Earnings Data (1991–2025)

35 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$6M+10.0%$2M$-2.23-2.1%0.7%
2024-$7M+44.5%$1M$-2.42-2.4%0.4%
2023-$12M-212.5%-$4M$-4.32-5.0%-1.8%
2022$11M+250.2%$9M$3.786.2%4.9%
2021-$7M-195.0%-$9M$-2.53-4.2%-5.2%
2020$8M+471.3%$7M$1.133.2%3.1%
2019$1M-41.2%$8M$0.440.5%3.2%
2018$2M+170.9%$4M$0.741.2%2.2%
2017-$3M-165.0%-$3M$-1.01-2.2%-2.1%
2016$5M+99.0%$6M$1.373.3%4.1%

See AIRT's True Return

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Is AIRT Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare AIRT vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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AIRT — Frequently Asked Questions

Quick answers to the most common questions about buying AIRT stock.

Is AIRT growing earnings?

AIRT EPS stands at $-2.50, with +7.9% growth matching the 5-year CAGR of N/A. TTM net income is $-7M. Earnings trajectory remains consistent.

What are AIRT's profit margins?

Air T, Inc. net margin is -2.1%, with operating margin at +0.7%. Below-average margins reflect competitive or cost pressures.

How consistent are AIRT's earnings?

AIRT earnings data spans 1991-2025. The current earnings trend is +7.9% YoY. Historical data enables comparison across business cycles.

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AIRT Earnings Over Time (2014–2025)

Net income and EPS trends