Air T Inc (NASDAQ:AIRT) — Stock Price
Air T Inc (NASDAQ:AIRT) is currently trading at $32.33 USD, up 1.03% today. Over the past 52 weeks, shares have ranged between $18.35 and $34.26. This page tracks Air T Inc's live share price on the NASDAQ exchange, its daily price and volume history, and — where reported — its income statement, balance sheet, cash flow statement, and earnings history. For company valuation and market capitalisation context, see Air T Inc market capitalisation.
Air T Inc (AIRT) Stock Price Chart — Daily History & Trading Volume
The chart below tracks Air T Inc's daily closing share price and trading volume on the NASDAQ exchange over the past year, giving a clear view of recent price momentum and liquidity.
Air T Inc Income Statement — Revenue, Profit & Earnings by Year
Air T Inc's annual income statement shows how revenue converts into profit each fiscal year, including gross profit, operating income, EBITDA, and net income.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Revenue | $291.85 Million | $286.83 Million | $247.32 Million | $177.08 Million | $175.12 Million |
| Cost of Revenue | $231.66 Million | $234.46 Million | $198.50 Million | $137.69 Million | $143.45 Million |
| Gross Profit | $60.19 Million | $52.38 Million | $48.83 Million | $39.38 Million | $31.67 Million |
| Research & Development | — | — | — | — | — |
| SG&A | $57.85 Million | $51.11 Million | $42.84 Million | $29.82 Million | $34.26 Million |
| Total Operating Expenses | $58.28 Million | $51.11 Million | $53.23 Million | $30.63 Million | $40.85 Million |
| Operating Income | $1.91 Million | $1.26 Million | $-4.41 Million | $8.76 Million | $-9.18 Million |
| EBITDA | $7.97 Million | $5.53 Million | $741.00K | $20.06 Million | $-4.32 Million |
| EBIT | $3.62 Million | $2.73 Million | $-3.42 Million | $18.20 Million | $-7.43 Million |
| Interest Expense | $8.93 Million | $7.01 Million | $8.26 Million | $5.17 Million | $4.64 Million |
| Income Before Tax | $-4.99 Million | $-3.96 Million | $-11.35 Million | $13.40 Million | $-11.78 Million |
| Income Tax Expense | $423.00K | $729.00K | $432.00K | $1.17 Million | $-3.39 Million |
| Net Income | $-6.14 Million | $-6.82 Million | $-12.29 Million | $10.93 Million | $-7.28 Million |
Air T Inc Balance Sheet — Assets, Liabilities & Shareholder Equity
The balance sheet below summarizes Air T Inc's financial position at each fiscal year-end — what it owns (assets), what it owes (liabilities), and the resulting shareholder equity.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | $173.78 Million | $177.17 Million | $189.56 Million | $207.60 Million | $140.75 Million |
| Total Current Assets | $78.51 Million | $102.88 Million | $116.56 Million | $128.24 Million | $105.77 Million |
| Cash & Equivalents | — | — | — | — | — |
| Short-term Investments | $422.00K | $531.00K | $2.16 Million | $859.00K | $1.41 Million |
| Net Receivables | $24.78 Million | $26.00 Million | $28.69 Million | $32.05 Million | $10.89 Million |
| Inventory | $38.52 Million | $60.72 Million | $71.12 Million | $75.17 Million | $71.97 Million |
| Property, Plant & Equipment | — | — | $21.44 Million | $43.08 Million | $18.41 Million |
| Goodwill | $10.54 Million | $10.54 Million | $10.56 Million | $10.13 Million | $4.23 Million |
| Total Liabilities | $168.24 Million | $158.37 Million | $163.87 Million | $171.12 Million | $119.44 Million |
| Total Current Liabilities | $47.66 Million | $46.84 Million | $64.29 Million | $30.91 Million | $28.18 Million |
| Long-term Debt | $104.51 Million | $98.57 Million | $86.35 Million | $129.33 Million | $81.86 Million |
| Net Debt | $123.18 Million | $118.10 Million | $131.71 Million | $138.37 Million | $84.94 Million |
| Total Stockholder Equity | $-3.22 Million | $4.77 Million | $11.90 Million | $24.61 Million | $13.72 Million |
| Retained Earnings | $2.13 Million | $8.19 Million | $13.69 Million | $26.73 Million | $16.27 Million |
Air T Inc Cash Flow Statement — Operating, Investing & Financing Activities
This cash flow statement breaks down how Air T Inc generates and spends cash across operating, investing, and financing activities each fiscal year, including free cash flow and capital expenditures.
| Fiscal Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | $23.50 Million | $17.18 Million | $16.91 Million | $-33.08 Million | $-1.82 Million |
| Capital Expenditures | $15.68 Million | $1.08 Million | $1.18 Million | $1.56 Million | $6.00 Million |
| Free Cash Flow | $7.82 Million | $16.10 Million | $15.73 Million | $-34.64 Million | $-7.82 Million |
| Investing Cash Flow | $-20.19 Million | $-2.50 Million | $-6.17 Million | $-33.39 Million | $2.52 Million |
| Financing Cash Flow | $-4.80 Million | $-13.91 Million | $-12.38 Million | $59.25 Million | $71.00K |
| Dividends Paid | — | — | — | — | — |
| Stock-Based Compensation | — | — | $300.00K | $400.00K | — |
| Depreciation | $4.36 Million | $2.80 Million | $4.16 Million | $1.86 Million | $3.11 Million |
| Change in Cash | $-1.09 Million | $753.00K | $-1.28 Million | $-7.56 Million | $356.00K |
Air T Inc Earnings History — EPS Actual vs. Analyst Estimates
Track Air T Inc's quarterly earnings per share (EPS) against Wall Street estimates, along with the earnings surprise percentage for each reporting period.
| Report Date | EPS Actual | EPS Estimate | Surprise |
|---|---|---|---|
| Nov 12, 2025 | 1.61 | — | — |
| Aug 12, 2025 | -0.61 | — | — |
| Jun 24, 2025 | -2.57 | — | — |
| Feb 10, 2025 | -0.47 | — | — |
| Nov 11, 2024 | 0.91 | — | — |
| Aug 14, 2024 | -0.12 | — | — |
| Jun 25, 2024 | -0.61 | — | — |
| Feb 12, 2024 | -1.06 | — | — |