Air T, Inc. (AIRT) Earnings History
Profitable36 years of earnings data (1991–2026) · Positive TTM net income
Loading earnings history...
Air T, Inc. (AIRT) Earnings Overview
As of July 8, 2026, Air T, Inc. (AIRT) reported trailing twelve-month net income of $78M, reflecting +1393.7% year-over-year growth. The company earned $28.85 per diluted share over the past four quarters, with a net profit margin of 23.8%.
Looking at the long-term picture, AIRT's historical earnings data spans multiple years. The company achieved its highest annual net income of $78M in fiscal 2026, representing a new all-time high.
Air T, Inc. maintains industry-leading profitability with a gross margin of 18.9%, operating margin of -5.8%, and net margin of 23.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MRTN ($14M net income, 2.0% margin), HTLD (-$43M net income, -6.5% margin), UPS ($5.25B net income, 6.3% margin), AIRT has outperformed on profitability metrics. Compare AIRT vs MRTN →
AIRT Earnings vs Peers
Earnings metrics vs comparable public companies
AIRT Historical Earnings Data (1991–2026)
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $78M | +1370.1% | -$19M | $28.85 | 23.8% | -5.8% |
| 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 | $3.78 | 6.2% | 4.9% |
| 2021 | -$7M | -195.0% | -$9M | $-2.53 | -4.2% | -5.2% |
| 2020 | $8M | +471.3% | $7M | $1.13 | 3.2% | 3.1% |
| 2019 | $1M | -41.2% | $8M | $0.44 | 0.5% | 3.2% |
| 2018 | $2M | +170.9% | $4M | $0.74 | 1.2% | 2.2% |
| 2017 | -$3M | -165.0% | -$3M | $-1.01 | -2.2% | -2.1% |
| 2016 | $5M | +99.0% | $6M | $1.37 | 3.3% | 4.1% |
| 2015 | $2M | +69.4% | $3M | $0.70 | 2.2% | 3.0% |
| 2014 | $1M | -12.2% | $3M | $0.40 | 1.5% | 2.6% |
| 2013 | $2M | +23.7% | $3M | $0.45 | 1.6% | 2.6% |
| 2012 | $1M | -36.8% | $2M | $0.37 | 1.5% | 2.3% |
| 2011 | $2M | -43.1% | $3M | $0.58 | 2.6% | 4.1% |
| 2010 | $4M | -14.2% | $5M | $1.02 | 4.6% | 6.7% |
| 2009 | $4M | +28.7% | $7M | $1.20 | 4.8% | 7.4% |
| 2008 | $3M | +36.9% | $5M | $0.93 | 4.3% | 6.4% |
| 2007 | $2M | +21.0% | $4M | $0.63 | 3.7% | 5.7% |
| 2006 | $2M | -2.4% | $3M | $0.51 | 2.6% | 4.0% |
| 2005 | $2M | +21.2% | $3M | $0.52 | 3.0% | 5.0% |
| 2004 | $2M | +242.0% | $3M | $0.42 | 3.1% | 6.1% |
| 2003 | -$1M | -195.8% | $464,520 | $-0.30 | -2.9% | 1.1% |
| 2002 | $1M | -0.8% | $2M | $0.31 | 1.8% | 3.3% |
| 2001 | $1M | +256.2% | $3M | $0.31 | 1.8% | 3.6% |
| 2000 | $361,857 | -30.8% | $974,360 | $0.09 | 0.6% | 1.7% |
| 1999 | $522,704 | -69.4% | $946,566 | $0.12 | 1.0% | 1.8% |
| 1998 | $2M | +28.9% | $3M | $0.41 | 3.3% | 6.0% |
| 1997 | $1M | -17.9% | $2M | $0.32 | 3.8% | 4.7% |
| 1996 | $2M | +0.8% | $2M | $0.36 | 4.5% | 6.3% |
| 1995 | $2M | -30.4% | -$10M | $0.32 | 4.8% | -29.1% |
| 1994 | $2M | +27.8% | -$9M | $0.46 | 7.5% | -29.6% |
| 1993 | $2M | +50.0% | $3M | $0.37 | 6.7% | 9.3% |
| 1992 | $1M | +71.4% | $2M | $0.27 | 6.0% | 9.0% |
| 1991 | $700,000 | - | $1M | $0.17 | 2.7% | 5.5% |
Download Data
Export AIRT earnings history in CSV or JSON format
Free sign-in required to download data
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
35+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
AIRT — Frequently Asked Questions
Quick answers to the most common questions about buying AIRT stock.
What is AIRT earnings per share (EPS)?
AIRT trailing twelve-month (TTM) diluted EPS is $28.85, reflecting +1393.7% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 1991 to 2026 is available in the table on this page.
What is Air T, Inc.'s net income?
Air T, Inc. (AIRT) trailing twelve-month net income is $78M as of 2026. Earnings grew +1393.7% year-over-year.
Is AIRT profitable?
Yes, AIRT is profitable with a TTM net income of $78M and a net profit margin of +23.8%.
What is AIRT's earnings growth rate?
AIRT compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: +35.6%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1991 to 2026.
What are AIRT's profit margins?
Air T, Inc. net profit margin is +23.8%, operating margin is -5.8%, and gross margin is +18.9%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +161.2%.
Is AIRT growing earnings?
Yes, AIRT earnings are accelerating — EPS growth of +1393.7% exceeds the 5-year CAGR of N/A. TTM net income reached $78M. Earnings momentum is strengthening.
What was AIRT's best earnings year?
Air T, Inc.'s highest annual net income on record is $78M, achieved in fiscal year 2026. Earnings history on this page spans 1991 to 2026 and includes all annual and quarterly figures.
What were AIRT's earnings last quarter?
AIRT's most recent reported quarter was Q4 2026. Net income was $78M with diluted EPS of $28.76. For a full breakdown of all quarters, see the quarterly earnings table on this page.