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Air T AIRT Commercial Aircraft, Engines and Parts — Inventory write-down

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Other financials

Income statement

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Revenue$120.9M+82.4%
Operating income-$13.8M
Net income$77.7M+1,206%
EPS (diluted)$28.75+1,227%

Balance sheet

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Cash & equivalents$20.3M+201%
Total debt$15.6M-87.5%
Total equity$79.8M+2,582%
Total assets$409.1M+135%

Cash flow

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Operating cash flow-$44.0K-101%
CapEx$15.3M+10,139%
Free cash flow-$15.3M-485%

Valuation

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Market cap$71.46M+28.1%
Enterprise value$66.72M-64.4%
P/E0.9×
P/S0.2×0.0×

Profitability

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Operating margin-3.5%
Net margin23.8%+22.1pp
FCF margin-12.7%-20.4pp

Returns & leverage

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Return on equity-157.8%-201pp
Debt / equity0.2×
Current ratio1.7×0.0×

Where this comes from

Reported directly by Air T in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

The official record: Air T’s 10-Q, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air T's commercial aircraft, engines and parts — inventory write-down?
Air T (AIRT) reported commercial aircraft, engines and parts — inventory write-down of $800K in Q4 2025.
How has Air T's commercial aircraft, engines and parts — inventory write-down changed year-over-year?
Air T's commercial aircraft, engines and parts — inventory write-down increased by 113.3% year-over-year, from $375K to $800K.
What does commercial aircraft, engines and parts — inventory write-down mean?
Represents the reduction in the carrying value of aircraft engines and parts inventory when its market value falls below its recorded cost. This metric highlights potential obsolescence or declining demand for specific engine components within the commercial aviation segment.