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Air T AIRT Commercial aircraft, engines and parts — Reconciliation of revenue

Other product segments

Regional airline
$50.13M
Ground support equipment
$9.7M+83.4%
Software Services
$1.79M
Corporate and other
$933K-8.7%
Leasing Revenue
$428K
Support Services
$12K

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TXTAircraft — Revenue
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GECommercial Engines & Services — Revenue
$8.92B+33.9%
Boeing logo
BACommercial Airplanes — Revenue from contract with customer, excluding assessed tax, percentage
100%0.0pp
AAR Corp logo
AIRReportable Segment Aggregation Before Corporate And Other Operating — Revenue (Gross)
$845.1M+24.6%
Gogo logo
GOGOBusiness Aviation — Revenue
$154.36M-8.8%

Other financials

Income statement

See full
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

See full
Market cap$71.46M+17.6%
Enterprise value$66.72M-67.5%
P/E0.9×
P/S0.2×0.0×

Profitability

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

Returns & leverage

See full
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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Air T’s 10-K, filed June 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Air T's commercial aircraft, engines and parts — reconciliation of revenue?
Air T (AIRT) reported commercial aircraft, engines and parts — reconciliation of revenue of $23.53M in Q1 2026.
How has Air T's commercial aircraft, engines and parts — reconciliation of revenue changed year-over-year?
Air T's commercial aircraft, engines and parts — reconciliation of revenue decreased by 7.4% year-over-year, from $25.41M to $23.53M.
What is the long-term trend for Air T's commercial aircraft, engines and parts — reconciliation of revenue?
Over 2 years (2024 to 2026), Air T's commercial aircraft, engines and parts — reconciliation of revenue has grown at a -17.3% compound annual growth rate (CAGR), from $125.54M to $85.87M.
What does commercial aircraft, engines and parts — reconciliation of revenue mean?
Provides a bridge between segment-specific revenue reporting and the consolidated financial statements to ensure consistency and transparency. This metric accounts for adjustments, eliminations, or reclassifications necessary to align segment performance with GAAP reporting standards. It is critical for investors to understand the underlying operational revenue before corporate-level accounting adjustments.