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Air T AIRT Leasing Revenue — 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%
Support Services
$12K

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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+17.6%
Enterprise value$66.72M-67.5%
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: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 leasing revenue — reconciliation of revenue?
Air T (AIRT) reported leasing revenue — reconciliation of revenue of $420K in Q1 2026.
How has Air T's leasing revenue — reconciliation of revenue changed year-over-year?
Air T's leasing revenue — reconciliation of revenue decreased by 1.9% year-over-year, from $428K to $420K.
What is the long-term trend for Air T's leasing revenue — reconciliation of revenue?
Over 2 years (2024 to 2026), Air T's leasing revenue — reconciliation of revenue has grown at a 2.5% compound annual growth rate (CAGR), from $1.62M to $1.71M.
What does leasing revenue — reconciliation of revenue mean?
This metric represents the adjusted revenue recognized from the leasing of assets within a specific business segment. It serves as a bridge to align reported segment performance with broader financial statements by accounting for specific adjustments or reclassifications. Investors use this to understand the underlying revenue contribution of leased assets before or after segment-specific accounting treatments.