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Air T AIRT Overnight air cargo — Cost of sales:

Other product segments

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$39.54M
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$8.3M+72.4%
Corporate and other
$498K+46.5%

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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:CostOfRevenue.

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 overnight air cargo — cost of sales:?
Air T (AIRT) reported overnight air cargo — cost of sales: of $29M in Q1 2026.
How has Air T's overnight air cargo — cost of sales: changed year-over-year?
Air T's overnight air cargo — cost of sales: increased by 4.5% year-over-year, from $27.76M to $29M.
What is the long-term trend for Air T's overnight air cargo — cost of sales:?
Over 4 years (2022 to 2026), Air T's overnight air cargo — cost of sales: has grown at a 13.5% compound annual growth rate (CAGR), from $65.69M to $109.09M.
What does overnight air cargo — cost of sales: mean?
This metric measures the direct costs attributable to the production and delivery of overnight air cargo services, including fuel, pilot wages, and aircraft maintenance. Monitoring this figure is critical for assessing the direct operational efficiency and margin profile of the air freight business.