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Air T AIRT Overnight Air Cargo — D&A

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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:DepreciationAndAmortization.

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 — D&A?
Air T (AIRT) reported overnight air cargo — D&A of $147K in Q1 2026.
How has Air T's overnight air cargo — D&A changed year-over-year?
Air T's overnight air cargo — D&A decreased by 9.8% year-over-year, from $163K to $147K.
What is the long-term trend for Air T's overnight air cargo — D&A?
Over 3 years (2023 to 2026), Air T's overnight air cargo — D&A has grown at a 69.8% compound annual growth rate (CAGR), from $115K to $563K.
What does overnight air cargo — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets used in the overnight air cargo segment over their useful lives. This metric reflects the capital intensity of the segment and the ongoing consumption of its fleet and equipment. It is essential for calculating cash flow and understanding the segment's asset replacement cycle.