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Air T AIRT Product Sales — Reconciliation of revenue

Other product segments

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$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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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

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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

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 product sales — reconciliation of revenue?
Air T (AIRT) reported product sales — reconciliation of revenue of $389K in Q1 2026.
How has Air T's product sales — reconciliation of revenue changed year-over-year?
Air T's product sales — reconciliation of revenue increased by 50.2% year-over-year, from $259K to $389K.
What is the long-term trend for Air T's product sales — reconciliation of revenue?
Over 2 years (2023 to 2026), Air T's product sales — reconciliation of revenue has grown at a -90.0% compound annual growth rate (CAGR), from $166.56M to $1.68M.
What does product sales — reconciliation of revenue mean?
This metric represents the adjustments or reconciling items required to align segment-level product sales figures with the total reported revenue for the company. It captures non-standard accounting adjustments, eliminations, or specific revenue recognition variances unique to the product sales division. Investors use this to understand the bridge between segment-specific performance and the consolidated financial statements.