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Air T AIRT Regional airline — D&A

Other segment segments

Commercial Aircraft, Engines and Parts
$784K
Digital solutions
$213K+8.7%
Overnight Air Cargo
$147K-9.8%
Ground support equipment
$34K

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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 regional airline — D&A?
Air T (AIRT) reported regional airline — D&A of $7.93M in Q1 2026.
What does regional airline — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the regional airline segment. This metric is critical for understanding the capital intensity of the segment's operations and the ongoing investment required to maintain the fleet. It is a key component in reconciling net income to cash flow from operations.