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Air T AIRT Software Services — Reconciliation of revenue

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$933K-8.7%
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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 software services — reconciliation of revenue?
Air T (AIRT) reported software services — reconciliation of revenue of $2.32M in Q1 2026.
How has Air T's software services — reconciliation of revenue changed year-over-year?
Air T's software services — reconciliation of revenue increased by 29.8% year-over-year, from $1.79M to $2.32M.
What is the long-term trend for Air T's software services — reconciliation of revenue?
Over 2 years (2024 to 2026), Air T's software services — reconciliation of revenue has grown at a 25.3% compound annual growth rate (CAGR), from $5.78M to $9.08M.
What does software services — reconciliation of revenue mean?
This metric represents the adjusted revenue figures for the software services business segment, accounting for specific accounting adjustments or reclassifications. It provides transparency into the underlying performance of digital service offerings by reconciling reported segment revenue with internal financial standards. Investors use this to assess the growth trajectory and revenue recognition consistency of the company's software-related operations.