What is Air T's EBITDA?

Air T (AIRT) reported EBITDA of -$5.13M in Q1 2026.

How has Air T's EBITDA changed year-over-year?

Air T's EBITDA decreased by 15.0% year-over-year, from -$4.46M to -$5.13M.

What is the long-term trend for Air T's EBITDA?

Over 3 years (2023 to 2026), Air T's EBITDA has grown at a 20.7% compound annual growth rate (CAGR), from -$423K to $743K.

What does EBITDA mean?

Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

Air T AIRT EBITDA

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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

See full

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

See full

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

Calculated from Air T’s reported figures.

−$13.8Mebit+

$8.6MDepreciation Depletion & Amortization

=-$5.13M

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 EBITDA?: Air T (AIRT) reported EBITDA of -$5.13M in Q1 2026.
How has Air T's EBITDA changed year-over-year?: Air T's EBITDA decreased by 15.0% year-over-year, from -$4.46M to -$5.13M.
What is the long-term trend for Air T's EBITDA?: Over 3 years (2023 to 2026), Air T's EBITDA has grown at a 20.7% compound annual growth rate (CAGR), from -$423K to $743K.
What does EBITDA mean?: Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.