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Air T AIRT Lease Cost

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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:LeaseCost.

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 lease cost?
Air T (AIRT) reported lease cost of $2.22M in Q1 2026.
How has Air T's lease cost changed year-over-year?
Air T's lease cost increased by 52.5% year-over-year, from $1.46M to $2.22M.
What is the long-term trend for Air T's lease cost?
Over 3 years (2023 to 2026), Air T's lease cost has grown at a 23.3% compound annual growth rate (CAGR), from $3.43M to $6.43M.
What does lease cost mean?
The aggregate expense recognized for all lease arrangements, including fixed and variable components, over the reporting period. It serves as a comprehensive measure of the company's total operational commitment to leased assets.