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Air T AIRT Foreign currency translation gains (losses)

Foreign currency translation gains (losses) at other companies

World Kinect logo
World KinectWKC
-$1.1M-109%
Forward Air logo
Forward AirFWRD
-$2.05M-872%

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:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax.

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 foreign currency translation gains (losses)?
Air T (AIRT) reported foreign currency translation gains (losses) of $2.9M in Q1 2026.
How has Air T's foreign currency translation gains (losses) changed year-over-year?
Air T's foreign currency translation gains (losses) increased by 825.0% year-over-year, from -$400K to $2.9M.
What does foreign currency translation gains (losses) mean?
This metric captures the gains or losses resulting from the translation of financial statements of foreign subsidiaries from their functional currency into the reporting currency. It reflects the impact of exchange rate fluctuations on the net investment in foreign operations. It is a key indicator of exposure to international currency volatility.