AIR T INC

For the period ended Jun 30, 2025. Filed Aug 13, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 13, 2025

AIRT$27.70-1.6%Stored close · as of Nov 6, 2026

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Income (Loss) (Unaudited) For The Months Ended and

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)

(In thousands, except per share data)	Three Months EndedJune 30,
	2025	2024
Operating Revenues:
Overnight air cargo	$30,589	$30,383
Ground support equipment	15,070	7,354
Commercial aircraft, engines and parts	21,960	26,250
Digital solutions	2,096	1,678
Corporate and other	1,155	746
	70,870	66,411
Operating Expenses:
Overnight air cargo	25,899	25,709
Ground support equipment	12,303	6,533
Commercial aircraft, engines and parts	14,656	18,533
Digital solutions	836	556
Corporate and other	415	285
General and administrative	15,031	14,612
Depreciation and amortization	1,284	760
	70,424	66,988
Operating Income (Loss)	446	(577)
Non-operating (Expense) Income:
Interest expense	(2,314)	(1,946)
(Loss) Income from equity method investments	(19)	1,923
Earnout remeasurement income	402	20
Other	678	683
	(1,253)	680
(Loss) Income before income taxes	(807)	103
Income Tax (Benefit) Expense	(136)	71
Net (Loss) Income	(671)	32
Net Income Attributable to Non-controlling Interests	(965)	(367)
Net Loss Attributable to Air T, Inc. Stockholders	$(1,636)	$(335)
Loss per share (Note 6)
Basic	$(0.61)	$(0.12)
Diluted	$(0.61)	$(0.12)

Weighted Average Shares Outstanding:
Basic	$2,703	$2,761
Diluted	$2,703	$2,761

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.