Air T (AIRT) Cost of Revenue (2019 - 2026)

Air T (AIRT) posted Cost of Revenue of $1.9 million for Q1 2026, down 64.45% on a QoQ basis from $5.5 million in Q4 2025.

Air T (AIRT) Cost of Revenue (2019 - 2026) Analysis & Trends

Air T's Cost of Revenue history runs 8 years deep, the most recent figure standing at $1.9 million for Q1 2026.

  • Quarterly Cost of Revenue changed N/A year-over-year to $1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $47.8 million (changed N/A YoY) and the FY2026 annual result came in at $3.6 million, changed N/A from the prior year.
  • Cost of Revenue was $1.9 million for Q1 2026 at Air T, down from $5.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $65.2 million in Q4 2024 and bottomed at $682000.0 in Q3 2024.
  • A 5-year average of $22.5 million and a median of $20.9 million in 2022 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2024 — Cost of Revenue slumped 97.72% — and 2025, when it surged 2015.4%.
  • Air T's Cost of Revenue stood at $43.7 million in 2022, then sank by 36.24% to $27.9 million in 2023, then jumped by 134.0% to $65.2 million in 2024, then plunged by 91.59% to $5.5 million in 2025, then sank by 64.45% to $1.9 million in 2026.
  • Business Quant data shows AIRT's Cost of Revenue at $1.9 million in Q1 2026, $5.5 million in Q4 2025, and $14.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 3M 92.21 Bn 88.88 Bn 2.68 Bn 3.82 Bn
2 Honeywell International 77.70 Bn 68.50 Bn 3.65 Bn 6.07 Bn
3 Valmont Industries 9.65 Bn 9.49 Bn 316.88 Mn 712.32 Mn
4 Brookfield Business 6.68 Bn -9.90 Bn 1.31 Bn 5.13 Bn
5 Seaboard 4.48 Bn 3.32 Bn 217.00 Mn 2.18 Bn
6 Otter Tail 3.85 Bn 3.45 Bn 239.49 Mn 107.54 Mn
7 Deluxe 1.22 Bn 1.19 Bn 279.40 Mn 258.70 Mn
8 Tetra Technologies 1.02 Bn 989.42 Mn 38.23 Mn 108.85 Mn
9 Matthews International 891.71 Mn 855.62 Mn 101.98 Mn 26.13 Mn
10 Air T 73.41 Mn 52.06 Mn 118.99 Mn 1.95 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.95 Mn
Mar 31, 2026 1.95 Mn
Dec 31, 2025 5.48 Mn
Dec 31, 2025 5.48 Mn
Sep 30, 2025 14.43 Mn
Sep 30, 2025 14.43 Mn
Jun 30, 2025 25.90 Mn
Jun 30, 2025 25.90 Mn
Dec 31, 2024 65.18 Mn
Dec 31, 2024 65.18 Mn
Sep 30, 2024 682,000.00
Sep 30, 2024 682,000.00
Dec 31, 2023 27.85 Mn
Dec 31, 2023 27.85 Mn
Sep 30, 2023 29.96 Mn
Sep 30, 2023 29.96 Mn
Jun 30, 2023 23.71 Mn
Jun 30, 2023 23.71 Mn
Dec 31, 2022 43.69 Mn
Dec 31, 2022 43.69 Mn