Air T (AIRT) Gross Margin (2019 - 2026)
Air T's (AIRT) quarterly Gross Margin came in at 98.39% in Q1 2026, up 6.6% on a QoQ basis from 92.3% in Q4 2025.
Air T (AIRT) Gross Margin (2019 - 2026) Analysis & Trends
Air T (AIRT) has 8 years of Gross Margin data on file, last reported at 98.39% in Q1 2026.
- Quarterly Gross Margin changed N/A year-over-year to 98.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 85.4% (changed N/A YoY) and the FY2026 annual result came in at 98.9%, down 110.0% from the prior year.
- Gross Margin improved to 98.39% in Q1 2026, from 92.3% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2024 to a low of 63.46% in Q2 2025.
- A 5-year average of 83.14% and a median of 77.54% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin surged 2394 bps — and 2025, when it plunged 3654 bps.
- Tracing AIRT's Gross Margin over 5 years: stood at 74.74% in 2022, then advanced by 16 bps to 86.99% in 2023, then decreased by 18 bps to 71.1% in 2024, then climbed by 30 bps to 92.3% in 2025, then climbed by 7 bps to 98.39% in 2026.
- The last three Gross Margin figures came in at 98.39% (Q1 2026), 92.3% (Q4 2025), and 77.51% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.96 Bn | 89.63 Bn | 2.68 Bn | 41.28% |
| 2 | Honeywell International | 68.49 Bn | 59.29 Bn | 3.65 Bn | 37.59% |
| 3 | Valmont Industries | 9.42 Bn | 9.28 Bn | 340.82 Mn | 30.47% |
| 4 | Brookfield Business | 5.92 Bn | 1.16 Bn | 1.27 Bn | 19.59% |
| 5 | Pampa Energy | 4.32 Bn | 4.31 Bn | 372,128.00 | 0.00% |
| 6 | Seaboard | 4.08 Bn | 2.87 Bn | 221.00 Mn | 7.56% |
| 7 | Otter Tail | 3.82 Bn | 3.47 Bn | 216.33 Mn | 64.63% |
| 8 | Deluxe | 1.08 Bn | 1.05 Bn | 259.60 Mn | 51.99% |
| 9 | Tetra Technologies | 1.00 Bn | 845.50 Mn | 45.71 Mn | 24.62% |
| 10 | Air T | 77.51 Mn | 55.86 Mn | 70.16 Mn | 60.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.39% |
| Dec 31, 2025 | 92.30% |
| Sep 30, 2025 | 77.51% |
| Jun 30, 2025 | 63.46% |
| Dec 31, 2024 | 71.10% |
| Sep 30, 2024 | 99.16% |
| Jun 30, 2024 | 100.00% |
| Dec 31, 2023 | 86.99% |
| Sep 30, 2023 | 77.54% |
| Jun 30, 2023 | 76.06% |
| Dec 31, 2022 | 74.74% |
| Sep 30, 2022 | 87.95% |
| Jun 30, 2022 | 75.58% |
| Dec 31, 2021 | 79.66% |
| Sep 30, 2021 | 81.06% |
| Jun 30, 2021 | 71.13% |
| Dec 31, 2020 | 65.80% |
| Sep 30, 2020 | 75.19% |
| Jun 30, 2020 | 92.66% |
| Dec 31, 2019 | 71.58% |