Air T AIRT
NASDAQ AIRT
$27.58 -0.42 (-1.50%)
As of: Sep 30, 2026 · 12:17 PM EDT

Air T Inc (AIRT) Gross Margin (2018 - 2026)

Updated

Air T (AIRT) recorded Gross Margin of 60.76% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 1.48 percentage points from 62.24% a year earlier and down 15.25 percentage points from the prior quarter.

Analysis

Air T Inc (AIRT) Gross Margin (2018 - 2026) Analysis & Trends

On a TTM basis, Air T's Gross Margin came in at 65.66% as of Jun 30, 2026, up 1.68 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 66.65%, up 2.86 percentage points from FY2025.

  • Annual Gross Margin has a five-year change of +46.79 percentage points (FY2021 to FY2026).
  • Across earlier fiscal years, Gross Margin came in at 63.79% in FY2025 (-0.91 pp), 64.70% in FY2024 (-3.06 pp), 67.77% in FY2023 (-32.15 pp) and 99.92% in FY2022 (+80.06 pp).
  • Quarterly Gross Margin has ranged from 18.01% in fiscal Q2 2024 to 289.78% in fiscal Q4 2022 over the past five years.
  • On a year-over-year basis, Gross Margin rose in four of the last eight quarters, with an average year-over-year change of -5.18 percentage points.
  • Peak year-over-year performance for Gross Margin in the last five years was a gain of 268.22 percentage points in fiscal Q4 2022, against a drop of 142.45 percentage points in fiscal Q4 2025 at the low end.
  • Per Business Quant, the preceding three fiscal quarters came in at 76.02% (Q4 2026), 61.68% (Q3 2026) and 59.35% (Q2 2026).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 60.76%
Mar 31, 2026 76.02%
Dec 31, 2025 61.68%
Sep 30, 2025 59.35%
Jun 30, 2025 62.24%
Mar 31, 2025 58.14%
Dec 31, 2024 66.81%
Sep 30, 2024 67.57%
Jun 30, 2024 61.28%
Mar 31, 2024 200.59%
Dec 31, 2023 19.39%
Sep 30, 2023 18.01%
Jun 30, 2023 18.49%
Mar 31, 2023 171.29%
Dec 31, 2022 21.78%
Sep 30, 2022 22.01%
Jun 30, 2022 26.49%
Mar 31, 2022 289.78%
Dec 31, 2021 21.21%
Sep 30, 2021 22.30%
API Access

Air T Inc Gross Margin API

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