Air T (AIRT) Gross Margin (2019 - 2026)

Air T's Gross Margin history runs 8 years deep, the most recent figure standing at 98.39% for 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 was 98.39% for Q1 2026 at Air T, up from 92.3% in the prior quarter.
• Across five years, Gross Margin topped out at 100.0% in Q2 2024 and bottomed at 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 tumbled 3654 bps.
• Air T's Gross Margin stood at 74.74% in 2022, then grew by 16 bps to 86.99% in 2023, then dropped by 18 bps to 71.1% in 2024, then increased by 30 bps to 92.3% in 2025, then increased by 7 bps to 98.39% in 2026.
• Business Quant data shows AIRT's Gross Margin at 98.39% in Q1 2026, 92.3% in Q4 2025, and 77.51% in Q3 2025.