Air T (AIRT) Gross Margin (2019 - 2026)
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.
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Analysis
Air T (AIRT) Gross Margin (2019 - 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
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 348.08 Bn | 306.60 Bn | 5.02 Bn | 35.57% |
| 2 | Rtx | 265.63 Bn | 233.90 Bn | 5.81 Bn | 23.25% |
| 3 | Boeing | 136.74 Bn | 45.69 Bn | 2.17 Bn | 8.96% |
| 4 | Lockheed Martin | 135.57 Bn | 119.80 Bn | 2.44 Bn | 11.76% |
| 5 | General Dynamics | 97.85 Bn | 83.08 Bn | 2.25 Bn | 15.44% |
| 6 | Motorola Solutions | 87.60 Bn | 84.06 Bn | 1.77 Bn | 52.37% |
| 7 | Howmet Aerospace | 85.98 Bn | 81.73 Bn | 1.00 Bn | 37.11% |
| 8 | Northrop Grumman | 76.55 Bn | 64.01 Bn | 2.35 Bn | 21.15% |
| 9 | Honeywell International | 72.76 Bn | 32.28 Bn | 2.02 Bn | 40.41% |
| 10 | Air T | 76.70 Mn | -19.22 Mn | 70.16 Mn | 60.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=AIRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "AIRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=AIRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();