Air T (AIRT) Net Income Attributable to Noncontrolling Interests (2015 - 2026)
Air T's Income from Non-Controlling Interests came in at $112,000 for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 88.4% from $965,000 a year earlier and down 97.6% from the prior quarter.
Air T (AIRT) Net Income Attributable to Noncontrolling Interests (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Air T reported Income from Non-Controlling Interests of $5.82 million, up 337.9% year-over-year; for FY2026 (ended Mar 31, 2026), it was $6.67 million, up 814.7% from FY2025.
- Going back by fiscal year, Income from Non-Controlling Interests was $729,000 in FY2025 (-65.9%), $2.14 million in FY2024 (+318.6%), $510,000 in FY2023 (-60.7%) and $1.3 million in FY2022.
- The fiscal Q1 2027 figure represents the lowest quarterly Income from Non-Controlling Interests since fiscal Q4 2025.
- Year-over-year, Income from Non-Controlling Interests increased in three of the last five quarters, with growth averaging 153.4%.
- The fastest year-over-year change in Income from Non-Controlling Interests over five years came in fiscal Q3 2023 (growth of 856.2%), and the weakest in fiscal Q3 2025 (a decline of 93.8%).
- Business Quant data shows AIRT's Income from Non-Controlling Interests at $4.58 million (Q4 2026), $450,000 (Q3 2026) and $678,000 (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 344.88 Bn | 303.40 Bn | 5.02 Bn | 8.00 Mn |
| 2 | Rtx | 264.31 Bn | 232.58 Bn | 5.81 Bn | 125.00 Mn |
| 3 | Boeing | 138.53 Bn | 47.49 Bn | 2.17 Bn | - |
| 4 | Lockheed Martin | 135.47 Bn | 119.71 Bn | 2.44 Bn | - |
| 5 | General Dynamics | 97.88 Bn | 83.12 Bn | 2.25 Bn | - |
| 6 | Motorola Solutions | 86.70 Bn | 83.17 Bn | 1.77 Bn | 2.00 Mn |
| 7 | Howmet Aerospace | 86.21 Bn | 81.96 Bn | 1.00 Bn | - |
| 8 | Northrop Grumman | 77.07 Bn | 64.53 Bn | 2.35 Bn | - |
| 9 | Honeywell International | 72.26 Bn | 31.77 Bn | 2.02 Bn | 12.00 Mn |
| 10 | Air T | 76.86 Mn | -19.06 Mn | 70.16 Mn | 112,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 112,000.00 |
| Mar 31, 2026 | 4.58 Mn |
| Dec 31, 2025 | 450,000.00 |
| Sep 30, 2025 | 678,000.00 |
| Jun 30, 2025 | 965,000.00 |
| Mar 31, 2025 | -134,000.00 |
| Dec 31, 2024 | 54,000.00 |
| Sep 30, 2024 | 443,000.00 |
| Jun 30, 2024 | 367,000.00 |
| Mar 31, 2024 | 760,000.00 |
| Dec 31, 2023 | 870,000.00 |
| Sep 30, 2023 | 1,000.00 |
| Jun 30, 2023 | 504,000.00 |
| Mar 31, 2023 | -715,000.00 |
| Dec 31, 2022 | 698,000.00 |
| Sep 30, 2022 | -104,000.00 |
| Jun 30, 2022 | 631,000.00 |
| Mar 31, 2022 | 740,000.00 |
| Dec 31, 2021 | 73,000.00 |
| Sep 30, 2021 | 448,000.00 |
Air T Net Income Attributable to Noncontrolling Interests 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=income-from-non-controlling-interests&ticker=AIRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=AIRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();