Air T (AIRT) Interest Expenses (2010 - 2026)
Air T (AIRT) posted Interest Expenses of $5.1 million for Q1 2026, up 18.85% on a QoQ basis from $4.3 million in Q4 2025, and down 54.11% year-over-year from $11.1 million in Q1 2025.
Air T (AIRT) Interest Expenses (2010 - 2026) Analysis & Trends
Air T's Interest Expenses history runs 17 years deep, the most recent figure standing at $5.1 million for Q1 2026.
- Quarterly Interest Expenses fell 54.11% year-over-year to $5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.1 million (up 72.17% YoY) and the FY2026 annual result came in at $22.0 million, up 98.14% from the prior year.
- Interest Expenses was $5.1 million for Q1 2026 at Air T, up from $4.3 million in the prior quarter.
- Across five years, Interest Expenses topped out at $18.3 million in Q2 2025 and bottomed at $182000.0 in Q1 2022.
- A 5-year average of $6.8 million and a median of $5.4 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 301.63% — and 2023, when it plunged 61.8%.
- Air T's Interest Expenses stood at $6.0 million in 2022, then retreated by 13.82% to $5.2 million in 2023, then advanced by 28.54% to $6.7 million in 2024, then tumbled by 35.73% to $4.3 million in 2025, then advanced by 18.85% to $5.1 million in 2026.
- Business Quant data shows AIRT's Interest Expenses at $5.1 million in Q1 2026, $4.3 million in Q4 2025, and $4.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 202.00 Mn |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | 363.00 Mn |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 9.41 Mn |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | - |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 39.00 Mn |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 12.64 Mn |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 3.24 Mn |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 27.70 Mn |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 10.04 Mn |
| 10 | Air T | 83.39 Mn | 72.38 Mn | 118.99 Mn | 5.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.10 Mn |
| Mar 31, 2026 | 5.10 Mn |
| Dec 31, 2025 | 4.29 Mn |
| Dec 31, 2025 | 4.29 Mn |
| Sep 30, 2025 | 4.23 Mn |
| Sep 30, 2025 | 4.23 Mn |
| Jun 30, 2025 | 18.27 Mn |
| Jun 30, 2025 | 18.27 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Dec 31, 2024 | 6.67 Mn |
| Dec 31, 2024 | 6.67 Mn |
| Sep 30, 2024 | 2.16 Mn |
| Sep 30, 2024 | 2.16 Mn |
| Jun 30, 2024 | 4.59 Mn |
| Jun 30, 2024 | 4.59 Mn |
| Mar 31, 2024 | 9.97 Mn |
| Mar 31, 2024 | 9.97 Mn |
| Dec 31, 2023 | 5.19 Mn |
| Dec 31, 2023 | 5.19 Mn |