Air T (AIRT) Interest Expenses (2010 - 2026)
Air T's (AIRT) quarterly Interest Expenses came in at $5.1 million in Q1 2026, down 54.11% YoY from $11.1 million in Q1 2025, and up 18.85% on a QoQ basis from $4.3 million in Q4 2025.
Air T (AIRT) Interest Expenses (2010 - 2026) Analysis & Trends
Air T (AIRT) has 17 years of Interest Expenses data on file, last reported at $5.1 million in 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 improved to $5.1 million in Q1 2026, from $4.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $18.3 million in Q2 2025 to a low of $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 sank 61.8%.
- Tracing AIRT's Interest Expenses over 5 years: stood at $6.0 million in 2022, then declined by 13.82% to $5.2 million in 2023, then rose by 28.54% to $6.7 million in 2024, then sank by 35.73% to $4.3 million in 2025, then rose by 18.85% to $5.1 million in 2026.
- The last three Interest Expenses figures came in at $5.1 million (Q1 2026), $4.3 million (Q4 2025), and $4.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.96 Bn | 89.63 Bn | 2.68 Bn | - |
| 2 | Honeywell International | 68.49 Bn | 59.29 Bn | 3.65 Bn | 363.00 Mn |
| 3 | Valmont Industries | 9.42 Bn | 9.28 Bn | 340.82 Mn | 9.43 Mn |
| 4 | Brookfield Business | 5.92 Bn | 1.16 Bn | 1.27 Bn | - |
| 5 | Pampa Energy | 4.32 Bn | 4.31 Bn | 372,128.00 | -67.29 Bn |
| 6 | Seaboard | 4.08 Bn | 2.87 Bn | 221.00 Mn | 20.00 Mn |
| 7 | Otter Tail | 3.82 Bn | 3.47 Bn | 216.33 Mn | 12.89 Mn |
| 8 | Deluxe | 1.08 Bn | 1.05 Bn | 259.60 Mn | 28.00 Mn |
| 9 | Tetra Technologies | 1.00 Bn | 845.50 Mn | 45.71 Mn | 3.27 Mn |
| 10 | Air T | 77.51 Mn | 55.86 Mn | 70.16 Mn | 5.67 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 |