Air T (AIRT) Operating Expenses (2010 - 2026)

Air T's Operating Expenses history runs 17 years deep, the most recent figure standing at $134.7 million for Q1 2026.

• Quarterly Operating Expenses changed N/A year-over-year to $134.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $345.7 million (down 5.45% YoY) and the FY2026 annual result came in at $345.3 million, up 19.1% from the prior year.
• Operating Expenses was $134.7 million for Q1 2026 at Air T, up from $74.9 million in the prior quarter.
• Across five years, Operating Expenses topped out at $221.0 million in Q4 2024 and bottomed at $50.0 million in Q2 2022.
• A 5-year average of $104.4 million and a median of $74.9 million in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses surged 42.26% — and 2025, when it slumped 66.11%.
• Air T's Operating Expenses stood at $171.8 million in 2022, then gained by 24.76% to $214.3 million in 2023, then grew by 3.13% to $221.0 million in 2024, then slumped by 66.11% to $74.9 million in 2025, then soared by 79.83% to $134.7 million in 2026.
• Business Quant data shows AIRT's Operating Expenses at $134.7 million in Q1 2026, $74.9 million in Q4 2025, and $65.7 million in Q3 2025.