Air T (AIRT) Operating Income (2010 - 2026)
Air T (AIRT) posted Operating Income of -$13.8 million for Q1 2026, down 264.31% on a QoQ basis from -$3.8 million in Q4 2025, and down 917.27% year-over-year from $1.7 million in Q1 2025.
Air T (AIRT) Operating Income (2010 - 2026) Analysis & Trends
Air T's Operating Income history runs 17 years deep, the most recent figure standing at -$13.8 million for Q1 2026.
- Quarterly Operating Income fell 917.27% year-over-year to -$13.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$11.6 million (down 225.86% YoY) and the FY2026 annual result came in at -$11.2 million, down 686.84% from the prior year.
- Operating Income was -$13.8 million for Q1 2026 at Air T, down from -$3.8 million in the prior quarter.
- Across five years, Operating Income topped out at $17.2 million in Q3 2022 and bottomed at -$13.8 million in Q1 2026.
- A 5-year average of $2.6 million and a median of $2.0 million in 2022 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income surged 378.98% — and 2026, when it plunged 917.27%.
- Air T's Operating Income stood at $1.1 million in 2022, then plunged by 240.19% to -$1.6 million in 2023, then jumped by 378.98% to $4.5 million in 2024, then slumped by 184.26% to -$3.8 million in 2025, then plunged by 264.31% to -$13.8 million in 2026.
- Business Quant data shows AIRT's Operating Income at -$13.8 million in Q1 2026, -$3.8 million in Q4 2025, and $5.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 984.00 Mn |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | 1.79 Bn |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 155.63 Mn |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | 1.61 Bn |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 96.00 Mn |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 85.24 Mn |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 12.82 Mn |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 71.80 Mn |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | -3.18 Mn |
| 10 | Air T | 83.39 Mn | 72.38 Mn | 118.99 Mn | -13.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.77 Mn |
| Dec 31, 2025 | -3.78 Mn |
| Sep 30, 2025 | 5.51 Mn |
| Jun 30, 2025 | 446,000.00 |
| Mar 31, 2025 | 1.69 Mn |
| Dec 31, 2024 | 4.49 Mn |
| Sep 30, 2024 | 3.62 Mn |
| Jun 30, 2024 | -577,000.00 |
| Mar 31, 2024 | 1.21 Mn |
| Dec 31, 2023 | -1.61 Mn |
| Sep 30, 2023 | 9.10 Mn |
| Jun 30, 2023 | 9.25 Mn |
| Mar 31, 2023 | 5.26 Mn |
| Dec 31, 2022 | 1.15 Mn |
| Sep 30, 2022 | 17.17 Mn |
| Jun 30, 2022 | 3.79 Mn |
| Mar 31, 2022 | 1.98 Mn |
| Dec 31, 2021 | 724,000.00 |
| Sep 30, 2021 | -6.54 Mn |
| Jun 30, 2021 | -5.21 Mn |