AIR T INC reported full-year 2026 revenue of $327.09M and net income of $77.98M, a material improvement from a net loss in 2025, as results benefited from revenue growth, service mix shifts and the acquisition of Rex.
Financial Highlights
| MetricCurrent yearPrior yearYoY change | Revenue¹$327.09M$291.85M12.1% | Net income²$77.98M($6.14M)1370.1% | Diluted EPS³$28.85($2.23)1393.7% |
¹ Reported as “Operating Revenues”. ² Reported as “Net Income (Loss) Attributable to Air T, Inc. Stockholders”. ³ Reported as “Earnings (Loss) per share”.
Business Highlights
- Revenue growth of 12% to $327.1M was driven by strength in Ground Support and Overnight Cargo and by the December 18, 2025 acquisition of Rex, which added Australian regional airline operations and a new footprint.
- GGS saw margin improvement and benefited from backlog timing; Contrail sales declined versus an elevated prior-year period.
- Digital Solutions (WorldACD) expanded about 29%, led by recurring data analytics and airspace management work.
- Management noted short-term integration costs from Rex, including one-time landholder duties, and seasonality that weighed on third- and fourth-quarter results.
Original SEC Filing:
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