AIR T INCAIRTEarnings & Financial Report
Atlas Air, Inc. is a major American cargo airline, passenger charter airline, and aircraft lessor based in White Plains, New York. It is a wholly owned subsidiary of Atlas Air Worldwide Holdings. Atlas Air is the world's largest operator of the Boeing 747, with 61 of the type. In 2021, the airline had 4,056 employees and operated to more than 300 global destinations.
AIRT Q3 2026 Key Financial Metrics
Revenue
$71.1M
Gross Profit
N/A
Operating Profit
$-3.8M
Net Profit
$-2.5M
Gross Margin
N/A
Operating Margin
-5.3%
Net Margin
-3.4%
YoY Growth
-8.7%
EPS
$-0.91
Financial Flow
AIR T INC Q3 2026 Financial Summary
AIR T INC reported revenue of $71.1M for Q3 2026, with a net profit of $-2.5M (-3.4% margin). Cost of goods sold was N/A, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $71.1M |
|---|---|
| Net Profit | $-2.5M |
| Gross Margin | N/A |
| Operating Margin | -5.3% |
| Report Period | Q3 2026 |
AIR T INC Annual Revenue by Year
AIR T INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $291.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $291.9M |
| 2024 | $286.8M |
| 2023 | $247.3M |
| 2022 | $177.1M |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $72.7M | $66.4M | $81.2M | $77.9M | $66.3M | $70.9M | $64.2M | $71.1M |
| YoY Growth | -2.3% | -7.0% | 2.9% | 22.2% | -8.8% | 6.7% | -21.0% | -8.7% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $177.2M | $175.5M | $197.1M | $187.6M | $173.8M | $190.0M | $184.7M | $381.8M |
| Liabilities | $158.4M | $162.9M | $181.0M | $173.6M | $168.2M | $184.7M | $177.4M | $375.9M |
| Equity | $4.8M | $4.1M | $7.0M | $5.1M | $-3.2M | $-4.6M | $69000 | $-1.2M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-6.0M | $113000 | $2.9M | $16.3M | $4.1M | $-1.1M | $-5.4M | $-18.5M |