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Side-by-side financial comparison of AIR T INC (AIRT) and CLPS Inc (CLPS). Click either name above to swap in a different company.

CLPS Inc is the larger business by last-quarter revenue ($82.8M vs $71.1M, roughly 1.2× AIR T INC). CLPS Inc runs the higher net margin — 0.2% vs -3.4%, a 3.7% gap on every dollar of revenue.

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.

CLPS Inc is a global information technology, consulting and digital solutions provider primarily serving the financial services sector, including banking, insurance and asset management clients. It also offers tailored tech solutions for retail, healthcare and e-commerce segments, with operating footprints across North America, Asia Pacific and Europe.

AIRT vs CLPS — Head-to-Head

Bigger by revenue
CLPS
CLPS
1.2× larger
CLPS
$82.8M
$71.1M
AIRT
Higher net margin
CLPS
CLPS
3.7% more per $
CLPS
0.2%
-3.4%
AIRT

Income Statement — Q3 FY2026 vs Q4 FY2026

Metric
AIRT
AIRT
CLPS
CLPS
Revenue
$71.1M
$82.8M
Net Profit
$-2.5M
$183.0K
Gross Margin
23.1%
Operating Margin
-5.3%
0.2%
Net Margin
-3.4%
0.2%
Revenue YoY
-8.7%
Net Profit YoY
-89.0%
EPS (diluted)
$-0.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIRT
AIRT
CLPS
CLPS
Q2 26
$82.8M
Q4 25
$71.1M
Q3 25
$64.2M
Q2 25
$70.9M
Q1 25
$66.3M
Q4 24
$77.9M
$71.8M
Q3 24
$81.2M
Q2 24
$66.4M
Net Profit
AIRT
AIRT
CLPS
CLPS
Q2 26
$183.0K
Q4 25
$-2.5M
Q3 25
$4.4M
Q2 25
$-1.6M
Q1 25
$-7.0M
Q4 24
$-1.3M
$-993.5K
Q3 24
$2.5M
Q2 24
$-335.0K
Gross Margin
AIRT
AIRT
CLPS
CLPS
Q2 26
23.1%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
21.9%
Q3 24
Q2 24
Operating Margin
AIRT
AIRT
CLPS
CLPS
Q2 26
0.2%
Q4 25
-5.3%
Q3 25
8.6%
Q2 25
0.6%
Q1 25
-3.9%
Q4 24
1.8%
-1.3%
Q3 24
4.5%
Q2 24
-0.9%
Net Margin
AIRT
AIRT
CLPS
CLPS
Q2 26
0.2%
Q4 25
-3.4%
Q3 25
6.8%
Q2 25
-2.3%
Q1 25
-10.6%
Q4 24
-1.7%
-1.4%
Q3 24
3.1%
Q2 24
-0.5%
EPS (diluted)
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
$-0.91
Q3 25
$1.61
Q2 25
$-0.61
Q1 25
$-2.55
Q4 24
$-0.47
Q3 24
$0.91
Q2 24
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIRT
AIRT
CLPS
CLPS
Cash + ST InvestmentsLiquidity on hand
$38.0M
$29.1M
Total DebtLower is stronger
$194.2M
Stockholders' EquityBook value
$-1.2M
$57.6M
Total Assets
$381.8M
$118.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRT
AIRT
CLPS
CLPS
Q2 26
$29.1M
Q4 25
$38.0M
Q3 25
$18.6M
Q2 25
$14.9M
Q1 25
$6.4M
Q4 24
$18.5M
$31.2M
Q3 24
$8.6M
Q2 24
$7.8M
Total Debt
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
$194.2M
Q3 25
$118.4M
Q2 25
$123.8M
Q1 25
$110.3M
Q4 24
$122.9M
Q3 24
$126.8M
Q2 24
$112.0M
Stockholders' Equity
AIRT
AIRT
CLPS
CLPS
Q2 26
$57.6M
Q4 25
$-1.2M
Q3 25
$69.0K
Q2 25
$-4.6M
Q1 25
$-3.2M
Q4 24
$5.1M
$63.9M
Q3 24
$7.0M
Q2 24
$4.1M
Total Assets
AIRT
AIRT
CLPS
CLPS
Q2 26
$118.1M
Q4 25
$381.8M
Q3 25
$184.7M
Q2 25
$190.0M
Q1 25
$173.8M
Q4 24
$187.6M
$110.0M
Q3 24
$197.1M
Q2 24
$175.5M
Debt / Equity
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
Q3 25
1716.32×
Q2 25
Q1 25
Q4 24
24.03×
Q3 24
18.02×
Q2 24
27.17×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIRT
AIRT
CLPS
CLPS
Operating Cash FlowLast quarter
$-18.5M
Free Cash FlowOCF − Capex
$-19.3M
FCF MarginFCF / Revenue
-27.1%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-22.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
$-18.5M
Q3 25
$-5.4M
Q2 25
$-1.1M
Q1 25
$4.1M
Q4 24
$16.3M
Q3 24
$2.9M
Q2 24
$113.0K
Free Cash Flow
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
$-19.3M
Q3 25
$-5.6M
Q2 25
$-1.3M
Q1 25
$4.0M
Q4 24
$16.0M
Q3 24
$2.7M
Q2 24
$-226.0K
FCF Margin
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
-27.1%
Q3 25
-8.8%
Q2 25
-1.9%
Q1 25
6.0%
Q4 24
20.5%
Q3 24
3.3%
Q2 24
-0.3%
Capex Intensity
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
1.1%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
0.2%
Q4 24
0.5%
Q3 24
0.3%
Q2 24
0.5%
Cash Conversion
AIRT
AIRT
CLPS
CLPS
Q2 26
Q4 25
Q3 25
-1.24×
Q2 25
Q1 25
Q4 24
Q3 24
1.16×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIRT
AIRT

Overnight Air Cargo Segment$30.6M43%
Commercial Aircraft Engines And Parts Segment$13.5M19%
Ground Support Equipment Segment$12.6M18%
Products$11.7M17%
Digital Solutions Segment$1.9M3%
Corporate And Other Income$1.3M2%

CLPS
CLPS

Segment breakdown not available.

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