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

FIRSTSUN CAPITAL BANCORP is the larger business by last-quarter revenue ($110.0M vs $71.1M, roughly 1.5× AIR T INC). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs -3.4%, a 23.1% gap on every dollar of revenue. Over the past eight quarters, FIRSTSUN CAPITAL BANCORP's revenue compounded faster (6.9% CAGR vs -1.1%).

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.

FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.

AIRT vs FSUN — Head-to-Head

Bigger by revenue
FSUN
FSUN
1.5× larger
FSUN
$110.0M
$71.1M
AIRT
Higher net margin
FSUN
FSUN
23.1% more per $
FSUN
19.6%
-3.4%
AIRT
Faster 2-yr revenue CAGR
FSUN
FSUN
Annualised
FSUN
6.9%
-1.1%
AIRT

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
AIRT
AIRT
FSUN
FSUN
Revenue
$71.1M
$110.0M
Net Profit
$-2.5M
$21.6M
Gross Margin
Operating Margin
-5.3%
Net Margin
-3.4%
19.6%
Revenue YoY
-8.7%
Net Profit YoY
-89.0%
-8.4%
EPS (diluted)
$-0.91
$0.76

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
FSUN
FSUN
Q1 26
$110.0M
Q4 25
$71.1M
$110.2M
Q3 25
$64.2M
$107.3M
Q2 25
$70.9M
$105.6M
Q1 25
$66.3M
$96.2M
Q4 24
$77.9M
$98.7M
Q3 24
$81.2M
$98.2M
Q2 24
$66.4M
$96.2M
Net Profit
AIRT
AIRT
FSUN
FSUN
Q1 26
$21.6M
Q4 25
$-2.5M
$24.8M
Q3 25
$4.4M
$23.2M
Q2 25
$-1.6M
$26.4M
Q1 25
$-7.0M
$23.6M
Q4 24
$-1.3M
$16.4M
Q3 24
$2.5M
$22.4M
Q2 24
$-335.0K
$24.6M
Operating Margin
AIRT
AIRT
FSUN
FSUN
Q1 26
Q4 25
-5.3%
29.0%
Q3 25
8.6%
26.4%
Q2 25
0.6%
31.2%
Q1 25
-3.9%
30.9%
Q4 24
1.8%
20.4%
Q3 24
4.5%
29.1%
Q2 24
-0.9%
32.3%
Net Margin
AIRT
AIRT
FSUN
FSUN
Q1 26
19.6%
Q4 25
-3.4%
22.5%
Q3 25
6.8%
21.6%
Q2 25
-2.3%
25.0%
Q1 25
-10.6%
24.5%
Q4 24
-1.7%
16.6%
Q3 24
3.1%
22.8%
Q2 24
-0.5%
25.5%
EPS (diluted)
AIRT
AIRT
FSUN
FSUN
Q1 26
$0.76
Q4 25
$-0.91
$0.89
Q3 25
$1.61
$0.82
Q2 25
$-0.61
$0.93
Q1 25
$-2.55
$0.83
Q4 24
$-0.47
$0.57
Q3 24
$0.91
$0.79
Q2 24
$-0.12
$0.88

Balance Sheet & Financial Strength

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

Metric
AIRT
AIRT
FSUN
FSUN
Cash + ST InvestmentsLiquidity on hand
$38.0M
$413.7M
Total DebtLower is stronger
$194.2M
Stockholders' EquityBook value
$-1.2M
$1.2B
Total Assets
$381.8M
$8.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRT
AIRT
FSUN
FSUN
Q1 26
$413.7M
Q4 25
$38.0M
$652.6M
Q3 25
$18.6M
$659.9M
Q2 25
$14.9M
$785.1M
Q1 25
$6.4M
$621.4M
Q4 24
$18.5M
$615.9M
Q3 24
$8.6M
$573.7M
Q2 24
$7.8M
$535.8M
Total Debt
AIRT
AIRT
FSUN
FSUN
Q1 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
FSUN
FSUN
Q1 26
$1.2B
Q4 25
$-1.2M
$1.2B
Q3 25
$69.0K
$1.1B
Q2 25
$-4.6M
$1.1B
Q1 25
$-3.2M
$1.1B
Q4 24
$5.1M
$1.0B
Q3 24
$7.0M
$1.0B
Q2 24
$4.1M
$996.6M
Total Assets
AIRT
AIRT
FSUN
FSUN
Q1 26
$8.6B
Q4 25
$381.8M
$8.5B
Q3 25
$184.7M
$8.5B
Q2 25
$190.0M
$8.4B
Q1 25
$173.8M
$8.2B
Q4 24
$187.6M
$8.1B
Q3 24
$197.1M
$8.1B
Q2 24
$175.5M
$8.0B
Debt / Equity
AIRT
AIRT
FSUN
FSUN
Q1 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
FSUN
FSUN
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
FSUN
FSUN
Q1 26
Q4 25
$-18.5M
$111.5M
Q3 25
$-5.4M
$49.4M
Q2 25
$-1.1M
$15.0M
Q1 25
$4.1M
$26.4M
Q4 24
$16.3M
$101.1M
Q3 24
$2.9M
$48.1M
Q2 24
$113.0K
$20.9M
Free Cash Flow
AIRT
AIRT
FSUN
FSUN
Q1 26
Q4 25
$-19.3M
$104.0M
Q3 25
$-5.6M
$47.6M
Q2 25
$-1.3M
$13.0M
Q1 25
$4.0M
$24.3M
Q4 24
$16.0M
$95.7M
Q3 24
$2.7M
$47.1M
Q2 24
$-226.0K
$19.9M
FCF Margin
AIRT
AIRT
FSUN
FSUN
Q1 26
Q4 25
-27.1%
94.3%
Q3 25
-8.8%
44.4%
Q2 25
-1.9%
12.3%
Q1 25
6.0%
25.3%
Q4 24
20.5%
97.0%
Q3 24
3.3%
47.9%
Q2 24
-0.3%
20.6%
Capex Intensity
AIRT
AIRT
FSUN
FSUN
Q1 26
Q4 25
1.1%
6.8%
Q3 25
0.3%
1.6%
Q2 25
0.3%
1.9%
Q1 25
0.2%
2.1%
Q4 24
0.5%
5.5%
Q3 24
0.3%
1.1%
Q2 24
0.5%
1.1%
Cash Conversion
AIRT
AIRT
FSUN
FSUN
Q1 26
Q4 25
4.49×
Q3 25
-1.24×
2.13×
Q2 25
0.57×
Q1 25
1.12×
Q4 24
6.18×
Q3 24
1.16×
2.15×
Q2 24
0.85×

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%

FSUN
FSUN

Net Interest Income$82.8M75%
Noninterest Income$27.2M25%

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