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Side-by-side financial comparison of AIR T INC (AIRT) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

AIR T INC is the larger business by last-quarter revenue ($71.1M vs $70.6M, roughly 1.0× Viridian Therapeutics, Inc.\DE). AIR T INC runs the higher net margin — -3.4% vs -49.0%, a 45.6% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs -8.7%). AIR T INC produced more free cash flow last quarter ($-19.3M vs $-84.7M).

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.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

AIRT vs VRDN — Head-to-Head

Bigger by revenue
AIRT
AIRT
1.0× larger
AIRT
$71.1M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81966.8% gap
VRDN
81958.1%
-8.7%
AIRT
Higher net margin
AIRT
AIRT
45.6% more per $
AIRT
-3.4%
-49.0%
VRDN
More free cash flow
AIRT
AIRT
$65.5M more FCF
AIRT
$-19.3M
$-84.7M
VRDN

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
AIRT
AIRT
VRDN
VRDN
Revenue
$71.1M
$70.6M
Net Profit
$-2.5M
$-34.6M
Gross Margin
Operating Margin
-5.3%
-56.7%
Net Margin
-3.4%
-49.0%
Revenue YoY
-8.7%
81958.1%
Net Profit YoY
-89.0%
54.9%
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
VRDN
VRDN
Q4 25
$71.1M
Q3 25
$64.2M
$70.6M
Q2 25
$70.9M
Q1 25
$66.3M
Q4 24
$77.9M
Q3 24
$81.2M
Q2 24
$66.4M
Q1 24
$72.7M
Net Profit
AIRT
AIRT
VRDN
VRDN
Q4 25
$-2.5M
Q3 25
$4.4M
$-34.6M
Q2 25
$-1.6M
Q1 25
$-7.0M
Q4 24
$-1.3M
Q3 24
$2.5M
Q2 24
$-335.0K
Q1 24
$-1.7M
Operating Margin
AIRT
AIRT
VRDN
VRDN
Q4 25
-5.3%
Q3 25
8.6%
-56.7%
Q2 25
0.6%
Q1 25
-3.9%
Q4 24
1.8%
Q3 24
4.5%
Q2 24
-0.9%
Q1 24
2.0%
Net Margin
AIRT
AIRT
VRDN
VRDN
Q4 25
-3.4%
Q3 25
6.8%
-49.0%
Q2 25
-2.3%
Q1 25
-10.6%
Q4 24
-1.7%
Q3 24
3.1%
Q2 24
-0.5%
Q1 24
-2.3%
EPS (diluted)
AIRT
AIRT
VRDN
VRDN
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
Q1 24
$-0.60

Balance Sheet & Financial Strength

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

Metric
AIRT
AIRT
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$38.0M
$490.9M
Total DebtLower is stronger
$194.2M
Stockholders' EquityBook value
$-1.2M
$503.0M
Total Assets
$381.8M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIRT
AIRT
VRDN
VRDN
Q4 25
$38.0M
Q3 25
$18.6M
$490.9M
Q2 25
$14.9M
Q1 25
$6.4M
Q4 24
$18.5M
Q3 24
$8.6M
Q2 24
$7.8M
Q1 24
$7.6M
Total Debt
AIRT
AIRT
VRDN
VRDN
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
Q1 24
$112.9M
Stockholders' Equity
AIRT
AIRT
VRDN
VRDN
Q4 25
$-1.2M
Q3 25
$69.0K
$503.0M
Q2 25
$-4.6M
Q1 25
$-3.2M
Q4 24
$5.1M
Q3 24
$7.0M
Q2 24
$4.1M
Q1 24
$4.8M
Total Assets
AIRT
AIRT
VRDN
VRDN
Q4 25
$381.8M
Q3 25
$184.7M
$577.1M
Q2 25
$190.0M
Q1 25
$173.8M
Q4 24
$187.6M
Q3 24
$197.1M
Q2 24
$175.5M
Q1 24
$177.2M
Debt / Equity
AIRT
AIRT
VRDN
VRDN
Q4 25
Q3 25
1716.32×
Q2 25
Q1 25
Q4 24
24.03×
Q3 24
18.02×
Q2 24
27.17×
Q1 24
23.67×

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
VRDN
VRDN
Operating Cash FlowLast quarter
$-18.5M
$-84.6M
Free Cash FlowOCF − Capex
$-19.3M
$-84.7M
FCF MarginFCF / Revenue
-27.1%
-120.1%
Capex IntensityCapex / Revenue
1.1%
0.2%
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
VRDN
VRDN
Q4 25
$-18.5M
Q3 25
$-5.4M
$-84.6M
Q2 25
$-1.1M
Q1 25
$4.1M
Q4 24
$16.3M
Q3 24
$2.9M
Q2 24
$113.0K
Q1 24
$-6.0M
Free Cash Flow
AIRT
AIRT
VRDN
VRDN
Q4 25
$-19.3M
Q3 25
$-5.6M
$-84.7M
Q2 25
$-1.3M
Q1 25
$4.0M
Q4 24
$16.0M
Q3 24
$2.7M
Q2 24
$-226.0K
Q1 24
$-6.4M
FCF Margin
AIRT
AIRT
VRDN
VRDN
Q4 25
-27.1%
Q3 25
-8.8%
-120.1%
Q2 25
-1.9%
Q1 25
6.0%
Q4 24
20.5%
Q3 24
3.3%
Q2 24
-0.3%
Q1 24
-8.8%
Capex Intensity
AIRT
AIRT
VRDN
VRDN
Q4 25
1.1%
Q3 25
0.3%
0.2%
Q2 25
0.3%
Q1 25
0.2%
Q4 24
0.5%
Q3 24
0.3%
Q2 24
0.5%
Q1 24
0.5%
Cash Conversion
AIRT
AIRT
VRDN
VRDN
Q4 25
Q3 25
-1.24×
Q2 25
Q1 25
Q4 24
Q3 24
1.16×
Q2 24
Q1 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%

VRDN
VRDN

Segment breakdown not available.

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