---
schema_version: "secwatch.filing_event.v1"
accession: "0000353184-26-000017"
form_type: "8-K"
ticker: "AIRT"
cik: "0000353184"
company_name: "AIR T INC"
filed_at: "2026-02-13T23:59:59+00:00"
generated_at: "2026-05-16T02:51:30.762455+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Air T posts Q3 operating loss of $3.8M; acquires Rex with $95.8M bargain gain

## Summary
- Revenue $71.1M (-9% YoY); operating loss $3.8M vs prior year income $1.4M; EPS $(0.91).
- Acquired Rex Regional Airlines on Dec 18, 2025 for $11M; preliminary bargain purchase gain $95.8M.
- Rex contributed $5.2M revenue (13 days) and $1.5M net loss in Q3.
- Ground Support Equipment segment revenue up 8% to $12.8M; backlog doubles to $12.9M.
- Commercial Aircraft segment revenue fell 42% to $18.8M; adj EBITDA swung to loss of $0.2M.

## SEC filing metadata
- accession: 0000353184-26-000017
- form_type: 8-K
- ticker: AIRT
- cik: 0000353184
- company_name: AIR T INC
- filed_at: 2026-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/353184/000035318426000017/0000353184-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/353184/000035318426000017/airt-20260213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000353184-26-000017
- JSON: https://secwatch.observer/filing/0000353184-26-000017.json
- Plain text: https://secwatch.observer/filing/0000353184-26-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.