---
schema_version: "secwatch.filing_event.v1"
accession: "0000353184-26-000056"
form_type: "8-K"
ticker: "AIRT"
cik: "0000353184"
company_name: "AIR T INC"
filed_at: "2026-06-29T13:21:14+00:00"
generated_at: "2026-06-29T13:22:48.171045+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Air T Reports Fiscal 2026 Results: Revenue Up 12% to $327.1M, Net Income Per Share $28.85

## Summary
- Revenue increased 12% to $327.1M for fiscal year ended March 31, 2026, driven by Rex acquisition contribution of $55.3M.
- Operating loss was $11.2M compared to operating income of $1.9M in prior year, due to acquisition costs and integration.
- Net income per share of $28.85 vs. net loss per share of $2.23, including $111.2M non-cash bargain purchase gain from Rex acquisition.
- Completed acquisition of Regional Express Holdings (Rex) on December 18, 2025; Crestone merger with Arena expected in Q1 fiscal 2027.
- Adjusted EBITDA improved to $10.1M from $7.4M; GGS segment showed strong recovery with EBITDA swing from -$0.8M to $4.3M.

## SEC filing metadata
- accession: 0000353184-26-000056
- form_type: 8-K
- ticker: AIRT
- cik: 0000353184
- company_name: AIR T INC
- filed_at: 2026-06-29T13:21:14+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/353184/000035318426000056/0000353184-26-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/353184/000035318426000056/airt-20260629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000353184-26-000056
- JSON: https://secwatch.observer/filing/0000353184-26-000056.json
- Plain text: https://secwatch.observer/filing/0000353184-26-000056.txt

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