Air T annual free cash flow
2011
2012
2013
2014
2015
2016
2017
2018
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2020
2021
2022
2023
2024
2025
2026
Air T Free Cash Flow (FCF) History (AIRT)
Air T reported −$41.5M in free cash flow for fiscal 2026, a decrease of $63.9M from the previous fiscal year, with a free cash flow margin of −12.70%.
View full Air T company overviewAir T free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2026 | 2026-03-31 | −$41.5M | −$63.9M | — | −12.70% |
| 2025 | 2025-03-31 | $22.4M | $6.3M | +39.21% | +7.68% |
| 2024 | 2024-03-31 | $16.1M | $371,000 | +2.36% | +5.61% |
| 2023 | 2023-03-31 | $15.7M | $50.3M | — | +6.36% |
| 2022 | 2022-03-31 | −$34.6M | −$28.9M | — | −19.55% |
| 2021 | 2021-03-31 | −$5.7M | $21.8M | — | −3.27% |
| 2020 | 2020-03-31 | −$27.5M | −$47.3M | — | −11.62% |
| 2019 | 2019-03-31 | $19.8M | $22.2M | — | +9.17% |
| 2018 | 2018-03-31 | −$2.4M | $7.5M | — | −1.23% |
| 2017 | 2017-03-31 | −$9.9M | −$11.9M | — | −6.67% |
| 2016 | 2016-03-31 | $2.0M | −$4.1M | −67.41% | +1.33% |
| 2015 | 2015-03-31 | $6.0M | $7.9M | — | +5.38% |
| 2014 | 2014-03-31 | −$1.8M | −$5.8M | — | −1.82% |
| 2013 | 2013-03-31 | $4.0M | $5.7M | — | +3.87% |
| 2012 | 2012-03-31 | −$1.8M | $3.0M | — | −1.96% |
| 2011 | 2011-03-31 | −$4.8M | — | — | −5.72% |
Air T quarterly free cash flow
Q1.11
Q2.11
Q3.11
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Q2.13
Q3.13
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Q1.16
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Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
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Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
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Q4.20
Q1.21
Q2.21
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Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | −$24.2M | −$22.8M | — | −20.92% |
| Q4 2026 | 2026-03-31 | −$15.3M | −$19.3M | — | −12.65% |
| Q3 2026 | 2025-12-31 | −$19.3M | −$35.3M | — | −27.10% |
| Q2 2026 | 2025-09-30 | −$5.6M | −$8.3M | — | −8.76% |
| Q1 2026 | 2025-06-30 | −$1.3M | −$1.1M | — | −1.87% |
| Q4 2025 | 2025-03-31 | $4.0M | $10.3M | — | +5.99% |
| Q3 2025 | 2024-12-31 | $16.0M | $8.9M | +124.25% | +20.52% |
| Q2 2025 | 2024-09-30 | $2.7M | −$9.6M | −78.07% | +3.31% |
| Q1 2025 | 2024-06-30 | −$226,000 | −$3.3M | — | −0.34% |
| Q4 2024 | 2024-03-31 | −$6.4M | −$26.9M | — | −8.76% |
| Q3 2024 | 2023-12-31 | $7.1M | −$2.8M | −27.91% | +11.18% |
| Q2 2024 | 2023-09-30 | $12.3M | $24.1M | — | +15.53% |
| Q1 2024 | 2023-06-30 | $3.1M | $6.0M | — | +4.31% |
| Q4 2023 | 2023-03-31 | $20.6M | $34.3M | — | +27.63% |
| Q3 2023 | 2022-12-31 | $9.9M | $7.2M | +266.15% | +16.10% |
| Q2 2023 | 2022-09-30 | −$11.8M | $2.8M | — | −19.49% |
| Q1 2023 | 2022-06-30 | −$2.9M | $6.1M | — | −5.67% |
| Q4 2022 | 2022-03-31 | −$13.7M | −$18.1M | — | −26.67% |
| Q3 2022 | 2021-12-31 | $2.7M | $5.4M | — | +5.94% |
| Q2 2022 | 2021-09-30 | −$14.6M | −$11.2M | — | −33.85% |
| Q1 2022 | 2021-06-30 | −$9.0M | −$5.0M | — | −24.23% |
| Q4 2021 | 2021-03-31 | $4.4M | $21.2M | — | +9.32% |
| Q3 2021 | 2020-12-31 | −$2.7M | $8.0M | — | −4.91% |
| Q2 2021 | 2020-09-30 | −$3.4M | $1.7M | — | −9.57% |
| Q1 2021 | 2020-06-30 | −$3.9M | −$9.1M | — | −10.61% |
| Q4 2020 | 2020-03-31 | −$16.8M | −$17.3M | — | −29.44% |
| Q3 2020 | 2019-12-31 | −$10.7M | $3.4M | — | −14.65% |
| Q2 2020 | 2019-09-30 | −$5.1M | $14.2M | — | −10.08% |
| Q1 2020 | 2019-06-30 | $5.1M | −$9.1M | −63.96% | +9.22% |
| Q4 2019 | 2019-03-31 | $492,366 | $22.2M | — | +0.84% |
| Q3 2019 | 2018-12-31 | −$14.1M | −$8.4M | — | −25.42% |
| Q2 2019 | 2018-09-30 | −$19.4M | −$20.8M | — | −47.37% |
| Q1 2019 | 2018-06-30 | $14.3M | $16.9M | — | +23.42% |
| Q4 2018 | 2018-03-31 | −$21.7M | −$24.0M | — | −40.60% |
| Q3 2018 | 2017-12-31 | −$5.7M | −$8.2M | — | −12.86% |
| Q2 2018 | 2017-09-30 | $1.4M | $10.8M | — | +2.89% |
| Q1 2018 | 2017-06-30 | −$2.6M | $2.6M | — | −5.52% |
| Q4 2017 | 2017-03-31 | $2.3M | $2.3M | +7283.73% | +5.24% |
| Q3 2017 | 2016-12-31 | $2.5M | −$4.0M | −61.54% | +6.92% |
| Q2 2017 | 2016-09-30 | −$9.4M | −$9.6M | — | −24.37% |
| Q1 2017 | 2016-06-30 | −$5.3M | −$543,123 | — | −17.31% |
| Q4 2016 | 2016-03-31 | $31,015 | $1.2M | — | +0.09% |
| Q3 2016 | 2015-12-31 | $6.4M | −$997,741 | −13.43% | +13.80% |
| Q2 2016 | 2015-09-30 | $239,932 | $429,577 | — | +0.54% |
| Q1 2016 | 2015-06-30 | −$4.7M | −$2.8M | — | −21.17% |
| Q4 2015 | 2015-03-31 | −$1.2M | $449,616 | — | −4.86% |
| Q3 2015 | 2014-12-31 | $7.4M | $2.0M | +37.76% | +24.05% |
| Q2 2015 | 2014-09-30 | −$189,645 | $4.7M | — | −0.55% |
| Q1 2015 | 2014-06-30 | −$1.9M | −$1.3M | — | −8.91% |
| Q4 2014 | 2014-03-31 | −$1.7M | −$10.6M | — | −6.52% |
| Q3 2014 | 2013-12-31 | $5.4M | $9.3M | — | +18.08% |
| Q2 2014 | 2013-09-30 | −$4.9M | −$3.7M | — | −20.39% |
| Q1 2014 | 2013-06-30 | −$639,411 | −$858,005 | — | −3.00% |
| Q4 2013 | 2013-03-31 | $8.9M | $8.4M | +1688.56% | +28.98% |
| Q3 2013 | 2012-12-31 | −$3.9M | −$1.1M | — | −14.68% |
| Q2 2013 | 2012-09-30 | −$1.2M | −$3.2M | — | −5.72% |
| Q1 2013 | 2012-06-30 | $218,594 | $1.6M | — | +0.89% |
| Q4 2012 | 2012-03-31 | $497,568 | $231,814 | +87.23% | +2.29% |
| Q3 2012 | 2011-12-31 | −$2.8M | −$3.0M | — | −11.00% |
| Q2 2012 | 2011-09-30 | $1.9M | $6.1M | — | +7.64% |
| Q1 2012 | 2011-06-30 | −$1.4M | −$338,705 | — | −8.31% |
| Q4 2011 | 2011-03-31 | $265,754 | — | — | +1.03% |
| Q3 2011 | 2010-12-31 | $142,300 | — | — | +0.64% |
| Q2 2011 | 2010-09-30 | −$4.1M | — | — | −20.54% |
| Q1 2011 | 2010-06-30 | −$1.0M | — | — | −6.91% |
Air T free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$5.7M to −$41.5M, a net decrease of $35.8M. Air T's latest reported quarter, Q1 2027, generated −$24.2M in free cash flow, a decrease of $22.8M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Air T filings at SEC.gov ↗