Here are the 10-K annual reports from Air T Inc (AIRT) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow AIRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIRT filings page.
Air T, Inc. files its annual report describing a diversified holding company focused on growing free cash flow per share through aviation and related businesses. The company operates five core segments: overnight air cargo, ground support equipment, commercial aircraft, engines and parts, digital solutions, and a newly created regional airline segment from its acquisition of Regional Express Holdings Pty Ltd in Australia.
The overnight air cargo segment relies heavily on long‑standing dry‑lease arrangements with FedEx, which provided about 35% of consolidated revenue in the year ended March 31, 2026. Ground Support Equipment is centered on deicing trucks and related equipment, including a multi‑year U.S. Air Force contract, while the commercial aircraft, engines and parts segment trades, leases, stores and disassembles aircraft and engines. Digital solutions provide data and software to aviation customers.
The Rex acquisition adds a 98‑aircraft regional airline network in Australia, extensive regulated routes and government‑backed facilities tied to strict operating commitments. The report highlights significant leverage, concentrated ownership—two holders control about 67% of common stock—and key risks including FedEx customer concentration, refinancing needs, cybersecurity, regulatory compliance, and integration and labor risks at Rex.