Filing Flows › Air T (AIRT) › Q1 FY27 › vs Q4 FY26
Air T (AIRT) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Air T's revenue fell $5.5M (-5%) from $121M in Q4 FY26 to $115M in Q1 FY27.
Air T, Q1 FY27: revenue $115M (+63% year over year), operating margin -11.1%, net loss $15.7M, operating cash flow −$2.8M. The chart draws each line against Q4 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $115M | $121M | −$5.5M | -5% |
| Net loss | $15.7M | −$82.3M | $98.0M | — |
| Costs & expenses | $131M | $217M | −$85.8M | -40% |
| Operating costs | $128M | $135M | −$6.4M | -5% |
| Interest & other, net | $2.2M | −$95.2M | $97.5M | — |
| Income tax | $660K | −$817K | $1.5M | — |
| General & admin | $29.6M | $31.1M | −$1.4M | -5% |
| Other operating costs | $98.6M | $104M | −$5.0M | -5% |
| Operating cash sources | $15.7M | −$82.3M | $98.0M | — |
| Depreciation & amortization | $9.9M | $8.6M | $1.2M | +14% |
| Working capital & other | $3.0M | −$91.0M | $94.0M | — |
| Cash used in operations | $2.8M | $44K | $2.8M | 64× |
| Net loss absorbed | $15.7M | −$82.3M | $98.0M | — |
Questions
How much did Air T's revenue grow quarter over quarter in Q1 FY27?
Air T's revenue fell $5.5M (-5%) from $121M in Q4 FY26 to $115M in Q1 FY27.