AIR T FUNDING 8% ALPHA INCOME TR PFD SECS NEW(R/S) | 8-K: FY2026 Q2 Revenue: USD 64.2 M

Revenue: As of FY2026 Q2, the actual value is USD 64.2 M.

EPS: As of FY2026 Q2, the actual value is USD 1.61.

Segment Revenue

• Total Revenue: $64.2 million for the quarter ended September 30, 2025, a decrease of $17.1 million or 21% from the prior year’s comparable quarter.
• Overnight Air Cargo: Revenue decreased by 4% to $29.9 million, primarily due to lower flight admin fees.
• Ground Support Equipment: Revenue totaled $9.6 million, down 33% from the previous year, mainly due to fewer deicing trucks sold.
• Commercial Aircraft, Engines and Parts: Revenue was $20.9 million, a decrease of $12.0 million, largely due to reduced component sales at Contrail.
• Digital Solutions: Revenue increased to $2.2 million, up by $0.4 million, driven by increased software subscriptions.

Operational Metrics

• Operating Income: $5.5 million, an increase of $1.9 million from the prior year’s comparable quarter.
• Adjusted EBITDA: $7.9 million, compared to $5.0 million in the prior year’s comparable quarter.
• Earnings Per Share: $1.61, compared to $0.91 in the prior year’s comparable quarter.

Cash Flow

• Investment Balance: The investment balance for the Company’s equity method investees was $27.9 million at September 30, 2025, compared to $19.0 million at March 31, 2025.

Unique Metrics

• Contrail’s Financial Position: Contrail eliminated all bank debt and held $6.7 million in cash and cash equivalents as of September 30, 2025.

Outlook / Guidance

• The company is in discussions to acquire Rex Regional Airlines, with an expected closing in December, marking a significant strategic expansion. The company anticipates further updates as the acquisition process unfolds.