Company: AIRTP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0000353184-25-000126
Chunk: 52

Company: AIR T INC
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 52
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 CargoUnited States$28,455 $31,137 $57,701 $60,680 Foreign1,469 50 2,812 890 Total Overnight Air Cargo29,924 31,187 60,513 61,570 Commercial Aircraft, Engines and PartsUnited States11,263 22,695 24,765 41,155 Foreign9,617 10,231 18,075 18,021 Total Commercial Aircraft, Engines and Parts20,880 32,926 42,840 59,176 Ground Support EquipmentUnited States8,962 13,872 23,655 19,671 Foreign675 582 1,052 2,138 Total Ground Support Equipment9,637 14,454 24,707 21,809 Digital SolutionsUnited States464 553 955 855 Foreign1,745 1,283 3,350 2,660 Total Digital Solutions2,209 1,836 4,305 3,515 Corporate and OtherUnited States1,338 730 2,474 1,551 Foreign162 109 181 33 Total Corporate and Other1,500 839 2,655 1,584 Total revenue$64,150 $81,242 $135,020 $147,654 

17.    Segment Information

Air T's portfolio of businesses are managed on a highly decentralized basis. These businesses are aggregated into operating segments in a manner that reflects how Air T views the business activities. The Company's chief operating decision maker is the Chief Executive Officer. The Chief Executive Officer is ultimately responsible for significant capital allocation decisions and evaluating operating performance. In assessing performance for the Company's businesses, the chief operating decision maker ("CODM") reviews operating income and Adjusted EBITDA. Certain operating segments are aggregated into reportable segments.Effective as of the fourth quarter of fiscal year 2025, the Company renamed the ground equipment sales segment to ground support equipment and renamed the commercial jet engines and parts segment to commercial aircraft, engines and parts to better align the descriptions of the segments with their activities.Additionally, the Company elected to separately disclose the digital solutions segment, as of the fourth quarter of fiscal year 2025, to align presentation in the financial statements with a key anticipated long-term growth area for the Company. Digital solutions was 

29

previously classified as part of insignificant business activities