AIRTP (AIRTP) financial statements
AIRTP reported revenue of $327M in fiscal 2026, up 9.2% a year over 9 years.
Net income was $78M and the operating margin -3.4%, against -2.1% in 2017.
Free cash flow was -$42M, and the company returned $28,000 in net buybacks.
The diluted share count fell 15% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from AIRTP's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $148M | $195M | $216M | $237M | $175M | $177M | $247M | $287M | $292M | $327M |
| Research and development | $1M | $195,653 | — | — | — | — | — | — | — | — |
| Selling, general and admin | $22M | $29M | $34M | $40M | $34M | $30M | $43M | $51M | $58M | $81M |
| Operating income | -$3M | $4M | $9M | $7M | -$9M | $9M | -$4M | $1M | $2M | -$11M |
| Interest expense | — | $2M | $3M | $5M | $5M | $5M | $8M | $7M | $8M | $12M |
| Pre-tax income | -$4M | $3M | $6M | $3M | -$12M | $13M | -$11M | -$4M | -$5M | $86M |
| Income tax | $725,000 | $195,000 | $2M | -$544,000 | -$3M | $1M | $432,000 | $729,000 | $423,000 | $1M |
| Net income | -$3M | $2M | $1M | $8M | -$7M | $11M | -$12M | -$7M | -$6M | $78M |
| EPS (diluted) | -$1.01 | $0.74 | $0.44 | $2.73 | -$2.53 | $3.78 | -$4.32 | -$2.42 | -$2.23 | $28.85 |
| Diluted shares | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M | 3M |
| Operating margin | -2.1% | 2.2% | 4.3% | 3.1% | -5.2% | 4.9% | -1.8% | 0.4% | 0.7% | -3.4% |
| Net margin | -2.2% | 1.2% | 0.6% | 3.2% | -4.2% | 6.2% | -5.0% | -2.4% | -2.1% | 23.8% |
Balance sheet
Fiscal years, from AIRTP's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $5M | $5M | $14M | $8M | $12M | $6M | $6M | $8M | $6M | $21M |
| Receivables | $19M | $15M | $11M | $13M | $7M | $20M | $27M | $23M | $24M | $40M |
| Inventory | $20M | $34M | $27M | $61M | $72M | $75M | $71M | $61M | $39M | $77M |
| Total current assets | $49M | $62M | $71M | $98M | $106M | $128M | $117M | $103M | $79M | $160M |
| Property, plant and equipment | $5M | $5M | $4M | $5M | $9M | $21M | $21M | $21M | $20M | $162M |
| Goodwill | $4M | $4M | $4M | $4M | $4M | $10M | $11M | $11M | $11M | $12M |
| Total assets | $65M | $97M | $115M | $151M | $141M | $208M | $190M | $177M | $174M | $409M |
| Total current liabilities | $20M | $31M | $53M | $68M | $28M | $31M | $64M | $47M | $48M | $96M |
| Total liabilities | $42M | $71M | $86M | $120M | $119M | $171M | $164M | $158M | $168M | $318M |
| Shareholders' equity | $23M | $25M | $24M | $24M | $14M | $25M | $12M | $5M | -$3M | $80M |
| Net debt | -$3M | -$5M | -$12M | -$6M | -$11M | -$6M | -$6M | -$7M | -$6M | -$20M |
Cash flow
Fiscal years, from AIRTP's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$8M | -$277,837 | $21M | -$25M | -$2M | -$33M | $17M | $17M | $23M | -$25M |
| Capital spending | $2M | $2M | $1M | $2M | $4M | $2M | $1M | $1M | $1M | $16M |
| Free cash flow | -$10M | -$2M | $20M | -$28M | -$6M | -$35M | $16M | $16M | $22M | -$42M |
| Share buybacks (net) | -$8M | — | -$744,173 | — | — | — | — | -$876,000 | -$1M | -$28,000 |
| Net borrowing | — | $34M | $12M | -$11M | $32M | $30M | -$17M | -$3M | -$10M | $76M |
| Free cash flow margin | -6.7% | -1.2% | 9.2% | -11.6% | -3.3% | -19.5% | 6.4% | 5.6% | 7.7% | -12.7% |
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Open AIRTP in InvestinglyQuestions
What was AIRTP's revenue in 2026?
$327M in fiscal 2026, from its 10-K filing.
How much free cash flow does AIRTP generate?
-$42M in fiscal 2026 (operating cash flow minus capital spending).
From AIRTP's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.