Quarterly ResultApr 29, 2026, 11:26 AM
AER Q1 Net Income +27.3% to $818.1M; EPS $5.06; $1.0B Buyback
AI Summary
AerCap Holdings N.V. reported a strong first quarter for 2026, with net income attributable to shareholders increasing 27.3% to $818.1 million and basic EPS rising to $5.06. Total revenues and other income grew by 7.9% to $2.24 billion, driven by higher lease revenue and net gains on asset sales. The company actively managed its debt, issuing new senior notes while repaying existing debt, and continued its capital return strategy with significant share repurchases and quarterly dividends.
Key Highlights
- AER Q1 2026 net income attributable to AerCap Holdings N.V. increased 27.3% to $818.1 million from $642.9 million in Q1 2025.
- Basic earnings per share rose to $5.06 in Q1 2026 from $3.58 in Q1 2025.
- Total Revenues and other income increased 7.9% to $2.24 billion in Q1 2026 from $2.08 billion in Q1 2025.
- Net gain on sale of assets grew to $290.5 million in Q1 2026 from $176.9 million in Q1 2025.
- Interest expense decreased to $467.1 million in Q1 2026 from $502.9 million in Q1 2025.
- Issued $1.75 billion in Senior Notes and redeemed $500 million of 4.450% Senior Notes due 2026.
- Repurchased 5.4 million ordinary shares in Q1 2026 and approved a new $1.0 billion share repurchase program.
- Declared a quarterly cash dividend of $0.40 per share for Q1 2026 and Q2 2026.