Quarterly ResultMay 7, 2026, 04:13 PM
AerSale Q1 Revenue $70.6M, Adjusted Net Income $0.1M
AI Summary
AerSale Corporation reported its first quarter 2026 financial results, showing a 7.4% increase in revenue to $70.6 million. The company significantly reduced its net loss to $3.5 million from $5.3 million in the prior year, and achieved adjusted net income of $0.1 million compared to an adjusted net loss of $2.7 million. Adjusted EBITDA surged by 131.9% to $7.4 million. The growth was primarily driven by increased engine and B757 freighter leasing activity and improved MRO operations, despite some margin pressure from expansion-related start-up costs.
Key Highlights
- Revenue increased 7.4% to $70.6 million in Q1 2026 from $65.8 million in Q1 2025.
- Net loss improved to $3.5 million from $5.3 million in the prior year period.
- Adjusted net income was $0.1 million, up from an adjusted net loss of $2.7 million.
- Adjusted EBITDA grew 131.9% to $7.4 million from $3.2 million year-over-year.
- Diluted loss per share improved to $(0.07) from $(0.10) in Q1 2025.
- Asset Management Solutions (AMS) revenue rose 10.0% to $43.1 million.
- Technical Operations (TechOps) revenue increased 3.4% to $27.5 million.
- Gross margin decreased to 26.7% from 27.3% due to start-up costs.