| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 70.61 | 7.3% |
| Total Income | 70.61 | 7.3% |
| Expenditure | 73.95 | 2.1% |
| PBT | -4.46 | 25.7% |
| Net Profit | -3.45 | 34.7% |
| OPM | -4.72% | 5.39pp |
| NPM | -4.89% | 3.14pp |
| EPS | -0.07 | 30.0% |
AerSale Reports Q1 2026 Revenue Up 7.4% to $70.6 Million
08 May 2026 · 8 May, 1:43 am
Summary
AerSale Corporation reported a 7.4% increase in revenue for the first quarter of 2026, reaching $70.6 million. The increase was primarily driven by increased engine and B757 freighter leasing activity. Adjusted EBITDA saw a significant increase of 131.9%, reaching $7.4 million, or 10.4% of total revenue. The company's net loss decreased from $5.3 million to $3.5 million year-over-year. Management noted that revenue is likely to fluctuate based on the timing of flight equipment sales and that performance should be monitored based on recurring aspects of the business.
Key Highlights
- 1
AerSale's revenue for the first quarter of 2026 increased by 7.4% to $70.6 million compared to $65.8 million in the first quarter of 2025.
- 2
The company reported a net loss of $3.5 million in Q1 2026, compared to a net loss of $5.3 million in the prior year period.
- 3
Adjusted EBITDA for the first quarter of 2026 increased by 131.9% to $7.4 million, representing 10.4% of total revenue.
- 4
Feedstock acquisitions decreased to $25.1 million in the first quarter of 2026, compared to $43.4 million in the prior year period.
- 5
The company's leasing revenue increased due to an expanded lease pool, including the deployment of three Boeing 757 freighter aircraft.
- 6
Asset Management Solutions (AMS) segment revenue increased by 10.0% to $43.1 million during the first quarter of 2026.
- 7
Technical Operations (TechOps) revenue increased by 3.4% to $27.5 million in the first quarter of 2026.
Management Comments
Nick Finazzo
Our first quarter performance reflects continued progress in growing the more recurring parts of our business through increased leasing activity and disciplined execution across our platform. During the quarter, we commenced work at our Millington facility following the award of a long‑term, multi‑line regional airline maintenance agreement and at our expanded Aerostructures facility. These expansion projects resulted in expected start‑up costs, which created modest margin pressure that we expect to normalize as volumes increase and operations mature. We also continued to execute on our leasing strategy with the placement of an additional B757 freighter, ending the quarter with three aircraft on lease and one additional aircraft under letter of intent. With a strong inventory position and expanding capacity, we remain focused on monetizing our assets and delivering a more consistent earnings profile over time.”
Informational and educational content only. Not investment advice.