Filing Flows › AerSale (ASLE) › Q1 2025
AerSale (ASLE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
AerSale (ASLE) reported revenue of $65.8M for the first quarter 2025 (Q1 2025), -27% from a year earlier and -31% from the quarter before. Operating margin was -10.1%, net loss $5.3M (8.0% of revenue).
AerSale, Q1 2025: revenue $65.8M (-27% year over year), operating margin -10.1%, net loss $5.3M, operating cash flow −$45.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65.8M | -31% | -27% |
| Operating profit | −$6.6M | — | — |
| Net earnings | −$5.3M | — | — |
| Operating cash flow | −$45.2M | — | — |
What changed
Revenue was $65.8M in Q1 2025, down 27% year over year and down 31% from the previous quarter. Products was the largest line at 56% of revenue. Products lost $24.5M year over year (down 40%), 99% of the total change.
Gross margin was 27.3%, down 4.5 points from a year earlier. Operating costs exceeded revenue by $6.6M, an operating margin of -10.1%. Operating expenses grew 2% against a revenue fall of 27%. The quarter ended with a net loss of $5.3M, after a profit of $2.7M the previous quarter.
Operating cash flow was −$45.2M. Non-cash charges added back $4.9M of depreciation and amortization and $1.2M of share-based compensation. Working capital and other items used $46.0M. Capital expenditures of $2.4M exceeded it, leaving free cash flow of −$47.6M.
Questions
What was AerSale's revenue in the first quarter 2025?
AerSale (ASLE) reported revenue of $65.8M for the first quarter 2025 (Q1 2025), -27% from a year earlier and -31% from the quarter before.
Was AerSale profitable in the first quarter 2025?
Operating loss was $6.6M (-10.1% of revenue) and net loss $5.3M.
Source: AerSale 10-Q on SEC EDGAR.