Filing Flows › AerSale (ASLE) › Q1 2026
AerSale (ASLE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
AerSale (ASLE) reported revenue of $70.6M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -22% from the quarter before. Operating margin was -4.7%, net loss $3.5M (4.9% of revenue).
AerSale, Q1 2026: revenue $70.6M (+7% year over year), operating margin -4.7%, net loss $3.5M, operating cash flow −$26.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $70.6M | -22% | +7% |
| Operating profit | −$3.3M | -147% | — |
| Net earnings | −$3.5M | -164% | — |
| Operating cash flow | −$26.7M | -335% | — |
What changed
Revenue was $70.6M in Q1 2026, up 7% year over year and down 22% from the previous quarter. Products was the largest line at 50% of revenue. Leasing added $4.3M year over year (up 58%), 90% of the total change. Products declined 5%.
Gross margin was 26.7%, down 0.6 points from Q1 2025. Operating costs exceeded revenue by $3.3M, an operating margin of -4.7%. Operating expenses fell 10% while revenue rose 7%. The quarter ended with a net loss of $3.5M, after a profit of $5.4M the previous quarter.
Operating cash flow was −$26.7M. Non-cash charges added back $6.1M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $31.2M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$27.7M.
Questions
What was AerSale's revenue in the first quarter 2026?
AerSale (ASLE) reported revenue of $70.6M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -22% from the quarter before.
Was AerSale profitable in the first quarter 2026?
Operating loss was $3.3M (-4.7% of revenue) and net loss $3.5M.
Source: AerSale 10-Q on SEC EDGAR.