Filing Flows › AerSale (ASLE) › Q2 2025
AerSale (ASLE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
AerSale (ASLE) reported revenue of $107M for the second quarter 2025 (Q2 2025), +39% from a year earlier and +63% from the quarter before. Operating margin was 11.7%, net earnings $8.6M (8.0% of revenue).
AerSale, Q2 2025: revenue $107M (+39% year over year), operating margin 11.7%, net earnings $8.6M, operating cash flow $19.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $107M | +63% | +39% |
| Gross profit | $35.3M | +97% | +63% |
| Operating profit | $12.5M | — | — |
| Net earnings | $8.6M | — | — |
| Operating cash flow | $19.8M | — | — |
| Free cash flow | $18.6M | — | — |
What changed
Revenue was $107.4M in Q2 2025, up 39% year over year and up 63% from the previous quarter. Products was the largest line at 69% of revenue. Products added $31.3M year over year (up 72%), 103% of the total change. Services declined 17%.
Gross margin was 32.9%, up 4.7 points from a year earlier. Operating profit was $12.5M, a 11.7% margin (up 14.1 points year over year). Operating expenses fell 3% while revenue rose 39%. Net earnings were $8.6M. The effective tax rate was 17.0%.
Operating cash flow was $19.8M, 231% of net earnings. Non-cash charges added back $4.5M of depreciation and amortization and $668K of share-based compensation. Working capital and other items added $6.0M. Capital expenditures of $1.2M left free cash flow of $18.6M.
Questions
What was AerSale's revenue in the second quarter 2025?
AerSale (ASLE) reported revenue of $107M for the second quarter 2025 (Q2 2025), +39% from a year earlier and +63% from the quarter before.
Was AerSale profitable in the second quarter 2025?
Operating profit was $12.5M (11.7% of revenue) and net earnings $8.6M.
Source: AerSale 10-Q on SEC EDGAR.