Filing Flows › AerSale (ASLE) › Q3 2025
AerSale (ASLE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
AerSale (ASLE) reported revenue of $71.2M for the third quarter 2025 (Q3 2025), -14% from a year earlier and -34% from the quarter before. Operating margin was 4.0%, net loss $120K (0.2% of revenue).
AerSale, Q3 2025: revenue $71.2M (-14% year over year), operating margin 4.0%, net loss $120K, operating cash flow −$8.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.2M | -34% | -14% |
| Operating profit | $2.9M | -77% | — |
| Net earnings | −$120K | -101% | — |
| Operating cash flow | −$8.9M | -145% | — |
What changed
Revenue was $71.2M in Q3 2025, down 14% year over year and down 34% from the previous quarter. Products was the largest line at 52% of revenue. Products lost $10.8M year over year (down 23%), 94% of the total change.
Gross margin was 30.2%, up 1.5 points from a year earlier. Operating profit was $2.9M, a 4.0% margin (up 1.6 points year over year). Operating expenses fell 14% while revenue fell 14%. The quarter ended with a net loss of $120K, after a profit of $8.6M the previous quarter. Net interest and other expense of $2.3M was the main reason.
Operating cash flow was −$8.9M. Non-cash charges added back $4.8M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $14.8M. Capital expenditures of $907K exceeded it, leaving free cash flow of −$9.8M.
Questions
What was AerSale's revenue in the third quarter 2025?
AerSale (ASLE) reported revenue of $71.2M for the third quarter 2025 (Q3 2025), -14% from a year earlier and -34% from the quarter before.
Was AerSale profitable in the third quarter 2025?
Operating profit was $2.9M (4.0% of revenue) and net loss $120K.
Source: AerSale 10-Q on SEC EDGAR.