ASLE · Aersale Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.61M | - | $71.19M | $107.38M | $65.78M | - | $82.68M | $77.10M | $90.54M | - |
| Cost of Revenue | $51.73M | - | $49.70M | $72.05M | $47.81M | - | $59.01M | $55.38M | $61.74M | - |
| Gross Profit | $18.88M | - | $21.49M | $35.34M | $17.96M | - | $23.68M | $21.72M | $28.80M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $22.21M | - | $18.61M | $22.82M | $24.61M | - | $21.68M | $23.57M | $24.13M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $6.14M | - | $4.77M | $4.53M | $4.94M | - | $1.60M | $1.20M | $2.78M | - |
| Operating Income | ($3.33M) | - | $2.87M | $12.51M | ($6.65M) | - | $2.00M | ($1.85M) | $4.66M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($1.00M) | - | $733.0K | $1.75M | ($720.0K) | - | $78.0K | $497.0K | ($401.0K) | - |
| Net Income | ($3.45M) | - | ($120.0K) | $8.57M | ($5.28M) | - | $509.0K | ($3.64M) | $6.28M | - |
| EPS - Basic | ($0.07) | - | $0.00 | $0.18 | ($0.10) | - | $0.01 | ($0.07) | $0.12 | - |
| EPS - Diluted | ($0.07) | - | $0.00 | $0.18 | ($0.10) | - | $0.00 | ($0.07) | $0.12 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.08M | $4.38M | $5.27M | $5.75M | $4.69M | $4.70M | $9.79M | $4.29M | $2.64M | $5.87M |
| Accounts Receivable | $47.12M | $42.65M | $43.61M | $44.53M | $39.87M | $34.65M | $33.74M | $37.27M | $30.06M | $31.24M |
| Inventory | $214.70M | $205.38M | $255.50M | $257.51M | $265.62M | $224.83M | $263.73M | $378.81M | $350.85M | $329.17M |
| Accounts Payable | $31.26M | $29.64M | $31.13M | $35.01M | $27.54M | $34.18M | $34.87M | $29.39M | $26.28M | $29.90M |
| Current Assets | $282.01M | $268.99M | $322.98M | $326.50M | $329.29M | $284.03M | $339.74M | $295.83M | $288.37M | $264.77M |
| Total Assets | $668.07M | $640.47M | $646.28M | $646.67M | $646.05M | $604.72M | $601.46M | $598.69M | $571.69M | $553.94M |
| Current Liabilities | $75.35M | $72.43M | $73.23M | $84.38M | $72.55M | $74.97M | $47.11M | $43.01M | $40.25M | $45.71M |
| Long-term Debt | $138.83M | $111.34M | $125.34M | $115.42M | $134.14M | $40.44M | $78.89M | $81.48M | $55.50M | $36.28M |
| Total Liabilities | $245.28M | $216.04M | $229.19M | $230.76M | $239.59M | $149.10M | $149.93M | $148.90M | $119.71M | $108.92M |
| Stockholders' Equity | $422.78M | $424.43M | $417.08M | $415.91M | $406.46M | $455.62M | $451.52M | $449.80M | $451.98M | $445.01M |
| Retained Earnings | $144.25M | $147.70M | $142.30M | $142.42M | $133.84M | $139.12M | $136.42M | $135.91M | $139.55M | $133.27M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($26.66M) | - | - | - | ($45.22M) | - | - | - | ($21.47M) | - |
| Investing Cash Flow | ($3.13M) | - | - | - | ($3.54M) | - | - | - | $226.0K | - |
| Financing Cash Flow | $27.50M | - | - | - | $48.75M | - | - | - | $18.01M | - |
| CapEx | $1.05M | - | - | - | $2.41M | - | - | - | $3.57M | - |
| Free Cash Flow | ($27.71M) | - | - | - | ($47.63M) | - | - | - | ($25.05M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 26.7% | - | 30.2% | 32.9% | 27.3% | - | 28.6% | 28.2% | 31.8% | - |
| Operating margin | -4.7% | - | 4.0% | 11.7% | -10.1% | - | 2.4% | -2.4% | 5.2% | - |
| EBITDA margin | 4.0% | - | 10.7% | 15.9% | -2.6% | - | 4.3% | -0.8% | 8.2% | - |
| Net margin | -4.9% | - | -0.2% | 8.0% | -8.0% | - | 0.6% | -4.7% | 6.9% | - |
| Free cash flow margin | -39.2% | - | - | - | -72.4% | - | - | - | -27.7% | - |
| FCF / Net income | 8.03 | - | - | - | 9.03 | - | - | - | -3.99 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 31.5% | - | 26.1% | 21.3% | 37.4% | - | 26.2% | 30.6% | 26.7% | - |
| Effective tax rate | - | - | 119.6% | 17.0% | - | - | 13.3% | - | -6.8% | - |
| Return on assets | -0.5% | - | -0.0% | 1.3% | -0.8% | - | 0.1% | -0.6% | 1.1% | - |
| Return on equity | -0.8% | - | -0.0% | 2.1% | -1.3% | - | 0.1% | -0.8% | 1.4% | - |
| Return on invested capital | -0.5% | - | 0.3% | 2.0% | -1.0% | - | 0.3% | -0.3% | 0.9% | - |
| Liquidity | ||||||||||
| Current ratio | 3.74 | 3.71 | 4.41 | 3.87 | 4.54 | 3.79 | 7.21 | 6.88 | 7.17 | 5.79 |
| Quick ratio | 0.89 | 0.88 | 0.92 | 0.82 | 0.88 | 0.79 | 1.61 | -1.93 | -1.55 | -1.41 |
| Cash ratio | 0.03 | 0.06 | 0.07 | 0.07 | 0.06 | 0.06 | 0.21 | 0.10 | 0.07 | 0.13 |
| Leverage | ||||||||||
| Debt / Equity | 0.33 | 0.26 | 0.30 | 0.28 | 0.33 | 0.09 | 0.17 | 0.18 | 0.12 | 0.08 |
| Debt / Assets | 0.21 | 0.17 | 0.19 | 0.18 | 0.21 | 0.07 | 0.13 | 0.14 | 0.10 | 0.07 |
| Debt / EBITDA | 49.48 | - | 16.41 | 6.77 | - | - | 21.94 | - | 7.46 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.58 | 1.51 | 1.55 | 1.55 | 1.59 | 1.33 | 1.33 | 1.33 | 1.26 | 1.24 |
| Liabilities / Assets | 0.37 | 0.34 | 0.35 | 0.36 | 0.37 | 0.25 | 0.25 | 0.25 | 0.21 | 0.20 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.11 | 0.17 | 0.10 | - | 0.14 | 0.13 | 0.16 | - |
| Inventory turnover | 0.24 | - | 0.19 | 0.28 | 0.18 | - | 0.22 | 0.15 | 0.18 | - |
| Days sales outstanding | 244d | - | 224d | 151d | 221d | - | 149d | 176d | 121d | - |
| Days inventory outstanding | 1515d | - | 1876d | 1305d | 2028d | - | 1631d | 2497d | 2074d | - |
| Days payable outstanding | 221d | - | 229d | 177d | 210d | - | 216d | 194d | 155d | - |
| Cash conversion cycle | 1538d | - | 1871d | 1279d | 2039d | - | 1565d | 2479d | 2040d | - |
| Valuation | ||||||||||
| P / E | - | - | - | 33.4x | - | - | - | - | 59.8x | - |
| P / B | 0.7x | - | 0.9x | 0.7x | 1.0x | - | 0.6x | 0.8x | 0.8x | - |
| P / S | 4.2x | - | 5.4x | 2.6x | 6.0x | - | 3.3x | 4.8x | 4.2x | - |
| EV / EBITDA | 153.4x | - | 66.3x | 23.0x | - | - | 94.2x | - | 58.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.4% | - | -13.9% | 39.3% | -27.4% | - | -10.6% | 11.2% | 15.7% | - |
| Revenue CAGR (3y) | -3.4% | - | 11.8% | -8.4% | -18.8% | - | 4.1% | -5.7% | 16.6% | - |
| Revenue CAGR (5y) | 4.3% | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 5.1% | - | -9.2% | 62.7% | -37.6% | - | 0.9% | 7.8% | 18.1% | - |
| Operating income growth (YoY) | 49.9% | - | 43.9% | - | - | - | - | 73.4% | - | - |
| Net income growth (YoY) | 34.6% | - | - | - | - | - | - | -35.3% | 125440.0% | - |
| EPS growth (YoY) | 30.0% | - | - | - | - | - | - | 12.5% | - | - |
| EPS CAGR (3y) | - | - | - | -27.4% | - | - | - | - | -83.9% | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 41.8% | - | - | - | -90.2% | - | - | - | 60.8% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.0% | -6.8% | -7.6% | -7.5% | -10.1% | 2.4% | 0.1% | 0.3% | 1.0% | 0.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$335.29M totalAsset Management Solutions$211.58M · 63.1%
Tech Ops$123.70M · 36.9%
Product / service
$829.51M totalProduct$206.47M · 24.9%
Engine$175.63M · 21.2%
Used Serviceable Material$120.08M · 14.5%
Maintenance$93.74M · 11.3%
Service$93.74M · 11.3%
Whole Asset Sales$56.43M · 6.8%
Aircraft$35.96M · 4.3%
Leasing Arrangements$35.07M · 4.2%
Engineered Solutions$12.39M · 1.5%
Geographic
$335.29M totalUS$180.92M · 54.0%
Non Us$154.37M · 46.0%
Peer comparison
Same SIC group: Wholesale-Machinery, Equipment & Supplies
Comparing AerSale Corp against the 5 most active filers in the same SIC group.