AerSale Q2 Revenue Misses by 13%, Gross Profit Halves as Flight Equipment Sales Evaporate
ASLE is trading near its 52-week low of $5.56 (6.1% above the low) on elevated volume (2.7× avg).
Summary
AerSale reported Q2 revenue of $70.9M, well below the $81.2M consensus, as Flight Equipment sales dried up. Gross profit halved and the company swung to a net loss, with cash reserves shrinking and revolver borrowings rising.
Key Events · Earnings and Guidance · ASLE
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Revenue Miss and Decline
Q2 revenue of $70.9M missed the $81.2M consensus by 13% and fell 34% year-over-year, driven by a 60% drop in engine revenue and near-zero whole asset sales.
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Gross Profit Halved
Gross profit fell 54% to $16.3M, with TechOps MRO service margins collapsing to 2.0% from 23.6% due to hiring and training costs at the Millington facility.
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Net Loss vs. Prior-Year Profit
The company reported a net loss of $5.6M, or $0.12 per share, compared to net income of $8.6M, or $0.18 per share, in Q2 2025.
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Liquidity Pressure
Cash and equivalents fell to $2.2M from $4.4M at year-end, while revolving credit facility borrowings increased to $146.2M, leaving only $31.8M in availability.
Analysis · ASLE · Trade & Services
AerSale's Q2 2026 results reveal a sharp deterioration. Revenue came in at $70.9M, missing consensus by 13% and falling 34% year-over-year, as whole asset sales nearly vanished and engine revenue dropped 60%. Gross profit was cut in half to $16.3M, while the TechOps segment saw MRO service margins compress to just 2.0% from 23.6% a year ago, weighed down by heavy hiring and training costs at the Millington facility. The company swung to a $5.6M net loss from an $8.6M profit last year. Cash dwindled to $2.2M, and revolver borrowings climbed to $146.2M, leaving only $31.8M in availability. These results confirm the negative pre-announcement from Reuters on August 6 and raise questions about the pace of recovery in the core engine leasing and sales business.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 966 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.66%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ASLE was trading at $5.90 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $278.8M. The 52-week trading range was $5.56 to $9.12. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.