AerSale Corporation (ASLE) Earnings
AerSale Corporation is expected to report next earnings on August 5, 2026 (in NaN days), with a consensus EPS estimate of $0.23. ASLE has beaten EPS estimates in 6 of its last 12 reported quarters (average surprise -0.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.02 | $-0.03 | -250.0% | $71M | -31.1% |
| Mar 5, 2026 | $0.15 | $0.16 | +6.7% | $91M | +8.2% |
| Nov 6, 2025 | $0.10 | $0.04 | -60.0% | $71M | -28.6% |
| Aug 6, 2025 | $0.05 | $0.20 | +300.0% | $107M | +18.0% |
| May 7, 2025 | $0.13 | $-0.05 | -138.5% | $66M | -26.2% |
| Mar 6, 2025 | $0.10 | $0.09 | -10.0% | $95M | +3.4% |
| Nov 7, 2024 | $0.05 | $0.04 | -20.0% | $83M | -9.9% |
| Mar 7, 2024 | $0.45 | $-0.02 | -104.4% | $94M | -39.6% |
| Mar 6, 2023 | $0.21 | $0.23 | +9.5% | $95M | -22.5% |
| Mar 14, 2022 | $0.16 | $0.31 | +93.8% | $117M | +20.4% |
| Aug 6, 2021 | $0.07 | $0.38 | +442.9% | $92M | +18.9% |
| May 7, 2021 | $-0.05 | $0.23 | +560.0% | $58M | -74.7% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 7, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Nick Venazza began with an overview of first quarter performance and key operational developments. Team stayed focused on executing strategy across asset management and tech ops, prioritizing disciplined acquisition and monetization of flight equipment and USM, expanding and optimizing MRO capabilities, and building a recurring revenue base. Leasing demand grew 47-57.9% compared to prior year period, placed additional Boeing 757 freighter aircraft into service. Tech ops made progress on strategic growth initiatives like MRO agreement in Millington and expanded aerostructures facility. AirSafe strong ahead of compliance deadline, AeroWare marketed. Deployed $25.1 million in feedstock acquisitions. Win rate 6.3% compared to 10.4% in prior year. Martin Garmendia walked through financials, noting revenue, adjusted EBITDA, asset management solutions revenue, technical operations revenue, margin details, expenses, cash flow, liquidity.
Guidance
Priorities for remainder of 2026 include increasing assets in lease pool, monetizing inventory, filling MRO capacity, improving operational profitability. Expect margins to improve as utilization increases and startup initiatives mature. Commencement of multi-line maintenance program and new work at expanded aerostructures facility put on positive trajectory to exceed revenue expectations for expansion initiatives.
Segment performance
First quarter revenue was $70.6 million, an increase of 7.4% from the prior year period. Adjusted EBITDA increased by $4.2 million or 131.9% to $7.4 million from the prior year period. Excluding flight equipment sales, revenue increased 2.2% year over year. Asset management solutions revenue increased 10% year-over-year to $43.1 million in the first quarter. Technical operations revenue increased 3.4% year-over-year to $27.5 million. Growth margin for the quarter was 26.7% compared to 27.3% in the same period last year. Roswell facility experienced revenue and gross profit declines due to fewer aircraft in storage during the quarter. AirSafe had a backlog of 15.3 million of which the majority will close in 2026.
Risks & headwinds
Statements made on call are forward-looking and involve known and unknown risks, uncertainties, and other important factors that may cause actual results to differ. Important factors discussed in risk factors section of company's annual report on Form 10-K and other SEC filings. Potential impact of Middle East conflict on business if prolonged, such as more aircraft in storage, possible downturn in USM demand, but no effect seen at present unless COVID-type event occurs.
Analyst Q&A
Q: Could you guys maybe talk about what you guys are currently hearing from customers in light of the ongoing conflict in the Middle East as it relates to your business, whether that's in USM, spare parts, or lease rates?
A: We're not really hearing much from our customers at this point. If the conflict continues for a prolonged period and results in a substantial grounding of the fleet, there may be an impact, but no effect seen in the short run.
Q: Could you guys give us an update on your current capacity additions in MRO and maybe talk about the potential impact to revenues in your business both this year as well as in 2027?
A: Millington has started a CRJ line, Goodyear is ramping up work, Roswell may see more aircraft if war continues, aerostructures facility came online, landing gear shop has agreements, component shop has increased demand.
Q: As you guys are selling this capacity today, can you guys maybe give us more color on what kind of margins you guys are getting on this new capacity and how we should be thinking about the potential EBITDA contribution from this?
A: On-airport MRO side, margins improving, Millington expected to have gross profit in excess of 20%, Goodyear expected to have better margins than historically.