Air Lease Corporation (AL) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	3.0B	3.0B	2.7B	2.7B	2.3B
Cost of Revenue	1.9B	1.2B	1.9B	1.7B	1.5B
Gross Profit	1.2B	1.8B	807.9M	961.3M	858.4M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	268.4M	268.4M	219.8M	220.6M	172.5M
General & Admin Expense	39.9M	—	33.9M	34.6M	15.6M
Selling & Marketing Expense	161.0M	—	185.9M	186.0M	156.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	268.4M	268.4M	219.8M	220.6M	172.5M
Cost and Expenses	2.1B	1.5B	2.1B	1.9B	1.6B
Operating Income (EBIT)	890.7M	1.5B	588.1M	740.7M	686.0M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	257.4M	890.6M	54.8M	54.1M	53.3M
Net Interest Income	(257.4M)	(890.6M)	(54.8M)	(54.1M)	(53.3M)
Other Non-Op Income/Expense	479.0M	(154.2M)	(54.8M)	13.0M	(824.7M)
Non-Operating Income (excl Interest)	(736.4M)	—	—	(67.0M)	771.5M
EBT (Pre-Tax Income)	1.4B	1.4B	533.3M	753.6M	(138.8M)
Income Tax Expense	281.3M	281.3M	105.6M	139.0M	(41.7M)
Bottom Line
Net Income	1.1B	1.1B	427.7M	614.6M	(97.0M)
Earnings from Cont. Ops	1.1B	1.1B	427.7M	614.6M	(97.0M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.0B	1.0B	372.1M	572.9M	(138.7M)
Per Share
Basic EPS	$9.35	$9.35	$3.34	$5.16	($1.24)
Diluted EPS	$9.31	$9.29	$3.33	$5.14	($1.24)
Revenue Per Share	$26.98	$27.00	$24.56	$24.19	$20.76
Shares
Basic Shares Outstanding	111.8M	111.7M	111.3M	111.0M	111.6M
Diluted Shares Outstanding	112.4M	112.3M	111.9M	111.4M	111.6M
Profitability Metrics
EBITDA	2.9B	2.7B	1.7B	1.9B	880.4M
D&A	1.2B	1.2B	1.1B	1.1B	966.0M
EBIT	1.6B	1.5B	588.1M	807.7M	(85.5M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025