AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
AerSale reported Q2 revenue of $70.9M, down 34% YoY, with net loss of $5.6M driven by 60% decline in engine sales and severe margin compression in MRO services.
Biggest Revenue Drivers
Asset Management Solutions$37.1M-51.3% YoY
Lower engine sales of $33M and USM sales of $9.6M; partially offset by higher leasing activity
TechOps$33.8M+8.7% YoY
Higher volume in heavy MROs at Millington facility and component MROs despite margin pressures
Biggest Revenue Drivers
Total revenue: $70.9M-33.9% YoY
Asset Management Solutions$37.1M-51.3% YoY
Lower engine sales of $33M and USM sales of $9.6M; partially offset by higher leasing activity
TechOps$33.8M+8.7% YoY
Higher volume in heavy MROs at Millington facility and component MROs despite margin pressures
Largest Expense Items
Cost of sales$54.7M-24.1% YoY
Decreased with lower revenues; offset by higher labor and training costs in MRO operations
Selling, general and administrative$21.0M-7.9% YoY
Lower sales commissions and rent expense after consolidating duplicate facility
Interest expense, net$2.5MFlat YoY
Primarily from borrowings under debt facilities at 6.51% rate
Watch Items from the Filing
TechOps MRO service margin declined to 2.0% in Q2 2026 from 23.6% YoY, driven by non-recurring hiring and training expenses at Millington return-to-service; sustainability of margin recovery unclear.
Asset Management engine revenue fell 60% YoY to $26.1M; two product lines (PW4000, CF6-80) showed weakness; reliance on limited flight equipment asset mix concentration.
Revolving credit facility at $146.2M of $180M capacity with $31.8M availability; operating cash burn of $33.5M for H1 2026; debt covenants in compliance but liquidity tightening.
Aircraft held for lease increased to $133M from $102M; significant capital tied up in leasing portfolio exposed to airline demand and residual value risk.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About AerSale Corp (ASLE): stock profile, AI score and financials
AerSale Corp (ASLE) stock profile, AI quality score, and SEC EDGAR financial data, a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores ASLE at 23.1/100 on a composite quality score built from its SEC filings, placing it at rank #2,696 of 2,925 stocks — the bottom half of the AI-ranked universe. Areas of concern include earnings quality (1.0) and revenue growth (10.7), which score below median versus the broader universe. Shareholder dilution risk is elevated at 45.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), AerSale Corp reports quarterly revenue of $70.9M, net income of $-5.6M, an operating margin of -6.7%. Top institutional holders of ASLE by reported 13-F value include M3F, BlackRock, Private Capital Management, based on the most recent SEC filings. ASLE trades on the Nasdaq exchange and files with the SEC under CIK 1754170. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ASLE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for AerSale Corp directly from SEC EDGAR.