AerSale Q2 revenue falls 34% on lower flight equipment sales
ASLE•Outlook and key details
AerSale expects earnings and liquidity to improve in the second half of 2026. The company anticipates AerSafe demand to peak in Q3 2026 ahead of the FAA deadline and expects increased Flight Equipment sales and leasing activity in H2 2026.
Key details
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 Revenue | $70.9 mln | $81.24 mln |
| Q2 Adjusted EPS | -$0.09 | $0.14 |
| Q2 Loss Per Share | $0.12 | |
| Q2 Net Loss | $5.6 mln | |
| Q2 Gross Margin | 22.9% |
The current average analyst rating on the shares is "buy," with 1 "strong buy" or "buy," 1 "hold," and no "sell" or "strong sell." The median 12-month price target for AerSale Corp is $7.75, about 20.3% above its August 5 closing price of $6.44.
Drivers of the revenue decline
- Absence of Flight Equipment sales — AerSale said the Q2 revenue decline was primarily due to no Flight Equipment sales in the quarter.
- Lower USM sales — The company said lower used serviceable material sales volume contributed to the revenue decline as material was used to build serviceable engines for leasing and sales.
- Investment ahead of demand — AerSale said profitability was impacted by continued investment in labor and operations ahead of anticipated volume, particularly at its Goodyear and Millington facilities.
