AerSale Corp SEC 10-Q Report

TradingView
2025.11.07 21:13
portai
I'm PortAI, I can summarize articles.

AerSale Corp has released its Form 10-Q report for Q3 2025, showing total revenue of $244.3 million, a 2.4% decrease from the previous year. Gross profit rose by 0.8% to $74.8 million, while income from operations increased to $8.7 million. Net income slightly improved to $3.2 million. The Asset Management Solutions segment faced a 22.2% revenue drop, while TechOps saw a minor decline of 0.9%. The company launched the AerAware™ product, enhancing its focus on high-margin opportunities. The SEC filing was made on Nov. 07, 2025.

AerSale Corp, a prominent player in the aviation industry specializing in the sale, lease, and exchange of used aircraft, engines, and components, has released its Form 10-Q report for the third quarter of 2025. The report provides a comprehensive overview of the company's financial and operational performance, reflecting both challenges and strategic advancements in its business segments.

Financial Highlights

  • Total Revenue: $244.3 million, decreased by 2.4% compared to the nine months ended September 30, 2024, driven by a decrease in TechOps revenue partially offset by an increase in Asset Management Solutions.
  • Gross Profit: $74.8 million, increased by 0.8% compared to the nine months ended September 30, 2024, with improvements in TechOps gross profit due to higher product sales and focus on higher margin work.
  • Income from Operations: $8.7 million, increased from $4.8 million in the prior year period, reflecting improved operational efficiency and cost management.
  • Net Income: $3.2 million, slightly up from $3.1 million in the prior year period, despite increased interest expenses due to higher borrowings.
  • Basic EPS: $0.07, compared to $0.06 in the prior year period, reflecting a slight improvement in net income.
  • Diluted EPS: $0.06, consistent with the prior year period, indicating stable earnings performance.

Business Highlights

  • Revenue Segments: The Asset Management Solutions segment saw a decrease in revenue by 22.2% for the three months ended September 30, 2025, primarily due to a decline in Engine revenue by 25.4% and Aircraft revenue by 7.7%. In contrast, the TechOps segment experienced a slight decrease of 0.9% in revenue, with MRO services declining by 11.6% but product sales increasing by 70.5%.
  • Operational Performance: The gross profit for the Asset Management Solutions segment decreased by 30.6% due to lower revenue and changes in the revenue mix, particularly in Engine sales. The TechOps segment, however, saw an 84.6% increase in gross profit, driven by higher margins on MRO services and product sales.
  • Sales Units: The decrease in Aircraft revenue was attributed to lower USM revenue across multiple product lines and reduced Flight Equipment sales, while Engine revenue was impacted by lower activity in the CFM56 and RB211 product lines.
  • New Product Launches: The company launched the AerAware™ product, a next-generation Enhanced Flight Vision System, which recently received FAA approval for the Boeing B737NG product line.
  • Future Outlook: The company continues to focus on maximizing returns on mid-life Flight Equipment through strategic leasing and sales, while also enhancing its TechOps segment by focusing on higher margin opportunities and process efficiencies.

SEC Filing: AerSale Corp [ ASLE ] - 10-Q - Nov. 07, 2025

Source: TradingView The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.