AerSale Q2 revenue falls 34% on lower flight equipment sales

Aersale

06/08/2026 21:47

Overview
Aviation aftermarket services provider's Q2 revenue fell 34% yr/yr on lower Flight Equipment sales
Adjusted EPS for Q2 turned negative, reflecting lower sales and higher investment in operations
Company said results reflect timing of Flight Equipment sales and investment ahead of demand

Outlook
AerSale expects earnings and liquidity to improve in the second half of 2026
Company anticipates AerSafe demand to peak in Q3 2026 ahead of FAA deadline
AerSale expects increased Flight Equipment sales and leasing activity in H2 2026

Result Drivers
ABSENCE OF FLIGHT EQUIPMENT SALES - Co said Q2 revenue decline was primarily due to no Flight Equipment sales in the quarter
LOWER USM SALES - Co said lower used serviceable material sales volume contributed to revenue decline as material was used to build serviceable engines for leasing and sales
INVESTMENT AHEAD OF DEMAND - Co said profitability was impacted by continued investment in labor and operations ahead of anticipated volume, particularly at Goodyear and Millington facilities

Company press release: ID:nGNXbl7hYS

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
 
$70.9 mln
$81.24 mln (2 Analysts)
Q2 Adjusted EPS
 
-$0.09
$0.14 (2 Analysts)
Q2 Loss Per Share
 
$0.12
 
Q2 Net Loss
 
$5.6 mln
 
Q2 Gross Margin
 
22.9%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the aerospace & defense peer group is "buy"
Wall Street's median 12-month price target for AerSale Corp is $7.75, about 20.3% above its August 5 closing price of $6.44
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Aug 6 - Parker-Hannifin forecasts annual profit above estimates on strong aerospace parts demand
Aug 6 - Ducommun Q2 revenue beats on commercial aerospace demand
Aug 6 - Honeywell Aerospace shares tank as sales forecast cut, profit miss disappoint

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)