ASLE

EX-99.1

2 asle-ex99d1.htm

EX-99.1

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Exhibit 99.1

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AerSale Reports Third Quarter 2026 Results

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Third Quarter 2026 Highlights

●Revenue of $91.6 million versus $71.2 million in the prior year period

●Net loss of $15.0 million, which includes a $13.4 million non-cash goodwill impairment charge, versus a net loss of $0.1 million in the prior year period

●Adjusted net loss1 of $1.1 million versus adjusted net income1 of $1.5 million in the prior year period

●Adjusted EBITDA1 of $8.6 million versus $9.5 million in the prior year period

●Feedstock acquisitions of $7.1 million versus $13.7 million in the prior year period

●Inventory of $334.1 million as of September 30, 2026

●Aircraft and engines held for lease2 of $165.9 million

MIAMI, Florida, November 5, 2026 (GLOBE NEWSWIRE) – AerSale Corporation (Nasdaq: ASLE) (“AerSale” or the “Company”) today reported third quarter 2026 financial results.

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Third Quarter 2026 Financial Results:

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During the third quarter of 2026, we continued to focus on our strategic initiatives of monetizing our asset base, scaling our Maintenance, Repair, and Overhaul (“MRO”) operations, and growing recurring revenue streams of our business. Revenue and adjusted EBITDA improved sequentially from the second quarter. Flight Equipment sales in the quarter consisted of one whole engine. The sale of a Boeing 737 aircraft and additional engines previously expected to occur in the third quarter are now expected to close in the fourth quarter.

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(in thousands, except per-share amount)

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(Unaudited)

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Three Months Ended September 30,

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Nine Months Ended September 30,

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​ ​ ​

2026

​ ​ ​

2025

​ ​ ​

Percent Change

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2026

​ ​ ​

2025

​ ​ ​

Percent Change

Asset Management Solutions

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$

50,547

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$

39,201

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28.9

%

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$

130,814

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$

154,679

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(15.4)

%

Technical Operations

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​

41,009

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​

31,990

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28.2

%

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​

102,288

​

​

89,670

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14.1

%

Total revenue

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$

91,556

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$

71,191

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28.6

%

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$

233,102

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$

244,349

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(4.6)

%

Net (loss) income

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​

(15,028)

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​

(120)

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(12,423.3)

%

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​

(24,048)

​

​

3,178

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(856.7)

%

Adjusted net (loss) income (1)

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(1,106)

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1,525

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(172.5)

%

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(5,292)

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​

8,297

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(163.8)

%

Adjusted EBITDA (1)

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8,559

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​

9,479

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(9.7)

%

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​

18,130

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30,924

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(41.4)

%

Diluted (loss) earnings per share

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(0.31)

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(0.00)

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NM

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​

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(0.51)

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​

0.06

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(950.0)

%

Adjusted diluted (loss) earnings per share (1)

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​

(0.02)

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​

0.04

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(150.0)

%

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​

(0.11)

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​

0.16

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(168.8)

%

Feedstock acquisitions

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$

7,127

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$

13,670

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(47.9)

%

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$

37,766

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$

84,219

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(55.2)

%

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The Company’s revenue for the third quarter of 2026 was $91.6 million, representing a 28.6% increase compared to $71.2 million in the third quarter of 2025 and an increase from $70.9 million in the second quarter of 2026. Growth was driven by leasing, used serviceable material (“USM”) sales, heavy MRO, strong commercial demand for the Company’s AerSafe® product, as well as $9.3 million of Flight Equipment sales, compared with $0.4 million in the prior-year period.

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Adjusted EBITDA1 in the third quarter of 2026 was $8.6 million, or 9.3% of total revenue, compared to $9.5 million, or 13.3% of total revenue, in the comparable prior year period. Excluding Flight Equipment sales, revenue grew 16.2% to $82.3 million in the third quarter of 2026 compared to the prior-year period, with gains in leasing, USM, heavy MRO, and Engineered Solutions. We expect continued improvement in adjusted EBITDA as the ramp-up costs of new programs designed to deliver higher profitability and recurring revenue are expected to diminish over time.

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We encourage investors to evaluate performance across multiple quarters and through the more recurring parts of our business: leasing, USM and MRO.

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Nicolas Finazzo, Chief Executive Officer at AerSale, stated, “The initiatives we have undertaken since early 2025 to make inventory and Flight Assets ready for sale or lease, optimize our sales force, invest in technology, and complete major facilities expansion projects, are taking hold. As such, our third quarter operational results improved meaningfully

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over the second quarter. Five of our seven 757 freighters are now on lease. We are using advanced analytics to strengthen USM sales by rapidly identifying the most cost-efficient way to make USM ready for sale. In TechOps, we have similarly created advanced analytics that have identified the factors affecting output and profitability at Millington, Goodyear, and our Component MRO shops, which should improve the efficiency of our workforce and increase utilization of our available capacity.”

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Mr. Finazzo continued, “We enter the fourth quarter with a well-defined Flight Equipment pipeline expected to close before year end. We have commit

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