AerSale (NASDAQ:ASLE) Misses Q3 Sales Expectations

Company Overview - AerSale (NASDAQ:ASLE) is an aerospace and defense company that provides full-service support to mid-life commercial aircraft, integrating multiple services and product offerings [3]. Revenue Performance - In Q3 CY2025, AerSale reported revenue of $71.19 million, which represents a 13.9% year-on-year decline and a 30.5% miss against analyst estimates of $102.4 million [6][8]. - The company's non-GAAP profit was $0.04 per share, falling 77.1% short of the consensus estimate of $0.18 [6]. - Adjusted EBITDA was $9.48 million, missing expectations of $14.92 million, with a margin of 13.3% [6]. - Free cash flow was negative at -$9.80 million, a decline from $8.87 million in the same quarter last year [6]. Long-term Growth Analysis - AerSale's annualized revenue growth over the last five years was only 3.9%, which is below the benchmark for the industrials sector [4]. - The company's revenue has been flat over the last two years, indicating a slowdown in demand [5]. Segment Performance - AerSale's revenue is primarily derived from two segments: Products (51.9% of revenue) and Services (34.9% of revenue) [7]. - Over the past two years, revenue from Products has remained flat, while Services revenue has experienced an average decline of 10.9% year-on-year [7]. Future Outlook - Analysts project a revenue growth of 28.9% over the next 12 months, suggesting that newer products and services may drive improved performance [8].