---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008808"
form_type: "8-K"
ticker: "ASLE"
cik: "0001754170"
company_name: "AerSale Corp"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:37:23.870515+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AerSale Q1 revenue falls to $78.3M, net income $5K; adjusted EBITDA $5.0M; reaffirms 2023 guidance

## Summary
- Q1 2023 revenue $78.3M vs $122.8M YoY; GAAP net income $5K vs $17.2M.
- Flight equipment sales $27.7M (2 aircraft, 1 airframe, 1 engine) vs $75.9M (6 aircraft, 4 engines).
- Adjusted EBITDA $5.0M vs $29.9M; Adjusted Net Income $3.3M vs $22.2M.
- Reaffirms FY2023 guidance: revenue $460-490M, adjusted EBITDA $70-80M (excludes AerAware).
- CEO cites timing of flight equipment sales; on track to convert 11 additional 757s to freighters.

## SEC filing metadata
- accession: 0001558370-23-008808
- form_type: 8-K
- ticker: ASLE
- cik: 0001754170
- company_name: AerSale Corp
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754170/000155837023008808/0001558370-23-008808-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754170/000155837023008808/asle-20230509x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008808
- JSON: https://secwatch.observer/filing/0001558370-23-008808.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008808.txt

## Key facts
- Earnings Releases
  AerSale Corp reported the first quarter ended March 31, 2023 results: revenue $78.3 million, net income $5 thousand. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $78.3 million
  - Net income: $5 thousand
  - Guidance: reaffirmed
  - Result: reported results
  source text: (EX-99.1) --- AerSale Reports First Quarter 2023 Results ​ First Quarter 2023 Highlights ● Revenue and earnings reflect the pacing of flight equipment sales. ● Revenue of $78.3 million versus $122.8 million in the prior year period. ● GAAP net income of $5 thousand versus $17.2 millions in the prior year period. ● Adjusted Net Income 1 of $3.3 million versus
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754170/000155837023008808/0001558370-23-008808-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.