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Air Lease (AL) investor relations material
Air Lease Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record total revenues of $820 million for Q4 and $3.0 billion for FY2025, the highest in company history.
Net income attributable to common stockholders rose to $170 million for Q4 and $1.0 billion for FY2025, driven by higher revenues and a $736 million insurance recovery related to the Russian fleet.
Delivered 10 new aircraft in Q4, ending the year with 490 owned aircraft and $33 billion in total assets.
Sold 23 aircraft in Q4 for $1.0 billion in proceeds; 48 aircraft sold in FY2025.
Announced a pending merger with Sumisho Air Lease Corporation, expected to close in H1 2026.
Financial highlights
Q4 revenues increased 15% year-over-year to $820.4 million; FY2025 revenues up 10.3% to $3.02 billion.
Q4 net income attributable to common stockholders grew 83.7% year-over-year to $169.9 million; FY2025 net income up 180.6% to $1.04 billion.
Adjusted net income before income taxes for Q4 was $247 million (up 64.2%); for FY2025, $718.4 million (up 25.1%).
Q4 gain on aircraft sales and trading rose 90% year-over-year to $141 million; FY2025 gain was $331 million, up 35%.
Diluted EPS for FY2025 was $9.29, up from $3.33 in FY2024.
Outlook and guidance
No forward guidance provided due to the pending merger.
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