AerCap Holdings (AER) Operating Expenses (2009 - 2026)

AerCap Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.3 billion for Q1 2026.

• In Q1 2026, Operating Expenses fell 0.97% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $4.4 billion (down 22.72% YoY), while the FY2025 annual figure was $4.4 billion, down 22.66% from the prior year.
• Operating Expenses came in at $1.3 billion for Q1 2026 at AerCap Holdings, down from $1.7 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $4.1 billion in Q1 2022 to a low of $484.7 million in Q2 2025.
• A 5-year average of $1.4 billion and a median of $1.4 billion in 2025 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses surged 392.11% in 2022 and tumbled 66.52% in 2025, its largest moves.
• AerCap Holdings' Operating Expenses stood at $1.4 billion in 2022, then plunged by 40.19% to $820.6 million in 2023, then jumped by 64.97% to $1.4 billion in 2024, then grew by 22.12% to $1.7 billion in 2025, then declined by 18.55% to $1.3 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $1.3 billion, $1.7 billion, and $940.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison