AerCap Holdings (AER) Operating Expenses (2009 - 2026)
AerCap Holdings (AER) posted Operating Expenses of $1.4 billion for Q2 2026, up 1.67% sequentially from $1.3 billion in Q1 2026, and up 182.45% YoY from $484.7 million in Q2 2025.
AerCap Holdings (AER) Operating Expenses (2009 - 2026) Analysis & Trends
AerCap Holdings has reported Operating Expenses for 18 years, with the latest figure at $1.4 billion in Q2 2026.
- Quarterly Operating Expenses rose 182.45% year-over-year to $1.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.3 billion (up 11.48% YoY) and the FY2025 annual result came in at $4.4 billion, down 22.66% from the prior year.
- Operating Expenses improved to $1.4 billion in Q2 2026 per AER's latest filing, from $1.3 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $4.1 billion in Q1 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 392.11% in 2022, then plunged 66.52% in 2025.
- Over 5 years, Operating Expenses stood at $1.4 billion in 2022, then sank by 40.19% to $820.6 million in 2023, then surged by 64.97% to $1.4 billion in 2024, then increased by 22.12% to $1.7 billion in 2025, then decreased by 17.19% to $1.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $1.3 billion, and $1.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.87 Bn | 33.85 Bn | 978.00 Mn | 453.00 Mn |
| 2 | AerCap Holdings | 23.31 Bn | 23.31 Bn | 2.02 Bn | 1.37 Bn |
| 3 | U-Haul Holding | 14.41 Bn | 14.41 Bn | - | - |
| 4 | Ryder System | 9.95 Bn | 9.95 Bn | 1.45 Bn | 3.16 Bn |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | 419.70 Mn |
| 6 | Herc Holdings | 5.72 Bn | 5.68 Bn | 713.00 Mn | 158.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | 2.93 Bn |
| 8 | WillScot Holdings | 4.15 Bn | 4.13 Bn | 306.26 Mn | 165.71 Mn |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 56.44 Mn |
| 10 | Custom Truck One Source | 2.42 Bn | 2.41 Bn | 123.97 Mn | 77.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.37 Bn |
| Mar 31, 2026 | 1.35 Bn |
| Dec 31, 2025 | 1.65 Bn |
| Sep 30, 2025 | 940.33 Mn |
| Jun 30, 2025 | 484.70 Mn |
| Mar 31, 2025 | 1.36 Bn |
| Dec 31, 2024 | 1.35 Bn |
| Sep 30, 2024 | 1.56 Bn |
| Jun 30, 2024 | 1.45 Bn |
| Mar 31, 2024 | 1.37 Bn |
| Dec 31, 2023 | 820.62 Mn |
| Sep 30, 2023 | 702.43 Mn |
| Jun 30, 2023 | 1.38 Bn |
| Mar 31, 2023 | 1.41 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 1.26 Bn |
| Jun 30, 2022 | 1.30 Bn |
| Mar 31, 2022 | 4.07 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 955.25 Mn |