AerCap Holdings (AER) Operating Expenses (2009 - 2026)
AerCap Holdings' (AER) quarterly Operating Expenses came in at $1.4 billion in Q2 2026, up 182.45% year-over-year from $484.7 million in Q2 2025, and up 1.67% quarter-over-quarter from $1.3 billion in Q1 2026.
Analysis
AerCap Holdings (AER) Operating Expenses (2009 - 2026) Analysis & Trends
AerCap Holdings has disclosed Operating Expenses across 18 years of filings, most recently posting $1.4 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 182.45% year-over-year to $1.4 billion; the TTM figure through Jun 2026 stood at $5.3 billion (up 11.48% YoY), while the FY2025 annual figure was $4.4 billion, down 22.66% from the prior year.
- Operating Expenses came in at $1.4 billion for Q2 2026 at AerCap Holdings, up from $1.3 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.
- Average Operating Expenses over 5 years is $1.4 billion, with a median of $1.4 billion recorded in 2025.
- Year-over-year, Operating Expenses surged 392.11% in 2022 and tumbled 66.52% in 2025.
- Over 5 years, Operating Expenses stood at $1.4 billion in 2022, then tumbled by 40.19% to $820.6 million in 2023, then soared by 64.97% to $1.4 billion in 2024, then climbed by 22.12% to $1.7 billion in 2025, then fell by 17.19% to $1.4 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.4 billion in Q2 2026, $1.3 billion in Q1 2026, and $1.7 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 261.25 Bn | 254.68 Bn | 9.91 Bn | 21.96 Bn |
| 2 | Boeing | 156.66 Bn | 136.65 Bn | 2.41 Bn | 2.35 Bn |
| 3 | Howmet Aerospace | 91.91 Bn | 91.35 Bn | 951.00 Mn | 156.00 Mn |
| 4 | Honeywell International | 65.44 Bn | 56.56 Bn | 3.65 Bn | 1.87 Bn |
| 5 | TransDigm | 60.03 Bn | 57.34 Bn | 1.63 Bn | 332.00 Mn |
| 6 | Heico | 41.65 Bn | 42.03 Bn | 580.99 Mn | 1.06 Bn |
| 7 | AerCap Holdings | 23.63 Bn | 23.63 Bn | - | 1.37 Bn |
| 8 | FTAI Aviation | 19.57 Bn | 19.24 Bn | 317.30 Mn | 758.28 Mn |
| 9 | Woodward | 19.00 Bn | 18.52 Bn | 349.91 Mn | 165.05 Mn |
| 10 | Textron | 13.70 Bn | 12.26 Bn | 304.00 Mn | 427.00 Mn |
Historic Data
Download Data
Historic 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 |