- AerCap reported GAAP net income of $949m (€816m) for Q3 2026.
- Adjusted net income was a record $1,009m (€868m).
- Full-year 2026 adjusted earnings per share guidance rose to about $20.70 (€17.80).
- The portfolio included 3,482 aircraft, engines and helicopters.
- AerCap repurchased over $2.2bn (€1.89bn) of shares in 2026.
AerCap Holdings has reported record financial results for the third quarter of 2026 and raised guidance for the full year. GAAP net income was $949m (€816m) or $6.17 (€5.31) per share. Adjusted net income was a record $1,009m (€868m) or $6.56 (€5.64) per share. The lessor raised full-year 2026 adjusted earnings per share guidance to approximately $20.70 (€17.80) before any fourth quarter gains on sale.
GAAP return on equity was 20pc and adjusted return on equity was a record 22pc. Cash flow from operating activities was $1.8bn (€1.55bn). Capex was $1.9bn (€1.63bn) including purchase of 32 aircraft. Asset sales reached $1.1bn (€946m) with $353m (€304m) of gains, an unlevered gain-on-sale margin of 45pc. AerCap repurchased 5.3m shares for about $783m (€673m) during the quarter, bringing total 2026 repurchases to over $2.2bn (€1.89bn).
The portfolio consisted of 3,482 aircraft, engines and helicopters owned, on order or managed as of 30 September 2026. The average age of the owned passenger fleet was 7.3 years and average remaining contracted lease term was 7.4 years. The board declared a quarterly cash dividend of $0.40 per share payable on 3 December 2026.
Aengus Kelly shared “AerCap delivered another quarter of record results and raised guidance, reflecting the power of our platform and the continued demand for high-quality aviation assets. While higher fuel prices are impacting airline profitability, the fundamental supply-demand dynamics in commercial aviation remain favorable for AerCap.”
