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Side-by-side financial comparison of AerSale Corp (ASLE) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $90.9M, roughly 1.1× AerSale Corp). AerSale Corp runs the higher net margin — 5.9% vs -5.2%, a 11.1% gap on every dollar of revenue. AerSale Corp produced more free cash flow last quarter ($9.8M vs $-5.2M).

AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

ASLE vs GCL — Head-to-Head

Bigger by revenue
GCL
GCL
1.1× larger
GCL
$98.7M
$90.9M
ASLE
Higher net margin
ASLE
ASLE
11.1% more per $
ASLE
5.9%
-5.2%
GCL
More free cash flow
ASLE
ASLE
$15.0M more FCF
ASLE
$9.8M
$-5.2M
GCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ASLE
ASLE
GCL
GCL
Revenue
$90.9M
$98.7M
Net Profit
$5.4M
$-5.1M
Gross Margin
34.1%
11.0%
Operating Margin
7.8%
-6.7%
Net Margin
5.9%
-5.2%
Revenue YoY
-4.0%
Net Profit YoY
99.7%
EPS (diluted)
$0.10
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASLE
ASLE
GCL
GCL
Q4 25
$90.9M
Q3 25
$71.2M
$98.7M
Q2 25
$107.4M
$142.1M
Q1 25
$65.8M
Q4 24
$94.7M
Q3 24
$82.7M
$36.1M
Q2 24
$77.1M
Q1 24
$90.5M
Net Profit
ASLE
ASLE
GCL
GCL
Q4 25
$5.4M
Q3 25
$-120.0K
$-5.1M
Q2 25
$8.6M
$5.6M
Q1 25
$-5.3M
Q4 24
$2.7M
Q3 24
$509.0K
$-1.9M
Q2 24
$-3.6M
Q1 24
$6.3M
Gross Margin
ASLE
ASLE
GCL
GCL
Q4 25
34.1%
Q3 25
30.2%
11.0%
Q2 25
32.9%
15.0%
Q1 25
27.3%
Q4 24
31.4%
Q3 24
28.6%
16.2%
Q2 24
28.2%
Q1 24
31.8%
Operating Margin
ASLE
ASLE
GCL
GCL
Q4 25
7.8%
Q3 25
4.0%
-6.7%
Q2 25
11.7%
2.3%
Q1 25
-10.1%
Q4 24
5.2%
Q3 24
2.4%
-5.6%
Q2 24
-2.4%
Q1 24
5.2%
Net Margin
ASLE
ASLE
GCL
GCL
Q4 25
5.9%
Q3 25
-0.2%
-5.2%
Q2 25
8.0%
3.9%
Q1 25
-8.0%
Q4 24
2.9%
Q3 24
0.6%
-5.2%
Q2 24
-4.7%
Q1 24
6.9%
EPS (diluted)
ASLE
ASLE
GCL
GCL
Q4 25
$0.10
Q3 25
$0.00
$-0.04
Q2 25
$0.18
$0.05
Q1 25
$-0.10
Q4 24
$0.05
Q3 24
$0.01
Q2 24
$-0.07
Q1 24
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASLE
ASLE
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$4.4M
$16.6M
Total DebtLower is stronger
$1.3M
$52.0M
Stockholders' EquityBook value
$424.4M
$33.1M
Total Assets
$640.5M
$159.9M
Debt / EquityLower = less leverage
0.00×
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASLE
ASLE
GCL
GCL
Q4 25
$4.4M
Q3 25
$5.3M
$16.6M
Q2 25
$5.7M
$18.2M
Q1 25
$4.7M
Q4 24
$4.7M
Q3 24
$9.8M
$2.7M
Q2 24
$4.3M
Q1 24
$2.6M
Total Debt
ASLE
ASLE
GCL
GCL
Q4 25
$1.3M
Q3 25
$1.5M
$52.0M
Q2 25
$907.0K
$11.9M
Q1 25
$1.1M
Q4 24
$1.2M
Q3 24
$376.0K
Q2 24
$522.0K
Q1 24
$3.5M
Stockholders' Equity
ASLE
ASLE
GCL
GCL
Q4 25
$424.4M
Q3 25
$417.1M
$33.1M
Q2 25
$415.9M
$35.9M
Q1 25
$406.5M
Q4 24
$455.6M
Q3 24
$451.5M
$15.9M
Q2 24
$449.8M
Q1 24
$452.0M
Total Assets
ASLE
ASLE
GCL
GCL
Q4 25
$640.5M
Q3 25
$646.3M
$159.9M
Q2 25
$646.7M
$101.6M
Q1 25
$646.1M
Q4 24
$604.7M
Q3 24
$601.5M
$49.6M
Q2 24
$598.7M
Q1 24
$571.7M
Debt / Equity
ASLE
ASLE
GCL
GCL
Q4 25
0.00×
Q3 25
0.00×
1.57×
Q2 25
0.00×
0.33×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASLE
ASLE
GCL
GCL
Operating Cash FlowLast quarter
$11.4M
$-4.8M
Free Cash FlowOCF − Capex
$9.8M
$-5.2M
FCF MarginFCF / Revenue
10.8%
-5.3%
Capex IntensityCapex / Revenue
1.7%
0.4%
Cash ConversionOCF / Net Profit
2.11×
TTM Free Cash FlowTrailing 4 quarters
$-29.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASLE
ASLE
GCL
GCL
Q4 25
$11.4M
Q3 25
$-8.9M
$-4.8M
Q2 25
$19.8M
$-10.3M
Q1 25
$-45.2M
Q4 24
$37.5M
Q3 24
$10.4M
$6.1M
Q2 24
$-15.3M
Q1 24
$-21.5M
Free Cash Flow
ASLE
ASLE
GCL
GCL
Q4 25
$9.8M
Q3 25
$-9.8M
$-5.2M
Q2 25
$18.6M
$-10.5M
Q1 25
$-47.6M
Q4 24
$32.3M
Q3 24
$8.9M
Q2 24
$-18.9M
Q1 24
$-25.0M
FCF Margin
ASLE
ASLE
GCL
GCL
Q4 25
10.8%
Q3 25
-13.8%
-5.3%
Q2 25
17.3%
-7.4%
Q1 25
-72.4%
Q4 24
34.0%
Q3 24
10.7%
Q2 24
-24.6%
Q1 24
-27.7%
Capex Intensity
ASLE
ASLE
GCL
GCL
Q4 25
1.7%
Q3 25
1.3%
0.4%
Q2 25
1.1%
0.1%
Q1 25
3.7%
Q4 24
5.6%
Q3 24
1.9%
Q2 24
4.7%
Q1 24
3.9%
Cash Conversion
ASLE
ASLE
GCL
GCL
Q4 25
2.11×
Q3 25
Q2 25
2.31×
-1.84×
Q1 25
Q4 24
13.89×
Q3 24
20.52×
Q2 24
Q1 24
-3.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASLE
ASLE

Products$57.8M64%
Maintenance$23.2M26%
Leasing Arrangements$9.9M11%

GCL
GCL

Segment breakdown not available.

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