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Side-by-side financial comparison of AerSale Corp (ASLE) and IonQ, Inc. (IONQ). Click either name above to swap in a different company.
AerSale Corp is the larger business by last-quarter revenue ($90.9M vs $61.9M, roughly 1.5× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs 5.9%, a 1211.8% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs -4.0%). AerSale Corp produced more free cash flow last quarter ($9.8M vs $-83.3M).
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.
IonQ, Inc. is an American quantum computing hardware and software company headquartered in College Park, Maryland. The company develops general-purpose trapped ion quantum computers and accompanying software to generate, optimize, and execute quantum circuits.
ASLE vs IONQ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $90.9M | $61.9M |
| Net Profit | $5.4M | $753.7M |
| Gross Margin | 34.1% | — |
| Operating Margin | 7.8% | -369.4% |
| Net Margin | 5.9% | 1217.8% |
| Revenue YoY | -4.0% | 428.5% |
| Net Profit YoY | 99.7% | 473.1% |
| EPS (diluted) | $0.10 | $2.60 |
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.
| Q4 25 | $90.9M | $61.9M | ||
| Q3 25 | $71.2M | $39.9M | ||
| Q2 25 | $107.4M | $20.7M | ||
| Q1 25 | $65.8M | — | ||
| Q4 24 | $94.7M | $11.7M | ||
| Q3 24 | $82.7M | $12.4M | ||
| Q2 24 | $77.1M | $11.4M | ||
| Q1 24 | $90.5M | — |
| Q4 25 | $5.4M | $753.7M | ||
| Q3 25 | $-120.0K | $-1.1B | ||
| Q2 25 | $8.6M | $-176.8M | ||
| Q1 25 | $-5.3M | — | ||
| Q4 24 | $2.7M | $-202.0M | ||
| Q3 24 | $509.0K | $-52.5M | ||
| Q2 24 | $-3.6M | $-37.6M | ||
| Q1 24 | $6.3M | — |
| Q4 25 | 34.1% | — | ||
| Q3 25 | 30.2% | — | ||
| Q2 25 | 32.9% | — | ||
| Q1 25 | 27.3% | — | ||
| Q4 24 | 31.4% | — | ||
| Q3 24 | 28.6% | — | ||
| Q2 24 | 28.2% | — | ||
| Q1 24 | 31.8% | — |
| Q4 25 | 7.8% | -369.4% | ||
| Q3 25 | 4.0% | -423.5% | ||
| Q2 25 | 11.7% | -776.0% | ||
| Q1 25 | -10.1% | — | ||
| Q4 24 | 5.2% | -661.9% | ||
| Q3 24 | 2.4% | -428.5% | ||
| Q2 24 | -2.4% | -430.0% | ||
| Q1 24 | 5.2% | — |
| Q4 25 | 5.9% | 1217.8% | ||
| Q3 25 | -0.2% | -2646.3% | ||
| Q2 25 | 8.0% | -854.5% | ||
| Q1 25 | -8.0% | — | ||
| Q4 24 | 2.9% | -1725.0% | ||
| Q3 24 | 0.6% | -423.4% | ||
| Q2 24 | -4.7% | -330.0% | ||
| Q1 24 | 6.9% | — |
| Q4 25 | $0.10 | $2.60 | ||
| Q3 25 | $0.00 | $-3.58 | ||
| Q2 25 | $0.18 | $-0.70 | ||
| Q1 25 | $-0.10 | — | ||
| Q4 24 | $0.05 | $-0.95 | ||
| Q3 24 | $0.01 | $-0.24 | ||
| Q2 24 | $-0.07 | $-0.18 | ||
| Q1 24 | $0.12 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.4M | $2.4B |
| Total DebtLower is stronger | $1.3M | — |
| Stockholders' EquityBook value | $424.4M | $3.8B |
| Total Assets | $640.5M | $6.6B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.4M | $2.4B | ||
| Q3 25 | $5.3M | $1.1B | ||
| Q2 25 | $5.7M | $546.9M | ||
| Q1 25 | $4.7M | — | ||
| Q4 24 | $4.7M | $340.3M | ||
| Q3 24 | $9.8M | $365.7M | ||
| Q2 24 | $4.3M | $369.8M | ||
| Q1 24 | $2.6M | — |
| Q4 25 | $1.3M | — | ||
| Q3 25 | $1.5M | — | ||
| Q2 25 | $907.0K | — | ||
| Q1 25 | $1.1M | — | ||
| Q4 24 | $1.2M | — | ||
| Q3 24 | $376.0K | — | ||
| Q2 24 | $522.0K | — | ||
| Q1 24 | $3.5M | — |
| Q4 25 | $424.4M | $3.8B | ||
| Q3 25 | $417.1M | $2.3B | ||
| Q2 25 | $415.9M | $1.2B | ||
| Q1 25 | $406.5M | — | ||
| Q4 24 | $455.6M | $383.9M | ||
| Q3 24 | $451.5M | $435.7M | ||
| Q2 24 | $449.8M | $463.3M | ||
| Q1 24 | $452.0M | — |
| Q4 25 | $640.5M | $6.6B | ||
| Q3 25 | $646.3M | $4.3B | ||
| Q2 25 | $646.7M | $1.3B | ||
| Q1 25 | $646.1M | — | ||
| Q4 24 | $604.7M | $508.4M | ||
| Q3 24 | $601.5M | $497.9M | ||
| Q2 24 | $598.7M | $517.4M | ||
| Q1 24 | $571.7M | — |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $11.4M | $-74.5M |
| Free Cash FlowOCF − Capex | $9.8M | $-83.3M |
| FCF MarginFCF / Revenue | 10.8% | -134.6% |
| Capex IntensityCapex / Revenue | 1.7% | 14.2% |
| Cash ConversionOCF / Net Profit | 2.11× | -0.10× |
| TTM Free Cash FlowTrailing 4 quarters | $-29.1M | $-307.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4M | $-74.5M | ||
| Q3 25 | $-8.9M | $-123.1M | ||
| Q2 25 | $19.8M | $-52.6M | ||
| Q1 25 | $-45.2M | — | ||
| Q4 24 | $37.5M | $-39.4M | ||
| Q3 24 | $10.4M | $-19.2M | ||
| Q2 24 | $-15.3M | $-26.6M | ||
| Q1 24 | $-21.5M | — |
| Q4 25 | $9.8M | $-83.3M | ||
| Q3 25 | $-9.8M | $-127.2M | ||
| Q2 25 | $18.6M | $-53.8M | ||
| Q1 25 | $-47.6M | — | ||
| Q4 24 | $32.3M | $-43.0M | ||
| Q3 24 | $8.9M | $-23.0M | ||
| Q2 24 | $-18.9M | $-34.1M | ||
| Q1 24 | $-25.0M | — |
| Q4 25 | 10.8% | -134.6% | ||
| Q3 25 | -13.8% | -319.1% | ||
| Q2 25 | 17.3% | -259.8% | ||
| Q1 25 | -72.4% | — | ||
| Q4 24 | 34.0% | -367.4% | ||
| Q3 24 | 10.7% | -185.3% | ||
| Q2 24 | -24.6% | -299.3% | ||
| Q1 24 | -27.7% | — |
| Q4 25 | 1.7% | 14.2% | ||
| Q3 25 | 1.3% | 10.4% | ||
| Q2 25 | 1.1% | 5.8% | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 5.6% | 30.7% | ||
| Q3 24 | 1.9% | 30.4% | ||
| Q2 24 | 4.7% | 65.8% | ||
| Q1 24 | 3.9% | — |
| Q4 25 | 2.11× | -0.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | 2.31× | — | ||
| 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
| Products | $57.8M | 64% |
| Maintenance | $23.2M | 26% |
| Leasing Arrangements | $9.9M | 11% |
IONQ
| Other | $31.2M | 50% |
| Platform Consulting And Support Services | $30.7M | 50% |
