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Side-by-side financial comparison of AerSale Corp (ASLE) and NWPX Infrastructure, Inc. (NWPX). Click either name above to swap in a different company.
NWPX Infrastructure, Inc. is the larger business by last-quarter revenue ($138.3M vs $90.9M, roughly 1.5× AerSale Corp). NWPX Infrastructure, Inc. runs the higher net margin — 7.6% vs 5.9%, a 1.7% gap on every dollar of revenue. On growth, NWPX Infrastructure, Inc. posted the faster year-over-year revenue change (19.1% vs -4.0%). Over the past eight quarters, NWPX Infrastructure, Inc.'s revenue compounded faster (3.3% CAGR vs 0.2%).
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.
ASLE vs NWPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $90.9M | $138.3M |
| Net Profit | $5.4M | $10.5M |
| Gross Margin | 34.1% | 19.3% |
| Operating Margin | 7.8% | 9.2% |
| Net Margin | 5.9% | 7.6% |
| Revenue YoY | -4.0% | 19.1% |
| Net Profit YoY | 99.7% | 165.7% |
| EPS (diluted) | $0.10 | $1.08 |
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.
| Q1 26 | — | $138.3M | ||
| Q4 25 | $90.9M | $125.6M | ||
| Q3 25 | $71.2M | $151.1M | ||
| Q2 25 | $107.4M | $133.2M | ||
| Q1 25 | $65.8M | $116.1M | ||
| Q4 24 | $94.7M | $119.6M | ||
| Q3 24 | $82.7M | $130.2M | ||
| Q2 24 | $77.1M | $129.5M |
| Q1 26 | — | $10.5M | ||
| Q4 25 | $5.4M | $8.9M | ||
| Q3 25 | $-120.0K | $13.5M | ||
| Q2 25 | $8.6M | $9.1M | ||
| Q1 25 | $-5.3M | $4.0M | ||
| Q4 24 | $2.7M | $10.1M | ||
| Q3 24 | $509.0K | $10.3M | ||
| Q2 24 | $-3.6M | $8.6M |
| Q1 26 | — | 19.3% | ||
| Q4 25 | 34.1% | 21.3% | ||
| Q3 25 | 30.2% | 21.3% | ||
| Q2 25 | 32.9% | 19.0% | ||
| Q1 25 | 27.3% | 16.7% | ||
| Q4 24 | 31.4% | 18.8% | ||
| Q3 24 | 28.6% | 20.8% | ||
| Q2 24 | 28.2% | 19.9% |
| Q1 26 | — | 9.2% | ||
| Q4 25 | 7.8% | 10.4% | ||
| Q3 25 | 4.0% | 12.6% | ||
| Q2 25 | 11.7% | 9.9% | ||
| Q1 25 | -10.1% | 4.8% | ||
| Q4 24 | 5.2% | 8.8% | ||
| Q3 24 | 2.4% | 11.9% | ||
| Q2 24 | -2.4% | 10.5% |
| Q1 26 | — | 7.6% | ||
| Q4 25 | 5.9% | 7.1% | ||
| Q3 25 | -0.2% | 8.9% | ||
| Q2 25 | 8.0% | 6.8% | ||
| Q1 25 | -8.0% | 3.4% | ||
| Q4 24 | 2.9% | 8.4% | ||
| Q3 24 | 0.6% | 7.9% | ||
| Q2 24 | -4.7% | 6.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | $0.10 | $0.88 | ||
| Q3 25 | $0.00 | $1.38 | ||
| Q2 25 | $0.18 | $0.91 | ||
| Q1 25 | $-0.10 | $0.39 | ||
| Q4 24 | $0.05 | $1.00 | ||
| Q3 24 | $0.01 | $1.02 | ||
| Q2 24 | $-0.07 | $0.86 |
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 | $14.3M |
| Total DebtLower is stronger | $1.3M | $10.7M |
| Stockholders' EquityBook value | $424.4M | $403.7M |
| Total Assets | $640.5M | $634.1M |
| Debt / EquityLower = less leverage | 0.00× | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $14.3M | ||
| Q4 25 | $4.4M | $2.3M | ||
| Q3 25 | $5.3M | $2.7M | ||
| Q2 25 | $5.7M | $2.0M | ||
| Q1 25 | $4.7M | $5.3M | ||
| Q4 24 | $4.7M | $5.0M | ||
| Q3 24 | $9.8M | $5.7M | ||
| Q2 24 | $4.3M | $4.5M |
| Q1 26 | — | $10.7M | ||
| 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 26 | — | $403.7M | ||
| Q4 25 | $424.4M | $394.8M | ||
| Q3 25 | $417.1M | $386.4M | ||
| Q2 25 | $415.9M | $379.5M | ||
| Q1 25 | $406.5M | $378.5M | ||
| Q4 24 | $455.6M | $374.0M | ||
| Q3 24 | $451.5M | $362.4M | ||
| Q2 24 | $449.8M | $351.2M |
| Q1 26 | — | $634.1M | ||
| Q4 25 | $640.5M | $579.6M | ||
| Q3 25 | $646.3M | $605.2M | ||
| Q2 25 | $646.7M | $592.6M | ||
| Q1 25 | $646.1M | $582.2M | ||
| Q4 24 | $604.7M | $589.7M | ||
| Q3 24 | $601.5M | $617.2M | ||
| Q2 24 | $598.7M | $631.7M |
| Q1 26 | — | 0.03× | ||
| 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× | — |
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 | $29.3M |
| Free Cash FlowOCF − Capex | $9.8M | — |
| FCF MarginFCF / Revenue | 10.8% | — |
| Capex IntensityCapex / Revenue | 1.7% | — |
| Cash ConversionOCF / Net Profit | 2.11× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $-29.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $29.3M | ||
| Q4 25 | $11.4M | $36.0M | ||
| Q3 25 | $-8.9M | $21.0M | ||
| Q2 25 | $19.8M | $5.4M | ||
| Q1 25 | $-45.2M | $4.8M | ||
| Q4 24 | $37.5M | $36.1M | ||
| Q3 24 | $10.4M | $22.7M | ||
| Q2 24 | $-15.3M | $22.3M |
| Q1 26 | — | — | ||
| Q4 25 | $9.8M | $30.8M | ||
| Q3 25 | $-9.8M | $13.2M | ||
| Q2 25 | $18.6M | $1.9M | ||
| Q1 25 | $-47.6M | $1.2M | ||
| Q4 24 | $32.3M | $31.9M | ||
| Q3 24 | $8.9M | $16.8M | ||
| Q2 24 | $-18.9M | $16.2M |
| Q1 26 | — | — | ||
| Q4 25 | 10.8% | 24.5% | ||
| Q3 25 | -13.8% | 8.7% | ||
| Q2 25 | 17.3% | 1.4% | ||
| Q1 25 | -72.4% | 1.0% | ||
| Q4 24 | 34.0% | 26.7% | ||
| Q3 24 | 10.7% | 12.9% | ||
| Q2 24 | -24.6% | 12.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.7% | 4.1% | ||
| Q3 25 | 1.3% | 5.2% | ||
| Q2 25 | 1.1% | 2.6% | ||
| Q1 25 | 3.7% | 3.2% | ||
| Q4 24 | 5.6% | 3.5% | ||
| Q3 24 | 1.9% | 4.6% | ||
| Q2 24 | 4.7% | 4.7% |
| Q1 26 | — | 2.78× | ||
| Q4 25 | 2.11× | 4.06× | ||
| Q3 25 | — | 1.55× | ||
| Q2 25 | 2.31× | 0.60× | ||
| Q1 25 | — | 1.22× | ||
| Q4 24 | 13.89× | 3.58× | ||
| Q3 24 | 20.52× | 2.22× | ||
| Q2 24 | — | 2.58× |
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% |
NWPX
| Water Transmission Systems | $93.5M | 68% |
| Precast Infrastructure and Engineered Systems | $44.8M | 32% |
