AYR · As filed with the SEC

Aircastle income statement, by fiscal year

The statement as Aircastle presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Statements of Income · USD thousands

USD thousands	FY2025 Year ended Feb 28, 2026	FY2024 Year ended Feb 28, 2025	FY2023 Year ended Feb 29, 2024	FY2022 Year ended Feb 28, 2023
Revenues:
Lease rental revenue	759,701	652,379	603,571	586,508
Direct financing and sales-type lease revenue	20,945	21,295	16,503	9,030
Amortization of lease premiums, discounts and incentives	280	(21,682)	(20,420)	(20,574)
Maintenance revenue	95,654	90,490	132,179	138,099
Total lease revenue	876,580	742,482	731,833	713,063
Gain on sale or disposition of flight equipment	95,889	77,191	121,646	70,860
Other revenue	2,650	1,302	1,937	12,110
Total revenues	975,119	820,975	855,416	796,033
Operating expenses:
Depreciation	384,028	355,666	348,229	332,663
Interest, net	282,139	247,923	229,050	204,606
Selling, general and administrative	89,483	86,416	82,127	76,857
Provision (benefit) for credit losses	(57)	8,715	12,081	1,507
Impairment of flight equipment	53,323	19,391	55,240	85,623
Maintenance and other costs	17,101	16,938	29,884	22,196
Total operating expenses	826,017	735,049	756,611	723,452
Other income (expense):
Gain (loss) on extinguishment of debt	(2,973)	285	0	(636)
Merger expenses	—	—	—	0
Other	74,120	56,247	5,571	14,092
Total other income	71,147	56,532	5,571	13,456
Income from continuing operations before income taxes and earnings of unconsolidated equity method investment	220,249	142,458	104,376	86,037
Income tax provision	28,863	21,948	23,265	25,466
Earnings of unconsolidated equity method investment, net of tax	2,662	3,103	2,205	2,188
Net income	194,048	123,613	83,316	62,759
Preference share dividends	(21,000)	(21,000)	(21,000)	(21,000)
Income from continuing operations available to common shareholders — Basic	173,048	102,613	62,316	41,759
Total comprehensive income	173,048	102,613	62,316	41,759

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.