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Segments

By segment

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Leasing and  Related Operations$30.17M+20.6%
Spare Parts Sales$11K-42.1%

Other financials

Income statement

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Revenue$194.3M+23.2%
Operating income$33.8M+41.4%
Net income$25.1M+48.7%
EPS (diluted)$3.26+47.5%

Balance sheet

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Cash & equivalents$220.6M+47.9%
Total debt$2.4B-3.6%
Total equity$694.4M+22.8%
Total assets$3.5B+7.1%

Cash flow

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Operating cash flow$56.7M+38.2%
CapEx$3.5M-52.7%
Free cash flow$53.1M+58.5%

Valuation

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Market cap$1.35B+18.3%
Enterprise value$3.54B+8.2%
P/E11.1×+1.7×
P/S1.8×0.0×

Profitability

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Gross margin84.7%
Operating margin14.9%-8.3pp
Net margin15.9%-1.3pp
FCF margin35.4%-4.5pp

Returns & leverage

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Return on equity19.4%-1.0pp
Debt / equity3.5×-1.0×

Where this comes from

Reported directly by Willis Lease Finance in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Willis Lease Finance’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001018164-26-000053
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Other revenue913596
Total revenue194,346157,732
EXPENSES
Depreciation and amortization expense30,17825,024
Cost of spare parts and equipment sales14,41715,323
Cost of maintenance services8,8605,329
Write-down of equipment1,1492,109
General and administrative56,60447,720

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Willis Lease Finance's D&A?
Willis Lease Finance (WLFC) reported D&A of $30.18M in Q1 2026.
How has Willis Lease Finance's D&A changed year-over-year?
Willis Lease Finance's D&A increased by 20.6% year-over-year, from $25.02M to $30.18M.
What is the long-term trend for Willis Lease Finance's D&A?
Over 4 years (2021 to 2025), Willis Lease Finance's D&A has grown at a 5.4% compound annual growth rate (CAGR), from $90.5M to $111.55M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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