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Other financials

Income statement

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Revenue$194.3M+23.2%
Operating income$33.8M+41.4%
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:NetIncomeLoss.

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
Income from investments3,0481,351
Income before income taxes36,83825,254
Income tax expense11,7558,385
Net income25,08316,869
Preferred stock dividends1,3531,323
Accretion of preferred stock issuance costs6970
Net income attributable to common shareholders$23,661$15,476
Basic weighted average income per common share$3.49$2.34

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Willis Lease Finance's net income?
Willis Lease Finance (WLFC) reported net income of $25.08M in Q1 2026.
How has Willis Lease Finance's net income changed year-over-year?
Willis Lease Finance's net income increased by 48.7% year-over-year, from $16.87M to $25.08M.
What is the long-term trend for Willis Lease Finance's net income?
Over 4 years (2021 to 2025), Willis Lease Finance's net income has grown at a 141.4% compound annual growth rate (CAGR), from $3.35M to $113.76M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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