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Willis Lease Finance WLFC Spare parts inventory

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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$1.72B+1.9%

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:AirlineRelatedInventoryAircraftParts.

The official record: Willis Lease Finance’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Willis Lease Finance's spare parts inventory?
Willis Lease Finance (WLFC) reported spare parts inventory of $56.32M in Q1 2026.
How has Willis Lease Finance's spare parts inventory changed year-over-year?
Willis Lease Finance's spare parts inventory decreased by 16.3% year-over-year, from $67.32M to $56.32M.
What is the long-term trend for Willis Lease Finance's spare parts inventory?
Over 5 years (2020 to 2025), Willis Lease Finance's spare parts inventory has grown at a -1.0% compound annual growth rate (CAGR), from $59.43M to $56.58M.
What does spare parts inventory mean?
This represents the value of spare parts and components held for sale or internal maintenance use within the aviation business. It reflects the company's investment in inventory to support its service operations and aftermarket sales. Efficient management of this inventory is critical to balancing liquidity with operational readiness.