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Willis Lease Finance WLFC Spare parts and equipment sales — Other sales and revenue

Other product segments

Maintenance Services
$9.77M+74.9%
Other revenue
$9.46M+323%

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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$1.35B+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:RevenueFromContractWithCustomerIncludingAssessedTax.

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
REVENUE
Lease rent revenue$77,385$67,739
Maintenance reserve revenue55,51254,859
Spare parts and equipment sales21,68718,240
Interest revenue2,7883,934
Gain on sale of leased equipment17,9594,437
Gain on sale of financial assets438378
Maintenance services revenue9,7695,586

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Willis Lease Finance's spare parts and equipment sales — other sales and revenue?
Willis Lease Finance (WLFC) reported spare parts and equipment sales — other sales and revenue of $21.69M in Q1 2026.
How has Willis Lease Finance's spare parts and equipment sales — other sales and revenue changed year-over-year?
Willis Lease Finance's spare parts and equipment sales — other sales and revenue increased by 18.9% year-over-year, from $18.24M to $21.69M.
What is the long-term trend for Willis Lease Finance's spare parts and equipment sales — other sales and revenue?
Over 4 years (2021 to 2025), Willis Lease Finance's spare parts and equipment sales — other sales and revenue has grown at a 53.0% compound annual growth rate (CAGR), from $17.42M to $95.48M.
What does spare parts and equipment sales — other sales and revenue mean?
This metric captures ancillary revenue streams generated within the spare parts and equipment sales segment, excluding primary product sales. It reflects income from secondary services, logistics, or miscellaneous equipment-related activities that support the broader aviation asset lifecycle. Monitoring this figure helps investors assess the diversification and stability of the company's secondary revenue sources within its specialized aviation aftermarket business.

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