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Willis Lease Finance WLFC Spare Parts Sales — Interest Expense

Other segment segments

Leasing and  Related Operations
$32.63M+1.7%

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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:InterestExpense.

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
Three months ended March 31, 2026Leasing and Related OperationsSpare Parts SalesEliminationsTotal
General and administrative55,2321,37256,604
Technical expense9,727(39)9,688
Net finance costs:
Interest expense32,63332,633
Loss on debt extinguishment7,0277,027
Total finance costs39,66039,660
Total expenses150,54617,470(7,460)160,556
Income from operations$33,771$147$(128)$33,790

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Willis Lease Finance's spare parts sales — interest expense?
Willis Lease Finance (WLFC) reported spare parts sales — interest expense of $0 in Q1 2026.
What does spare parts sales — interest expense mean?
This metric represents the interest costs specifically allocated to the spare parts sales business segment. It reflects the financing charges incurred to support the inventory and operational activities of the aftermarket engine and component sales division.

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