What does spare parts sales — technical expense mean?

Costs related to technical support, engineering assessments, and specialized labor required to evaluate or certify aircraft parts and engines for sale. This reflects the technical expertise and compliance costs inherent in the aviation aftermarket business.

Willis Lease Finance (WLFC) Spare Parts Sales — Technical expense

Screener

Other segment segments

Leasing and Related Operations

$9.73M+56.0%

Similar metrics at other companies

BOTJMortgage — Equipment Expense

$14K0.0%

CTB

CTBICorporate — Equipment Expense

$55K+5.8%

FHNCorporate — Equipment expense

$8M0.0%

FHNWholesale — Equipment expense

$0—

VAB

VABKCorporate — Equipment Expense

$186K+2.2%

BOTJCommunity Banking — Equipment Expense

$723K+11.9%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$56.7M+38.2%

CapEx$3.5M-52.7%

Free cash flow$53.1M+58.5%

Valuation

See full

Market cap$1.29B+12.5%

Enterprise value$3.48B+6.2%

P/E10.6×+1.2×

P/S1.7×-0.1×

Profitability

See full

Gross margin84.7%—

Operating margin14.9%-8.3pp

Net margin15.9%-1.3pp

FCF margin35.4%-4.5pp

Returns & leverage

See full

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:EquipmentExpense.

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, 2026	Leasing and Related Operations	Spare Parts Sales	Eliminations	Total
Cost of maintenance services	8,908	—	(48)	8,860
Write-down of equipment	1,149	—	—	1,149
General and administrative	55,232	1,372	—	56,604
Technical expense	9,727	—	(39)	9,688
Net finance costs:
Interest expense	32,633	—	—	32,633
Loss on debt extinguishment	7,027	—	—	7,027
Total finance costs	39,660	—	—	39,660

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Willis Lease Finance's spare parts sales — technical expense?: Willis Lease Finance (WLFC) reported spare parts sales — technical expense of $0 in Q1 2026.
What does spare parts sales — technical expense mean?: Costs related to technical support, engineering assessments, and specialized labor required to evaluate or certify aircraft parts and engines for sale. This reflects the technical expertise and compliance costs inherent in the aviation aftermarket business.