Willis Lease Finance Corporation (WLFC) Financial Statements (2026 and earlier)

Company Profile

Business Address 4700 LYONS TECHNOLOGY PARKWAY
COCONUT CREEK, FL 33073
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 508 - Machinery, Equipment, And Supplies (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,4419,1107,07112,14614,32942,540
Cash and cash equivalent16,4419,1107,07112,14614,32942,540
Receivables 35,717 1,7001,600900800
Inventory, net of allowances, customer advances and progress billings56,57772,15040,95438,57750,95959,434
Inventory56,57772,15040,95438,57750,95959,434
Total current assets:108,73581,26049,72552,32366,188102,774
Noncurrent Assets
Operating lease, right-of-use asset 25,4136,5848,65211,3826,0673,784
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization      31,753
Long-term investments and receivables244,195246,299150,665137,628171,383211,983
Long-term investments104,25062,67058,04456,18955,92753,275
Accounts and financing receivable, after allowance for credit loss139,945183,62992,62181,439115,456158,708
Intangible asset, including goodwill, after accumulated amortization, including:2712,9291,0401,1291,1881,246
Goodwill 3001,000    
Intangible asset, excluding goodwill, after accumulated amortization     1,1881,246
Other undisclosed intangible asset, including goodwill, after accumulated amortization(29)1,9291,0401,129  
Total noncurrent assets:269,879255,812160,357150,139178,638248,766
Other undisclosed assets3,557,7012,960,1242,442,2622,372,7552,218,1012,013,408
TOTAL ASSETS:3,936,3153,297,1962,652,3442,575,2172,462,9272,364,948
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt228,547185,049147,779132,516124,332116,838
Deferred income tax liabilities228,547185,049147,779132,516124,332116,838
Total noncurrent liabilities:228,547185,049147,779132,516124,332116,838
Other undisclosed liabilities2,982,2302,499,6872,015,6381,988,1241,912,9051,834,373
Total liabilities:3,210,7772,684,7362,163,4172,120,6402,037,2371,951,211
Temporary equity, including noncontrolling interest63,40163,12249,96449,88949,80549,722
Equity
Equity, attributable to parent662,137549,338438,963404,688375,885364,015
Common stock767268666566
Additional paid in capital72,66350,92829,66720,38615,40113,696
Accumulated other comprehensive income (loss)(1,387)6,89911,44726,7435,031(5,117)
Retained earnings590,785491,439397,781357,493355,388355,370
Total equity:662,137549,338438,963404,688375,885364,015
TOTAL LIABILITIES AND EQUITY:3,936,3153,297,1962,652,3442,575,2172,462,9272,364,948

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues730,241569,223418,555311,927274,202288,692
Operating lease, lease income      142,895
Cost of revenue(258,314)(156,529)(102,165)(100,520)(85,037)(94,794)
Cost of product and service sold(60,865)(35,698)(4,398)(21,849)(7,715)(20,540)
Gross profit:471,927412,694316,390211,407189,165193,898
Operating expenses(367,635)(268,296)(252,168)(201,552)(180,825)(179,204)
Operating income:104,292144,39864,2229,8558,34014,694
Interest and debt expense(135,141)(104,764)(78,795)(64,185)(67,985)(67,712)
Income (loss) from continuing operations before equity method investments, income taxes:(30,849)39,634(14,573)(54,330)(59,645)(53,018)
Income (loss) from equity method investments13,3658,2472,908(62)8002,642
Other undisclosed income from continuing operations before income taxes178,091104,76478,79564,18567,98567,712
Income from continuing operations before income taxes:160,607152,64567,1309,7939,14017,336
Income tax expense(46,849)(44,033)(23,349)(4,354)(5,788)(7,588)
Income from continuing operations:113,758108,61243,7815,4393,3529,748
Income before gain (loss) on sale of properties:✕✕✕✕✕3,3529,748
Net income attributable to parent:113,758108,61243,7815,4393,3529,748
Preferred stock dividends and other adjustments(5,692)(4,234)(3,409)(3,334)(3,334)(3,343)
Net income available to common stockholders, diluted:108,066104,37840,3722,105186,405

Comprehensive Income ($ in thousands)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:113,758108,61243,7815,4393,3529,748
Other comprehensive income (loss)863(414)(523)(1,373)3981,018
Comprehensive income:114,621108,19843,2584,0663,75010,766
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(9,149)(4,328)(14,773)23,0859,750(2,887)
Comprehensive income, net of tax, attributable to parent:105,472103,87028,48527,15113,5007,879

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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