Willis Lease Finance Corporation

Willis Lease Finance Corporation reported strong financial performance for the year ended December 31, 2025. Total revenue increased 28.3% to $730.2 million from $569.2 million in 2024. Key revenue drivers included a 22.4% increase in lease rent revenue to $291.6 million, an 8.4% increase in maintenance reserve revenue to $232.0 million, and a 252.3% surge in spare parts and equipment sales to $95.5 million. Net income attributable to common shareholders was $108.1 million. The company maintained an average equipment utilization rate of 85% and ended the year with $2.8 billion in operating lease portfolio equipment. Forward-looking significance includes $2.0 billion in fixed-rate financing, $350 million in available credit under its revolving facility, and purchase commitments for new engines totaling $961.4 million through 2030.

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