Willis Lease Finance (WLFC) Operating Expenses (2010 - 2026)

Willis Lease Finance's (WLFC) quarterly Operating Expenses came in at $160.6 million in Q1 2026, up 19.97% year-on-year from $133.8 million in Q1 2025, and down 10.56% quarter-over-quarter from $179.5 million in Q4 2025.

Willis Lease Finance (WLFC) Operating Expenses (2010 - 2026) Analysis & Trends

Willis Lease Finance has disclosed Operating Expenses across 17 years of filings, most recently posting $160.6 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $160.6 million, up 19.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $652.7 million (up 39.82% YoY), and the FY2025 annual result was $625.9 million, up 47.34% from the prior year.
  • Operating Expenses came in at $160.6 million for Q1 2026 at Willis Lease Finance, down from $179.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $179.5 million in Q4 2025 to a low of $68.1 million in Q3 2022.
  • The 5-year median for Operating Expenses is $97.0 million (2024), against an average of $109.9 million.
  • Across the five-year window, Operating Expenses retreated 13.19% in 2023 and jumped 72.33% in 2025, its largest moves.
  • Willis Lease Finance's Operating Expenses stood at $71.4 million in 2022, then surged by 36.53% to $97.5 million in 2023, then climbed by 26.57% to $123.4 million in 2024, then surged by 45.48% to $179.5 million in 2025, then decreased by 10.56% to $160.6 million in 2026.
  • The last three Operating Expenses figures came in at $160.6 million (Q1 2026), $179.5 million (Q4 2025), and $145.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 848.61 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 3.01 Bn
3 Avis Budget 6.65 Bn 6.24 Bn - 1.42 Bn
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 410.40 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 234.02 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn 393.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 76.20 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 71.59 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Willis Lease Finance 1.38 Bn 1.36 Bn 179.93 Mn 160.56 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 160.56 Mn
Dec 31, 2025 179.52 Mn
Sep 30, 2025 145.36 Mn
Jun 30, 2025 167.24 Mn
Mar 31, 2025 133.83 Mn
Dec 31, 2024 123.40 Mn
Sep 30, 2024 112.52 Mn
Jun 30, 2024 97.04 Mn
Mar 31, 2024 91.87 Mn
Dec 31, 2023 97.50 Mn
Sep 30, 2023 85.75 Mn
Jun 30, 2023 89.55 Mn
Mar 31, 2023 81.54 Mn
Dec 31, 2022 71.41 Mn
Sep 30, 2022 68.15 Mn
Jun 30, 2022 68.59 Mn
Mar 31, 2022 93.92 Mn
Dec 31, 2021 71.21 Mn
Sep 30, 2021 64.71 Mn
Jun 30, 2021 67.65 Mn