Willis Lease Finance (WLFC) Operating Expenses (2010 - 2026)
Willis Lease Finance (WLFC) posted Operating Expenses of $160.6 million for Q1 2026, down 10.56% sequentially from $179.5 million in Q4 2025, and up 19.97% YoY from $133.8 million in Q1 2025.
Willis Lease Finance (WLFC) Operating Expenses (2010 - 2026) Analysis & Trends
Willis Lease Finance has reported Operating Expenses for 17 years, with the latest figure at $160.6 million in Q1 2026.
- Quarterly Operating Expenses rose 19.97% year-over-year to $160.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $652.7 million (up 39.82% YoY) and the FY2025 annual result came in at $625.9 million, up 47.34% from the prior year.
- Operating Expenses slipped to $160.6 million in Q1 2026 per WLFC's latest filing, from $179.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $179.5 million in Q4 2025 and troughed at $68.1 million in Q3 2022.
- A 5-year average of $109.9 million and a median of $97.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses slipped 13.19% in 2023, then soared 72.33% in 2025.
- Over 5 years, Operating Expenses stood at $71.4 million in 2022, then jumped by 36.53% to $97.5 million in 2023, then increased by 26.57% to $123.4 million in 2024, then jumped by 45.48% to $179.5 million in 2025, then dropped by 10.56% to $160.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $160.6 million, $179.5 million, and $145.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.93 Bn | 33.90 Bn | 978.00 Mn | 453.00 Mn |
| 2 | AerCap Holdings | 23.48 Bn | 23.48 Bn | 2.02 Bn | 1.37 Bn |
| 3 | U-Haul Holding | 14.45 Bn | 14.45 Bn | - | - |
| 4 | Ryder System | 10.02 Bn | 10.02 Bn | 1.45 Bn | 3.16 Bn |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | 419.70 Mn |
| 6 | Herc Holdings | 5.79 Bn | 5.75 Bn | 713.00 Mn | 158.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.43 Bn | - | 2.93 Bn |
| 8 | WillScot Holdings | 4.19 Bn | 4.17 Bn | 306.26 Mn | 165.71 Mn |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 56.44 Mn |
| 10 | Willis Lease Finance | 1.19 Bn | 1.18 Bn | 178.92 Mn | 160.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 160.04 Mn |
| 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 |