Willis Lease Finance (WLFC) Operating Expenses (2010 - 2026)
Willis Lease Finance recorded quarterly Operating Expenses of $160.6 million in Q1 2026, down 10.56% quarter-over-quarter from $179.5 million in Q4 2025, and up 19.97% year-over-year from $133.8 million in Q1 2025.
Willis Lease Finance's Operating Expenses history runs 17 years deep, the most recent figure standing at $160.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 19.97% year-over-year to $160.6 million; the TTM figure through Mar 2026 stood at $652.7 million (up 39.82% YoY), while the FY2025 annual figure 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.
- A 5-year average of $109.9 million and a median of $97.0 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses decreased 13.19% in 2023 and surged 72.33% in 2025, its largest moves.
- Willis Lease Finance's Operating Expenses stood at $71.4 million in 2022, then soared by 36.53% to $97.5 million in 2023, then grew by 26.57% to $123.4 million in 2024, then soared by 45.48% to $179.5 million in 2025, then slipped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 660.32 Mn |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 3.01 Bn |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 848.61 Mn |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 410.40 Mn |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 1.42 Bn |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 234.02 Mn |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 393.00 Mn |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 76.20 Mn |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 71.59 Mn |
| 10 | Willis Lease Finance | 1.23 Bn | 1.21 Bn | 179.93 Mn | 160.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 62.30 Mn |
| Dec 31, 2020 | 68.49 Mn |
| Sep 30, 2020 | 66.03 Mn |
| Jun 30, 2020 | 66.19 Mn |
| Mar 31, 2020 | 73.29 Mn |
| Dec 31, 2019 | 84.84 Mn |
| Sep 30, 2019 | 91.45 Mn |
| Jun 30, 2019 | 75.69 Mn |
| Mar 31, 2019 | 76.88 Mn |
| Dec 31, 2018 | 98.62 Mn |
| Sep 30, 2018 | 68.21 Mn |
| Jun 30, 2018 | 67.42 Mn |
| Mar 31, 2018 | 61.63 Mn |
| Dec 31, 2017 | 61.10 Mn |
| Sep 30, 2017 | 60.65 Mn |
| Jun 30, 2017 | 58.85 Mn |
| Mar 31, 2017 | 65.40 Mn |
| Dec 31, 2016 | 51.82 Mn |
| Sep 30, 2016 | 45.59 Mn |
| Jun 30, 2016 | 43.89 Mn |
| Mar 31, 2016 | 43.84 Mn |
| Dec 31, 2015 | 48.53 Mn |
| Sep 30, 2015 | 53.64 Mn |
| Jun 30, 2015 | 44.91 Mn |
| Mar 31, 2015 | 39.43 Mn |
| Dec 31, 2014 | 42.65 Mn |
| Sep 30, 2014 | 43.53 Mn |
| Jun 30, 2014 | 40.56 Mn |
| Mar 31, 2014 | 36.91 Mn |
| Dec 31, 2013 | 37.14 Mn |
| Sep 30, 2013 | 41.28 Mn |
| Jun 30, 2013 | 39.45 Mn |
| Mar 31, 2013 | 32.78 Mn |
| Dec 31, 2012 | 37.54 Mn |
| Sep 30, 2012 | 48.54 Mn |
| Jun 30, 2012 | 30.32 Mn |
| Mar 31, 2012 | 30.76 Mn |
| Dec 31, 2011 | 34.42 Mn |
| Sep 30, 2011 | 33.55 Mn |
| Jun 30, 2011 | 33.19 Mn |
| Mar 31, 2011 | 32.91 Mn |
| Dec 31, 2010 | 33.16 Mn |
| Sep 30, 2010 | 35.30 Mn |
| Jun 30, 2010 | 30.12 Mn |