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| 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 |