Willis Lease Finance Corp income statement

In fiscal 2025, Willis Lease Finance Corp reported revenue of $730m, up 28.3% on the year before, operating income of $104m (a 14.3% margin) and net income of $114m, or $15.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Willis Lease Finance Corp: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	150	148	157	148	158	174	198	207	275	348	409	289	274	312	419	569	730	765
Cost of revenue	—	—	—	—	—	—	—	13	41	61	63	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	194	234	287	347	—	—	—	—	—	—	—
General and administrative	27	29	36	35	34	36	43	48	56	72	87	68	75	93	116	147	195	209
Operating income	31	19	23	1	8	10	12	22	29	52	80	15	8	10	64	144	104	120
Interest expense	36	41	35	32	39	37	39	41	49	64	67	63	68	67	79	105	132	129
Provision for credit losses	1	−0	0	1	−1	−0	1	−1	0	2	−0	0	−0	1	1	−1	−1	−0
Income before tax	32	20	24	3	11	12	13	24	36	56	89	17	9	10	67	153	161	136
Income tax	10	8	9	1	−4	5	6	10	−26	13	22	8	6	4	23	44	47	44
Net income	22	12	15	2	16	7	6	14	62	43	67	10	3	5	44	109	114	92
Diluted EPS	$2.14	$0.96	$1.28	−$0.43	$1.89	$0.88	$0.81	$2.05	$9.69	$6.60	$10.50	$1.05	$0.00	$0.33	$6.23	$15.34	$15.39	—
Diluted shares (average)	9m	9m	9m	9m	8m	8m	8m	7m	6m	6m	6m	6m	6m	6m	6m	7m	7m	—
EBITDA	76	67	74	54	67	76	81	88	95	129	167	109	99	98	155	237	216	238

US$ millions unless shown otherwise. Fiscal quarters.

Willis Lease Finance Corp: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	146	153	158	196	183	194	194	194
General and administrative	40	42	48	50	49	47	57	56
Operating income	34	29	24	28	38	14	34	34
Interest expense	28	29	32	34	34	32	33	30
Provision for credit losses	−1	−0	−0	−0	0	−1	0	−0
Income before tax	34	30	25	74	43	18	37	38
Income tax	10	9	8	14	19	6	12	8
Net income	24	21	17	60	24	12	25	30
Diluted EPS	$3.37	$2.77	$2.21	$2.81	$1.08	$1.50	$1.09	$1.31
EBITDA	57	54	49	56	67	44	64	63

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Willis Lease Finance Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Willis Lease Finance Corp.