Filing Flows

Filing Flows › Willis Lease Finance (WLFC) › Q2 2026 › vs Q1 2026

Willis Lease Finance (WLFC) Q2 2026 vs Q1 2026 (quarter over quarter)

Willis Lease Finance's revenue fell $329K (-0.2%) from $194M in Q1 2026 to $194M in Q2 2026. Operating margin 17.5% against 17.4% (+0.1 pts).

Willis Lease Finance, Q2 2026: revenue $194M (-0.8% year over year), operating margin 17.5%, net earnings $30.3M, operating cash flow $77.5M. The chart draws each line against Q1 2026, the increases inside each band.

Willis Lease Finance: what changed, Q2 2026 vs Q1 2026Willis Lease Finance: what changed, Q2 2026 vs Q1 2026Free cash flow (OCF − capex)$21.6MOperating cash flow$20.8MWorking capital & other$17.8MNet earnings$5.2MIncome tax−$3.9MPre-tax earnings$1.3MOther income, net$1.1MDepreciation & amortization−$1.1MShare-based compensation−$1.0MGeneral & admin−$1.0M

Margins

Q2 2026Q1 2026Change
Operating margin17.5%17.4%+0.1 pts
Net margin15.6%12.9%+2.7 pts
Free cash flow margin38.5%27.3%+11.2 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$194M$194M−$329K-0.2%
Other income, net$4.2M$3.0M$1.1M+37%
Operating profit$34.0M$33.8M$186K+0.6%
Costs & expenses$160M$161M−$515K-0.3%
Pre-tax earnings$38.1M$36.8M$1.3M+4%
Sales & marketing$15.1M$14.4M$680K+5%
General & admin$55.6M$56.6M−$1.0M-2%
Other operating costs$89.4M$89.5M−$150K-0.2%
Net earnings$30.3M$25.1M$5.2M+21%
Income tax$7.8M$11.8M−$3.9M-33%
Depreciation & amortization$29.1M$30.2M−$1.1M-4%
Share-based compensation$12.7M$13.8M−$1.0M-8%
Working capital & other$5.4M−$12.3M$17.8M—
Operating cash flow$77.5M$56.7M$20.8M+37%
Free cash flow (OCF − capex)$74.8M$53.1M$21.6M+41%
Capital expenditures$2.7M$3.5M−$793K-22%

Questions

How much did Willis Lease Finance's revenue grow quarter over quarter in Q2 2026?

Willis Lease Finance's revenue fell $329K (-0.2%) from $194M in Q1 2026 to $194M in Q2 2026. Operating margin 17.5% against 17.4% (+0.1 pts).

Q2 2026 results → · Compare in the interactive Sankey →