Filing Flows › Willis Lease Finance (WLFC) › Q2 2026 › vs Q2 2025
Willis Lease Finance (WLFC) Q2 2026 vs Q2 2025 (year over year)
Willis Lease Finance's revenue fell $1.5M (-0.8%) from $196M in Q2 2025 to $194M in Q2 2026. Operating margin 17.5% against 14.5% (+3.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.5% | 14.5% | +3.1 pts |
| Net margin | 15.6% | 30.9% | -15.3 pts |
| Free cash flow margin | 38.5% | 48.4% | -9.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $194M | $196M | −$1.5M | -0.8% |
| Other income, net | $4.2M | $46.0M | −$41.9M | -91% |
| Operating profit | $34.0M | $28.3M | $5.7M | +20% |
| Costs & expenses | $160M | $167M | −$7.2M | -4% |
| Pre-tax earnings | $38.1M | $74.3M | −$36.1M | -49% |
| Sales & marketing | $15.1M | $28.1M | −$13.0M | -46% |
| General & admin | $55.6M | $50.4M | $5.1M | +10% |
| Other operating costs | $89.4M | $88.7M | $679K | +0.8% |
| Net earnings | $30.3M | $60.4M | −$30.1M | -50% |
| Income tax | $7.8M | $13.9M | −$6.1M | -44% |
| Depreciation & amortization | $29.1M | $27.6M | $1.5M | +6% |
| Share-based compensation | $12.7M | $16.8M | −$4.0M | -24% |
| Working capital & other | $5.4M | −$500K | $5.9M | — |
| Operating cash flow | $77.5M | $104M | −$26.7M | -26% |
| Free cash flow (OCF − capex) | $74.8M | $94.5M | −$19.8M | -21% |
| Capital expenditures | $2.7M | $9.6M | −$6.9M | -72% |
Questions
How much did Willis Lease Finance's revenue grow year over year in Q2 2026?
Willis Lease Finance's revenue fell $1.5M (-0.8%) from $196M in Q2 2025 to $194M in Q2 2026. Operating margin 17.5% against 14.5% (+3.1 pts).