Filing Flows › Willis Lease Finance (WLFC) › Q3 2026 › vs Q2 2026
Willis Lease Finance (WLFC) Q3 2026 vs Q2 2026 (quarter over quarter)
Willis Lease Finance's revenue rose $52.3M (+27%) from $194M in Q2 2026 to $246M in Q3 2026. Operating margin 4.7% against 17.5% (-12.8 pts).
Willis Lease Finance, Q3 2026: revenue $246M (+34% year over year), operating margin 4.7%, net earnings $11.7M, operating cash flow $105M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 4.7% | 17.5% | -12.8 pts |
| Net margin | 4.7% | 15.6% | -10.9 pts |
| Free cash flow margin | 41.7% | 38.5% | +3.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $246M | $194M | $52.3M | +27% |
| Other income, net | $7.3M | $4.2M | $3.1M | +75% |
| Operating profit | $11.5M | $34.0M | −$22.5M | -66% |
| Costs & expenses | $235M | $160M | $74.8M | +47% |
| Pre-tax earnings | $18.8M | $38.1M | −$19.4M | -51% |
| Sales & marketing | $91.1M | $15.1M | $76.0M | +503% |
| General & admin | $48.7M | $55.6M | −$6.8M | -12% |
| Other operating costs | $95.0M | $89.4M | $5.7M | +6% |
| Net earnings | $11.7M | $30.3M | −$18.6M | -62% |
| Income tax | $7.1M | $7.8M | −$702K | -9% |
| Depreciation & amortization | $31.4M | $29.1M | $2.3M | +8% |
| Share-based compensation | $12.3M | $12.7M | −$441K | -3% |
| Working capital & other | $49.5M | $5.4M | $44.0M | +811% |
| Operating cash flow | $105M | $77.5M | $27.2M | +35% |
| Free cash flow (OCF − capex) | $103M | $74.8M | $28.0M | +37% |
| Capital expenditures | $2.0M | $2.7M | −$721K | -26% |
Questions
How much did Willis Lease Finance's revenue grow quarter over quarter in Q3 2026?
Willis Lease Finance's revenue rose $52.3M (+27%) from $194M in Q2 2026 to $246M in Q3 2026. Operating margin 4.7% against 17.5% (-12.8 pts).