Filing Flows › Willis Lease Finance (WLFC) › Q3 2026 › vs Q3 2025
Willis Lease Finance (WLFC) Q3 2026 vs Q3 2025 (year over year)
Willis Lease Finance's revenue rose $62.9M (+34%) from $183M in Q3 2025 to $246M in Q3 2026. Operating margin 4.7% against 20.7% (-16.1 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.7% | 20.7% | -16.1 pts |
| Net margin | 4.7% | 13.3% | -8.5 pts |
| Free cash flow margin | 41.7% | 31.5% | +10.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $246M | $183M | $62.9M | +34% |
| Other income, net | $7.3M | $5.2M | $2.1M | +41% |
| Operating profit | $11.5M | $38.0M | −$26.5M | -70% |
| Costs & expenses | $235M | $145M | $89.5M | +62% |
| Pre-tax earnings | $18.8M | $43.2M | −$24.4M | -57% |
| Sales & marketing | $91.1M | $6.7M | $84.4M | 14× |
| General & admin | $48.7M | $49.2M | −$458K | -0.9% |
| Other operating costs | $95.0M | $89.5M | $5.5M | +6% |
| Net earnings | $11.7M | $24.3M | −$12.7M | -52% |
| Income tax | $7.1M | $18.9M | −$11.8M | -62% |
| Depreciation & amortization | $31.4M | $28.7M | $2.7M | +9% |
| Share-based compensation | $12.3M | $11.3M | $981K | +9% |
| Working capital & other | $49.5M | −$385K | $49.8M | — |
| Operating cash flow | $105M | $63.9M | $40.9M | +64% |
| Free cash flow (OCF − capex) | $103M | $57.8M | $44.9M | +78% |
| Capital expenditures | $2.0M | $6.0M | −$4.0M | -67% |
Questions
How much did Willis Lease Finance's revenue grow year over year in Q3 2026?
Willis Lease Finance's revenue rose $62.9M (+34%) from $183M in Q3 2025 to $246M in Q3 2026. Operating margin 4.7% against 20.7% (-16.1 pts).