WILLIS LEASE FINANCE CORP Q2 2026: Revenue $194M, EPS $1.31— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Willis Lease Finance Corp reported Q2 2026 results with revenue of $194M, essentially flat year-over-year. Diluted EPS was $1.31, down from $2.81 in the prior year period. Net income attributable to common shareholders declined to $28.7M from $59M. Despite lower net income, the company saw growth in lease rent revenue, maintenance services, and asset disposals, driven by portfolio expansion and new fund management activities.
WILLIS LEASE FINANCE CORP reported second-quarter 2026 results with revenue essentially flat year over year at $194M and diluted EPS of $1.31, while net income attributable to common shareholders declined to $28.7M from $59M a year earlier.
Financial Highlights
- Revenue: $194.0M for Q2 2026, compared with $195.5M in the year‑ago quarter (YoY change (0.8%)).
- Net income: $28.7M attributable to common shareholders for Q2 2026, down from $59.0M in the year‑ago quarter.
- Diluted EPS: $1.31 for Q2 2026, versus $2.81 in the year‑ago quarter.
Business Highlights
- Portfolio growth: Lease portfolio expanded, including 33 engines, with aircraft and parts sales contributing to lease rent revenue growth of about 6.7% quarter over quarter and 10.4% year to date.
- Shift to services and funds: Management and advisory fees rose as the company launched and began managing new LMI and BXCI funds, increasing recurring fee revenue.
- Sales and trading momentum: Increased asset disposals (35 engines year to date) drove higher gains on sale and strong equipment trading margins.
- Maintenance and services expansion: Maintenance services, storage and repair revenue grew roughly 11.9% quarter over quarter and 37.7% year to date, reflecting higher technical activity and utilization.
Original SEC Filing: WILLIS LEASE FINANCE CORP [ WLFC ] - 10-Q - Aug. 04, 2026