Business
Willis Lease Finance Corporation Reports Record 2025 Financial Results
Delivers Record Pre-Tax Income of $160.6 Million and Record Revenue of $730.2 Million COCONUT CREEK, Fla., March 10, 2026 (GLOBE NEWSWIRE) -- Willis Lease
About this update from Willis Lease Finance Corporation
[{"type":"text","content":"Delivers Record Pre-Tax Income of $160.6 Million and Record Revenue of $730.2 Million\nCOCONUT CREEK, Fla., March 10, 2026 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced its financial results for the year ended December 31, 2025. 2025 Highlights (All metrics compared to 2024, except if noted) Record high annual total revenue of $730.2 million, an increase of 28.3%Record high pre-tax income of $160.6 million, an increase of 5.2%Record high lease rent revenue of $291.6 million, an increase of 22.4%Record high maintenance reserve revenue of $232.0 million, an increase of 8.4%Record high spare parts and equipment sales of $95.5 million, an increase of 252.3%Record high gain on sale of leased equipment of $54.0 million, an increase of 19.9%Record high net income attributable to common shareholders of $108.1 million, an increase of 3.5%Adjusted EBITDA of $459.1 million, an increase of 16.6%Average portfolio utilization increased to 84.9% for 2025, compared to 82.9% Total revenue was $730.2 million for 2025, up 28.3% as compared to $569.2 million for 2024. For 2025, core lease rent and maintenance reserve revenues were $523.6 million in the aggregate, up 15.8% as compared to $452.1 million for 2024. The growth was predominantly driven by core lease and maintenance revenues associated with the continued strength of the aviation marketplace, as airlines leverage the Company’s extensive portfolio of in-demand engines as well as our parts and maintenance capabilities to avoid protracted, expensive engine shop visits. “Our 2025 results were strong,” said Austin C. Willis, Chief Executive Officer of WLFC. “Equally important however were the strategic initiatives and capital markets activities that we put in place to foster long term growth.” 2025 Operating Results Lease rent revenue increased by $53.4 million, or 22.4%, to $291.6 million in 2025 from $238.2 million in 2024. The increase is primarily due to an increase in the average size of the portfolio as compared to that of the prior period as well as an increase in average utilization (based on net book value of equipment held for operating lease, maintenance rights, and notes receivable and investments in sales-type leases net of all...