Business
Willis Lease Finance Corporation Reports Third Quarter 2025 Financial Results
Delivers Quarterly Pre-Tax Income of $43.2 Million and Quarterly Revenue of $183.4 Million Declares Fourth Quarter 2025 Dividend of $0.40 Per Share COCONUT
About this update from Willis Lease Finance Corporation
[{"type":"text","content":"Delivers Quarterly Pre-Tax Income of $43.2 Million and Quarterly Revenue of $183.4 Million Declares Fourth Quarter 2025 Dividend of $0.40 Per Share COCONUT CREEK, Fla., Nov. 04, 2025 (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 third quarter ended September 30, 2025. The Company also announced a quarterly dividend of $0.40 per share, an increase to the Company’s recurring quarterly dividend of $0.25 per share, of common stock outstanding. The dividend is expected to be paid on November 26, 2025 to shareholders of record at the close of business on November 17, 2025. Third Quarter 2025 Highlights (All metrics compared to third quarter 2024, except where noted) Quarterly total revenue of $183.4 million, an increase of 25.4%Income from operations of $38.0 million, an increase of 12.8%Quarterly pre-tax income of $43.2 million, an increase of 25.4%Record high lease rent revenue of $76.6 million, an increase of 17.9%Record high maintenance reserve revenue of $76.1 million, an increase of 52.8%Portfolio utilization increased to 86.0% at quarter end, compared to 82.9% For the three months ended September 30, 2025, total revenue was $183.4 million, up 25.4% as compared to $146.2 million for the same period in 2024. For the third quarter of 2025, core lease rent and maintenance reserve revenues were $152.6 million in the aggregate, up 33.1% as compared to $114.7 million for the same period in 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. “WLFC demonstrated continued momentum in the third quarter of 2025, reflecting the ongoing strength of the aviation marketplace, our platform and our portfolio,” said Austin C. Willis, Chief Executive Officer of WLFC. “The cost of new engines continues to drive demand from operators for our leasing model and the value created by our maintenance capabilities and other programs.” Third Quarter 2025 Operating Results Lease rent revenue increased by ...