Willis Lease Reports Q3 2026 Revenue Growth Driven by Equipment Sales and Portfolio Expansion
Willis Lease (WLFC) reported strong third-quarter 2026 results, with total revenue rising 34.3% year-over-year to $246.3 million. This growth was primarily fueled by a massive surge in spare parts and equipment sales, totaling $98.1 million, following the sale of several aircraft and engines. Lease rent revenue also saw a healthy 10.2% increase, supported by an expanding portfolio and strong lease rate factors. The company's assets under management grew to $4.9 billion, bolstered by the acquisition of WNG aircraft and engine leasing entities. While Adjusted EBITDA decreased to $100.9 million compared to the prior year due to non-cash adjustments, the company demonstrated operational strength through increased utilization rates (83.2%) and a growing modern technology fleet mix. Management remains focused on capital deployment with $3 billion in available liquidity.
Tickers: $WLFC
Topics: aircraft leasing assets under management lease rent revenue revenue growth