Here are the 10-K annual reports from Willis Lease Finance Corp (WLFC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow WLFC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WLFC filings page.
Willis Lease Finance Corporation filed an amendment to its 2025 annual report solely to add required Inline XBRL data files; no other information from the original filing was changed.
The company is a global lessor and servicer of commercial aircraft engines, aircraft and related parts. As of December 31, 2025, it held $2,801.7 million of equipment in its operating lease portfolio plus $139.9 million of notes receivable and $16.6 million of sales-type leases, representing 363 engines, 20 aircraft and one marine vessel. Non‑cancelable operating lease payments scheduled after 2025 totaled $525.9 million, and non‑cancelable notes and sales‑type lease receivables totaled $156.5 million on a discounted basis.
Willis Lease Finance Corporation reports on its 2025 operations as a global lessor and servicer of commercial aircraft and engines. As of December 31, 2025, it held $2,801.7 million of equipment in its operating lease portfolio, plus notes receivable of $139.9 million and sales-type leases of $16.6 million, representing 363 engines, 20 aircraft and one marine vessel.
The company’s business is organized into Leasing and Related Operations and Spare Parts Sales, with leasing contributing 94.9% of 2025 consolidated revenue. Minimum future payments under non‑cancelable operating leases totaled $525.9 million, and non‑cancelable notes receivable and sales‑type leases totaled undiscounted receivables of $208.6 million.
Willis Lease highlights extensive global diversification, with 69 lessees in 37 countries and joint ventures in Ireland, China and a new testing facility JV. In 2025 it completed two new asset‑backed note offerings totaling $988.9 million of fixed‑rate debt and added two new investment fund partnerships targeting up to $1.6 billion of engine‑related investments, while also outlining detailed operational, regulatory, credit, environmental, cyber and geopolitical risk factors.