---
schema_version: "secwatch.filing_event.v1"
accession: "0001018164-23-000025"
form_type: "8-K"
ticker: "WLFC"
cik: "0001018164"
company_name: "WILLIS LEASE FINANCE CORP"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T21:50:05.279307+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Willis Lease Q3 pre-tax income $20.3M, EPS $2.13 vs $0.89 YoY

## Summary
- Pre-tax income $20.3M in Q3 2023, compared to $8.4M in Q3 2022; diluted EPS $2.13 vs $0.89.
- Total revenues $105.7M; lease rent revenue $53.6M (+35.6% YoY); maintenance reserve revenue $37.7M (+84.4%).
- Spare parts sales declined to $3.4M from $7.0M; gain on sale of equipment $0.8M from one engine and one airframe.
- Book value per diluted share $66.92 at Sep 30, 2023 vs $64.27 at Dec 31, 2022; undrawn revolver capacity $270M.

## SEC filing metadata
- accession: 0001018164-23-000025
- form_type: 8-K
- ticker: WLFC
- cik: 0001018164
- company_name: WILLIS LEASE FINANCE CORP
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1018164/000101816423000025/0001018164-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1018164/000101816423000025/wlfc-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001018164-23-000025
- JSON: https://secwatch.observer/filing/0001018164-23-000025.json
- Plain text: https://secwatch.observer/filing/0001018164-23-000025.txt

## Key facts
- Earnings Releases
  WILLIS LEASE FINANCE CORP reported the third quarter ended September 30, 2023 results: revenue $105.7 million, EPS $2.13.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $105.7 million
  - EPS: $2.13
  - Result: reported results
  source text: Willis Lease Finance Corporation Reports Third Quarter Pre-tax Income of $20.3 million COCONUT CREEK, FL — November 3, 2023 — Willis Lease Finance Corporation (NASDAQ: WLFC) today reported third quarter total revenues of $105.7 million and pre-tax earnings of $20.3 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1018164/000101816423000025/0001018164-23-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.