# WILLIS LEASE FINANCE CORP (WLFC) FY2026 YTD Q2 Statement of Cash Flows

- Company: WILLIS LEASE FINANCE CORP (WLFC)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-04, accession number 0001018164-26-000068
- Page: https://plicit.ai/financials/wlfc/fy2026-ytd-q2-cash-flow
- Chart image: https://plicit.ai/charts/wlfc-fy2026-ytd-q2-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2025**: 546,941,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 134,199,000 US dollars. Net cash provided.
- **Net income**: 55,403,000 US dollars
- **Depreciation and amortization expense**: 59,246,000 US dollars
- **Gain on sale of leased equipment**: negative 49,997,000 US dollars
- **Stock-based compensation expense**: 26,455,000 US dollars
- **Loss on debt extinguishment**: 12,448,000 US dollars
- **Income from investments**: negative 7,220,000 US dollars
- **Accretion of deferred costs and note discounts**: 6,390,000 US dollars
- **Write-down of equipment**: 6,059,000 US dollars
- **Payments received on sales-type leases**: 1,164,000 US dollars
- **Gain on derivative instruments**: negative 701,000 US dollars
- **Gain on sale of financial assets**: negative 592,000 US dollars
- **(Gain) loss on disposal of property, equipment and furnishings**: negative 23,000 US dollars
- **Allowances and provisions**: 20,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Amortization of contract asset**: 0 US dollars
- **Deferred income taxes**: 18,367,000 US dollars
- **Receivables**: negative 5,706,000 US dollars
- **Inventory**: 10,918,000 US dollars
- **Other assets**: 4,682,000 US dollars
- **Due from affiliates**: negative 3,188,000 US dollars
- **Accounts payable and accrued expenses**: negative 11,246,000 US dollars
- **Maintenance reserves**: 13,194,000 US dollars
- **Security deposits**: negative 114,000 US dollars
- **Unearned revenue**: negative 2,246,000 US dollars
- **Due to affiliates**: 886,000 US dollars
- **Investing activities**: negative 78,226,000 US dollars. Net cash used.
- **Proceeds from sale of notes receivable (net of selling expenses)**: 88,371,000 US dollars
- **Proceeds from sale of equipment (net of selling expenses)**: 302,836,000 US dollars
- **Purchase of equipment held for operating lease and for sale**: negative 401,934,000 US dollars
- **Purchase of investments and contributions to joint ventures**: negative 39,586,000 US dollars
- **Proceeds from sale of business (net of cash and cash equivalents sold with business)**: 0 US dollars
- **Purchase of property, equipment and furnishings**: negative 6,287,000 US dollars
- **Payments received on notes receivable**: 5,345,000 US dollars
- **Issuance of notes receivable**: negative 42,484,000 US dollars
- **Proceeds from sale of investments in sales-type leases**: 15,513,000 US dollars
- **Financing activities**: negative 430,692,000 US dollars. Net cash used.
- **Principal payments on debt obligations**: negative 1,182,898,000 US dollars
- **Proceeds from debt obligations**: 803,000,000 US dollars
- **Cancellation of restricted stock units in satisfaction of withholding tax**: negative 27,914,000 US dollars
- **Debt issuance costs**: negative 11,519,000 US dollars
- **Common stock cash dividends paid**: negative 6,158,000 US dollars
- **Debt extinguishment payments**: negative 4,834,000 US dollars
- **Preferred stock dividends**: negative 2,706,000 US dollars
- **Contributions from non-controlling interest holders**: 2,115,000 US dollars
- **Proceeds from shares issued under stock compensation plans**: 222,000 US dollars
- **Operating adjustment reconciliation**: 159,829,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 1,236,029,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 490,291,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Jun 30, 2026**: 172,222,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 681,140,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 374,719,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 2.42×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 134,199,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 6,287,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 127,912,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $78.80M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 134,199,000 US dollars minus 6,287,000 US dollars equals 127,912,000 US dollars.