For the quarter ending 2025-09-30, WLFC had -$611,568K decrease in cash & cash equivalents over the period. $57,834K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 24,324 | 77,246 |
| Depreciation and amortization expense | 28,662 | 52,574 |
| Gain on sale of leased equipment | 16,134 | 32,019 |
| Gain on sale of business | 0 | 42,950 |
| Stock-based compensation expense | 11,281 | 23,658 |
| Write-down of equipment | 10,201 | 13,567 |
| Income from joint ventures | 5,192 | 4,433 |
| Accretion of deferred costs and note discounts | 2,977 | 5,033 |
| Payments received on sales-type leases | 499 | 5,210 |
| Loss on derivative instruments | 2,980 | - |
| Loss on debt extinguishment | -2,963 | - |
| Amortization of contract asset | 0 | 1,497 |
| Gain on sale of financial assets | 0 | 378 |
| Allowances and provisions | 416 | -169 |
| Loss on disposal of property, equipment and furnishings | 0 | -45 |
| Gain on insurance proceeds | 0 | 0 |
| Deferred income taxes | -20,033 | -20,733 |
| Receivables | 5,011 | 828 |
| Inventory | -6,083 | -8,852 |
| Other assets | 4,939 | -890 |
| Distributions received from joint ventures | 0 | - |
| Accounts payable and accrued expenses | -11,147 | -1,325 |
| Maintenance reserves | -5,159 | 21,315 |
| Security deposits | -1,499 | -280 |
| Unearned revenue | -454 | -3,607 |
| Net cash provided by operating activities | 63,882 | 145,191 |
| Purchase of equipment held for operating lease and for sale | 155,693 | 154,944 |
| Proceeds from sale of equipment (net of selling expenses) | 52,314 | 141,949 |
| Proceeds from sale of business | 883 | 21,055 |
| Purchase of property, equipment and furnishings | 6,048 | 17,117 |
| Payments received on notes receivable | 4,352 | 8,580 |
| Contributions to joint ventures | 1,758 | 1,770 |
| Issuance of notes receivable | 0 | 0 |
| Insurance proceeds received on property, equipment and furnishings | 0 | 0 |
| Net cash used in investing activities | -105,950 | -2,247 |
| Proceeds from debt obligations | 154,000 | 851,051 |
| Principal payments on debt obligations | 720,185 | 309,641 |
| Proceeds from issuance of preferred stock | 0 | - |
| Cancellation of restricted stock units in satisfaction of withholding tax | 20 | 18,714 |
| Debt issuance costs | 132 | 9,017 |
| Common stock cash dividends paid | 1,912 | 3,749 |
| Preferred stock dividends | 1,369 | 2,973 |
| Proceeds from shares issued under stock compensation plans | 118 | 132 |
| Net cash (used in) provided by financing activities | -569,500 | 507,089 |
| Increase (decrease) in cash, cash equivalents and restricted cash | -611,568 | 650,033 |
| Cash and cash equivalents at beginning of period | 132,502 | - |
| Cash and cash equivalents at end of period | 170,967 | - |
WILLIS LEASE FINANCE CORP (WLFC)
WILLIS LEASE FINANCE CORP (WLFC)