WLFC Q1 revenue up 23% on new fund fees and asset sales; $7M debt refinancing charge

Filed May 5, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 6, 2025 · ~1 min read

Key Changes

• high

  New LMI Fund partnership generated $4.9M in management fees as general partner, a new revenue stream launched in March 2026 with Liberty Mutual Investments reimbursing formation costs.

  MD&A: Management and Advisory Fees verify on EDGAR →
• high

  Debt refinancing incurred $7.0M one-time loss on extinguishment, driving 24% increase in net finance costs to $39.7M despite improved portfolio performance.

  MD&A: Net Finance Costs verify on EDGAR →
• high

  Asset sale gains surged 305% to $18.0M on 14 engine dispositions at 30% margin, up from $4.4M on seven engines prior year, reflecting strong residual values.

  MD&A: Gain on Sale of Leased Equipment verify on EDGAR →