For the quarter ending 2025-09-30, FIP made $140,556K in revenue. -$118,352K in net income. Net profit margin of -84.20%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenues | 140,556 | 122,286 | 96,161 | 83,311 |
| Operating expenses | 74,985 | 74,435 | 67,045 | - |
| General and administrative | 3,202 | 3,862 | 5,113 | - |
| Acquisition and transaction expenses | 3,221 | 8,704 | 3,515 | - |
| Management fees and incentive allocation to affiliate | 3,782 | 3,680 | 2,542 | - |
| Depreciation and amortization | 34,813 | 33,998 | 25,012 | - |
| Asset impairment | 0 | 4,401 | 1,375 | - |
| Total expenses | 120,003 | 129,080 | 104,602 | 90,580 |
| Equity in earnings (losses) of unconsolidated entities | 2,928 | -1,995 | 6,689 | -14,308 |
| Gain on sale of assets, net | 28 | 0 | 119,828 | 2,758 |
| (loss) gain on modification or extinguishment of debt | -55,208 | -4,066 | -7 | 747 |
| Interest expense | -73,312 | -59,204 | -43,112 | -31,513 |
| Other income | 5,554 | 3,052 | 3,693 | 6,537 |
| Total other expense | -120,010 | -62,213 | 87,091 | -35,779 |
| Loss before income taxes | -99,457 | -69,007 | 78,650 | -43,048 |
| Provision for (benefit from) income taxes | 5,081 | 952 | -41,514 | -92 |
| Net loss | -104,538 | -69,959 | 120,164 | -42,956 |
| Less dividends and accretion of redeemable preferred stock | - | 20,957 | 21,841 | 16,978 |
| Less net loss attributable to non-controlling interests in consolidated subsidiaries - common stockholders | -11,497 | -11,100 | -11,401 | -9,963 |
| Less dividends and accretion of redeemable preferred stock | 12,487 | - | - | - |
| Redeemable preferred stock dividends | 12,824 | - | - | - |
| Net loss attributable to stockholders, before series b preferred stock dividend and loss on extinguishment of preferred stock | -118,352 | -79,816 | 109,724 | -49,971 |
| Basic (in dollars per share) | -1.38 | -0.73 | 0.95 | -0.45 |
| Basic (in shares) | 115,555,973 | 114,880,817 | 114,101,860 | 109,723,831 |
| Diluted (in dollars per share) | -1.38 | -0.73 | 0.89 | -0.45 |
| Diluted (in shares) | 115,555,973 | 114,880,817 | 122,758,859 | 109,723,831 |
FTAI Infrastructure Inc. (FIP)
FTAI Infrastructure Inc. (FIP)