For the quarter ending 2025-09-30, FTAI made $667,064,000 in revenue. $114,009,000 in net income. Net profit margin of 17.09%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Total revenues | 667,064,000 | 676,237,000 | 502,080,000 | 412,756,500 |
| Cost of sales | 362,922,000 | 369,258,000 | 248,714,000 | 169,047,583.333 |
| Operating expenses | 39,092,000 | 34,328,000 | 32,438,000 | 29,952,000 |
| General and administrative | 1,829,000 | 2,442,000 | 3,116,000 | 3,624,500 |
| Acquisition and transaction expenses | 7,066,000 | 4,489,000 | 7,292,000 | 7,468,000 |
| Management fees and incentive allocation to affiliate | 0 | 0 | - | 1,631,666.667 |
| Internalization fee to affiliate | 0 | 0 | - | 0 |
| Gain on sale of assets, net | - | - | - | 4,676,250 |
| Depreciation and amortization | 55,278,000 | 55,236,000 | 59,562,000 | 52,299,000 |
| Asset impairment | 0 | 0 | - | 240,500 |
| Total expenses | 466,187,000 | 465,753,000 | 351,122,000 | 259,587,000 |
| Interest expense | 60,784,000 | 63,965,000 | 62,040,000 | 26,767,166.667 |
| Loss on extinguishment of debt | 0 | 0 | - | -1,060,333.333 |
| Equity in losses of unconsolidated entities | -4,224,000 | -5,003,000 | -7,614,000 | -534,000 |
| Gain on sale to the 2025 partnership-Equity Method Investee | 4,609,000 | 34,604,000 | - | - |
| Other income | 3,570,000 | 27,156,000 | 43,941,000 | 7,476,500 |
| Total other income (expense) | -56,829,000 | -7,208,000 | -25,713,000 | -76,540,000 |
| Income (loss) before income taxes | 144,048,000 | 203,276,000 | 125,245,000 | 76,629,500 |
| Provision for (benefit from) income taxes | 26,330,000 | 37,878,000 | 22,859,000 | 5,594,500 |
| Net income (loss) from continuing operations | - | - | - | 71,035,000 |
| Net income (loss) | 117,718,000 | 165,398,000 | 102,386,000 | 71,035,000 |
| Less dividends on preferred shares | 3,709,000 | 3,709,000 | 6,115,000 | 8,046,500 |
| Less loss on redemption of preferred shares | 0 | 0 | 6,327,000 | 1,999,500 |
| Net income (loss) attributable to shareholders | 114,009,000 | 161,689,000 | 89,944,000 | 58,989,500 |
| Basic (in dollars per share) | 1.11 | 1.58 | 0.88 | - |
| Basic (in shares) | 102,569,415 | 102,558,777 | 102,552,436 | -50,900,174 |
| Diluted (in dollars per share) | 1.1 | 1.57 | 0.87 | - |
| Diluted (in shares) | 103,966,650 | 103,147,860 | 103,159,051 | -51,407,518.5 |
FTAI Aviation Ltd. (FTAI)
FTAI Aviation Ltd. (FTAI)