FTAI Aviation Ltd. (FTAI) income statement
NASDAQ · Industrials · Aerospace & Defense · 985 employees · CEO Joseph Adams Jr.
- Price
- $180.27 +10.97%
- Market cap
- $18.4B
- Enterprise value
- $21.5B
- Last report
- Q3 '26 filed 2026-11-02
- Next report
- 2027-02-24 EPS est. $1.79
FTAI Aviation Ltd. (FTAI) reported revenue of $978M for Q3 '26 (+46.6% year on year), operating income of $219M (22.4% of revenue) and net income of $151M. Over the last four quarters revenue was $3.42B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $317M | $331M | $447M | $470M | $503M | $502M | $676M | $667M | $662M | $831M | $953M | $978M | |
| Cost of revenue | $214M | $222M | $295M | $304M | $351M | $308M | $424M | $418M | $471M | $642M | $636M | $624M | |
| Gross profit | $102M | $109M | $152M | $165M | $152M | $194M | $252M | $249M | $191M | $189M | $317M | $354M | |
| Research & development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $3.12M | $2.44M | $1.83M | $2.09M | $0 | $2.25M | $2.31M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $32.4M | $34.3M | $39.1M | $0 | $0 | $65.3M | $111M | |
| Operating expenses | $8.31M | $8.58M | $6.62M | $6.75M | $3.65M | $35.6M | $36.8M | $40.9M | $2.09M | $2.41M | $67.6M | $135M | |
| Operating income | $93.8M | $100M | $145M | $159M | $148M | $158M | $215M | $208M | $189M | $187M | $250M | $219M | |
| Interest expense | $43.7M | $47.7M | $55.2M | $57.9M | $60.9M | $62M | $64M | $60.8M | $61M | $61.4M | $64.1M | $65.1M | |
| Other non-operating income (gains on investments, FX ...) | -$876K | $7.17M | $323M | $6.87M | -$20.7M | -$29M | -$52.3M | $3.11M | -$6.37M | -$44M | $34.9M | -$19.1M | |
| Total non-operating income | -$42.8M | -$54.9M | -$378M | -$64.8M | -$40.2M | -$33M | -$11.7M | -$63.9M | -$54.6M | -$17.4M | -$99M | -$46M | |
| Income before tax | $51M | $45.2M | -$233M | $93.8M | $108M | $125M | $203M | $144M | $134M | $169M | $151M | $173M | |
| Income tax | -$67.4M | $5.57M | -$13M | $7.33M | $5.62M | $22.9M | $37.9M | $26.3M | $18.6M | $31.5M | $25.6M | $22.2M | |
| Net income | $118M | $39.6M | -$220M | $86.5M | $102M | $102M | $165M | $118M | $116M | $138M | $125M | $151M | |
| EPS (basic) | $1.10 | $0.31 | -$2.18 | $0.76 | $0.85 | $0.88 | $1.58 | $1.11 | $1.09 | $1.31 | $1.15 | $1.45 | |
| EPS (diluted) | $1.09 | $0.31 | -$2.18 | $0.76 | $0.84 | $0.87 | $1.57 | $1.10 | $1.08 | $1.29 | $1.13 | $1.43 | |
| Shares (basic, weighted) | 100M | 100M | 101M | 102M | 102M | 103M | 103M | 103M | 103M | 103M | 103M | 103M | |
| Shares (diluted, weighted) | 101M | 101M | 101M | 103M | 102M | 103M | 103M | 104M | 104M | 104M | 104M | 104M | |
| Depreciation & amortization | $50.3M | $59.1M | $65.8M | $60.5M | $67.6M | $68.4M | $65.7M | $67.9M | $56.5M | $52.3M | $47M | $43.3M | |
| EBITDA | $145M | $152M | -$112M | $212M | $237M | $256M | $333M | $273M | $252M | $283M | $262M | $281M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $154M | $222M | $351M | $586M | $370M | $336M | $722M | $1.19B | $1.75B | $2.51B | |
| Cost of revenue | $131M | $185M | $279M | $464M | $286M | $209M | $500M | $791M | $1.17B | $1.73B | |
| Gross profit | $22.3M | $37.2M | $71.6M | $122M | $84.6M | $127M | $223M | $395M | $578M | $779M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.48M | |
| Operating expenses | $29.1M | $30.3M | $32.9M | $56.5M | $36.7M | $27M | $65.6M | $38.3M | $25.5M | $9.48M | |
| Operating income | -$6.72M | $6.86M | $38.8M | $65.2M | $47.9M | $99.8M | $157M | $357M | $552M | $770M | |
| Interest income | $136K | $688K | $488K | $531K | $162K | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $19M | $38.8M | $56.8M | $95.6M | $98.2M | $155M | $169M | $162M | $222M | $248M | |
| Other non-operating income (gains on investments, FX ...) | $14.7M | -$10.7M | -$406K | -$183M | $60.6M | -$15.5M | $93.2M | $11.3M | $316M | -$84.6M | |
| Total non-operating income | -$33.6M | -$28.1M | -$56.4M | $86.9M | -$159M | -$140M | -$262M | -$173M | -$538M | -$163M | |
| Income before tax | -$40.3M | -$21.3M | -$17.7M | $152M | -$111M | -$39.7M | -$105M | $184M | $14.2M | $607M | |
| Income tax | $268K | $1.95M | $2.45M | $17.8M | -$5.91M | $3.13M | $5.3M | -$59.8M | $5.49M | $106M | |
| Net income | -$20.1M | $134K | $5.88M | $225M | -$88.5M | -$104M | -$193M | $244M | $8.68M | $501M | |
| EPS (basic) | -$0.26 | $0.00 | $0.07 | $1.56 | -$1.22 | -$1.45 | -$1.11 | $2.12 | -$0.32 | $4.66 | |
| EPS (diluted) | -$0.26 | $0.00 | $0.07 | $1.56 | -$1.22 | -$1.45 | -$1.11 | $2.11 | -$0.32 | $4.60 | |
| Shares (basic, weighted) | 75.7M | 75.8M | 83.7M | 86M | 86M | 89.9M | 99.4M | 99.9M | 102M | 103M | |
| Shares (diluted, weighted) | 75.7M | 75.8M | 83.7M | 86M | 86M | 89.9M | 99.4M | 100M | 102M | 104M | |
| Depreciation & amortization | $65.7M | $96.4M | $163M | $171M | $176M | $230M | $230M | $185M | $234M | $226M | |
| EBITDA | $44.3M | $114M | $202M | $419M | $163M | $345M | $294M | $531M | $470M | $1.08B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-09