FTAI Infrastructure Inc. (FIP)

FTAI Infrastructure Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2021	Dec 31, 2020
Revenue	502.52	331.5	320.47	120.22	68.56
Revenue Growth (YoY)	51.59%	3.44%	166.57%	75.34%	-70.12%
Operations and Maintenance Expenses	299.59	247.67	253.67	98.54	69.39
Gross Profit	202.93	83.82	66.8	21.68	-0.83
Depreciation & Amortization Expenses	132.49	79.41	80.99	54.02	31.11
Other Operating Expenses	62.48	103.91	30.18	39.2	23.25
Operating Income	7.97	-99.5	-44.38	-71.54	-55.2
Interest Income	-12.3	55.5	24.71	13.5	3.11
Interest Expense	-265.91	-122.11	-99.6	-16.02	-10.76
Other Non-Operating Income (Expense)	208.92	32.2	15.48	-8.91	4.81
Total Non-Operating Income (Expense)	-69.3	-34.41	-59.42	-11.43	-2.85
Pretax Income	-155.37	-262.75	-157.28	-109.97	-73.71
Provision for Income Taxes	-3.32	3.31	2.47	-3.63	-1.98
Net Income	-260.41	-294.46	-183.74	-79.87	-55.2
Minority Interest in Earnings	-44.88	-42.42	-38.41	-26.47	-16.52
Net Income Attributable to Preferred Dividends	100.23	70.81	62.4	-	-
Net Income to Common	-260.41	-294.46	-183.74	-79.87	-55.2
Shares Outstanding (Basic)	115	108	103	-	-
Shares Outstanding (Diluted)	115	108	103	-	-
Shares Change (YoY)	6.47%	5.11%	-	-	-
EPS (Basic)	-2.24	-2.72	-1.78	-	-
EPS (Diluted)	-2.26	-2.72	-1.79	-	-
Shares Outstanding	116.29	113.93	-	-	-
Free Cash Flow	-399.26	-98.1	-95.23	-202.61	-294.38
Free Cash Flow Per Share	-3.47	-0.91	-0.92	-	-
Dividends Per Share	0.120	0.120	0.120	-	-
Gross Margin	40.38%	25.29%	20.84%	18.03%	-1.21%
Operating Margin	1.59%	-30.01%	-13.85%	-59.51%	-80.51%
Profit Margin	-30.26%	-80.26%	-49.85%	-88.46%	-104.61%
FCF Margin	-79.45%	-29.59%	-29.72%	-168.54%	-429.37%
EBITDA	140.46	-20.09	36.62	-17.52	-24.08
EBITDA Margin	27.95%	-6.06%	11.43%	-14.58%	-35.12%
EBIT	7.97	-99.5	-44.38	-71.54	-55.2
EBIT Margin	1.59%	-30.01%	-13.85%	-59.51%	-80.51%
Effective Tax Rate	2.14%	-1.26%	-1.57%	3.30%	2.69%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q