FTAI Aviation Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,390	1,536	854.25	506.68	325.98
Other Revenue	117.46	198.93	316.64	201.74	9.6
Revenue	2,507	1,735	1,171	708.41	335.58
Revenue Growth (YoY)	44.53%	48.17%	65.29%	111.10%	12.64%
Cost of Revenue	1,502	941.75	612.3	380.65	73.92
Gross Profit	1,005	793.16	558.6	327.76	261.66
Selling, General & Admin	9.48	22.71	31.74	17.73	14.13
Operating Expenses	235.28	240.78	201.61	170.64	161.87
Operating Income	769.87	552.38	356.99	157.12	99.79
Interest Expense	-247.75	-221.72	-161.64	-169.19	-155.02
Earnings From Equity Investments	-6.82	-2.2	-1.61	-0.37	-1.4
Other Non Operating Income (Expenses)	19.29	17.36	7.59	0.21	-0.49
EBT Excluding Unusual Items	534.59	345.82	201.33	-12.24	-57.12
Merger & Restructuring Charges	-28.59	-332.3	-15.19	-13.21	-17.91
Gain (Loss) on Sale of Assets	46.38	18.71	-	77.21	49.02
Asset Writedown	-	-0.96	-2.12	-137.22	-10.46
Other Unusual Items	-	-17.1	-	-19.86	-3.25
Pretax Income	606.68	14.17	184.02	-105.31	-39.74
Income Tax Expense	105.62	5.49	-59.8	5.3	3.13
Earnings From Continuing Operations	501.06	8.68	243.82	-110.61	-42.86
Earnings From Discontinued Operations	-	-	-	-82.6	-61.37
Net Income to Company	501.06	8.68	243.82	-193.21	-104.23
Net Income	501.06	8.68	243.82	-193.21	-104.23
Preferred Dividends & Other Adjustments	23.57	40.76	31.8	27.16	24.76
Net Income to Common	477.49	-32.08	212.02	-220.37	-128.99
Net Income Growth	5671.30%	-96.44%	-	-	-
Shares Outstanding (Basic)	103	102	100	99	90
Shares Outstanding (Diluted)	104	102	100	99	90
Shares Change (YoY)	2.27%	1.11%	1.01%	10.56%	4.54%
EPS (Basic)	4.66	-0.32	2.12	-2.22	-1.43
EPS (Diluted)	4.60	-0.32	2.11	-2.22	-1.43
Free Cash Flow	-1,056	-1,423	-649.47	-806.07	-606.73
Free Cash Flow Per Share	-10.17	-14.02	-6.47	-8.11	-6.75
Dividend Per Share	1.350	1.200	1.200	1.260	1.320
Dividend Growth	12.50%	-	-4.76%	-4.54%	-
Gross Margin	40.09%	45.72%	47.71%	46.27%	77.97%
Operating Margin	30.70%	31.84%	30.49%	22.18%	29.74%
Profit Margin	19.04%	-1.85%	18.11%	-31.11%	-38.44%
Free Cash Flow Margin	-42.11%	-82.02%	-55.47%	-113.79%	-180.80%
EBITDA	1,002	786.04	541.99	364.29	306.54
EBITDA Margin	39.98%	45.31%	46.29%	51.42%	91.34%
D&A For EBITDA	232.51	233.66	185	207.17	206.75
EBIT	769.87	552.38	356.99	157.12	99.79
EBIT Margin	30.70%	31.84%	30.49%	22.18%	29.74%
Effective Tax Rate	17.41%	38.73%	-	-	-
Revenue as Reported	2,507	1,735	1,171	708.41	335.58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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