FTAI Aviation Ltd. (FTAI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 830.7M | 662.03M | 667.06M | 676.24M | 502.08M | 502.93M | 469.51M | 447.38M | 330.67M | 316.54M | 294.82M | 277.96M | 296.7M | 277.94M | 233.66M | 115.37M | 95.35M | 98.23M | 100.44M | 98.11M |
| Revenue Growth % | 65.45% | 31.63% | 42.08% | 51.15% | 51.84% | 58.89% | 59.25% | 60.95% | 11.45% | 13.89% | 26.18% | 140.92% | 211.17% | 182.95% | 132.63% | 17.59% | 22.4% | 28.63% | 19.99% | 3.02% |
| Cost of Goods Sold | 641.54M | 471.23M | 418.2M | 424.49M | 308.28M | 351.02M | 304.15M | 295.33M | 222.02M | 214.46M | 192.68M | 170.86M | 212.61M | 192.65M | 161.49M | 77.45M | 67.91M | 60.44M | 56.71M | 79.95M |
| COGS % of Revenue | 77.23% | 71.18% | 62.69% | 62.77% | 61.4% | 69.8% | 64.78% | 66.01% | 67.14% | 67.75% | 65.35% | 61.47% | 71.66% | 69.31% | 69.11% | 67.13% | 71.22% | 61.53% | 56.46% | 81.49% |
| Gross Profit | 189.15M | 190.8M | 248.86M | 251.74M | 193.8M | 151.91M | 165.37M | 152.05M | 108.65M | 102.07M | 102.14M | 107.1M | 84.09M | 85.3M | 72.17M | 37.92M | 27.44M | 37.79M | 43.73M | 18.16M |
| Gross Margin % | 22.77% | 28.82% | 37.31% | 37.23% | 38.6% | 30.2% | 35.22% | 33.99% | 32.86% | 32.25% | 34.65% | 38.53% | 28.34% | 30.69% | 30.89% | 32.87% | 28.78% | 38.47% | 43.54% | 18.51% |
| Gross Profit Growth % | -2.4% | 25.6% | 50.49% | 65.57% | 78.37% | 48.82% | 61.9% | 41.96% | 29.21% | 19.67% | 41.53% | 182.44% | 206.48% | 125.72% | 65.03% | 108.8% | 285.51% | 2574.45% | 143.56% | -37.63% |
| Operating Expenses | 2.41M | 2.09M | 40.92M | 36.77M | 35.55M | 3.65M | 6.75M | 6.62M | 8.58M | 8.31M | 13.19M | 9.35M | 7.56M | 6.68M | 3.36M | 3.21M | 52.46M | 15.89M | 5.2M | 7.57M |
| OpEx % of Revenue | 0.29% | 0.32% | 6.13% | 5.44% | 7.08% | 0.73% | 1.44% | 1.48% | 2.59% | 2.63% | 4.47% | 3.36% | 2.55% | 2.4% | 1.44% | 2.78% | 55.02% | 16.18% | 5.17% | 7.71% |
| Selling, General & Admin | 2.41M | 2.09M | 1.83M | 2.44M | 3.12M | 3.65M | 6.75M | 6.62M | 8.58M | 8.31M | 13.19M | 9.35M | 7.56M | 6.68M | 3.36M | 3.21M | 52.46M | 15.89M | 5.2M | 7.57M |
| SG&A % of Revenue | 0.29% | 0.32% | 0.27% | 0.36% | 0.62% | 0.73% | 1.44% | 1.48% | 2.59% | 2.63% | 4.47% | 3.36% | 2.55% | 2.4% | 1.44% | 2.78% | 55.02% | 16.18% | 5.17% | 7.71% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 186.74M | 188.71M | 207.94M | 214.97M | 158.25M | 148.26M | 158.62M | 145.42M | 100.08M | 93.76M | 88.95M | 97.75M | 76.52M | 78.62M | 68.81M | 34.71M | -25.03M | 21.9M | 38.54M | 10.59M |
| Operating Margin % | 22.48% | 28.5% | 31.17% | 31.79% | 31.52% | 29.48% | 33.78% | 32.51% | 30.26% | 29.62% | 30.17% | 35.17% | 25.79% | 28.29% | 29.45% | 30.09% | -26.25% | 22.29% | 38.37% | 10.8% |
| Operating Income Growth % | 18% | 27.28% | 31.1% | 47.83% | 58.13% | 58.13% | 78.32% | 48.77% | 30.78% | 19.26% | 29.26% | 181.59% | 405.77% | 259% | 78.57% | 227.71% | -3904.32% | 378.63% | 322.4% | -43.87% |
| EBITDA | 239.03M | 244.43M | 275.8M | 280.65M | 226.64M | 207.05M | 219.12M | 205.9M | 153.97M | 144.04M | 136.64M | 139.88M | 121.43M | 119.73M | 106.96M | 77.33M | 36.93M | 63.27M | 76.04M | 59.16M |
| EBITDA Margin % | 28.77% | 36.92% | 41.35% | 41.5% | 45.14% | 41.17% | 46.67% | 46.02% | 46.56% | 45.5% | 46.35% | 50.32% | 40.93% | 43.08% | 45.78% | 67.02% | 38.73% | 64.41% | 75.71% | 60.3% |
| EBITDA Growth % | 5.47% | 18.05% | 25.87% | 36.3% | 47.19% | 43.75% | 60.36% | 47.2% | 26.8% | 20.3% | 27.75% | 80.9% | 228.8% | 89.25% | 40.66% | 30.7% | -17.31% | 63.36% | 44.28% | -3.84% |
| D&A (Non-Cash Add-back) | 52.29M | 55.72M | 67.86M | 65.68M | 68.39M | 58.79M | 60.49M | 60.48M | 53.9M | 50.28M | 47.69M | 42.13M | 44.91M | 41.11M | 38.14M | 42.61M | 61.96M | 41.37M | 37.5M | 48.57M |
| EBIT | 186.74M | 195.08M | 204.83M | 267.24M | 187.28M | 168.95M | 151.75M | -177.71M | 92.9M | 94.64M | 85.2M | 95.11M | 70.72M | 61.74M | 40.21M | 95.41M | -133.48M | 40.62M | 42.07M | -744K |
| Net Interest Income | -61.41M | -60.96M | -60.78M | -63.97M | -62.04M | -60.88M | -57.94M | -55.2M | -47.71M | -43.66M | -40.19M | -38.5M | -39.29M | -37M | -40.17M | -47.89M | -44.14M | -39.42M | -50.1M | -37.05M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 454K |
| Interest Expense | 61.41M | 60.96M | 60.78M | 63.97M | 62.04M | 60.88M | 57.94M | 55.2M | 47.71M | 43.66M | 40.19M | 38.5M | 39.29M | 37M | 40.17M | 47.89M | 44.14M | 39.42M | 50.1M | 37.5M |
| Other Income/Expense | -17.38M | -54.59M | -63.9M | -11.7M | -33.01M | -40.2M | -64.81M | -378.33M | -54.88M | -42.79M | -43.94M | -41.14M | -45.1M | -53.88M | -68.77M | 12.8M | -152.59M | -20.7M | -46.56M | -48.84M |
| Pretax Income | 169.36M | 134.12M | 144.05M | 203.28M | 125.25M | 108.06M | 93.81M | -232.9M | 45.19M | 50.97M | 45.01M | 56.61M | 31.42M | 24.74M | 42K | 47.52M | -177.62M | 1.2M | -8.03M | -38.25M |
| Pretax Margin % | 20.39% | 20.26% | 21.59% | 30.06% | 24.95% | 21.49% | 19.98% | -52.06% | 13.67% | 16.1% | 15.27% | 20.37% | 10.59% | 8.9% | 0.02% | 41.19% | -186.28% | 1.22% | -7.99% | -38.98% |
| Income Tax | 31.46M | 18.55M | 26.33M | 37.88M | 22.86M | 5.62M | 7.33M | -13.03M | 5.57M | -67.39M | 3.71M | 1.85M | 2.03M | -2.06M | 4.19M | 1.83M | 1.34M | 2.3M | 485K | -1.64M |
| Effective Tax Rate % | 18.58% | 13.83% | 18.28% | 18.63% | 18.25% | 5.2% | 7.81% | 5.6% | 12.33% | -132.2% | 8.23% | 3.28% | 6.45% | -8.31% | 9973.81% | 3.85% | -0.75% | 191.35% | -6.04% | 4.29% |
| Net Income | 137.9M | 115.56M | 117.72M | 165.4M | 102.39M | 102.45M | 86.48M | -219.87M | 39.62M | 118.36M | 41.31M | 54.75M | 29.4M | 26.8M | -16.06M | 18.24M | -222.19M | -12.26M | -32.08M | -29.98M |
| Net Margin % | 16.6% | 17.46% | 17.65% | 24.46% | 20.39% | 20.37% | 18.42% | -49.15% | 11.98% | 37.39% | 14.01% | 19.7% | 9.91% | 9.64% | -6.87% | 15.81% | -233.03% | -12.48% | -31.94% | -30.56% |
| Net Income Growth % | 34.69% | 12.8% | 36.12% | 175.23% | 158.41% | -13.44% | 109.36% | -501.57% | 34.78% | 341.63% | 357.24% | 200.18% | 113.23% | 318.68% | 49.94% | 160.83% | -642.75% | 78.07% | -50.38% | -158.12% |
| Net Income (Continuing) | 137.9M | 115.56M | 117.72M | 165.4M | 102.39M | 102.45M | 86.48M | -219.87M | 39.62M | 118.36M | 41.31M | 54.75M | 29.4M | 26.8M | -4.15M | 45.69M | -178.95M | -1.1M | -8.51M | -36.61M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 534K | 534K | 534K | 534K | 524K | 524K | 524K | -9.6M | -6.95M | -192K | 6.57M | 13.45M |
| EPS (Diluted) | 1.29 | 1.08 | 1.10 | 1.57 | 0.87 | 0.84 | 0.76 | -2.18 | 0.31 | 1.09 | 0.33 | 0.46 | 0.22 | 0.20 | -0.04 | 0.11 | -2.31 | -0.12 | -0.36 | -0.35 |
| EPS Growth % | 48.28% | 28.57% | 44.74% | 172.02% | 180.65% | -22.94% | 130.3% | -573.91% | 40.91% | 445% | 891.37% | 318.18% | 109.52% | 266.67% | 88.42% | 131.43% | -560% | 81.54% | -44% | -150% |
| EPS (Basic) | 1.31 | 1.09 | 1.11 | 1.58 | 0.88 | 0.85 | 0.76 | -2.18 | 0.31 | 1.10 | 0.33 | 0.47 | 0.23 | 0.20 | -0.04 | 0.12 | -2.31 | -0.12 | -0.36 | -0.35 |
| Diluted Shares Outstanding | 104.26M | 103.86M | 103.97M | 103.15M | 103.16M | 101.54M | 103.39M | 100.96M | 100.96M | 100.85M | 100.48M | 100.46M | 100.97M | 100.18M | 99.38M | 99.81M | 99.37M | 99.22M | 88.28M | 86.03M |
| Basic Shares Outstanding | 102.58M | 102.57M | 102.57M | 102.56M | 102.55M | 101.54M | 102.38M | 100.96M | 100.25M | 100.24M | 99.93M | 99.73M | 99.73M | 99.57M | 99.38M | 99.37M | 99.24M | 99.22M | 88.28M | 86.03M |
| Dividend Payout Ratio | - | 31.07% | 26.14% | 18.6% | 30.05% | 30.03% | 35.45% | - | 75.9% | 25.41% | 72.44% | 54.67% | 101.78% | 111.56% | - | 181.14% | - | - | - | - |