FTAI Aviation Ltd. (FTAI) Earnings History

FTAI Aviation Ltd. - Q4 FY2025 EarningsBeat

Filed at: Feb 25, 2026, 4:19 PM EST|Read from source

EXECUTIVE SUMMARY

FTAI Aviation Ltd. reported strong financial results for Q4 and FY2025, driven by robust performance in its Aerospace Products segment and effective execution across the company. The company is entering 2026 with increased financial outlook, expanded production capacity, and strategic initiatives, including a new capital partnership and the launch of FTAI Power, supported by a second consecutive quarterly dividend increase.

POSITIVE HIGHLIGHTS

  • •

    Net income attributable to shareholders increased by 29% year-over-year for Q4 FY2025 to $111.9 million.

    positive
  • •

    Diluted EPS for Q4 FY2025 was $1.08, an increase from $0.84 in the prior year quarter.

    positive
  • •

    Adjusted EBITDA for Q4 FY2025 increased by 10% year-over-year to $277.2 million.

    positive
  • •

    Full year 2025 Adjusted EBITDA for the Aerospace Products segment was $671.3 million, a 76% increase versus FY 2024.

    positive
  • •

    Quarterly dividend increased for the second consecutive quarter, from $0.35 to $0.40 per share.

    positive

CONCERNS & RISKS

  • •

    Inventory levels increased significantly from $551.2 million in FY2024 to $1.19 billion in FY2025, a 117% increase.

    attention
  • •

    Leasing equipment, net decreased by 35% year-over-year, from $2.37 billion to $1.55 billion.

    attention
  • •

    Interest expense increased by 2.5% year-over-year for the full year 2025 to $247.8 million.

    attention
  • •

    Depreciation and amortization expense increased by 2.6% year-over-year for the full year 2025 to $267.6 million.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$662.03M
+32.7%
Prior year: $498.82M
Annual (YTD)
$2.51B
N/A
Prior year: $1.73B
Net Income
Quarterly
$115.56M
N/A
EPS (Diluted)
Quarterly
$1.08
+28.6%
Prior year: $0.84
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
$1.09
+28.2%
Prior year: $0.85

MARGIN ANALYSIS

Net Margin
Current Quarter
16.9%
Prior Year
17.4%
YoY Change
-50 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q4 FY2025 2025

VISUAL OVERVIEW

|
Aerospace Products
0.0%
N/A
MRE Contract
0.0%
N/A
Lease income
0.0%
N/A
Maintenance revenue
0.0%
N/A
Asset sales revenue
0.0%
N/A
Other revenue
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Aerospace Products
N/A———
MRE Contract
N/A———
Lease income
N/A———
Maintenance revenue
N/A———
Asset sales revenue
N/A———
Other revenue
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

MANAGEMENT GUIDANCE

FY2026

Aerospace Products Adjusted EBITDA
1,050,000,000—1,050,000,000
Mid-point: 1,050,000,000
Aviation Leasing Adjusted EBITDA
575,000,000—575,000,000
Mid-point: 575,000,000

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

FTAI delivered exceptional results in 2025, driven by continued demand for our Aerospace Products business and excellent execution across the Company.

— FTAI Aviation Ltd., Q4 FY2025 2025 Earnings Call

We are entering 2026 from a position of strength—raising our outlook, expanding production capacity, and advancing key initiatives including the next Strategic Capital partnership and the launch of FTAI Power.

— FTAI Aviation Ltd., Q4 FY2025 2025 Earnings Call

Combined with another increase to our quarterly dividend, these accomplishments underscore the momentum across the business.

— FTAI Aviation Ltd., Q4 FY2025 2025 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Aerospace products revenue
456.1M
+33.3% YoY
Prior year: 342.1M
dollars
Asset sales revenue
1.6M
-96.5% YoY
Prior year: 46.2M
dollars
Lease income
49.3M
-25.3% YoY
Prior year: 66.0M
dollars
MRE Contract revenue
106.9M
dollars
Maintenance revenue
43.4M
-1.1% YoY
Prior year: 43.9M
dollars
Other revenue
4.7M
+617.3% YoY
Prior year: 653.0K
dollars

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.