FTAI Aviation Ltd.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.5B | $1.7B | $1.2B | $708.4M | $335.6M |
| Cost of revenue | $1.3B | $825.9M | $502.1M | $248.4M | $14.3M |
| Operating expenses | — | — | — | — | $172.5M |
| Interest expense | $247.8M | $221.7M | $161.6M | $169.2M | $155.0M |
| Pretax income | $606.7M | $14.2M | $184.0M | -$105.3M | -$39.7M |
| Income tax expense | $105.6M | $5.5M | -$59.8M | $5.3M | $3.1M |
| Net income | $501.1M | $8.7M | $243.8M | -$212.0M | -$130.7M |
| Balance Sheet | |||||
| Cash and equivalents | $300.5M | $115.1M | $90.8M | $33.6M | $138.2M |
| Current assets | $2.1B | $1.2B | $671.4M | — | — |
| Total assets | $4.4B | $4.0B | $3.0B | $2.4B | $4.9B |
| Current liabilities | $399.9M | $347.2M | $181.8M | — | — |
| Total liabilities | $4.0B | $4.0B | $2.8B | $2.4B | $3.7B |
| Total debt | $3.5B | $3.5B | — | $2.2B | $2.5B |
| Stockholders' equity | $334.2M | $81.4M | $175.3M | $19.4M | $1.1B |
| Cash Flow Statement | |||||
| Cash from operations | -$310.7M | -$188.0M | $129.0M | -$20.7M | -$22.0M |
| Depreciation and amortization | $225.8M | $218.1M | $169.9M | $152.9M | $147.7M |
| Stock-based compensation | $21.7M | $6.0M | $1.6M | $2.6M | $0 |
| Capital expenditure | $27.7M | $9.2M | $6.1M | $144.2M | $157.3M |
| Free cash flow | -$338.5M | -$197.2M | $122.8M | -$164.9M | -$179.4M |
| Dividends paid | $128.2M | $121.6M | $119.8M | $128.5M | $118.0M |
| Impairments | $0 | $962,000 | $2.1M | $137.2M | $10.5M |
Shares outstanding 102.6M · Free float 99.9%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.