FTAI Aviation

FTAI Q2 2025 Earnings

Reported Jul 29, 2025 at 7:00 PM ET · SEC Source

Q2 25 EPS

$1.57

Q2 25 Revenue

$676.2M

vs S&P Since Q2 25

+80.8%

BEATING MARKET

FTAI +94.4% vs S&P +13.6%

Market Reaction

Did FTAI Beat Earnings? Q2 2025 Results

FTAI Aviation delivered a blowout second quarter in 2025, posting EPS of $1.57 and revenue of $676.24 million as the company's rapidly expanding Aerospace Products segment fueled results that sent shares surging more than 26% following the report. Th… Read more FTAI Aviation delivered a blowout second quarter in 2025, posting EPS of $1.57 and revenue of $676.24 million as the company's rapidly expanding Aerospace Products segment fueled results that sent shares surging more than 26% following the report. The engine module business was the clear engine of growth, with Aerospace Products Adjusted EBITDA climbing 81% year-over-year to $164.86 million on the back of 184 CFM56 modules produced in the quarter, a 33% sequential increase that drove segment revenue to $420.69 million from $245.20 million a year earlier. Consolidated Adjusted EBITDA reached $347.81 million, while the company generated over $400.00 million in Adjusted Free Cash Flow, ending the period with a strong liquidity position of $301.91 million in cash and a fully undrawn $400.00 million revolver. FTAI's annualized maintenance market share has already climbed to approximately 9% from 5% a year ago, and management remains focused on reaching a long-term target of 25%, with the SCI Partnership on track to deploy $4.00 billion of capital in 2025.

Key Takeaways

  • Significant ramp in CFM56 Module production to 184 units in Q2 2025, a 33% increase versus prior quarter
  • Aerospace Products Adjusted EBITDA grew 81% year-over-year to $164.9 million
  • Maintenance market share increased to approximately 9% on an annualized basis from 5% last year
  • Absence of $300 million internalization fee that burdened Q2 2024 results
  • Gain on sale to the 2025 Partnership of $34.6 million
24/7 Wall St

FTAI YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

24/7 Wall St

FTAI Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25

“FTAI delivered an excellent quarter, generating over $400 million in positive Adjusted Free Cash Flow. We ended the period in a strong financial position with $302 million in cash and $400 million fully undrawn from our corporate revolving credit facility.”

— Joe Adams, Q2 2025 Earnings Press Release