FTAI Aviation

FTAI Q4 2025 Earnings

Reported Feb 25, 2026 at 4:19 PM ET · SEC Source

Q4 25 EPS

$1.08

MISS 13.60%

Est. $1.25

Q4 25 Revenue

$662.0M

MISS 5.38%

Est. $699.7M

vs S&P Since Q4 25

-16.7%

TRAILING MARKET

FTAI -12.2% vs S&P +4.5%

Full Year 2025 Results

FY 25 EPS

$4.60

MISS 3.61%

Est. $4.77

FY 25 Revenue

$2.51B

MISS 1.62%

Est. $2.55B

Market Reaction

Did FTAI Beat Earnings? Q4 2025 Results

FTAI Aviation fell short of Wall Street's expectations in Q4 2025, posting earnings of $1.08 per diluted share against a consensus estimate of $1.25, a miss of 13.60%, while revenue of $662.03 million trailed the $699.68 million estimate by 5.38%, de… Read more FTAI Aviation fell short of Wall Street's expectations in Q4 2025, posting earnings of $1.08 per diluted share against a consensus estimate of $1.25, a miss of 13.60%, while revenue of $662.03 million trailed the $699.68 million estimate by 5.38%, despite rising 31.6% year over year from $498.82 million in Q4 2024. The primary engine of growth remained the Aerospace Products segment, which generated $456.14 million in quarterly revenue and $671.25 million in full-year Adjusted EBITDA, a 76% increase versus the prior year, though a ramp-up in cost of sales to $368.82 million from $257.73 million reflected the significant production scale-up underway. Full-year net income swung to $477.49 million from a loss of $32.08 million in 2024, aided by the absence of a prior-year $300 million internalization charge. Looking ahead, management raised its 2026 business segment Adjusted EBITDA guidance to $1.63 billion and increased its quarterly dividend to $0.40 per share, signaling continued confidence in the company's trajectory as a leading engine maintenance provider.

Key Takeaways

  • Strong demand for Aerospace Products business driving 76% annual Adjusted EBITDA increase
  • MRE Contract revenue contributing $106.9 million in Q4 2025 as a new revenue stream
  • Aerospace Products FY2025 Adjusted EBITDA of $671.3 million, a 320% increase versus FY 2023
24/7 Wall St

FTAI YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

FTAI Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25

“FTAI delivered exceptional results in 2025, driven by continued demand for our Aerospace Products business and excellent execution across the Company. With this performance, 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. Combined with another increase to our quarterly dividend, these accomplishments underscore the momentum across the business. We are excited about the opportunities ahead and confident in our ability to create significant long term growth and value for our shareholders.”

— Joe Adams, Q4 2025 Earnings Press Release