Q1 26 EPS
$N/A
Q1 26 Revenue
N/A
vs S&P Since Q1 26
-16.7%
TRAILING MARKET
FTAI -12.2% vs S&P +4.5%
Market Reaction
Did FTAI Beat Earnings? Q1 2026 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
FTAI Forward Guidance & Outlook
FTAI updated its 2026 business segment Adjusted EBITDA guidance upward from $1.525 billion to $1.625 billion, comprised of $1.05 billion from Aerospace Products and $575 million from Aviation Leasing. The company expects FTAI Power's first Aeroderivative product (FTAI Mod-1) to be delivered by Q4 2026 with planned production of 100 units in 2027. FTAI is also launching fundraising for its SCI II strategic capital partnership with anchor investor commitments secured.
FTAI YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
FTAI Revenue by Segment
With YoY comparisons, source: SEC Filings
“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, Q1 2026 Earnings Press Release
FTAI Earnings Trends
FTAI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FTAI EPS Trend
Earnings per share: estimate vs actual
FTAI Revenue Trend
Quarterly revenue: estimate vs actual
FTAI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 MISS FY | $1.25 | $1.08 | -13.60% | $662.0M | -5.38% |
| FY Full Year | $4.77 | $4.60 | -3.61% | $2.51B | -1.62% |
| Q2 25 | — | $1.57 | — | $676.2M | — |
| Q1 25 MISS | $0.88 | $0.87 | -0.66% | $502.1M | -11.56% |
| Q4 24 BEAT FY | $0.82 | $0.84 | +2.44% | $498.8M | +1.21% |
| FY Full Year | $3.16 | $-0.32 | -110.13% | $1.73B | -0.32% |