FTAI Infrastructure financials
$2.82−2.42%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $186.8M | $188.4M | $143.5M | $140.6M | $122.3M | $96.2M | $80.8M | $83.3M | $84.9M | $82.5M | $81.4M | $80.7M |
| Gross profit | $186.8M | $68.0M | $143.5M | $140.6M | $122.3M | $29.1M | $80.8M | $83.3M | $84.9M | $82.5M | $81.4M | $80.7M |
| Gross margin | 100.0% | 36.1% | 100.0% | 100.0% | 100.0% | 30.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$46.6M | $2.8M | $1.3M | $20.6M | -$6.8M | -$7.1M | -$77.8M | -$7.3M | -$3.0M | -$11.3M | -$6.2M | -$14.2M |
| Net income | -$166.5M | -$154.5M | -$125.5M | -$159.3M | -$83.9M | $108.3M | -$133.6M | -$50.0M | -$54.4M | -$56.6M | -$48.2M | -$56.1M |
| Net margin | −89.1% | −82.0% | −87.4% | −113.3% | −68.6% | 112.6% | −165.4% | −60.0% | −64.0% | −68.6% | −59.2% | −69.5% |
| Diluted EPS | $-1.41 | $-1.32 | $-1.17 | $-1.38 | $-0.73 | $0.89 | $-1.17 | $-0.45 | $-0.52 | $-0.54 | $-0.47 | $-0.55 |
| EBITDA | $56.1M | $60.3M | $51.6M | $58.6M | $31.6M | $21.5M | $14.8M | $14.7M | $18.0M | $10.1M | -$2.9M | $6.6M |
| Operating cash flow | $39.0M | -$69.4M | -$2.8M | -$24.4M | -$5.2M | -$85.7M | -$8.1M | $14.2M | -$17.6M | -$3.9M | $7.7M | $14.7M |
| Free cash flow | -$46.9M | -$115.9M | -$68.6M | -$90.1M | -$87.0M | -$152.2M | -$34.3M | -$10.5M | -$33.0M | -$17.1M | -$12.6M | $1.7M |
| Diluted shares | 118.2M | 116.7M | 107.7M | 115.6M | 114.9M | 122.8M | 113.9M | 109.7M | 105.0M | 104.2M | 103.4M | 102.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $32.6M | $37.9M | $57.4M | $34.7M | $33.6M | $26.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.76B | $3.81B | $3.77B | $3.73B | $3.08B | $2.75B |
| Total assets | $5.75B | $5.69B | $5.75B | $5.45B | $4.41B | $4.14B |
| Total liabilities | $5.11B | $4.87B | $4.80B | $4.37B | $3.63B | $3.28B |
| Shareholders' equity | -$518.7M | -$303.1M | -$146.2M | $20.1M | $225.6M | $337.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology