FTAI Aviation Ltd.

FTAI 10-Q · Q3 2025

FTAI Q3 2025 request

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Income Statement

Income Statement
Metric Q3 2025 Q3 2024 YoY
Revenue (Q) — — —
Show Product Lines breakouts
Aerospace products revenue 459,206 303,469 +51.3%
Aerospace products revenue · Aerospace Products 459,206 303,469 +51.3%
Lease income 55,072 65,450 -15.9%
Lease income 55,072 65,450 -15.9%
Lease income · Aviation Leasing 55,072 57,322 -3.9%
Maintenance 52,370 59,917 -12.6%
Maintenance · Aviation Leasing 52,370 59,917 -12.6%
Manufactured Product Other 38,461 34,953 +10.0%
Manufactured Product Other · Aviation Leasing 38,461 34,953 +10.0%
MRE Contract revenue 58,663 — —
MRE Contract revenue · Aerospace Products 58,663 — —
MRE Contract revenue · Aircraft Sale And Purchase Agreements 58.7 — —
Product And Service Other 3,292 2,005 +64.2%
Product And Service Other · Aviation Leasing 3,292 74 +4348.6%
Servicing Fees · Equity Method Investee 3,035 — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 517,869 303,469 +70.6%
Aviation Leasing · Operating Segments 149,195 152,266 -2.0%
Show — breakouts
Revenue 667,064 465,794 +43.2%
Cost of Revenue (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 328,153 198,812 +65.1%
Aviation Leasing · Operating Segments 34,769 20,684 +68.1%
Show — breakouts
Cost of Revenue 362,922 219,496 +65.3%
Other Cost And Expense Operating (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 10,545 2,617 +302.9%
Aviation Leasing · Operating Segments 10,146 9,995 +1.5%
Show — breakouts
Other Cost And Expense Operating 39,092 26,858 +45.6%
Show Consolidation Items breakouts
Corporate Non Segment 18,401 14,246 +29.2%
General & Administrative (Q) — — —
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General & Administrative 1,829 4,045 -54.8%
Show Consolidation Items breakouts
Corporate Non Segment 1,829 4,045 -54.8%
Business Combination Acquisition Related Costs (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 599 2,100 -71.5%
Aviation Leasing · Operating Segments 3,571 2,620 +36.3%
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Business Combination Acquisition Related Costs 7,066 9,341 -24.4%
Show Consolidation Items breakouts
Corporate Non Segment 2,896 4,621 -37.3%
Depreciation & Amortization (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 3,930 1,306 +200.9%
Aviation Leasing · Operating Segments 50,226 52,455 -4.2%
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Depreciation & Amortization 55,278 56,775 -2.6%
Show Consolidation Items breakouts
Corporate Non Segment 1,122 3,014 -62.8%
Total Costs & Expenses (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 343,227 204,835 +67.6%
Aviation Leasing · Operating Segments 98,712 85,754 +15.1%
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Total Costs & Expenses 466,187 316,515 +47.3%
Show Consolidation Items breakouts
Corporate Non Segment 24,248 25,926 -6.5%
Interest Expense (Q) — — —
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Interest Expense -60,784 -57,937 -4.9%
Show Consolidation Items breakouts
Corporate Non Segment -60,784 -57,937 -4.9%
Income Loss From Equity Method Investments (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 767 -438 +275.1%
Aviation Leasing · Operating Segments -1,083 — —
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Income Loss From Equity Method Investments -4,224 -438 -864.4%
Show Consolidation Items breakouts
Intersegment Elimination -3,908 — —
Operating Segments -4,224 -438 -864.4%
Operating Segments · 2025 Partnership -4,992 — —
Operating Segments · Advanced Engine Repair JV 668 -438 +252.5%
Operating Segments · QuickTurn Europe 100 — —
Gain Loss On Sale Of Property Plant Equipment (Q) — — —
Show Business Segments breakouts
Aviation Leasing · Operating Segments 4,609 — —
Show Related Party Transactions By Related Party breakouts
Equity Method Investee 4,609 — —
Other Non-Operating Income (Expense) (Q) — — —
Show Business Segments breakouts
Aviation Leasing · Operating Segments 2,103 1,982 +6.1%
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Other Non-Operating Income (Expense) 3,570 2,909 +22.7%
Show Consolidation Items breakouts
Corporate Non Segment 1,467 927 +58.3%
Non-Operating Income (Expense) (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 767 -438 +275.1%
Aviation Leasing · Operating Segments 5,629 1,982 +184.0%
Show — breakouts
Non-Operating Income (Expense) -56,829 -55,466 -2.5%
Show Consolidation Items breakouts
Corporate Non Segment -59,317 -57,010 -4.0%
Intersegment Elimination -3,908 — —
Income Before Taxes (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 175,409 98,196 +78.6%
Aviation Leasing · Operating Segments 56,112 68,494 -18.1%
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Income Before Taxes 144,048 93,813 +53.5%
Show Consolidation Items breakouts
Corporate Non Segment -83,565 -72,877 -14.7%
Intersegment Elimination -3,908 — —
Income Tax Expense (Benefit) (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 26,815 4,408 +508.3%
Aviation Leasing · Operating Segments 14,500 8,898 +63.0%
Show — breakouts
Income Tax Expense (Benefit) 26,330 7,331 +259.2%
Show Consolidation Items breakouts
Corporate Non Segment -14,985 -5,975 -150.8%
Net Income (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 148,594 93,788 +58.4%
Aviation Leasing · Operating Segments 41,612 59,596 -30.2%
Show Equity Components breakouts
Retained Earnings 117,718 86,482 +36.1%
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Net Income 117,718 86,482 +36.1%
Show Consolidation Items breakouts
Corporate Non Segment -68,580 -66,902 -2.5%
Intersegment Elimination -3,908 — —
Dividends Preferred Stock (Q) — — —
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Dividends Preferred Stock 3,709 8,335 -55.5%
Show Consolidation Items breakouts
Corporate Non Segment 3,709 8,335 -55.5%
Net Income Loss Available To Common Stockholders Basic (Q) — — —
Show Business Segments breakouts
Aerospace Products · Operating Segments 148,594 93,788 +58.4%
Aviation Leasing · Operating Segments 41,612 59,596 -30.2%
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Net Income Loss Available To Common Stockholders Basic 114,009 78,147 +45.9%
Show Consolidation Items breakouts
Corporate Non Segment -72,289 -75,237 +3.9%
Intersegment Elimination -3,908 — —
EPS (Basic) (Q) — — —
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EPS (Basic) 1.11 0.76 +46.1%
EPS (Diluted) (Q) — — —
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EPS (Diluted) 1.1 0.76 +44.7%
Wtd Avg Shares (Basic) (Q) — — —
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Wtd Avg Shares (Basic) 102,569,415 102,380,659 +0.2%
Wtd Avg Shares (Diluted) (Q) — — —
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Wtd Avg Shares (Diluted) 103,966,650 103,395,348 +0.6%
Revenue (Q) — — —
Show Business Segments breakouts
Aerospace Products · Africa 25,720 — —
Aerospace Products · Asia 98,644 65,714 +50.1%
Aerospace Products · Europe 97,302 84,136 +15.6%
Aerospace Products · North America 286,006 149,530 +91.3%
Aerospace Products · Operating Segments 517,869 303,469 +70.6%
Aerospace Products · South America 10,197 4,089 +149.4%
Aviation Leasing · Africa 7,919 1,266 +525.5%
Aviation Leasing · Asia 43,658 46,459 -6.0%
Aviation Leasing · Europe 48,295 56,750 -14.9%
Aviation Leasing · North America 41,803 34,700 +20.5%
Aviation Leasing · Operating Segments 149,195 152,266 -2.0%
Aviation Leasing · South America 7,520 13,091 -42.6%
Show Geography breakouts
Africa 33,639 1,266 +2557.1%
Asia 142,302 122,232 +16.4%
Europe 145,597 140,886 +3.3%
North America 327,809 184,230 +77.9%
South America 17,717 17,180 +3.1%
Show — breakouts
Revenue 667,064 465,794 +43.2%

Balance Sheet

Balance Sheet
Metric Q3 2025 Q3 2024 YoY
Current Assets
Cash & Cash Equivalents (Q) — — —
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Cash & Cash Equivalents 509,945 111,888 +355.8%
Accounts Receivable (Q) — — —
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Accounts Receivable 214,889 — —
Show Related Party Transactions By Related Party breakouts
Equity Method Investee 50,856 — —
Inventory (Q) — — —
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Inventory 897,216 490,997 +82.7%
Other Assets Current (Q) — — —
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Other Assets Current 412,779 — —
Show Related Party Transactions By Related Party breakouts
Equity Method Investee 17,585 — —
Total Current Assets (Q) — — —
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Total Current Assets 2,034,829 — —
Non-Current Assets
Intangible Assets (Q) — — —
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Intangible Assets 18,682 — —
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 9,208 — —
Off Market Favorable Lease 9,474 — —
Goodwill (Q) — — —
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Goodwill 83,012 — —
Total Assets (Q) — — —
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Total Assets 4,240,200 3,738,910 +13.4%
Property, Plant & Equipment (Q) — — —
Show Geography breakouts
Africa 18,171 — —
Asia 404,171 — —
Europe 596,938 — —
North America 544,037 — —
South America 220,268 — —
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Property, Plant & Equipment 1,783,585 — —
Operating Lease Right-of-Use Assets (Q) — — —
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Operating Lease Right-of-Use Assets 30,906 — —
Deferred Tax Assets (Q) — — —
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Deferred Tax Assets 27,225 — —
Other Non-Current Assets (Q) — — —
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Other Non-Current Assets 155,746 — —
Other Assets
Property Subject To Or Available For Operating Lease Net (Q) — — —
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Property Subject To Or Available For Operating Lease Net 1,669,634 — —
Show Property Plant And Equipment By Type breakouts
Leasing Equipment 1,669,634 — —
Property Plant And Equipment Excluding Lessor Asset Under Operating Lease After Accumulated Depreciation (Q) — — —
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Property Plant And Equipment Excluding Lessor Asset Under Operating Lease After Accumulated Depreciation 113,951 — —
Equity Method Investments (Q) — — —
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Equity Method Investments 164,346 — —
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
2025 Partnership 133,171 — —
Advanced Engine Repair JV 20,623 — —
QuickTurn Europe 10,552 — —
Other Assets (Q) — — —
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Other Assets 155,746 591,601 -73.7%
Current Liabilities
Accounts Payable (Q) — — —
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Accounts Payable 147,350 — —
Accrued Liabilities (Q) — — —
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Accrued Liabilities 128,936 — —
Maintenance Deposit Liability Current (Q) — — —
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Maintenance Deposit Liability Current 14,650 — —
Security Deposit Liability Current (Q) — — —
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Security Deposit Liability Current 16,012 — —
Other Liabilities Current (Q) — — —
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Other Liabilities Current 41,285 — —
Total Current Liabilities (Q) — — —
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Total Current Liabilities 348,233 — —
Non-Current Liabilities
Long-Term Debt (Q) — — —
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Long-Term Debt 3,446,733 3,218,343 +7.1%
Maintenance Deposit Liability Noncurrent (Q) — — —
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Maintenance Deposit Liability Noncurrent 49,982 — —
Security Deposits Liability Noncurrent (Q) — — —
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Security Deposits Liability Noncurrent 15,991 — —
Other Non-Current Liabilities (Q) — — —
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Other Non-Current Liabilities 126,797 — —
Total Liabilities (Q) — — —
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Total Liabilities 3,987,736 3,620,378 +10.1%
Stockholders' Equity
Common Stock (Q) — — —
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Common Stock 1,026 1,025 +0.1%
Preferred Stock Value (Q) — — —
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Preferred Stock Value 68 159 -57.2%
Additional Paid-In Capital (Q) — — —
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Additional Paid-In Capital -26,549 292,899 -109.1%
Retained Earnings (Q) — — —
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Retained Earnings 277,919 -175,551 +258.3%
Total Stockholders' Equity (Q) — — —
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Total Stockholders' Equity 252,464 118,532 +113.0%
Total Liabilities & Equity (Q) — — —
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Total Liabilities & Equity 4,240,200 3,738,910 +13.4%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q3 2025 YTD Q3 2024 YoY
Operating Activities
Insurance Recoveries (YTD) — — —
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Insurance Recoveries -54,325 — —
Security Deposits And Maintenance Claims (YTD) — — —
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Security Deposits And Maintenance Claims -24,919 -13,437 -85.5%
Stock-Based Compensation (YTD) — — —
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Stock-Based Compensation 16,059 2,578 +522.9%
Deferred Income Taxes And Tax Credits (YTD) — — —
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Deferred Income Taxes And Tax Credits 77,559 -2,470 +3240.0%
Fair Value Adjustment Of Guarantees (YTD) — — —
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Fair Value Adjustment Of Guarantees 2,460 1,340 +83.6%
Amortizationof Lease Intangiblesand Incentives (YTD) — — —
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Amortizationof Lease Intangiblesand Incentives 31,843 30,998 +2.7%
Amortization of Financing Costs (YTD) — — —
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Amortization of Financing Costs 8,772 7,996 +9.7%
Provision For Doubtful Accounts (YTD) — — —
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Provision For Doubtful Accounts 276 2,784 -90.1%
Other Operating Activities Cash Flow Statement (YTD) — — —
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Other Operating Activities Cash Flow Statement 710 -158 +549.4%
Change in Accounts Receivable (YTD) — — —
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Change in Accounts Receivable -38,968 -31,234 -24.8%
Change in Inventory (YTD) — — —
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Change in Inventory -391,908 -163,900 -139.1%
Increase Decrease In Other Operating Assets (YTD) — — —
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Increase Decrease In Other Operating Assets -64,011 -16,769 -281.7%
Increase Decrease In Accounts Payable And Accrued Liabilities (YTD) — — —
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Increase Decrease In Accounts Payable And Accrued Liabilities 100,739 50,630 +99.0%
Increase Decrease In Due To Related Parties (YTD) — — —
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Increase Decrease In Due To Related Parties -960 -3,967 +75.8%
Increase Decrease In Other Operating Liabilities (YTD) — — —
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Increase Decrease In Other Operating Liabilities -22,568 -2,492 -805.6%
Net Cash from Operations (YTD) — — —
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Net Cash from Operations -131,666 -146,153 +9.9%
Deferred Income Taxes (YTD) — — —
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Deferred Income Taxes 77,559 -2,470 +3240.0%
Investing Activities
Payments For Advance To Affiliate (YTD) — — —
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Payments For Advance To Affiliate -188,698 — —
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital (YTD) — — —
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Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital 27,113 — —
Proceeds From Collection Of Lease Receivables (YTD) — — —
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Proceeds From Collection Of Lease Receivables 1,580 1,872 -15.6%
Proceeds From Collection Of Notes Receivable (YTD) — — —
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Proceeds From Collection Of Notes Receivable 4,328 3,874 +11.7%
Payments To Acquire Businesses Net Of Cash Acquired (YTD) — — —
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Payments To Acquire Businesses Net Of Cash Acquired -37,133 -143,634 +74.1%
Payments To Acquire Equipment On Lease (YTD) — — —
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Payments To Acquire Equipment On Lease -489,781 -622,366 +21.3%
Payments To Acquire Finance Receivables (YTD) — — —
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Payments To Acquire Finance Receivables -2,764 -63,857 +95.7%
Capital Expenditures (YTD) — — —
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Capital Expenditures -17,511 -2,968 -490.0%
Acquisitionof Lease Intangibles Net (YTD) — — —
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Acquisitionof Lease Intangibles Net 2,757 1,174 +134.8%
Paymentsfor Depositson Leasing Equipment (YTD) — — —
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Paymentsfor Depositson Leasing Equipment -58,646 -162,708 +64.0%
Show Related Party Transactions By Related Party breakouts
Equity Method Investee -23,473 — —
Proceeds From Sale Of Productive Assets (YTD) — — —
Show Related Party Transactions By Related Party breakouts
Equity Method Investee 485,108 — —
Nonrelated Party 890,434 542,938 +64.0%
Proceeds From Insurance Settlement Investing Activities (YTD) — — —
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Proceeds From Insurance Settlement Investing Activities 54,325 — —
Proceeds From Deposit On Sale Of Aircraft And Engine (YTD) — — —
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Proceeds From Deposit On Sale Of Aircraft And Engine 6,405 2,414 +165.3%
Proceeds From Deposits For Leasing Equipment (YTD) — — —
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Proceeds From Deposits For Leasing Equipment 45,151 530 +8419.1%
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Equity Method Investee 42,813 — —
Net Cash from Investing (YTD) — — —
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Net Cash from Investing 722,668 -442,731 +263.2%
Financing Activities
Proceeds From Issuance Of Long Term Debt (YTD) — — —
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Proceeds From Issuance Of Long Term Debt 430,000 2,069,250 -79.2%
Repayments Of Long Term Debt (YTD) — — —
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Repayments Of Long Term Debt -430,000 -1,367,304 +68.6%
Payments Of Financing Costs (YTD) — — —
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Payments Of Financing Costs -524 -10,825 +95.2%
Increasein Security Deposits (YTD) — — —
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Increasein Security Deposits 4,490 6,120 -26.6%
Decreasein Security Deposits (YTD) — — —
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Decreasein Security Deposits -3,469 — —
Increasein Maintenance Deposits (YTD) — — —
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Increasein Maintenance Deposits 40,284 35,583 +13.2%
Decreasein Maintenance Deposits (YTD) — — —
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Decreasein Maintenance Deposits -5,452 -6,460 +15.6%
Payment For Settlement Of Equity Based Compensation (YTD) — — —
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Payment For Settlement Of Equity Based Compensation -1,497 — —
Payments For Repurchase Of Redeemable Preferred Stock (YTD) — — —
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Payments For Repurchase Of Redeemable Preferred Stock -124,167 — —
Payments Of Dividends Common Stock (YTD) — — —
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Payments Of Dividends Common Stock -92,305 -90,809 -1.6%
Payments Of Dividends Preferred Stock And Preference Stock (YTD) — — —
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Payments Of Dividends Preferred Stock And Preference Stock -13,533 -25,005 +45.9%
Net Cash from Financing (YTD) — — —
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Net Cash from Financing -196,173 610,016 -132.2%
Supplemental
Notes Issued1 (YTD) — — —
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Notes Issued1 32,996 69,826 -52.7%
Noncashor Part Noncash Acquisition Leasing Equipment Acquired (YTD) — — —
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Noncashor Part Noncash Acquisition Leasing Equipment Acquired -22,634 -11,772 -92.3%
Noncash Or Part Noncash Acquisition Receipt Of Leasing Equipment In Settlement Of Accounts Receivable (YTD) — — —
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Noncash Or Part Noncash Acquisition Receipt Of Leasing Equipment In Settlement Of Accounts Receivable -5,118 — —
Purchase Deposits Reclassified To Leasing Equipment (YTD) — — —
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Purchase Deposits Reclassified To Leasing Equipment -52,817 -19,608 -169.4%
Noncash Or Part Noncash Acquisition Leasing Equipment In Lieu Of Cash Reimbursements Of Maintenance Deposits (YTD) — — —
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Noncash Or Part Noncash Acquisition Leasing Equipment In Lieu Of Cash Reimbursements Of Maintenance Deposits 2,199 — —
Noncash Or Part Noncash Acquisition Accounts Receivable Settled With Security Deposits (YTD) — — —
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Noncash Or Part Noncash Acquisition Accounts Receivable Settled With Security Deposits -2,110 -4,365 +51.7%
Noncash Or Part Noncash Acquisition Accounts Receivable Settled With Maintenance Deposits (YTD) — — —
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Noncash Or Part Noncash Acquisition Accounts Receivable Settled With Maintenance Deposits -23,883 -38,795 +38.4%
Other Cash Flow
Net Change in Cash (YTD) — — —
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Net Change in Cash 394,829 21,132 +1768.4%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents (Q) — — —
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 510,095 112,038 +355.3%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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