<span item_type="fundamental" item_id="62d513d8dc28d6e59c3220d8de294d85" counter_id="ST/US/FTAIN" env="prod"></span><span item_type="announcement" item_id="620865672085768449" env="prod"></span><p>Revenue: As of FY2025, the actual value is USD 2.507 B.</p><p>EPS: As of FY2025, the actual value is USD 4.6.</p><p>EBIT: As of FY2025, the actual value is USD 989.04 M.</p><p></p><h3>Consolidated Financial Metrics</h3><h4>Net Income (Loss) Attributable to Shareholders</h4><ul><li>Net Income (Loss) Attributable to Shareholders was $477,494 thousand in 2025, compared to - $32,079 thousand in 2024, and $212,022 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The change from 2025 to 2024 showed an increase of $509,573 thousand, while the change from 2024 to 2023 decreased by - $244,101 thousand.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Adjusted EBITDA (Non-GAAP)</h4><ul><li>Adjusted EBITDA was $1,190,922 thousand in 2025, $862,050 thousand in 2024, and $597,282 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This represents an increase of $328,872 thousand from 2025 to 2024, and an increase of $264,768 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Interest Expense</h4><ul><li>Interest Expense was - $247,751 thousand in 2025, - $221,721 thousand in 2024, and - $161,639 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The expense increased by - $26,030 thousand from 2025 to 2024, and by - $60,082 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Provision for (Benefit from) Income Taxes</h4><ul><li>Provision for Income Taxes was $105,620 thousand in 2025, $5,487 thousand in 2024, and - $59,800 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This amount increased by $100,133 thousand from 2025 to 2024 and by $65,287 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Cash Flow from Operating Activities</h4><ul><li>Cash Flow from Operating Activities was - $310,745 thousand in 2025, - $187,956 thousand in 2024, and $128,982 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Net cash used in operating activities increased by $122,800 thousand from 2025 to 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Cash Flow from Investing Activities</h4><ul><li>Cash Flow from Investing Activities was $723,314 thousand in 2025, - $469,498 thousand in 2024, and - $373,349 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Net cash provided by investing activities increased by $1,200,000 thousand from 2025 to 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Cash Flow from Financing Activities</h4><ul><li>Cash Flow from Financing Activities was - $227,209 thousand in 2025, $681,814 thousand in 2024, and $282,208 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Net cash used in financing activities increased by $909,000 thousand from 2025 to 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h3>Aerospace Products Segment</h3><h4>Total Revenues</h4><ul><li>Total Revenues for the Aerospace Products segment were $1,936,244 thousand in 2025, $1,079,821 thousand in 2024, and $454,970 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Revenues increased by $856,423 thousand from 2025 to 2024, and by $624,851 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Cost of Sales</h4><ul><li>Cost of Sales was $1,240,368 thousand in 2025, $673,907 thousand in 2024, and $280,280 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The cost increased by $566,461 thousand from 2025 to 2024, and by $393,627 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Operating Expenses</h4><ul><li>Operating Expenses were $34,514 thousand in 2025, $23,818 thousand in 2024, and $20,459 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Expenses increased by $10,696 thousand from 2025 to 2024, and by $3,359 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Depreciation and Amortization</h4><ul><li>Depreciation and Amortization was $15,764 thousand in 2025, $6,630 thousand in 2024, and $661 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This increased by $9,134 thousand from 2025 to 2024, and by $5,969 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Net Income Attributable to Shareholders</h4><ul><li>Net Income for the Aerospace Products segment was $548,346 thousand in 2025, $346,346 thousand in 2024, and $180,177 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Net income increased by $202,000 thousand from 2025 to 2024, and by $166,169 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Adjusted EBITDA (Non-GAAP)</h4><ul><li>Adjusted EBITDA for the Aerospace Products segment was $671,252 thousand in 2025, $380,636 thousand in 2024, and $160,009 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This increased by $290,616 thousand from 2025 to 2024, and by $220,627 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h3>Aviation Leasing Segment</h3><h4>Total Revenues</h4><ul><li>Total Revenues for the Aviation Leasing segment were $571,161 thousand in 2025, $628,437 thousand in 2024, and $681,611 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Revenues decreased by - $57,276 thousand from 2025 to 2024, and by - $53,174 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Cost of Sales</h4><ul><li>Cost of Sales was $109,351 thousand in 2025, $151,977 thousand in 2024, and $221,852 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The cost decreased by - $42,626 thousand from 2025 to 2024, and by - $69,875 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Operating Expenses</h4><ul><li>Operating Expenses were $37,307 thousand in 2025, $35,495 thousand in 2024, and $37,876 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Expenses increased by $1,812 thousand from 2025 to 2024, but decreased by - $2,381 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Depreciation and Amortization</h4><ul><li>Depreciation and Amortization was $205,687 thousand in 2025, $201,497 thousand in 2024, and $158,354 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This increased by $4,190 thousand from 2025 to 2024, and by $43,143 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Net Income Attributable to Shareholders</h4><ul><li>Net Income for the Aviation Leasing segment was $271,352 thousand in 2025, $210,249 thousand in 2024, and $291,603 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Net income increased by $61,103 thousand from 2025 to 2024, but decreased by - $81,354 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Adjusted EBITDA (Non-GAAP)</h4><ul><li>Adjusted EBITDA for the Aviation Leasing segment was $608,912 thousand in 2025, $500,062 thousand in 2024, and $467,388 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This increased by $108,850 thousand from 2025 to 2024, and by $32,674 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Aviation Assets at December 31, 2025</h4><ul><li>The segment had a total of 47 aircraft (5 Widebody, 42 Narrowbody) and 243 engines (18 Widebody, 225 Narrowbody).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>There were 37 commercial aircraft and 143 engines on lease.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Aviation Equipment Utilization for Q4 2025 was approximately 77%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The weighted average remaining lease term for aircraft was 44 months, and for engines on-lease was 38 months.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h3>Corporate and Other Segment</h3><h4>Total Revenues</h4><ul><li>Total Revenues for the Corporate and Other segment were $4 thousand in 2025, $26,643 thousand in 2024, and $34,315 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Revenues decreased by - $26,639 thousand from 2025 to 2024, and by - $7,672 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Operating Expenses</h4><ul><li>Operating Expenses were $80,720 thousand in 2025, $56,548 thousand in 2024, and $51,828 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Expenses increased by $24,172 thousand from 2025 to 2024, and by $4,720 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>General and Administrative Expenses</h4><ul><li>General and Administrative Expenses were $9,478 thousand in 2025, $14,263 thousand in 2024, and $13,700 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>Expenses decreased by - $4,785 thousand from 2025 to 2024, but increased by $563 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Internalization Fee to Affiliate</h4><ul><li>Internalization Fee to Affiliate was $0 thousand in 2025, $300,000 thousand in 2024, and $0 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This fee decreased by - $300,000 thousand from 2025 to 2024, and increased by $300,000 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Interest Expense</h4><ul><li>Interest Expense was - $247,751 thousand in 2025, - $221,721 thousand in 2024, and - $161,639 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The expense increased by - $26,030 thousand from 2025 to 2024, and by - $60,082 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Net Loss Attributable to Shareholders</h4><ul><li>Net Loss for the Corporate and Other segment was - $319,375 thousand in 2025, - $588,674 thousand in 2024, and - $259,758 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>The net loss decreased by $269,299 thousand from 2025 to 2024, but increased by - $328,916 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h4>Adjusted EBITDA (Non-GAAP)</h4><ul><li>Adjusted EBITDA for the Corporate and Other segment was - $66,413 thousand in 2025, - $18,648 thousand in 2024, and - $30,115 thousand in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li><li>This decreased by - $47,765 thousand from 2025 to 2024, but increased by $11,467 thousand from 2024 to 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></li></ul><h3>Outlook / Guidance</h3><p>FTAI Aviation Ltd. launched its Strategic Capital Initiative at the end of 2024 to manage third-party capital for investing in on-lease aircraft and engines.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span> The 2025 Partnership, the first under this initiative, completed a $2.0 billion equity fundraise in October 2025 and is expected to be the primary buyer for future on-lease 737NG and A320ceo aircraft.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span> The Company anticipates providing aircraft management services and making minority capital commitments to future partnerships, expecting operational cost savings due to the internalization of management functions effective May 28, 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1590364/000162828026012940/ftai-20251231.htm"></span></p>

FTAI Aviation Pref Share FTAIN 8.25 PERP 06/15/26 | 10-K: FY2025 Revenue: USD 2.507 B