--- title: "FTAI Aviation Pref Share FTAIN 8.25 PERP 06/15/26 | 8-K: FY2026 Q1 Revenue: USD 830.7 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/284690962.md" datetime: "2026-04-30T04:10:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284690962.md) - [en](https://longbridge.com/en/news/284690962.md) - [zh-HK](https://longbridge.com/zh-HK/news/284690962.md) --- # FTAI Aviation Pref Share FTAIN 8.25 PERP 06/15/26 | 8-K: FY2026 Q1 Revenue: USD 830.7 M Revenue: As of FY2026 Q1, the actual value is USD 830.7 M. EPS: As of FY2026 Q1, the actual value is USD 1.29. EBIT: As of FY2026 Q1, the actual value is USD 230.77 M. ### Financial Overview (Three Months Ended March 31, 2026 vs. 2025) #### Consolidated Operational Metrics - **Net Income Attributable to Shareholders**: Net income attributable to shareholders was $134,190 thousand in Q1 2026, an increase from $89,944 thousand in Q1 2025. - **Adjusted EBITDA**: Adjusted EBITDA was $325,577 thousand in Q1 2026, up from $268,558 thousand in Q1 2025. #### Segment Revenue - **Total Revenues**: Total revenues were $830,697 thousand in Q1 2026, compared to $502,080 thousand in Q1 2025. - **Aerospace products revenue**: Aerospace products revenue was $522,585 thousand in Q1 2026, significantly higher than $264,425 thousand in Q1 2025. - **MRE Contract revenue**: MRE Contract revenue was $221,230 thousand in Q1 2026, up from $100,638 thousand in Q1 2025. - **Lease income**: Lease income was $39,892 thousand in Q1 2026, a decrease from $68,440 thousand in Q1 2025. - **Maintenance revenue**: Maintenance revenue was $30,599 thousand in Q1 2026, down from $49,607 thousand in Q1 2025. - **Asset sales revenue**: Asset sales revenue was $10,184 thousand in Q1 2026, compared to $18,939 thousand in Q1 2025. - **Other revenue**: Other revenue was $6,207 thousand in Q1 2026, a substantial increase from $31 thousand in Q1 2025. #### Operating Costs and Expenses - **Total Expenses**: Total expenses were $660,318 thousand in Q1 2026, compared to $351,122 thousand in Q1 2025. - **Cost of sales**: Cost of sales was $524,268 thousand in Q1 2026, up from $248,714 thousand in Q1 2025. - **Operating expenses**: Operating expenses were $64,987 thousand in Q1 2026, compared to $32,438 thousand in Q1 2025. - **General and administrative**: General and administrative expenses were $2,413 thousand in Q1 2026, down from $3,116 thousand in Q1 2025. - **Acquisition and transaction expenses**: Acquisition and transaction expenses were $16,361 thousand in Q1 2026, an increase from $7,292 thousand in Q1 2025. - **Depreciation and amortization**: Depreciation and amortization were $52,289 thousand in Q1 2026, compared to $59,562 thousand in Q1 2025. #### Other Financial Items - **Interest expense**: Interest expense was - $61,407 thousand in Q1 2026, slightly lower than - $62,040 thousand in Q1 2025. - **Equity in losses of unconsolidated entities**: Equity in losses of unconsolidated entities was - $2,363 thousand in Q1 2026, an improvement from - $7,614 thousand in Q1 2025. - **Gain on sale to the 2025 Partnership**: Gain on sale to the 2025 Partnership was $15,168 thousand in Q1 2026, up from $10,870 thousand in Q1 2025. - **Other income**: Other income was $47,582 thousand in Q1 2026, compared to $33,071 thousand in Q1 2025. - **Income before income taxes**: Income before income taxes was $169,359 thousand in Q1 2026, an increase from $125,245 thousand in Q1 2025. - **Provision for income taxes**: Provision for income taxes was $31,460 thousand in Q1 2026, up from $22,859 thousand in Q1 2025. - **Dividends on preferred shares**: Dividends on preferred shares were $3,709 thousand in Q1 2026, down from $6,115 thousand in Q1 2025. - **Loss on redemption of preferred shares**: Loss on redemption of preferred shares was - $0 thousand in Q1 2026, compared to - $6,327 thousand in Q1 2025. #### Unique Metrics and Business Highlights - **Aerospace Products Revenue**: Aerospace Products Revenue generated $743.8 million in Q1 2026, marking a 104% increase compared to Q1 2025. - **Aerospace Products Adjusted EBITDA**: Aerospace Products Adjusted EBITDA reached $222.6 million in Q1 2026, a 70% increase compared to Q1 2025. - **Dividends**: The Board declared a cash dividend of $0.45 per ordinary share for Q1 2026, an increase from $0.40 per share, supported by strong free cash flow generation. - **Credit Facilities**: The company amended and extended its revolving credit facility, increasing total commitments from $400 million to $2.025 billion and extending maturity to April 2031. - **Warehouse Financing**: The SCI I warehouse financing facility was upsized from $2.5 billion to $3.5 billion to support deployment. - **Joint Venture**: FTAI Aviation Ltd. announced a strategic packaging and distribution joint venture with Jereh Group. #### Outlook / Guidance FTAI Aviation Ltd. is well positioned to pursue attractive market opportunities for sustained growth and long-term value creation. The company announced a planned 2027 production target of 100 Mod-1 CFM56 aeroderivative units through its joint venture with Jereh Group. Robust end market demand continues to support the scaling of its business. ### Related Stocks - [FTAIN.US](https://longbridge.com/en/quote/FTAIN.US.md) ## Related News & Research - [Gamehaus Holdings Inc. Announces Unaudited Financial Results for the Third Quarter of Fiscal 2026 Ended March 31, 2026 | GMHS Stock News](https://longbridge.com/en/news/289035965.md) - [PowerFleet Q4 2026 Earnings Preview](https://longbridge.com/en/news/289616465.md) - [Soybean Analysis: 2026 Market Volatility and Trend](https://longbridge.com/en/news/289444628.md) - [Factorial Files Super 8-K Containing Q1 2026 Financial Results | FAC Stock News](https://longbridge.com/en/news/289602927.md) - [Zedge Q3 2026 Earnings Preview](https://longbridge.com/en/news/289381005.md)