--- title: "FTAI Infrastructure LLC - WI | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 186.77 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295014234.md" datetime: "2026-08-05T20:54:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295014234.md) - [en](https://longbridge.com/en/news/295014234.md) - [zh-HK](https://longbridge.com/zh-HK/news/295014234.md) generator: "portal-rs" --- # FTAI Infrastructure LLC - WI | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 186.77 M Revenue: As of FY2026 Q2, the actual value is USD 186.77 M, missing the estimate of USD 191.83 M. EPS: As of FY2026 Q2, the actual value is USD -1.41, missing the estimate of USD -0.5625. EBIT: As of FY2026 Q2, the actual value is USD -45.53 M. #### Net Loss Attributable to Common Stockholders - For the second quarter of 2026, the net loss attributable to common stockholders was - $166,464 thousand, compared to - $83,898 thousand for the second quarter of 2025. - For the six months ended June 30, 2026, the net loss attributable to common stockholders was - $320,989 thousand, compared to $24,359 thousand for the six months ended June 30, 2025. #### Adjusted EBITDA - Adjusted EBITDA for the second quarter of 2026 was $76,113 thousand, an increase from $45,916 thousand in the second quarter of 2025. - Adjusted EBITDA for the four core segments was $83,031 thousand for the second quarter of 2026. - For the six months ended June 30, 2026, Adjusted EBITDA was $146,705 thousand, a decrease from $201,135 thousand for the six months ended June 30, 2025. #### Total Expenses - Total expenses for the second quarter of 2026 were $233,404 thousand, significantly higher than $129,080 thousand in the second quarter of 2025. - For the six months ended June 30, 2026, total expenses were $418,955 thousand, compared to $232,307 thousand for the six months ended June 30, 2025. #### Key Expense Categories - Operating expenses were $117,333 thousand for Q2 2026, up from $74,435 thousand in Q2 2025. - Operating expenses for the six months ended June 30, 2026, were $237,727 thousand, compared to $141,480 thousand for the same period in 2025. - Depreciation and amortization was $39,511 thousand for Q2 2026, compared to $33,998 thousand in Q2 2025. - Depreciation and amortization for the six months ended June 30, 2026, was $90,202 thousand, compared to $59,010 thousand for the same period in 2025. - Asset impairment was $63,188 thousand for Q2 2026, compared to $4,401 thousand in Q2 2025. - Asset impairment for the six months ended June 30, 2026, was $63,188 thousand, compared to $4,401 thousand for the same period in 2025. - Interest expense was - $105,492 thousand for Q2 2026, compared to - $59,204 thousand in Q2 2025. - Interest expense for the six months ended June 30, 2026, was - $187,979 thousand, compared to - $102,316 thousand for the same period in 2025. #### Cash and Debt Position (as of June 30, 2026) - Cash and cash equivalents stood at $32,628 thousand, a decrease from $57,351 thousand as of December 31, 2025. - Total current debt, net was $476,768 thousand, and non-current debt, net was $2,286,949 thousand. - Net cash used in operating activities for the six months ended June 30, 2026, was - $30,340 thousand, an improvement from - $90,872 thousand for the same period in 2025. #### Dividends - FTAI Infrastructure Inc. declared a cash dividend of $0.03 per share of common stock for the quarter ended June 30, 2026. #### Operational Metrics by Segment (Q2 2026 Adjusted EBITDA) - Railroad segment Adjusted EBITDA was $42,356 thousand. - Jefferson Terminal Adjusted EBITDA was $13,014 thousand. - Repauno Adjusted EBITDA was $232 thousand. - Power and Gas segment Adjusted EBITDA was $27,429 thousand. #### Outlook - The rail segment achieved record revenues and Adjusted EBITDA for Q2 2026, and FTAI Infrastructure Inc. announced the acquisition of Tidewater Logistics. - The anticipated sale of Long Ridge is pending regulatory approval, expected to eliminate $1.16 billion of debt and allow for repayment of approximately $300 million of other debt. - Jefferson Terminal completed its SSP bi-directional pipeline project, and Repauno phase two is progressing towards an expected operational commencement in early 2027. ### Related Stocks - [FIP.US](https://longbridge.com/en/quote/FIP.US.md) ## Related News & Research - [Dimensional Fund Advisors LP Decreases Stake in FTAI Infrastructure Inc. $FIP](https://longbridge.com/en/news/295759394.md) - [FTAI Infrastructure Q2 revenue rises, boosted by rail segment](https://longbridge.com/en/news/295011860.md) - [Flare Network: FIP 16 drives 10x burn rate, but FLR faces THIS bear trend](https://longbridge.com/en/news/298454651.md) - [Akash Infra-Projects Allots 40 Lakh Convertible Warrants on Preferential Basis](https://longbridge.com/en/news/281916607.md) - [Rep. Brian Babin Sells Off Shares of FTAI Infrastructure Inc. (NASDAQ:FIP)](https://longbridge.com/en/news/287013184.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**