Q2 25 EPS
$1.57
BEAT +12.79%
Est. $1.39
Q2 25 Revenue
$676.2M
BEAT +23.78%
Est. $546.3M
vs S&P Since Q2 25
+101.7%
BEATING MARKET
FTAI +117.4% vs S&P +15.7%
Market Reaction
Did FTAI Beat Earnings? Q2 2025 Results
FTAI Aviation posted a blowout second quarter, reporting adjusted EPS of $1.57 against a consensus estimate of $1.39, a beat of 12.79%, while revenue of $676.24 million exceeded the $546.34 million estimate by 23.78% and surged 51.1% year over year. … Read more FTAI Aviation posted a blowout second quarter, reporting adjusted EPS of $1.57 against a consensus estimate of $1.39, a beat of 12.79%, while revenue of $676.24 million exceeded the $546.34 million estimate by 23.78% and surged 51.1% year over year. The primary engine behind that growth was the Aerospace Products segment, which generated $420.69 million in revenue versus $245.20 million a year ago, fueled by a 33% sequential ramp in CFM56 module production to 184 units per quarter and the debut of a new MRE Contract revenue stream contributing $69.58 million. Adjusted EBITDA reached $347.81 million, up 63% from $213.90 million in Q2 2024, and the company swung to GAAP net income of $161.69 million compared to a loss of $228.21 million in the prior-year period, which had been weighed down by a one-time $300 million internalization fee. Shares jumped sharply following the report as investors responded to the results. Looking ahead, FTAI is targeting a 25% annualized maintenance market share, up from roughly 9% today, while its SCI Partnership advances toward deploying $4 billion in capital by year-end.
Key Takeaways
- • Significant ramp in production to 184 CFM56 modules in Q2 2025, a 33% increase versus prior quarter
- • Aerospace Products Adjusted EBITDA grew 81% year-over-year to $164.9 million
- • Market share increased to approximately 9% on an annualized basis, up from 5% last year
- • MRE Contract revenue of $69.6 million, a new revenue stream with no prior-year comparable
- • Gain on sale to the 2025 Partnership of $34.6 million
FTAI YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
FTAI Revenue by Segment
With YoY comparisons, source: SEC Filings
“FTAI delivered an excellent quarter, generating over $400 million in positive Adjusted Free Cash Flow. We ended the period in a strong financial position with $302 million in cash and $400 million fully undrawn from our corporate revolving credit facility.”
— Joe Adams, Q2 2025 Earnings Press Release
FTAI Earnings Trends
FTAI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FTAI EPS Trend
Earnings per share: estimate vs actual
FTAI Revenue Trend
Quarterly revenue: estimate vs actual
FTAI Quarterly Results
12 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $1.60 | $1.29 | -19.27% | $830.7M | +13.25% |
| Q4 25 MISS FY | $1.18 | $1.08 | -8.50% | $662.0M | -4.89% |
| FY Full Year | $4.77 | $4.60 | -3.61% | $2.51B | -1.62% |
| Q3 25 MISS | $1.20 | $1.10 | -8.41% | $667.1M | +1.43% |
| Q2 25 BEAT | $1.39 | $1.57 | +12.79% | $676.2M | +23.78% |
| Q1 25 BEAT | $0.88 | $0.88 | +0.48% | $502.1M | -11.56% |
| Q4 24 MISS FY | $0.87 | $0.84 | -3.85% | $498.8M | -3.52% |
| FY Full Year | $3.16 | $-0.32 | -110.13% | $1.73B | -0.32% |
| Q3 24 MISS | $0.77 | $0.76 | -1.30% | $465.8M | +10.26% |
| Q2 24 MISS | $0.32 | $-2.26 | -806.25% | $443.6M | +22.46% |
| Q1 24 MISS | $0.38 | $0.31 | -18.42% | $326.7M | +0.00% |
| Q4 23 BEAT FY | $0.44 | $1.09 | +147.73% | $312.7M | +0.00% |
| FY Full Year | — | $2.11 | — | $1.17B | — |
| Q3 23 MISS | $0.42 | $0.33 | -21.43% | $291.1M | -3.26% |
| Q2 23 BEAT | $0.30 | $0.46 | +53.33% | $274.3M | +0.00% |