Companies /Industrials

FTAI Aviation Ltd - Class A

NASDAQ: FTAI Aerospace & Defense
$199.85
▼ $1.42 (−0.71%) today
Markets open · 12:41pm ET

Q3 2025 Earnings

Reported Oct 27, 2025, 4:23pm ET · SEC source
$1.10
Miss −8.41%
EPS · est. $1.20
$667.1M
Beat +1.43%
Revenue · est. $657.7M
−2.9%
Trailing market
FTAI vs S&P since report
4 quarters
Consecutive EPS misses

Market Reaction

% change · around the report
0+3%+6%+9%Oct 27Oct 28report 4:23pm ETearnings+0.2%+4.3%
0+3%+6%+9%Oct 27Oct 28earnings+0.2%+4.3%
FTAI +4.3%S&P 500 +0.2%
0+3%+6%+9%Oct 27Oct 28report 4:23pm ETearnings+0.8%+4.3%
0+3%+6%+9%Oct 27Oct 28earnings+0.8%+4.3%
FTAI +4.3%NASDAQ +0.8%
−18%−12%−6%0Oct 27Nov 4report 4:23pm ETearnings−1.5%−16.0%
−18%−12%−6%0Oct 27Nov 4earnings−1.5%−16.0%
FTAI −16.0%S&P 500 −1.5%
−18%−12%−6%0Oct 27Nov 4report 4:23pm ETearnings−1.6%−16.0%
−18%−12%−6%0Oct 27Nov 4earnings−1.6%−16.0%
FTAI −16.0%NASDAQ −1.6%
−3.08%
Day of report
−3.00%
Next session
−13.41%
One week
−3.43%
30 days

S&P 500 over the same 30 days: −0.53%.

Did FTAI Beat Earnings? Q3 2025 Results

FTAI Aviation delivered a mixed third quarter for fiscal 2025, posting revenue of $667.06 million, a 42.1% increase year-over-year that edged past the $657.67 million consensus by 1.43%, while GAAP diluted EPS of $1.10 fell short of the $1.20 analyst estimate by 8.41%. The headline earnings miss was offset by the continued momentum in the company's Aerospace Products segment, which generated $459.21 million in revenue and $180.42 million in Adjusted EBITDA, a 77% jump from the year-ago period, underscoring accelerating demand for FTAI's aftermarket engine and module services. Total Adjusted EBITDA climbed to $297.38 million from $232.03 million a year earlier, and net income attributable to shareholders rose 46% to $114.01 million. Management raised its 2026 Adjusted EBITDA guidance to $1.52 billion from $1.40 billion, while its Strategic Capital Initiative, backed by $2.00 billion in equity commitments, now targets deploying over $6.00 billion of capital, reflecting growing institutional confidence in FTAI's asset-light expansion strategy. The company also raised its quarterly dividend to $0.35 per share from $0.30.

Key Takeaways
  • Continued growth in Aerospace Products segment with Adjusted EBITDA up 77% year-over-year
  • Aerospace Products revenue growth of 51% year-over-year to $459.2 million
  • New MRE Contract revenue contributing $58.7 million in Q3 2025
  • Net income attributable to shareholders increased 46% versus Q3 2024

“Our business had a strong quarter underpinned by continued growth in Aerospace Products allowing us to increase guidance for 2026 and raise our ordinary dividend. We also held the final closing for the Strategic Capital Initiative's inaugural vehicle exceeding our fundraising target and hitting the upsized hard cap of $2.0 billion of equity commitments. This, along with debt financing, will allow us to purchase over $6 billion of aircraft up from our earlier target of $4 billion.”

FTAI Aviation CEO, on the earnings call

Forward Guidance & Outlook

FTAI raised its 2026 Adjusted EBITDA guidance to $1.525 billion from $1.4 billion, comprised of approximately $1.0 billion from Aerospace Products and $525 million from Aviation Leasing. The company expects to deploy over $6 billion of capital through its Strategic Capital Initiative partnership, up from an earlier target of $4 billion, utilizing $2 billion of equity commitments plus current and future debt financing.

FTAI YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$200.0M$400.0M$600.0M$469.5M$667.1MRevenue$158.6M$200.9MOperating Income$86.5M$114.0MNet Income
$0$200.0M$400.0M$600.0MRevenueOperating IncomeNet Income

FTAI Revenue by Segment

Aerospace Products$459.2M+51.3%
MRE Contract Revenue
Aviation Leasing
Aviation Leasing - Maintenance Revenue$52.4M
Lease Income
Aviation Leasing - Lease Income$55.1M
Maintenance Revenue
Aviation Leasing - Asset Sales Revenue$38.5M

Figures from SEC filings and company reports. Not investment advice.