FTAI Aviation Ltd - Class A
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −8.32%.
Did FTAI Beat Earnings? Q4 2025 Results
FTAI Aviation fell short of Wall Street expectations in Q4 2025, posting earnings of $1.08 per diluted share against a consensus estimate of $1.18 and revenue of $662.03 million versus the $696.09 million analysts had anticipated, missing on both metrics by 8.50% and 4.89% respectively. Even so, the underlying business showed meaningful momentum, with revenue climbing 31.6% year-over-year as the Aerospace Products segment generated $456.14 million in quarterly revenue, up from $342.10 million a year ago, and a new MRE Contract revenue line contributed an additional $106.90 million with no prior-year comparable. Full-year 2025 net income swung to $501.06 million from just $8.68 million in 2024, underscoring the scale of the company's operational transformation. Management raised its 2026 business segment Adjusted EBITDA guidance to $1.63 billion, split between $1.05 billion from Aerospace Products and $575 million from Aviation Leasing, while also lifting the quarterly dividend to $0.40 per share and advancing fundraising for its SCI II partnership with anchor investor commitments already secured.
- Strong demand for Aerospace Products business drove FY2025 segment Adjusted EBITDA of $671.3 million, up 76% YoY
- MRE Contract revenue of $106.9 million in Q4 2025 with no comparable prior-year figure
- Aerospace products revenue increased to $456.1 million from $342.1 million in Q4 2024
“FTAI delivered exceptional results in 2025, driven by continued demand for our Aerospace Products business and excellent execution across the Company. With this performance, we are entering 2026 from a position of strength—raising our outlook, expanding production capacity, and advancing key initiatives including the next Strategic Capital partnership and the launch of FTAI Power. Combined with another increase to our quarterly dividend, these accomplishments underscore the momentum across the business. We are excited about the opportunities ahead and confident in our ability to create significant long term growth and value for our shareholders.”
FTAI Aviation CEO, on the earnings call
Forward Guidance & Outlook
FTAI raised its 2026 business segment Adjusted EBITDA guidance from $1.525 billion to $1.625 billion, comprised of $1.05 billion from Aerospace Products and $575 million from Aviation Leasing. The company's FTAI Power initiative remains on track with its first aeroderivative product, FTAI Mod-1, expected to be delivered by Q4 2026 with planned production of 100 units in 2027. The company has launched fundraising for SCI II partnership with anchor investor commitments.
FTAI YoY Financials
FTAI Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.