The Filings Report

FTAI Aviation Ltd. Common Stock

FTAINasdaqCIK 1590364Industrials / Business Servicesfiscal year ends December50 quarters since 2014

Revenue, Q2 FY2026
$953M
+40.9% on Q2 FY2025
Net income
—
no year-earlier figure
Free cash flow
−$123M
−4.6% on Q2 FY2025
Diluted EPS
$1.13
−28.0% on Q2 FY2025
Revenue, TTM
$3.1B
trailing four quarters
Net margin, TTM
—
net income —
Free cash flow, TTM
−$480M
−$440M less $41M capex
Cash and equivalents
$337M
long-term debt $3.5B, Jun 30, 2026
Shares, 12-month change
+0.1%
103M shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
$154M
0.8% of market value
Market value
$19.2B
at the close, buybacks

Latest quarter Q2 FY2026, filed July 31, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, FTAI Aviation Ltd. Common Stock reported revenue of $953M, +40.9% on Q2 FY2025. Free cash flow, operating cash flow less capital expenditures, was −$123M (−$105M less $17M). Diluted earnings per share were $1.13.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of July 31, 2026.

Revenue and net incomeRevenueNet income
$0$250M$500M$750M$1.0BQ3'22, Revenue: $230MQ3'22, Net income: $59MQ3'22Q4'22, Revenue: $274MQ4'22Q1'23, Revenue: $293MQ1'23Q2'23, Revenue: $274MQ2'23Q3'23, Revenue: $291MQ3'23Q4'23, Revenue: $313MQ4'23Q1'24, Revenue: $327MQ1'24Q2'24, Revenue: $444MQ2'24Q3'24, Revenue: $466MQ3'24Q4'24, Revenue: $499MQ4'24Q1'25, Revenue: $502MQ1'25Q2'25, Revenue: $676MQ2'25Q3'25, Revenue: $667MQ3'25Q4'25, Revenue: $662MQ4'25Q1'26, Revenue: $831MQ1'26Q2'26, Revenue: $953MQ2'26$0$250M$500M$750M$1.0BQ3'22, Revenue: $230MQ3'22, Net income: $59MQ4'22, Revenue: $274MQ4'22Q1'23, Revenue: $293MQ2'23, Revenue: $274MQ2'23Q3'23, Revenue: $291MQ4'23, Revenue: $313MQ4'23Q1'24, Revenue: $327MQ2'24, Revenue: $444MQ2'24Q3'24, Revenue: $466MQ4'24, Revenue: $499MQ4'24Q1'25, Revenue: $502MQ2'25, Revenue: $676MQ2'25Q3'25, Revenue: $667MQ4'25, Revenue: $662MQ4'25Q1'26, Revenue: $831MQ2'26, Revenue: $953MQ2'26

Net income losses drawn in red.

Free cash flow
−$200M−$100M$0$100MQ3'22, Free cash flow: $7MQ3'22Q4'22, Free cash flow: −$5MQ4'22Q1'23, Free cash flow: $37MQ1'23Q2'23, Free cash flow: $28MQ2'23Q3'23, Free cash flow: $48MQ3'23Q4'23, Free cash flow: $10MQ4'23Q1'24, Free cash flow: −$2MQ1'24Q2'24, Free cash flow: −$188MQ2'24Q3'24, Free cash flow: $41MQ3'24Q4'24, Free cash flow: −$48MQ4'24Q1'25, Free cash flow: −$30MQ1'25Q2'25, Free cash flow: −$117MQ2'25Q3'25, Free cash flow: −$2MQ3'25Q4'25, Free cash flow: −$189MQ4'25Q1'26, Free cash flow: −$167MQ1'26Q2'26, Free cash flow: −$123MQ2'26−$200M−$100M$0$100MQ3'22, Free cash flow: $7MQ4'22, Free cash flow: −$5MQ4'22Q1'23, Free cash flow: $37MQ2'23, Free cash flow: $28MQ2'23Q3'23, Free cash flow: $48MQ4'23, Free cash flow: $10MQ4'23Q1'24, Free cash flow: −$2MQ2'24, Free cash flow: −$188MQ2'24Q3'24, Free cash flow: $41MQ4'24, Free cash flow: −$48MQ4'24Q1'25, Free cash flow: −$30MQ2'25, Free cash flow: −$117MQ2'25Q3'25, Free cash flow: −$2MQ4'25, Free cash flow: −$189MQ4'25Q1'26, Free cash flow: −$167MQ2'26, Free cash flow: −$123MQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3B$4BQ3'22, Cash and equivalents: $16MQ3'22, Long-term debt: $2.0BQ3'22Q4'22, Cash and equivalents: $34MQ4'22, Long-term debt: $2.2BQ4'22Q1'23, Cash and equivalents: $41MQ1'23, Long-term debt: $2.1BQ1'23Q2'23, Cash and equivalents: $21MQ2'23, Long-term debt: $2.2BQ2'23Q3'23, Cash and equivalents: $53MQ3'23, Long-term debt: $2.3BQ3'23Q4'23, Cash and equivalents: $91MQ4'23, Long-term debt: $2.5BQ4'23Q1'24, Cash and equivalents: $65MQ1'24, Long-term debt: $2.7BQ1'24Q2'24, Cash and equivalents: $169MQ2'24, Long-term debt: $3.1BQ2'24Q3'24, Cash and equivalents: $112MQ3'24, Long-term debt: $3.2BQ3'24Q4'24, Cash and equivalents: $115MQ4'24, Long-term debt: $3.4BQ4'24Q1'25, Cash and equivalents: $112MQ1'25, Long-term debt: $3.6BQ1'25Q2'25, Cash and equivalents: $302MQ2'25, Long-term debt: $3.4BQ2'25Q3'25, Cash and equivalents: $510MQ3'25, Long-term debt: $3.4BQ3'25Q4'25, Cash and equivalents: $300MQ4'25, Long-term debt: $3.4BQ4'25Q1'26, Cash and equivalents: $412MQ1'26, Long-term debt: $3.5BQ1'26Q2'26, Cash and equivalents: $337MQ2'26, Long-term debt: $3.5BQ2'26$0$1B$2B$3B$4BQ3'22, Cash and equivalents: $16MQ3'22, Long-term debt: $2.0BQ4'22, Cash and equivalents: $34MQ4'22, Long-term debt: $2.2BQ4'22Q1'23, Cash and equivalents: $41MQ1'23, Long-term debt: $2.1BQ2'23, Cash and equivalents: $21MQ2'23, Long-term debt: $2.2BQ2'23Q3'23, Cash and equivalents: $53MQ3'23, Long-term debt: $2.3BQ4'23, Cash and equivalents: $91MQ4'23, Long-term debt: $2.5BQ4'23Q1'24, Cash and equivalents: $65MQ1'24, Long-term debt: $2.7BQ2'24, Cash and equivalents: $169MQ2'24, Long-term debt: $3.1BQ2'24Q3'24, Cash and equivalents: $112MQ3'24, Long-term debt: $3.2BQ4'24, Cash and equivalents: $115MQ4'24, Long-term debt: $3.4BQ4'24Q1'25, Cash and equivalents: $112MQ1'25, Long-term debt: $3.6BQ2'25, Cash and equivalents: $302MQ2'25, Long-term debt: $3.4BQ2'25Q3'25, Cash and equivalents: $510MQ3'25, Long-term debt: $3.4BQ4'25, Cash and equivalents: $300MQ4'25, Long-term debt: $3.4BQ4'25Q1'26, Cash and equivalents: $412MQ1'26, Long-term debt: $3.5BQ2'26, Cash and equivalents: $337MQ2'26, Long-term debt: $3.5BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed July 31, 2026.

FTAI Aviation Ltd. Common Stock income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 27, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 5, 2025Q4 FY2024ended Dec 31, 2024filed Mar 3, 2025Q3 FY2024ended Sep 30, 2024filed Nov 12, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue953831662667676502499466+40.9%
Cost of revenue636524369363369249258219+72.2%
Gross profit—————————
Research and development—————————
Selling, general and administrative22222344−8.1%
Operating income—————————
Other income (expense)(44)(1)(45)(57)(7)(26)(50)(55)−511.7%
Pretax income15116913414420312510894−25.9%
Income tax26311926382367−32.4%
Net income—————————
Diluted EPS ($)1.131.29—1.101.570.87—0.76−28.0%
Diluted shares (millions)104104—104103103—103—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed July 31, 2026.

FTAI Aviation Ltd. Common Stock balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 27, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 5, 2025Q4 FY2024ended Dec 31, 2024filed Mar 3, 2025Q3 FY2024ended Sep 30, 2024filed Nov 12, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents337412300510302112115112+11.7%
Short-term investments—————————
Total current assets2,5412,5902,1132,0351,7591,8701,226—+44.4%
Total assets4,4894,5294,3744,2404,1014,2684,0383,739+9.5%
Total current liabilities481494400348351474347—+37.1%
Long-term debt3,4533,4513,4493,4473,4453,6433,4403,218+0.3%
Total liabilities4,0854,0974,0403,9883,9364,2403,9573,620+3.8%
Stockholders’ equity4044323342521652881119+144.9%
Shares outstanding (millions)103103103103103103103103—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed July 31, 2026.

FTAI Aviation Ltd. Common Stock cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Jul 31, 2026Q1 FY2026ended Mar 31, 2026filed May 1, 2026Q4 FY2025ended Dec 31, 2025filed Feb 27, 2026Q3 FY2025ended Sep 30, 2025filed Oct 29, 2025Q2 FY2025ended Jun 30, 2025filed Jul 31, 2025Q1 FY2025ended Mar 31, 2025filed May 5, 2025Q4 FY2024ended Dec 31, 2024filed Mar 3, 2025Q3 FY2024ended Sep 30, 2024filed Nov 12, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow(105)(160)(179)5(110)(26)(42)41+4.6%
Capital expenditures1771067460+150.8%
Free cash flow (CFO − capex)(123)(167)(189)(2)(117)(30)(48)41−4.6%
Depreciation and amortization4752565555605557−14.9%
Share repurchases—————————
Dividends paid4641363131313131+50.0%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 27, 2026.

Income statement

FTAI Aviation Ltd. Common Stock income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 27, 2026FY2024ended Dec 31, 2024filed Mar 3, 2025FY2023ended Dec 31, 2023filed Feb 26, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 26, 2021FY2019ended Dec 31, 2019filed Feb 28, 2020FY2018ended Dec 31, 2018filed Feb 28, 2019FY2017ended Dec 31, 2017filed Mar 1, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Mar 10, 2016FY2014ended Dec 31, 2014filed Jun 25, 2015FY2013ended Dec 31, 2013filed Jun 25, 2015
Revenue2,5071,7351,1717083362985793421851491375820
Cost of revenue1,350826502248140———————
Gross profit—————————————
Research and development—————————————
Selling, general and administrative9141414131417151512821
Operating income—————————————
Other income (expense)(135)(224)(156)(189)44(9)205718(8)(3)1419
Pretax income60714184(105)(40)(43)152(18)(21)(40)(28)425
Income tax1065(60)53(4)18220110
Net income—————(105)22360(20)(12)825
Diluted EPS ($)4.60(0.32)2.11————0.070.00(0.26)(0.18)0.15—
Diluted shares (millions)10410210099908686847676675454

Balance sheet

FTAI Aviation Ltd. Common Stock balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 27, 2026FY2024ended Dec 31, 2024filed Mar 3, 2025FY2023ended Dec 31, 2023filed Feb 26, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 26, 2021FY2019ended Dec 31, 2019filed Feb 28, 2020FY2018ended Dec 31, 2018filed Feb 28, 2019FY2017ended Dec 31, 2017filed Mar 1, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Mar 10, 2016FY2014ended Dec 31, 2014filed Jun 25, 2015FY2013ended Dec 31, 2013filed Jun 25, 2015
Cash and equivalents30011591341381222271005968382227
Short-term investments—————————————
Total current assets2,1131,226671——————————
Total assets4,3744,0382,9652,4304,8643,3883,2372,6391,9561,5471,6451,405—
Total current liabilities400347182——————————
Long-term debt3,4493,4402,5172,1762,5021,9051,4211,215703260266593—
Total liabilities4,0403,9572,7892,4103,7402,2891,8981,585921382354691—
Stockholders’ equity33481175——————————
Shares outstanding (millions)10310310010099868584837676——

Cash flow statement

FTAI Aviation Ltd. Common Stock cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 27, 2026FY2024ended Dec 31, 2024filed Mar 3, 2025FY2023ended Dec 31, 2023filed Feb 26, 2024FY2022ended Dec 31, 2022filed Feb 27, 2023FY2021ended Dec 31, 2021filed Feb 28, 2022FY2020ended Dec 31, 2020filed Feb 26, 2021FY2019ended Dec 31, 2019filed Feb 28, 2020FY2018ended Dec 31, 2018filed Feb 28, 2019FY2017ended Dec 31, 2017filed Mar 1, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Mar 10, 2016FY2014ended Dec 31, 2014filed Jun 25, 2015FY2013ended Dec 31, 2013filed Jun 25, 2015
Operating cash flow(311)(188)129(21)(22)63151134683124(32)12
Capital expenditures28961441572653312301165796490
Free cash flow (CFO − capex)(338)(197)123(165)(179)(202)(180)(96)(48)(26)(72)(81)12
Depreciation and amortization226218170153148141169134866045164
Share repurchases—————————————
Dividends paid128122120128118114114111100100360—

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$0
0 sales by 0 insiders; officers and directors $0
Bought, twelve months
$2M
5 purchases by 3 insiders; officers and directors $2M
Sold, twelve months
$65M
5 sales by 3 insiders; officers and directors $65M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Sep 15, 2026Tuchman MartinDirectoraward118$0.00—193,882Sep 17, 2026
Sep 15, 2026Robinson Ray MDirectoraward164$0.00—56,716Sep 17, 2026
Sep 15, 2026Goodwin Paul RDirectorawardindirect171$0.00—83,083Sep 17, 2026
Sep 15, 2026Gidumal Shyam HDirectoraward125$0.00—2,346Sep 17, 2026
Sep 1, 2026Yoon BoHeeSecretary, General Counseltax withholding398$190.10$76K4,063Sep 2, 2026
Aug 10, 2026Robinson Ray MDirectorgift3,673$0.00—56,552Aug 12, 2026
Jul 31, 2026Moreno DavidPresidentopen-market buy2,475$201.27$498K199,490Aug 3, 2026
Jul 1, 2026Kuperus StacyChief Operating Officertax withholding17,973$270.53$5M72,653Jul 2, 2026
Jul 1, 2026Moreno DavidPresidenttax withholding41,475$270.53$11M197,015Jul 2, 2026
Jun 15, 2026Tuchman MartinDirectoraward86$0.00—193,764Jun 15, 2026
Jun 15, 2026Robinson Ray MDirectoraward119$0.00—60,225Jun 15, 2026
Jun 15, 2026Goodwin Paul RDirectorawardindirect124$0.00—82,912Jun 15, 2026
May 28, 2026Tuchman MartinDirectoraward552$0.00—193,678May 29, 2026
May 28, 2026Robinson Ray MDirectoraward552$0.00—60,106May 29, 2026
May 28, 2026Levison A AndrewDirectoraward552$0.00—11,703May 29, 2026
May 28, 2026Hannaway Judith ADirectoraward552$0.00—3,564May 29, 2026
May 28, 2026Goodwin Paul RDirectorawardindirect552$0.00—82,788May 29, 2026
May 28, 2026Gidumal Shyam HDirectoraward552$0.00—2,221May 29, 2026
May 28, 2026Adams Joseph P. Jr.CEO and Chairman, Directortax withholding10,783$262.78$3M225,644May 29, 2026
May 27, 2026Hannaway Judith ADirectoropen-market sale255$253.89$65K3,012May 29, 2026
May 11, 2026Adams Joseph P. Jr.CEO and Chairman, Directoroption exercise12,448$25.44$317K244,179May 12, 2026
May 11, 2026Adams Joseph P. Jr.CEO and Chairman, Directortax withholding7,752$270.29$2M236,427May 12, 2026
May 4, 2026Tuchman MartinDirectoropen-market sale43,176$240.64$10M193,126May 5, 2026
May 4, 2026Tuchman MartinDirectoropen-market saleindirect67,500$241.99$16M210,491May 5, 2026
May 1, 2026Tuchman MartinDirectoropen-market sale143,584$242.44$35M236,302May 5, 2026

Full insider history for FTAI Aviation Ltd. Common Stock, or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
FTAI AVIATION LTD., CIK 1590364 on EDGAR
Extract generated
November 1, 2026
Withheld
11 line-years whose four quarters do not sum to the filed year: revenue FY2017, income tax FY2020, other income FY2020, revenue FY2020, depreciation amortization FY2021, income tax FY2021, opex sga FY2021, other income FY2021, pretax income FY2021, revenue FY2021, other income FY2023
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: pretax income FY2020
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax, Revenues, SalesRevenueNet
Cost of revenue: CostOfGoodsAndServicesSold
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: not filed
Other income (expense): NonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebt
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: not filed
Dividends paid: PaymentsOfDividends, PaymentsOfDividendsCommonStock

The data

The statements on this page as files, generated November 1, 2026.

JSON file
/data/financials/FTAI.json