FTAI Infrastructure (FIP)
Owns freight railroads, energy terminals, and power/gas assets across North American infrastructure markets.
$3.25
vs last close+0.18 (+5.70%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81 | 81 | 83 | 85 | 83 | 81 | 96 | 122 | 141 | 144 | 188 | 187 |
| Cost of revenue | 92 | 0 | 88 | 84 | 85 | 0 | 95 | 112 | 114 | 126 | 120 | 117 |
| Gross profit | −11 | 81 | −6 | 1 | −2 | 81 | 2 | 10 | 27 | 17 | 68 | 69 |
| 2 | 84 | 5 | 3 | 3 | 85 | 5 | 4 | 3 | 4 | 65 | 116 | |
| 2 | 3 | 5 | 3 | 3 | 4 | 5 | 4 | 3 | 4 | 4 | 7 | |
| General & administrative | 0 | 3 | 5 | 3 | 3 | 4 | 5 | 4 | 3 | 4 | 4 | 7 |
| Other expenses | 0 | 81 | 0 | 0 | 0 | 81 | 0 | 0 | 0 | 0 | 62 | 109 |
| Operating income | −14 | −3 | −10 | −2 | −5 | −4 | −4 | 6 | 24 | 13 | 3 | −47 |
| −36 | −37 | −38 | −46 | −38 | −119 | 82 | −75 | −123 | −79 | −127 | −104 | |
| Interest expense | 26 | 26 | 28 | 30 | 32 | 33 | 43 | 59 | 73 | 90 | 82 | 105 |
| Other non-operating income | 10 | 11 | 10 | 16 | 7 | 86 | −125 | 16 | 50 | −12 | 44 | 1 |
| Income before tax | −50 | −40 | −48 | −48 | −43 | −123 | 79 | −69 | −99 | −66 | −124 | −151 |
| Income tax expense | 0 | 0 | 2 | 0 | 0 | 1 | −42 | 1 | 5 | 32 | 4 | −12 |
| Net income from continuing operations | −50 | −40 | −50 | −48 | −43 | −125 | 120 | −70 | −105 | −98 | −127 | −139 |
| Net income | −40 | −32 | −40 | −37 | −33 | −114 | 132 | −59 | −93 | −87 | −113 | −128 |
| EPS, basic | −$0.55 | −$0.47 | −$0.54 | −$0.52 | −$0.46 | −$1.24 | $0.95 | −$0.69 | −$1.38 | −$1.08 | −$1.32 | −$1.41 |
| EPS, diluted | −$0.55 | −$0.47 | −$0.54 | −$0.52 | −$0.46 | −$1.24 | $0.89 | −$0.69 | −$1.38 | −$1.08 | −$1.32 | −$1.41 |
| Weighted average shares, basic | 103 | 103 | 104 | 105 | 110 | 108 | 114 | 115 | 116 | 116 | 117 | 118 |
| Weighted average shares, diluted | 103 | 103 | 104 | 105 | 110 | 108 | 123 | 115 | 116 | 116 | 117 | 118 |
| EBITDA | −4 | 7 | 0 | 2 | 8 | −71 | 147 | 24 | 9 | 63 | 9 | −8 |
| Depreciation & amortization | 20 | 20 | 21 | 20 | 19 | 19 | 25 | 34 | 35 | 39 | 51 | 40 |
| EBIT | −24 | −14 | −21 | −18 | −12 | −90 | 122 | −10 | −26 | 25 | −41 | −48 |
