FTAI Aviation Ltd. (FTAI)
NASDAQ:FTAI
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.73Last Year’s EPS
1.57Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: accelerating aerospace revenue and EBITDA, a substantial production ramp, robust strategic capital vehicle activity, improving liquidity and leverage, and encouraging commercial progress for the Power platform (prototype milestones, JV with Jereh, and strong customer interest). Lowlights were mostly execution- and timing-related (startup costs for Power, outstanding PMA part approvals, production mix variability) and macro/geopolitical uncertainty that could cause near-term volatility. Overall, the positives — including reaffirmed 2026 guidance, dividend increase, and substantive growth indicators — significantly outweigh the contained lowlights.Company Guidance
Strong Consolidated EBITDA Growth
Adjusted EBITDA of $325.6M in Q1 2026, a 17% increase vs. $277.2M in Q4 2025. Segment contributions: Aerospace Products ~$222.6M, Aviation Leasing ~$153M, partially offset by Corporate & Other (−$50M).
Aerospace Products Revenue and EBITDA Acceleration
Aerospace Products revenue grew 104% year-over-year and 32% quarter-over-quarter. Segment adjusted EBITDA was ~$222.6M (30% margin), up 70% YoY and 14% sequentially from $195M in Q4 2025, driven by larger airline deals and increased full performance restoration shop visits.
Rapid Production Ramp
Produced 270 CFM56 modules in Q1 (a 96% increase vs. Q1 2025) toward a 2026 production target of 1,050 modules. Rome and Lisbon facilities are still ramping, with additional capacity expansion planned east of Rome.
Aviation Leasing and Strategic Capital Momentum
Aviation Leasing generated approximately $153M of EBITDA in Q1, including $45M insurance recoveries, $12M gains on sale, $25M SPV management/co-invest returns and $71M from balance sheet leasing. 165 aircraft closed into the 2025 SPV as of quarter-end; 2025 SPV expected to be fully invested by end of Q2 and to move to harvest/distributions.
Improved Balance Sheet and Liquidity
Public revolver upsized from $400M to $2.025B and extended to 2031. Warehouse debt facility for SPV upsized by $1B to $3.5B across 10 lenders. Annualized leverage ~2.3x, meaningfully down from ~5x in 2022 and below the previously stated 2.5–3x target range.
Strong Cash Generation and Growth Investments
Adjusted free cash flow of $158M in Q1; excluding strategic growth investments (CFM56 prepayment $75M, V2500 induction prepayments $81M, Power inventory $19M) adjusted free cash flow would be ~$333M.
Power Business Commercial Progress
FTAI Power MOD 1 commercial launch on track for Q4 2026. Prototype testing ahead of schedule with major mechanical milestones completed; final testing expected to wrap in Q3. Signed joint venture with Jereh Group for packaging and customer conversions, leveraging Jereh’s global manufacturing footprint.
Strong Power Customer Demand and Sales Visibility
Sales momentum accelerating: management expects to be mostly sold out of 2027 target production with meaningful portions of 2028 spoken for. Customers include hyperscalers, data center operators, gas distributors and financial sponsors, with multi-year/LTSA anchored commercial structures and preference for leasing options.
Operational Advantage: Fast Maintenance Exchange
Power offering enables turbine swaps in ~2 days (vs. extended overhaul downtime), lowering customer LCOE and supporting long-term service agreements that create recurring revenue analogous to aerospace maintenance economics.
Shareholder Returns and 2026 Guidance
Dividend increased from $0.40 to $0.45 per quarter (paid May 26). Reaffirmed 2026 total business segment EBITDA outlook of $1.625B (Aerospace Products $1.05B; Aviation Leasing $575M) and target ~ $915M adjusted free cash flow for 2026.
FTAI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FTAI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $213.11 | $249.67 | +17.16% |
Feb 25, 2026 | $301.52 | $309.52 | +2.65% |
Oct 27, 2025 | $184.38 | $178.71 | -3.08% |
Jul 29, 2025 | $113.46 | $143.59 | +26.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does FTAI Aviation Ltd. (FTAI) report earnings?
FTAI Aviation Ltd. (FTAI) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is FTAI Aviation Ltd. (FTAI) earnings time?
FTAI Aviation Ltd. (FTAI) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FTAI EPS forecast?
FTAI EPS forecast for the fiscal quarter 2026 (Q2) is 1.73.