Filing Flows › FTAI Infrastructure (FIP) › How it makes money
How FTAI Infrastructure (FIP) makes money
FTAI Infrastructure (FIP) made $219M of revenue in the third quarter 2026 (Q3 2026), +74% from a year earlier. Rail revenues brought in $94.8M (43%); Power Revenues brought in $60.3M (28%); Terminal services revenues brought in $34.6M (16%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Rail revenues | $94.8M | 43.3% | +7% | +121% |
| Power Revenues | $60.3M | 27.5% | +42% | +7% |
| Terminal services revenues | $34.6M | 15.8% | +16% | +46% |
| Roadside services revenues | $17.3M | 7.9% | +12% | — |
| Gas Revenues | $8.2M | 3.7% | +39% | +373% |
| Lease income | $2.7M | 1.3% | -1% | +127% |
| Other revenue | $1.0M | 0.5% | -31% | — |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $219M | 100.0% |
| Income tax | $2.2M | 1.0% |
| Operating cash flow | $22.0M | 10.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $219M | +56% |
| Q2 2026 | $187M | +53% |
| Q1 2026 | $188M | +96% |
| Q4 2025 | $144M | +78% |
| Q3 2025 | $141M | +69% |
| Q2 2025 | $122M | +44% |
| Q1 2025 | $96.2M | +16% |
From FTAI Infrastructure's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does FTAI Infrastructure make money?
FTAI Infrastructure (FIP) made $219M of revenue in the third quarter 2026 (Q3 2026), +74% from a year earlier. Rail revenues brought in $94.8M (43%); Power Revenues brought in $60.3M (28%); Terminal services revenues brought in $34.6M (16%).
What is FTAI Infrastructure's biggest business?
Rail revenues: $94.8M in the third quarter 2026, 43% of revenue, +121% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.