Filing Flows › FTAI Aviation (FTAI) › Q2 2025
FTAI Aviation (FTAI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 31, 2025
FTAI Aviation (FTAI) reported revenue of $676M for the second quarter 2025 (Q2 2025), +52% from a year earlier and +35% from the quarter before. Operating margin was 31.1%, net earnings $162M (23.9% of revenue).
FTAI Aviation, Q2 2025: revenue $676M (+52% year over year), operating margin 31.1%, net earnings $162M, operating cash flow −$110M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $676M | +35% | +52% |
| Operating profit | $210M | +39% | — |
| Net earnings | $162M | +80% | — |
| Operating cash flow | −$110M | — | — |
What changed
Revenue was $676.2M in Q2 2025, up 52% year over year and up 35% from the previous quarter. Aerospace products revenue was the largest line at 62% of revenue. Aerospace products revenue added $175.5M year over year (up 72%), 75% of the total change. Other revenue declined 38%.
Operating profit was $210.5M, a 31.1% margin (up 67.8 points year over year). Total costs fell 23% while revenue rose 52%. The fastest-growing cost line was Cost of revenue (+79%). Net earnings were $161.7M. The effective tax rate was 18.6%.
Operating cash flow was −$110.3M. Non-cash charges added back $55.2M of depreciation and amortization and $5.5M of share-based compensation. Working capital and other items used $336.5M. Capital expenditures of $6.9M exceeded it, leaving free cash flow of −$117.2M.
Questions
What was FTAI Aviation's revenue in the second quarter 2025?
FTAI Aviation (FTAI) reported revenue of $676M for the second quarter 2025 (Q2 2025), +52% from a year earlier and +35% from the quarter before.
Was FTAI Aviation profitable in the second quarter 2025?
Operating profit was $210M (31.1% of revenue) and net earnings $162M.
Source: FTAI Aviation 10-Q on SEC EDGAR.