Filing Flows › FTAI Aviation (FTAI) › Q2 2026
FTAI Aviation (FTAI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
FTAI Aviation (FTAI) reported revenue of $953M for the second quarter 2026 (Q2 2026), +41% from a year earlier and +15% from the quarter before. Operating margin was 20.4%, net earnings $118M (12.3% of revenue).
FTAI Aviation, Q2 2026: revenue $953M (+41% year over year), operating margin 20.4%, net earnings $118M, operating cash flow −$105M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $953M | +15% | +41% |
| Operating profit | $195M | +14% | -7% |
| Net earnings | $118M | -12% | -27% |
| Operating cash flow | −$105M | — | — |
What changed
Revenue was $953.1M in Q2 2026, up 41% year over year and up 15% from the previous quarter. Aerospace products revenue was the largest line at 73% of revenue. Aerospace products revenue added $271.5M year over year (up 65%), 98% of the total change. Asset sales revenue declined 65%.
Operating profit was $194.8M, a 20.4% margin (down 10.7 points year over year). Operating profit fell $15.7M even though revenue rose $276.8M versus Q2 2025, so costs grew faster than sales. Total costs grew 63% against revenue growth of 41%. The fastest-growing cost line was Cost of revenue (+72%). Net earnings were $117.6M, down 27% year over year. The effective tax rate was 17.0%.
Operating cash flow was −$105.2M. Non-cash charges added back $47.0M of depreciation and amortization and $7.3M of share-based compensation. Working capital and other items used $284.6M. Capital expenditures of $17.4M exceeded it, leaving free cash flow of −$122.6M.
Questions
What was FTAI Aviation's revenue in the second quarter 2026?
FTAI Aviation (FTAI) reported revenue of $953M for the second quarter 2026 (Q2 2026), +41% from a year earlier and +15% from the quarter before.
Was FTAI Aviation profitable in the second quarter 2026?
Operating profit was $195M (20.4% of revenue) and net earnings $118M.
Source: FTAI Aviation 10-Q on SEC EDGAR.