Filing Flows › FTAI Aviation (FTAI) › Q3 2026 › vs Q3 2025
FTAI Aviation (FTAI) Q3 2026 vs Q3 2025 (year over year)
FTAI Aviation's revenue rose $311M (+47%) from $667M in Q3 2025 to $978M in Q3 2026. The biggest changes: Aerospace products revenue +$321M (+70%); MRE Contract revenue +$70.7M (+121%); Asset sales revenue −$32.6M (-85%). Operating margin 22.4% against 30.1% (-7.7 pts).
FTAI Aviation, Q3 2026: revenue $978M (+47% year over year), operating margin 22.4%, net earnings $149M, operating cash flow −$67.7M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 22.4% | 30.1% | -7.7 pts |
| Net margin | 15.2% | 17.1% | -1.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Aerospace products revenue | $781M | $459M | $321M | +70% |
| MRE Contract revenue | $129M | $58.7M | $70.7M | +121% |
| Maintenance revenue | $27.3M | $52.4M | −$25.1M | -48% |
| Lease income | $25.3M | $55.1M | −$29.8M | -54% |
| Other revenue | $9.2M | $3.3M | $5.9M | +179% |
| Asset sales revenue | $5.9M | $38.5M | −$32.6M | -85% |
| Revenue | $978M | $667M | $311M | +47% |
| Operating profit | $219M | $201M | $18.0M | +9% |
| Costs & expenses | $759M | $466M | $293M | +63% |
| Pre-tax earnings | $173M | $144M | $28.8M | +20% |
| Other expense, net | $46.0M | $56.8M | −$10.8M | -19% |
| Cost of revenue | $624M | $363M | $261M | +72% |
| General & admin | $2.3M | $1.8M | $476K | +26% |
| Other operating costs | $111M | $101M | $9.2M | +9% |
| Net earnings | $149M | $114M | $35.1M | +31% |
| Minority interests | $1.5M | $3.7M | −$2.2M | -58% |
| Income tax | $22.2M | $26.3M | −$4.1M | -16% |
| Operating cash sources | $268M | $170M | $97.5M | +57% |
| Depreciation & amortization | $43.3M | $55.3M | −$12.0M | -22% |
| Share-based compensation | $7.8M | $5.7M | $2.1M | +37% |
| Cash used in operations | $67.7M | −$4.6M | $72.3M | — |
| Working capital & other | $268M | $170M | $97.5M | +57% |
Questions
How much did FTAI Aviation's revenue grow year over year in Q3 2026?
FTAI Aviation's revenue rose $311M (+47%) from $667M in Q3 2025 to $978M in Q3 2026.
What drove FTAI Aviation's revenue change in Q3 2026?
Aerospace products revenue +$321M (+70%); MRE Contract revenue +$70.7M (+121%); Asset sales revenue −$32.6M (-85%).