Filing Flows › FTAI Aviation (FTAI) › Q3 2026
FTAI Aviation (FTAI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
FTAI Aviation (FTAI) reported revenue of $978M for the third quarter 2026 (Q3 2026), +47% from a year earlier and +3% from the quarter before. Operating margin was 22.4%, net earnings $149M (15.2% of revenue).
FTAI Aviation, Q3 2026: revenue $978M (+47% year over year), operating margin 22.4%, net earnings $149M, operating cash flow −$67.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $978M | +3% | +47% |
| Operating profit | $219M | +12% | +9% |
| Net earnings | $149M | +27% | +31% |
| Operating cash flow | −$67.7M | — | -1566% |
What changed
Revenue was $977.7M in Q3 2026, up 47% year over year and up 3% from the previous quarter. Aerospace products revenue was the largest line at 80% of revenue. Aerospace products revenue added $321.4M year over year (up 70%), 103% of the total change. Asset sales revenue declined 85%.
Operating profit was $218.9M, a 22.4% margin (down 7.7 points year over year). Of the extra revenue versus Q3 2025, 6% reached operating profit, below the 30% margin then. Total costs grew 63% against revenue growth of 47%. The fastest-growing cost line was Cost of revenue (+72%). Net earnings were $149.1M, up 31% year over year. The effective tax rate was 12.9%.
Operating cash flow was −$67.7M. Non-cash charges added back $43.3M of depreciation and amortization and $7.8M of share-based compensation. Working capital and other items used $269.4M. Capital expenditures of $42.4M exceeded it, leaving free cash flow of −$110.1M.
Questions
What was FTAI Aviation's revenue in the third quarter 2026?
FTAI Aviation (FTAI) reported revenue of $978M for the third quarter 2026 (Q3 2026), +47% from a year earlier and +3% from the quarter before.
Was FTAI Aviation profitable in the third quarter 2026?
Operating profit was $219M (22.4% of revenue) and net earnings $149M.
Source: FTAI Aviation 10-Q on SEC EDGAR.