FTAI Infrastructure Inc (FIP)

Name: FTAI Infrastructure Inc Financial Statements
Creator: Quarter Results

Industrials | Conglomerates

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$96.2M

Net Income

$132M

Operating Margin

-3.7%

Free Cash Flow

-$399M

Debt / Assets

83.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for FTAI Infrastructure Inc (FIP).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	96,161,000	80,764,000	83,311,000	84,887,000
Cost of Revenue	0	81,076,000	2,526,000	84,164,000
Gross Profit	96,161,000	-75,946,000	80,785,000	723,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	5,113,000	4,108,000	2,989,000	2,840,000
Operating Expenses	99,712,000	85,184,000	88,054,000	2,840,000
Operating Income	-3,551,000	-4,420,000	-4,743,000	-2,117,000
Interest Expense	43,112,000	33,312,000	31,513,000	29,690,000
Income Before Tax	78,650,000	-123,338,000	-43,048,000	-47,873,000
Income Tax Expense	-41,514,000	1,333,000	-92,000	267,000
Net Income	131,565,000	-114,305,000	-32,993,000	-36,740,000
Per Share
EPS	0.95	-0.83	-0.46	-0.52
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for FTAI Infrastructure Inc (FIP).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	502,520,000	331,497,000	320,472,000	261,966,000	120,219,000
Cost of Revenue	446,790,000	0	347,131,000	16,844,000	0
Gross Profit	55,729,999	331,497,000	-26,659,000	245,122,000	0
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	16,222,000	14,798,000	12,833,000	23,855,000	24,375,000
Operating Expenses	16,222,000	353,200,000	12,833,000	302,761,000	176,932,000
Operating Income	39,508,000	-21,703,000	-39,492,000	-111,363,000	-56,713,000
Interest Expense	265,914,000	122,108,000	99,603,000	53,239,000	16,019,000
Income Before Tax	-155,372,000	-262,751,000	-157,280,000	-183,049,000	-109,971,000
Income Tax Expense	-3,318,000	3,313,000	2,470,000	4,468,000	-3,630,000
Net Income	-107,174,000	-223,645,000	-121,336,000	-187,517,000	-79,869,000
Per Share
EPS	-2.26	-2.07	-1.78	-1.89	-0.81
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for FTAI Infrastructure Inc (FIP).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	325,946,000	27,785,000	87,479,000	36,486,000
Short Term Investments	0	0	0	22,800,000
Net Receivables	95,388,000	53,378,000	77,390,000	60,807,000
Inventory	0	311,000	300,000	113,156,000
Total Current Assets	484,011,000	219,851,000	185,503,000	277,804,000
Property Plant Equipment	4,715,264,000	1,758,858,000	1,736,164,000	1,779,730,000
Goodwill and Intangibles	408,876,000	321,596,000	327,988,000	320,447,000
Total Assets	5,748,661,000	2,374,388,000	2,379,609,000	2,478,399,000
Liabilities
Account Payables	280,707,000	176,425,000	130,795,999	136,048,000
Short Term Debt	1,620,114,000	55,766,000	7,218,000	7,045,000
Total Current Liabilities	1,955,565,000	250,794,000	150,637,000	159,581,000
Long Term Debt	2,305,167,000	1,600,134,000	1,340,910,000	1,293,304,000
Total Liabilities	4,804,678,000	1,918,032,000	1,641,518,000	1,689,015,000
Shareholders Equity
Retained Earnings	-512,992,000	-405,818,000	-182,173,000	-60,837,000
Total Shareholders Equity	1,111,544,000	583,869,000	809,521,000	816,213,000

Balance sheet annual history for FTAI Infrastructure Inc (FIP).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	325,946,000	27,785,000	87,479,000	36,486,000	49,872,000
Short Term Investments	0	0	0	22,800,000	0
Net Receivables	95,388,000	53,378,000	77,390,000	60,807,000	50,301,000
Inventory	0	311,000	300,000	113,156,000	0
Total Current Assets	484,011,000	219,851,000	185,503,000	277,804,000	412,984,000
Property Plant Equipment	4,715,264,000	1,758,858,000	1,736,164,000	1,779,730,000	1,625,153,000
Goodwill and Intangibles	408,876,000	321,596,000	327,988,000	320,447,000	324,874,000
Total Assets	5,748,661,000	2,374,388,000	2,379,609,000	2,478,399,000	2,442,301,000
Liabilities
Account Payables	280,707,000	176,425,000	130,795,999	136,048,000	115,634,000
Short Term Debt	1,620,114,000	55,766,000	7,218,000	7,045,000	2,899,000
Total Current Liabilities	1,955,565,000	250,794,000	150,637,000	159,581,000	129,467,000
Long Term Debt	2,305,167,000	1,600,134,000	1,340,910,000	1,293,304,000	786,129,000
Total Liabilities	4,804,678,000	1,918,032,000	1,641,518,000	1,689,015,000	980,255,000
Shareholders Equity
Retained Earnings	-512,992,000	-405,818,000	-182,173,000	-60,837,000	0
Total Shareholders Equity	1,111,544,000	583,869,000	809,521,000	816,213,000	1,462,137,000

Cash flow quarterly history for FTAI Infrastructure Inc (FIP).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-260,406,000	-266,064,000	-121,336,000	-187,517,000
Depreciation & Amortization	132,489,000	79,410,000	80,992,000	70,749,000
Stock Based Compensation	11,076,000	8,636,000	9,199,000	4,146,000
Change in Working Capital	-41,879,000	14,126,000	37,701,000	-8,798,000
Operating Cash Flow	-118,011,000	-15,278,000	5,513,000	-42,690,000
Investing Activities
Capital Expenditure	-281,250,000	-82,824,000	-100,746,000	-217,141,000
Investments	-281,250,000	0	-100,746,000	-217,141,000
Investing Cash Flow	-1,142,666,000	-118,137,000	-147,123,000	-267,266,000
Financing Activities
Debt Repayment	951,659,000	250,832,000	-97,385,000	-505,420,000
Common Stock Issued/Repurchased	534,376,000	0	0	-505,420,000
Dividends Paid	-13,831,000	-27,788,000	-14,130,000	-4,918,000
Financing Cash Flow	1,439,327,000	193,232,000	79,447,000	157,743,000
Summary
Free Cash Flow	-399,261,000	-98,102,000	-95,233,000	-259,831,000
Net Change in Cash	178,650,000	59,817,000	-62,163,000	-152,213,000

Cash flow annual history for FTAI Infrastructure Inc (FIP).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-260,406,000	-266,064,000	-121,336,000	-187,517,000	-106,341,000
Depreciation & Amortization	132,489,000	79,410,000	80,992,000	70,749,000	54,016,000
Stock Based Compensation	11,076,000	8,636,000	9,199,000	4,146,000	4,038,000
Change in Working Capital	-41,879,000	14,126,000	37,701,000	-8,798,000	-23,498,000
Operating Cash Flow	-118,011,000	-15,278,000	5,513,000	-42,690,000	-61,716,000
Investing Activities
Capital Expenditure	-281,250,000	-82,824,000	-100,746,000	-217,141,000	-140,897,000
Investments	-281,250,000	0	-100,746,000	-217,141,000	-140,897,000
Investing Cash Flow	-1,142,666,000	-118,137,000	-147,123,000	-267,266,000	-828,716,000
Financing Activities
Debt Repayment	951,659,000	250,832,000	-97,385,000	-505,420,000	0
Common Stock Issued/Repurchased	534,376,000	0	0	-505,420,000	0
Dividends Paid	-13,831,000	-27,788,000	-14,130,000	-4,918,000	0
Financing Cash Flow	1,439,327,000	193,232,000	79,447,000	157,743,000	1,136,866,000
Summary
Free Cash Flow	-399,261,000	-98,102,000	-95,233,000	-259,831,000	-202,613,000
Net Change in Cash	178,650,000	59,817,000	-62,163,000	-152,213,000	246,434,000