FTAI Aviation Ltd. · FTAIM · FY2025 Q4 · Calendar Q1 2026
FTAI raises 2026 EBITDA outlook as it expands aerospace and turbine plans
Management’s raised 2026 EBITDA outlook and expansion plans support a growth case, but the next-year evidence depends on execution: module supply, customer order timing, working capital and a successful Power production ramp.
Earnings scorecard
Reported versus consensusMarket reaction
event-close to next-session closeAsk FN2 about FTAIM FY2025 Q4
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Management highlighted the launch of FTAI Power, plans to convert CFM56 engines into 25 MW turbines, and an increased 2026 module production target. It also raised 2026 EBITDA guidance by $100 million. Separately, reported Q4 EPS and revenue were below consensus estimates.
Guidance delta
Management raised 2026 EBITDA guidance by $100 million and increased the dividend to $0.40 per share. The call analysis also records a 2026 target of 1,050 modules and a plan to scale Power production to 100 units by 2027.
Key takeaways
- Adjusted EBITDA grew 38% year over year to $1.2 billion, according to the call analysis.
- Aerospace module production reached 757 units in 2025; management’s 2026 target is 1,050.
- FTAI said SCI I closed 130 aircraft, representing $5.3 billion of its $6 billion target, while fundraising for SCI II was underway.
- The reported $1.08 EPS and $662.0 million revenue were below estimates of $1.24 and $693.1 million, respectively.
Management priorities
- Increase CFM56 module production and expand global MRE facilities.
- Develop SCI II and deploy its capital base.
- Scale FTAI Power turbine production and build its service network.
- Integrate ATOPS Portugal into logistics and use digital tools to improve shop and supply-chain processes.
Follow FTAIM with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Citigroup | Buy | Buy | Maintain | Oct 9, 2023 |
| Compass Point | Buy | Buy | Maintain | Sep 13, 2023 |
| Raymond James | Outperform | Outperform | Maintain | Jul 27, 2023 |
| JMP Securities | Outperform | Outperform | Maintain | Jul 27, 2023 |
| Benchmark | Buy | Buy | Maintain | Jul 26, 2023 |
| Stifel | Buy | Buy | Maintain | Apr 27, 2023 |
| Deutsche Bank | Buy | Buy | Maintain | Apr 26, 2023 |
| Barclays | Overweight | Overweight | Maintain | Apr 11, 2023 |
Track every rating change on FTAIM the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationFTAI Aviation Ltd. operates globally, concentrating on acquiring and owning essential infrastructure and equipment that facilitate the transportation of goods and people worldwide. Its business model is structured around two core divisions: Aviation Leasing and Aerospace Products. The Aviation Leasing segment manages a portfolio of aviation assets, including commercial aircraft and their engines, which it then leases or sells to customers. As of December 31, 2022, this division oversaw 330 aviation assets in total, consisting of 106 commercial airplanes and 224 engines. At that time, four aircraft and one engine were located in Ukraine, with an additional eight aircraft and seventeen engines situated in Russia. Meanwhile, the Aerospace Products segment is dedicated to the development, production, repair, and sale of aircraft engines and their associated aftermarket components. The company was founded in 2011 and maintains its headquarters in New York, New York.
Historical context
All FTAIM earningsIndustrials peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| GD General Dynamics Corporation | FY2026 Q3 · Calendar Q4 2026 | +9.0% | +0.5% | General Dynamics raises outlook as orders and backlog surge |
| RBC RBC Bearings Incorporated | FY2027 Q2 · Calendar Q4 2026 | +5.9% | -6.8% | RBC Bearings: Strong Q2, capacity investment supports second half |
| CNI Canadian National Railway Company | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -0.3% | CN posts strong Q3, maintains EPS outlook and expands Mexico strategy |
| NVT nVent Electric plc | FY2026 Q3 · Calendar Q4 2026 | +8.6% | -8.8% | nVent raises outlook as data-center demand and Maverick broaden growth |
| MTZ MasTec, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.3% | +0.8% | MasTec posts record Q3 as power and data-center demand accelerates |
| IR Ingersoll Rand Inc. | FY2026 Q3 · Calendar Q4 2026 | +18.5% | +0.2% | Ingersoll Rand raises FY2026 outlook as orders accelerate |
Latest beats and misses
Who reports nextBeat on EPS
- CHDFY2026 Q3 · October 30, 2026+2.2% EPS+1.2% move
- AZNFY2026 Q3 · October 30, 2026+7.3% EPS+7.0% move
- FRTFY2026 Q3 · October 30, 2026+3.9% EPS-1.1% move
- CVXFY2026 Q3 · October 30, 2026+8.4% EPS+1.8% move
- BTSGFY2026 Q3 · October 30, 2026+14.2% EPS+11.1% move
- EXCFY2026 Q3 · October 30, 2026+10.4% EPS+0.5% move
Missed on EPS
- GLPIFY2026 Q3 · October 29, 2026-11.5% EPS-1.3% move
- LYBFY2026 Q3 · October 30, 2026-1.2% EPS+5.0% move
- CCJFY2026 Q3 · October 30, 2026-101.4% EPS-7.9% move
- VALEFY2026 Q3 · October 29, 2026-24.6% EPS+1.9% move
- DLR-PLFY2026 Q3 · October 29, 2026-8.4% EPS— move
- DLR-PKFY2026 Q3 · October 29, 2026-8.4% EPS— move
Get the FTAIM recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-11-02T13:40:43.218209+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-11-02. For educational purposes only; not investment advice.