← FTAI Infrastructure Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $49.9m | $36.5m | $29.4m | $27.8m | $57.4m | |
| Restricted cash and cash equivalents | $252.0m | $113.2m | $58.1m | $119.5m | $268.6m | |
| Accounts receivable, net | $50.3m | $60.8m | $56.0m | $53.0m | $95.4m | |
| Other current assets | $60.8m | $67.4m | $42.0m | $19.6m | $62.7m | |
| Total current assets | $413.0m | $277.8m | $185.5m | $219.9m | $484.0m | |
| Property, plant, and equipment, net | $1.5b | $1.7b | $1.6b | $1.7b | $4.6b | |
| Intangible assets, net | $67.7m | $60.2m | $52.6m | $46.2m | $43.2m | |
| Goodwill | $257.1m | $260.3m | $275.4m | $275.4m | $365.7m | |
| Operating lease right-of-use assets, net | $71.5m | $71.0m | $69.7m | $67.9m | $133.5m | |
| Other assets | $24.9m | $26.8m | $57.3m | $61.6m | $81.7m | |
| Leasing equipment, net | $36.0m | $34.9m | $35.6m | $37.5m | $36.6m | |
| Investments | $54.4m | $73.6m | $72.7m | $12.5m | $22.2m | |
| Debt, net | $718.6m | $1.2b | $1.3b | $1.5b | $3.7b | |
| Operating lease liabilities | $67.5m | $63.1m | $62.4m | $60.9m | $71.0m | |
| Derivative Liability, Current | — | — | — | $0 | $34.4m | |
| Other current liabilities | $10.9m | $16.5m | $12.6m | $18.6m | $20.4m | |
| Derivative liabilities | — | — | — | $0 | $189.1m | |
| Warrant liabilities | — | — | — | $0 | $81.6m | |
| Other liabilities | $64.7m | $236.1m | $87.5m | $67.1m | $44.0m | |
| Stockholders' equity | $1.5b | $551.6m | $484.3m | $202.7m | $21.3m | |
| Non-controlling interests in equity of consolidated subsidiaries | ($91k) | ($26.8m) | ($71.4m) | ($127.5m) | ($167.6m) | |
| Total equity | $1.5b | $524.8m | $412.9m | $75.1m | ($146.2m) | |
| Total assets | $2.4b | $2.5b | $2.4b | $2.4b | $5.7b | |
| Accounts payable and accrued liabilities | $115.6m | $136.0m | $130.8m | $176.4m | $280.7m | |
| Total current liabilities | $129.5m | $159.6m | $150.6m | $250.8m | $410.0m | |
| Deferred income tax liabilities | — | — | — | $9.6m | $300.2m | |
| Total liabilities | $980.3m | $1.7b | $1.6b | $1.9b | $4.8b | |
| Commitments and contingencies | — | $0 | $0 | $0 | $0 | |
| Redeemable preferred stock Series A ($0.01 par value per share; 200,000,000 total preferred shares authorized; 300,000 Series A shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively; redemption amount of $— million and $431.8 million as of December 31, 2025 and December 31, 2024, respectively) | 0 | 264.6m | 325.2m | 381.2m | 1.1b | |
| Common stock ($0.01 par value per share; 2,000,000,000 shares authorized; 116,294,461 and 113,934,860 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively) | 0 | 994k | 1.0m | 1.1m | 1.2m | |
| Additional paid in capital | $0 | $911.6m | $844.0m | $764.4m | $623.8m | |
| Accumulated deficit | $0 | ($60.8m) | ($182.2m) | ($405.8m) | ($513.0m) | |
| Accumulated other comprehensive loss | ($155.5m) | ($300.1m) | ($178.5m) | ($157.1m) | ($90.6m) | |
| Total liabilities, redeemable preferred stock and equity | $2.4b | $2.5b | $2.4b | $2.4b | $5.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.