← FTAI Aviation Ltd.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $68.1m | $59.4m | $99.6m | $226.5m | $121.7m | $188.1m | $33.6m | $90.8m | $115.1m | $300.5m | |
| Cash and cash equivalents | $68.1m | $59.4m | $99.6m | $226.5m | $121.7m | $188.1m | $33.6m | $90.8m | $115.1m | $300.5m | |
| Accounts receivable, net | $21.4m | $31.1m | $53.8m | $49.5m | $91.7m | $175.2m | $99.4m | $115.2m | $150.8m | $209.9m | |
| Other current assets | — | — | — | — | — | — | — | $148.9m | $408.9m | $408.4m | |
| Inventory, Net | — | — | — | — | — | $100.3m | $163.7m | $316.6m | $551.2m | $1.2b | |
| Assets, Current | — | — | — | — | — | — | — | — | $1.2b | $2.1b | |
| Total current assets | — | — | — | — | — | — | — | $671.4m | $1.2b | $2.1b | |
| Property, Plant and Equipment, Net | $352.2m | $489.9m | $708.9m | $732.1m | $964.4m | $1.6b | $10.0m | $45.2m | $107.5m | $1.7b | |
| Goodwill | $116.6m | $116.6m | $116.6m | $122.6m | $122.7m | $257.1m | $0 | $4.6m | $61.1m | $94.2m | |
| Intangible Assets, Net (Excluding Goodwill) | $39.0m | $40.0m | $38.5m | $27.7m | $18.8m | $98.7m | $42.0m | $50.6m | $42.2m | — | |
| Intangible assets, net | $39.0m | $40.0m | $38.5m | $27.7m | $18.8m | $98.7m | $42.0m | $50.6m | $42.2m | $19.9m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $37.5m | $62.4m | $75.3m | $3.0m | $3.4m | — | — | |
| Other Assets, Noncurrent | — | — | — | — | — | — | — | — | $208.4m | $167.1m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $21.4m | $31.1m | $53.8m | $49.5m | $91.7m | $175.2m | $99.4m | $115.2m | $150.8m | $209.9m | |
| Accrued Liabilities, Current | — | — | — | — | — | — | — | $71.3m | $96.9m | $90.0m | |
| Leasing equipment, net | $765.5m | $1.1b | $1.4b | $1.7b | $1.6b | $1.9b | $1.9b | $2.0b | $2.4b | $1.5b | |
| Investments | $40.0m | $42.5m | $40.6m | $180.6m | $146.5m | $77.3m | $22.0m | $22.7m | $19.0m | $314.2m | |
| Other non-current assets | $69.6m | $59.4m | $108.8m | $129.1m | $177.9m | $285.0m | $125.8m | $286.5m | $208.4m | $167.1m | |
| Current maintenance deposits | — | — | — | — | — | — | — | $39.5m | $62.6m | $25.4m | |
| Current security deposits | — | — | — | — | — | — | — | $17.7m | $18.1m | $14.0m | |
| Other current liabilities | — | — | — | — | — | — | — | $11.7m | $100.6m | $62.2m | |
| Non-current maintenance deposits | — | — | — | — | — | — | — | $25.9m | $44.2m | $46.2m | |
| Non-current security deposits | — | — | — | — | — | — | — | $23.3m | $26.8m | $15.2m | |
| Other non-current liabilities | — | — | — | — | — | — | — | $40.4m | $97.9m | $129.4m | |
| Ordinary shares ($0.01 par value per share; 2,000,000,000 shares authorized; 102,573,283 and 102,550,975 shares issued and outstanding as of December 31, 2025 and 2024, respectively) | — | — | — | 0 | 0 | — | — | — | — | — | |
| Shareholders' equity | $1.1b | $947.1m | $997.4m | $1.3b | $1.1b | $1.1b | $18.9m | $175.3m | $81.4m | $334.2m | |
| Assets | $1.5b | $2.0b | $2.6b | $3.2b | $3.4b | $4.9b | $2.4b | $3.0b | $4.0b | $4.4b | |
| Total assets | $1.5b | $2.0b | $2.6b | $3.2b | $3.4b | $4.9b | $2.4b | $3.0b | $4.0b | $4.4b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Accounts Payable, Current | — | — | — | — | — | — | — | $41.6m | $69.1m | $208.2m | |
| Long-term Debt, Current Maturities | $8.1m | $1.4b | $71.7m | $182.0m | $25.0m | $100.5m | $0 | $0 | $0 | $0 | |
| Liabilities, Current | — | — | — | — | — | — | — | — | $347.2m | $399.9m | |
| Total current liabilities | — | — | — | — | — | — | — | $181.8m | $347.2m | $399.9m | |
| Other Liabilities, Noncurrent | — | — | — | — | — | — | — | — | $97.9m | $129.4m | |
| Long-term Debt | $259.5m | $703.3m | $1.2b | $1.4b | $1.9b | $3.2b | $2.2b | $2.5b | $3.4b | $3.4b | |
| Long-term debt, net | $259.5m | $703.3m | $1.2b | $1.4b | $1.9b | $3.2b | $2.2b | $2.5b | $3.4b | $3.4b | |
| Deferred Tax Liabilities, Net | $369k | $551k | $1.5m | $19.8m | $6.2m | $1.5m | $3.3m | — | — | $21.5m | |
| Liabilities | $381.6m | $920.7m | $1.6b | $1.9b | $2.3b | $3.7b | $2.4b | $2.8b | $4.0b | $4.0b | |
| Total liabilities | $381.6m | $920.7m | $1.6b | $1.9b | $2.3b | $3.7b | $2.4b | $2.8b | $4.0b | $4.0b | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | — | — | — | $81k | $91k | $133k | $133k | $159k | $117k | $68k | |
| Common Stock, Value, Issued | $758k | $758k | $840k | $849k | $856k | $992k | $997k | $1.0m | $1.0m | $1.0m | |
| Additional Paid in Capital | $1.1b | $985.0m | $1.0b | $1.1b | $1.1b | $1.4b | $343.4m | $256.0m | $153.3m | $50.6m | |
| Retained Earnings (Accumulated Deficit) | ($38.8m) | ($38.7m) | ($32.8m) | $190.5m | ($28.2m) | ($132.4m) | ($325.6m) | ($81.8m) | ($73.1m) | $282.5m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $7.1m | $0 | $0 | $372k | ($26.2m) | ($156.4m) | $0 | — | — | — | |
| Stockholders' Equity Attributable to Parent | — | — | — | — | — | — | — | — | $81.4m | $334.2m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $0 | — | |
| Liabilities and Equity | $1.5b | $2.0b | $2.6b | $3.2b | $3.4b | $4.9b | $2.4b | $3.0b | $4.0b | $4.4b | |
| Total liabilities and equity | $1.5b | $2.0b | $2.6b | $3.2b | $3.4b | $4.9b | $2.4b | $3.0b | $4.0b | $4.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.