AI-extracted from the 10-Q filed 2026-07-31 — Q2 2026 (six months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenues grew 51% YoY to $1.78B, driven by $1.21B in aerospace products sales (+77% YoY) and $404M in MRE contract revenue (+138% YoY), but Aviation Leasing segment declined due to sales of seed assets to the 2025 Partnership.
Biggest Revenue Drivers
Aerospace Products$1,618.8M+89% YoY
CFM56-5B, CFM56-7B and V2500 engine and module sales increased $509.4M; MRE Contract revenue to 2025 Partnership increased $233.8M
Aviation Leasing$164.9M-49% YoY
Decrease in aircraft and engine lease income from sale of seed assets to 2025 Partnership; decrease in maintenance and asset sales revenue
Biggest Revenue Drivers
Total revenue: $1,783.8M+51% YoY
Aerospace Products$1,618.8M+89% YoY
CFM56-5B, CFM56-7B and V2500 engine and module sales increased $509.4M; MRE Contract revenue to 2025 Partnership increased $233.8M
Aviation Leasing$164.9M-49% YoY
Decrease in aircraft and engine lease income from sale of seed assets to 2025 Partnership; decrease in maintenance and asset sales revenue
Largest Expense Items
Cost of sales$1,160.1M+88% YoY
Increase from higher CFM56-5B, CFM56-7B and V2500 engine and module sales, and parts inventory sales
Operating expenses$132.6M+99% YoY
Increase in compensation and benefits due to headcount growth, technology development costs and general corporate expenses
Depreciation and amortization$99.3M-14% YoY
Decrease driven by sale of seed assets to 2025 Partnership
Margins: Gross margin pressure evident as cost of sales increased 88% while revenues increased 51%, reflecting the high-volume, lower-margin nature of aerospace products sales to the 2025 Partnership and decline in higher-margin leasing revenues.
Watch Items from the Filing
Two aerospace products customers represent 23% and 21% of six-month segment revenue; customer concentration risk in a single segment.
Aviation Leasing segment revenue declined 49% YoY to $164.9M due to strategic sale of seed assets to 2025 Partnership, reducing on-balance-sheet leasing portfolio.
Strategic Capital Initiative 2025 Partnership completed $2.0B fundraise; company acts as Servicer receiving market-based fees and 19% minority investment with profit elimination on internal sales.
Net cash used in operating activities was $(265.3)M for six months ended June 30, 2026, primarily due to inventory buildup of $453.1M for aerospace products manufacturing and sales.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About FTAI Aviation Ltd. (FTAI): stock profile, AI score and financials
FTAI Aviation Ltd. (FTAI) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores FTAI at 58.5/100 on a composite quality score built from its SEC filings, placing it at rank #1,009 of 2,925 stocks — the top half of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), FTAI Aviation Ltd. reports quarterly revenue of $953.1M, net income of $125.1M, an operating margin of 15.8%. Top institutional holders of FTAI by reported 13-F value include Capital International Investors, Capital World Investors, BlackRock, based on the most recent SEC filings. FTAI trades on the Nasdaq exchange and files with the SEC under CIK 1590364. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FTAI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FTAI Aviation Ltd. directly from SEC EDGAR.