Stocks Industrials FIP
NASDAQ · IndustrialsFTAI Infrastructure Inc. (FIP)
FTAI Infrastructure Inc. brought in $737.6M of revenue over the twelve months to September 30, 2026, up 67.7% from a year earlier. It posted a net loss of $540.9M. In fiscal 2025 capital spending exceeded operating cash flow by $398.5M. At September 30, 2026 it held $52.4M in cash against $2.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about FTAI Infrastructure Inc.
- Net worth
- FTAI Infrastructure Inc. has a market value (market cap) of $453.8M at the latest share price, and shareholders' equity of -$544.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $502.5M (+51.6% year on year), with a net loss of $207.4M. Over the 12 months to September 30, 2026: revenue $737.6M, net loss $540.9M.
- Cash flow
- In fiscal 2025 operations used $118M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- FTAI Infrastructure Inc.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What FTAI Infrastructure Inc. does
FTAI Infrastructure Inc. is registered with the SEC under industry code SIC 4011 (Railroads, Line-Haul Operating). Its shares trade on NASDAQ under the ticker FIP.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $502.5M | -$207.4M | -$2.26 | -$398.5M |
| 2024 | $331.5M | -$294.5M | -$2.72 | -$94.8M |
| 2023 | $320.5M | -$183.7M | -$1.79 | -$93.5M |
| 2022 | $262M | -$177.2M | -$1.73 | -$259.8M |
| 2022 | $120.2M | -$79.9M | -$0.80 | -$202.6M |
| 2020 | $68.6M | -$55.2M | -$0.56 | -$294.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FIP ranks in Industrials
Dividends
It paid out $13.8M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $13.8M | n/a |
| 2024 | n/a | $13.1M | n/a |
| 2023 | n/a | $12.4M | n/a |
| 2022 | n/a | $3.1M | n/a |
| 2022 | n/a | $0 | n/a |
| 2020 | n/a | $0 | n/a |
Latest SEC filings
What FTAI Infrastructure Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 56% to $219M versus the same quarter last year; diluted EPS -$1.27 versus -$1.38.
- November 5, 2026
- October 23, 2026
- September 28, 2026Material agreement8-KFTAI Infrastructure agreed to acquire crude oil logistics assets from USD Group for an enterprise value of $255 million.
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 10, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 53% to $186.8M versus the same quarter last year; diluted EPS -$1.41 versus -$0.73.
- August 5, 2026
- July 2, 2026Activist stake changed SCHEDULE 13D/A
- July 2, 2026
- May 29, 2026
Insider trades
What the people running FTAI Infrastructure Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 29, 2026 | Hannaway Judith ADirector | Received as pay | 2,020 | - |
| June 29, 2026 | Hamilton James L.Director | Received as pay | 1,010 | - |
| June 29, 2026 | Robinson Ray MDirector | Received as pay | 15,152 | - |
| May 28, 2026 | Fletcher Carl Russell IVCFO and CAO | Bought | 10,000 | $45.8K |
| January 9, 2026 | Hamilton James L.Director | Received as pay | 984 | - |
Who owns FIP
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| GCM Investments GP, LLC13D, may seek influence with 7 related filers | 15.84% | July 2, 2026 |
| Wellington Management Group LLP13G, passive with 3 related filers | 11.4% | August 13, 2026 |
| Steven D. Lebowitz13G, passive with 11 related filers | 5.75% | February 12, 2026 |
| Frontier Capital Management Co.,llc13G, passive | 5.65% | February 17, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 176 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Wellington Management Group Llp | 13,490,351 | +1,259,468 |
| Washington State Investment Board | 11,785,779 | 0 |
| BlackRock, Inc. | 8,950,618 | +708,946 |
| Frontier Capital Management Co LLC | 8,257,704 | +702,012 |
| First Eagle Investment Management, LLC | 5,495,124 | +2,969,562 |
| Caspian Capital LP | 5,211,307 | 0 |
| Vanguard Capital Management LLC | 4,847,955 | +162,654 |
| Alliancebernstein L.P. | 4,253,292 | -944,709 |
| Long Focus Capital Management, LLC | 3,517,209 | -556,096 |
| Royce & Associates LP | 3,307,338 | +410,160 |
| State Street Corp | 3,001,777 | +307,478 |
| Geode Capital Management, LLC | 2,946,803 | +174,165 |
| Garnet Equity Capital Holdings, Inc. | 2,164,177 | +205,458 |
| Shay Capital LLC | 2,134,051 | -165,949 |
| Pingora Partners LLC | 2,094,053 | +41,400 |
| CenterBook Partners LP | 1,962,977 | +615,865 |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 1,851,613 | +293,664 |
| Goldman Sachs Group Inc | 1,349,528 | +153,056 |
| Ares Management LLC | 1,197,554 | 0 |
| Bard Associates Inc | 1,196,467 | -8,126 |
Insiders
4 insiders reported holding 175,448 shares in total, about $673.7K at the last price.
| Holder | Shares |
|---|---|
| Robinson Ray MDirector | 111,991 |
| Fletcher Carl Russell IVCFO and CAO | 40,000 |
| Hannaway Judith ADirector | 14,047 |
| Hamilton James L.Director | 9,410 |
Questions about FIP
What does FTAI Infrastructure Inc. do?
FTAI Infrastructure Inc. is a company in the Industrials sector, listed on NASDAQ as FIP. Its shares trade on NASDAQ under the ticker FIP.
What is FTAI Infrastructure Inc.'s net worth?
FTAI Infrastructure Inc. has a market value (market cap) of $453.8M at the latest share price, and shareholders' equity of -$544.4M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is FTAI Infrastructure Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $540.9M on revenue of $737.6M.
How much revenue does FTAI Infrastructure Inc. make?
Over the twelve months to September 30, 2026 FTAI Infrastructure Inc. reported revenue of $737.6M. That is 67.7% more than a year earlier.
When did FTAI Infrastructure Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is FTAI Infrastructure Inc.'s next earnings report?
FTAI Infrastructure Inc.'s next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values FTAI Infrastructure Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.