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FTAI Infrastructure Inc. FIP Power and Gas — Operating Expenses

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Other financials

Income statement

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Revenue$186.8M+52.7%
Net income-$139.4M-99.3%
EPS (diluted)-$1.41-93.2%

Balance sheet

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Cash & equivalents$32.6M-3.0%
Total debt$2.9B-9.0%
Total equity-$329.8M-188%
Total assets$5.7B+30.4%

Cash flow

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Operating cash flow-$69.4M+19.0%
CapEx$82.6M+0.9%
Free cash flow-$43.5M+50.0%

Valuation

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Market cap$504.56M-9.2%
Enterprise value$3.34B-9.1%
P/S0.8×-0.7×

Profitability

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Net margin-71.1%-295pp
FCF margin-48.3%-12.6pp

Returns & leverage

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Return on equity-135.8%+413pp
Debt / equity180.7×+173×
Current ratio0.3×-1.2×

Where this comes from

Reported directly by FTAI Infrastructure Inc. in its filing.

Tagged under the XBRL concept us-gaap:OtherCostAndExpenseOperating.

The source filing: FTAI Infrastructure Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001899883-26-000036
Line itemRailroadPorts and Terminals / Jefferson TerminalPorts and Terminals / RepaunoPower and GasSustainability and Energy TransitionCorporate and OtherTotal
Revenues
Total revenues$92,154$24,316$5,537$48,844$15,917$186,768
Expenses
Operating expenses51,33418,7406,37724,923215,957117,333
General and administrative3,6743,674
Acquisition and transaction expenses2,4912,2451151,1706,021
Management fees and incentive allocation to affiliate3,6773,677
Depreciation and amortization19,51211,9972,6555,10923839,511

Item 1. Unaudited Consolidated Financial Statements of FTAI Infrastructure Inc.:

FAQ

What is FTAI Infrastructure Inc.'s power and gas — operating expenses?
FTAI Infrastructure Inc. (FIP) reported power and gas — operating expenses of $24.92M in Q2 2026.
How has FTAI Infrastructure Inc.'s power and gas — operating expenses changed year-over-year?
FTAI Infrastructure Inc.'s power and gas — operating expenses increased by 55.5% year-over-year, from $16.03M to $24.92M.
What is the long-term trend for FTAI Infrastructure Inc.'s power and gas — operating expenses?
Over 3 years (2022 to 2025), FTAI Infrastructure Inc.'s power and gas — operating expenses has grown at a 357.9% compound annual growth rate (CAGR), from $1.28M to $123.26M.
What does power and gas — operating expenses mean?
The total costs incurred to maintain and operate the power and gas infrastructure, excluding non-operating items like interest or taxes. Monitoring these expenses is critical for assessing the operational efficiency and cost-management discipline of the segment.

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