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FTAI Aviation Ltd. FTAI MRE Contract revenue — Total revenues

Other product segments

Aerospace products revenue
$456.14M
Equipment Leasing
$39.89M
Maintenance revenue
$30.6M-38.3%
Asset sales revenue
$10.18M-46.2%
Servicing Fees
$5.86M

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$417M+13.3%

Other financials

Income statement

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Revenue$830.7M+65.5%
Gross profit$306.4M+20.9%
Net income$137.9M+34.7%
EPS (diluted)$1.29+48.3%

Balance sheet

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Cash & equivalents$412.2M+268%
Total debt$3.5B-5.3%
Total equity$431.7M+1,424%
Total assets$4.5B+6.1%

Cash flow

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Operating cash flow-$160.1M-516%
CapEx$6.6M+59.8%
Free cash flow-$166.7M-453%

Valuation

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Market cap$26.68B+92.6%
Enterprise value$29.72B+74.9%
P/E49.7×+19.4×
P/S9.4×+2.9×

Profitability

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Gross margin42.7%-8.5pp
Net margin18.9%+15.2pp
FCF margin-16.8%

Returns & leverage

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Return on equity233.3%+164pp
Debt / equity-121×
Current ratio5.2×+1.3×

Where this comes from

Reported directly by FTAI Aviation Ltd. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: FTAI Aviation Ltd.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTAI Aviation Ltd.'s MRE contract revenue — total revenues?
FTAI Aviation Ltd. (FTAI) reported MRE contract revenue — total revenues of $221.23M in Q1 2026.
How has FTAI Aviation Ltd.'s MRE contract revenue — total revenues changed year-over-year?
FTAI Aviation Ltd.'s MRE contract revenue — total revenues increased by 119.8% year-over-year, from $100.64M to $221.23M.
What does MRE contract revenue — total revenues mean?
This metric represents the total revenue generated specifically from Module Replacement and Engine (MRE) service contracts. These contracts typically involve long-term maintenance, repair, and overhaul agreements for aviation assets, providing a recurring stream of income based on engine usage or time-based service intervals. It serves as a key indicator of the company's ability to monetize its specialized engine maintenance capabilities and manage the lifecycle costs of its fleet.