FTAI Aviation Ltd. Total Operating Expenses increased by 36.7% to $660.32M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 88.1%, from $351.12M to $660.32M. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 43.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $128.31M | $57.88M | $118.49M | $285.92M | $129.34M | $209.07M | $177.00K | $259.97M | $217.77M | $206.41M | $147.09M | $233.76M | $606.19M | $316.52M | $340.61M | $351.12M | $465.75M | $466.19M | $483.06M | $660.32M |
| QoQ Change | — | -54.9% | +104.7% | +141.3% | -54.8% | +61.6% | -99.9% | >999% | -16.2% | -5.2% | -28.7% | +58.9% | +159.3% | -47.8% | +7.6% | +3.1% | +32.6% | +0.1% | +3.6% | +36.7% |
| YoY Change | — | — | — | — | +0.8% | +261.2% | -99.9% | -9.1% | +68.4% | -1.3% | >999% | -10.1% | +178.4% | +53.3% | +131.6% | +50.2% | -23.2% | +47.3% | +41.8% | +88.1% |
| Segment | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 |
|---|---|---|---|---|---|---|---|---|
| Aerospace Products | $38.58M | $67.48M | $139.13M | $119.56M | $154.77M | $204.84M | $230.09M | $239.16M |
| Aviation Leasing | $114.02M | $112.81M | $60.38M | $89.90M | $122.39M | $85.75M | $101.62M | $85.35M |
| Total | $217.77M | $206.41M | $147.09M | $233.76M | $606.19M | $316.52M | $340.61M | $351.12M |
Aerospace Products, Aviation Leasing were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Aerospace Products | $331.58M | $343.23M | $379.88M | $526.51M |
| Aviation Leasing | $113.88M | $98.71M | $63.59M | $74.20M |
| Total | $465.75M | $466.19M | $483.06M | $660.32M |