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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›FIP›Financials
Annual statements · SEC XBRL · FY2020 – FY2025

FTAI Infrastructure Inc. (FIP) financials

Income statement

FTAI Infrastructure Inc. (FIP) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Revenue$68.6M$120M$262M$320M$331M$503M
Revenue growth—75.3%117.9%22.3%3.4%51.6%
Net income-$71.7M-$106M-$188M-$160M-$266M-$152M
Net margin-104.6%-88.5%-71.6%-49.8%-80.3%-30.3%
EPS (diluted)-$0.56-$0.80-$1.73-$1.79-$2.72-$2.26

Cash flow

FTAI Infrastructure Inc. (FIP) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$46.9M-$61.7M-$42.7M$5.51M-$15.3M-$118M
Capital expenditures$248M$141M$217M$99.0M$79.5M$281M
Free cash flow-$294M-$203M-$260M-$93.5M-$94.8M-$399M
Dividends paid$0.00$0.00$3.08M$12.4M$13.1M$13.8M

Balance sheet

FTAI Infrastructure Inc. (FIP) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$55.4M$49.9M$36.5M$29.4M$27.8M$57.4M
Total assets—$2.44B$2.48B$2.38B$2.37B$5.75B
Total liabilities—$980M$1.69B$1.64B$1.92B$4.80B
Long-term debt—$719M$1.23B$1.34B$1.54B$3.71B
Shareholders' equity$995M$1.46B$552M$484M$203M$21.3M
Retained earnings—$0.00-$60.8M-$182M-$406M-$513M
Shares (wtd avg diluted)99.4M99.4M103M103M108M115M

Every figure is extracted from FTAI Infrastructure Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is FTAI Infrastructure Inc.'s annual revenue?
FTAI Infrastructure Inc. (FIP) reported $503M of revenue for fiscal year 2025 — up 51.6% from $331M in FY2024, per its annual report filed with the SEC.
Is FTAI Infrastructure Inc. profitable?
Not in FY2025 — FIP reported a net loss of $152M, per SEC filings.
What is FTAI Infrastructure Inc.'s free cash flow?
-$399M in FY2025 (operating cash flow -$118M minus $281M of capital expenditures), from the SEC cash-flow statement.
Does FIP pay a dividend?
Yes — FTAI Infrastructure Inc. paid $13.8M in cash dividends during FY2025, per its SEC cash-flow statement.
Full FIP analysis — verdict, score & filings →Is FIP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.