FTAI Infrastructure (FIP) Operating Expenses (2021 - 2026)
FTAI Infrastructure posted quarterly Operating Expenses of $185.6 million for Q1 2026, up 79.75% year-on-year from $103.2 million in Q1 2025, and up 451.94% on a QoQ basis from -$52.7 million in Q4 2025.
FTAI Infrastructure (FIP) has 6 years of Operating Expenses data on file, last reported at $185.6 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 79.75% year-over-year to $185.6 million; the trailing twelve-month figure through Mar 2026 stood at $381.9 million (down 13.27% YoY), and the FY2025 full-year result was $299.6 million, down 30.49% from the prior year.
- Operating Expenses for Q1 2026 stood at $185.6 million, up from -$52.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $185.6 million in Q1 2026 and bottomed at -$52.7 million in Q4 2025.
- The 5-year median for Operating Expenses is $91.1 million (2023), against an average of $87.6 million.
- The widest annual swing landed in 2024, when Operating Expenses soared 754.12%; it then plunged 133.24% in 2025.
- A 5-year view of Operating Expenses shows it stood at $85.0 million in 2022, then slumped by 128.51% to -$24.2 million in 2023, then jumped by 754.12% to $158.6 million in 2024, then plunged by 133.24% to -$52.7 million in 2025, then jumped by 451.94% to $185.6 million in 2026.
- The last three Operating Expenses figures came in at $185.6 million (Q1 2026), -$52.7 million (Q4 2025), and $120.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 1.80 Bn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | 4.63 Bn |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 161.25 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 121.00 Mn |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 261.79 Mn |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 118.03 Mn |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 212.70 Mn |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 72.41 Mn |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | 132.01 Mn |
| 10 | FTAI Infrastructure | 535.02 Mn | 316.53 Mn | 67.97 Mn | 185.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 185.55 Mn |
| Dec 31, 2025 | -52.72 Mn |
| Sep 30, 2025 | 120.00 Mn |
| Jun 30, 2025 | 129.08 Mn |
| Mar 31, 2025 | 103.23 Mn |
| Dec 31, 2024 | 158.60 Mn |
| Sep 30, 2024 | 90.58 Mn |
| Jun 30, 2024 | 87.93 Mn |
| Mar 31, 2024 | 93.88 Mn |
| Dec 31, 2023 | -24.25 Mn |
| Sep 30, 2023 | 94.94 Mn |
| Jun 30, 2023 | 91.09 Mn |
| Mar 31, 2023 | 91.89 Mn |
| Dec 31, 2022 | 85.04 Mn |
| Sep 30, 2022 | 87.69 Mn |
| Jun 30, 2022 | 80.98 Mn |
| Mar 31, 2022 | 65.89 Mn |
| Dec 31, 2021 | 60.38 Mn |
| Sep 30, 2021 | 60.90 Mn |
| Jun 30, 2021 | 37.00 Mn |