FTAI Infrastructure (FIP) Operating Expenses (2021 - 2026)
FTAI Infrastructure's (FIP) quarterly Operating Expenses came in at $185.6 million in Q1 2026, up 79.75% YoY 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) Operating Expenses (2021 - 2026) Analysis & Trends
FTAI Infrastructure (FIP) has 6 years of Operating Expenses data on file, last reported at $185.6 million in Q1 2026.
- Quarterly Operating Expenses rose 79.75% year-over-year to $185.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $381.9 million (down 13.27% YoY) and the FY2025 annual result came in at $299.6 million, down 30.49% from the prior year.
- Operating Expenses advanced to $185.6 million in Q1 2026, from -$52.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $185.6 million in Q1 2026 to a low of -$52.7 million in Q4 2025.
- A 5-year average of $87.6 million and a median of $91.1 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 754.12% — and 2025, when it slumped 133.24%.
- Tracing FIP's Operating Expenses over 5 years: stood at $85.0 million in 2022, then tumbled by 128.51% to -$24.2 million in 2023, then soared by 754.12% to $158.6 million in 2024, then sank by 133.24% to -$52.7 million in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 93.73 Bn | 90.40 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Honeywell International | 69.40 Bn | 60.20 Bn | 3.65 Bn | 1.87 Bn |
| 3 | Valmont Industries | 9.35 Bn | 9.21 Bn | 340.82 Mn | 174.71 Mn |
| 4 | Brookfield Business | 5.91 Bn | 1.15 Bn | 1.27 Bn | 289.00 Mn |
| 5 | Pampa Energy | 4.40 Bn | 4.40 Bn | 372,128.00 | -67.96 Bn |
| 6 | Seaboard | 4.06 Bn | 2.86 Bn | 221.00 Mn | 121.00 Mn |
| 7 | Otter Tail | 3.86 Bn | 3.51 Bn | 216.33 Mn | 358.59 Mn |
| 8 | Deluxe | 1.09 Bn | 1.05 Bn | 259.60 Mn | 203.90 Mn |
| 9 | Tetra Technologies | 1.00 Bn | 846.52 Mn | 45.71 Mn | 139.94 Mn |
| 10 | FTAI Infrastructure | 457.28 Mn | 317.34 Mn | 69.44 Mn | 233.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 233.40 Mn |
| 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 | -32.84 Mn |
| Sep 30, 2021 | 60.90 Mn |