FTAI Infrastructure (FIP) Operating Expenses (2021 - 2026)
FTAI Infrastructure (FIP) reported Operating Expenses of $185.6 million for Q1 2026, up 79.75% on a YoY basis from $103.2 million in Q1 2025, and up 451.94% quarter-over-quarter from -$52.7 million in Q4 2025.
FTAI Infrastructure (FIP) Operating Expenses (2021 - 2026) Analysis & Trends
FTAI Infrastructure has reported Operating Expenses for 6 years, with the latest figure 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.
- The five-year high for Operating Expenses was $185.6 million in Q1 2026, with the low at -$52.7 million in Q4 2025.
- Historically, Operating Expenses has averaged $87.6 million across 5 years, with a median of $91.1 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 754.12% — and 2025, when it slumped 133.24%.
- FTAI Infrastructure's Operating Expenses 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | 62.27 Bn |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 1.80 Bn |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | 4.63 Bn |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | 161.25 Mn |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | 121.00 Mn |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | 261.79 Mn |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | 118.03 Mn |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | 212.70 Mn |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | 72.41 Mn |
| 10 | FTAI Infrastructure | 560.11 Mn | 341.62 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 |