FTAI Infrastructure (FIP) Operating Expenses (2021 - 2026)
FTAI Infrastructure (FIP) posted Operating Expenses of $185.6 million for Q1 2026, up 451.94% on a QoQ basis from -$52.7 million in Q4 2025, and up 79.75% year-over-year from $103.2 million in Q1 2025.
FTAI Infrastructure (FIP) Operating Expenses (2021 - 2026) Analysis & Trends
FTAI Infrastructure's Operating Expenses history runs 6 years deep, the most recent figure standing at $185.6 million for 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 was $185.6 million for Q1 2026 at FTAI Infrastructure, 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.
- 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 sank 133.24%.
- FTAI Infrastructure's Operating Expenses stood at $85.0 million in 2022, then sank by 128.51% to -$24.2 million in 2023, then surged by 754.12% to $158.6 million in 2024, then tumbled by 133.24% to -$52.7 million in 2025, then surged by 451.94% to $185.6 million in 2026.
- Business Quant data shows FIP's Operating Expenses at $185.6 million in Q1 2026, -$52.7 million in Q4 2025, and $120.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 93.07 Bn | 89.74 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Honeywell International | 78.50 Bn | 69.31 Bn | 3.65 Bn | 1.87 Bn |
| 3 | Valmont Industries | 9.60 Bn | 9.44 Bn | 316.88 Mn | 161.25 Mn |
| 4 | Brookfield Business | 6.66 Bn | -9.92 Bn | 1.31 Bn | -296.00 Mn |
| 5 | Seaboard | 4.48 Bn | 3.32 Bn | 217.00 Mn | 121.00 Mn |
| 6 | Otter Tail | 3.85 Bn | 3.44 Bn | 239.49 Mn | 261.79 Mn |
| 7 | Deluxe | 1.21 Bn | 1.18 Bn | 279.40 Mn | 212.70 Mn |
| 8 | Tetra Technologies | 1.08 Bn | 1.05 Bn | 38.23 Mn | 118.03 Mn |
| 9 | Matthews International | 885.89 Mn | 849.80 Mn | 101.98 Mn | 72.41 Mn |
| 10 | FTAI Infrastructure | 472.01 Mn | 434.15 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 | -32.84 Mn |
| Sep 30, 2021 | 60.90 Mn |
| Jun 30, 2021 | 37.00 Mn |