Railroad was FTAI Infrastructure’s largest segment in fiscal 2025, bringing in $171.08M of $413.20M (41%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Long Ridge | — | — | — | $156.18M | ||
| Railroad | $147.72M | $167.79M | $178.24M | $171.08M | ||
| Jefferson Terminal | $60.29M | $72.15M | $80.65M | $85.66M | ||
| Repauno | $86.00K | $10.69M | $32.00K | $281.00K | ||
| Total | $208.09M | $250.63M | $258.92M | $413.20M |
FTAI Infrastructure brought in $413.20M from its four segments in fiscal 2025, the year ended December 31, 2025. FTAI Infrastructure regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $258.92M. Railroad was the largest at $171.08M (41.4%), ahead of Long Ridge at $156.18M (37.8%) and Jefferson Terminal at $85.66M (20.7%). The remaining segment, Repauno, brought in $281.00K.
Compared with fiscal 2024, Jefferson Terminal grew 6.2% to $85.66M, while Railroad fell 4.0% to $171.08M.
FTAI Infrastructure began breaking out Long Ridge in fiscal 2025, when it brought in $156.18M.
Rail Revenues was FTAI Infrastructure’s largest product and service line in fiscal 2024, bringing in $178.24M of $318.88M (56%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|
| Rail Revenues | $61.51M | $147.72M | $167.79M | $178.24M | |
| Terminal Services Revenues | $44.66M | $59.01M | $70.71M | $77.47M | |
| Roadside Services Revenues | — | $47.90M | $68.19M | $55.00M | |
| Crude Marketing Revenues | — | — | — | — | |
| Lease Income | $1.69M | $5.16M | $4.74M | $8.14M | |
| Other Revenue | $11.24M | $3.47M | -$1.95M | $32.00K | |
| Total | $119.11M | $263.26M | $309.48M | $318.88M |
FTAI Infrastructure brought in $318.88M from its five product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 3.0% from $309.48M in fiscal 2023. Rail Revenues was the largest at $178.24M (55.9%), ahead of Terminal Services Revenues at $77.47M (24.3%) and Roadside Services Revenues at $55.00M (17.2%). The other two lines brought in $8.17M combined.
Compared with fiscal 2023, Lease Income grew fastest, up 71.7% to $8.14M, while Roadside Services Revenues fell the most, down 19.3% to $55.00M.
FTAI Infrastructure began breaking out Roadside Services Revenues in fiscal 2022, when it brought in $47.90M.
FTAI Infrastructure (FIP) reports its revenue by segment and by product and service. In fiscal 2025, Railroad was its largest segment, bringing in $171.08M (41.4% of the total), followed by Long Ridge at $156.18M (37.8%).
Railroad was FTAI Infrastructure's largest segment in fiscal 2025, bringing in $171.08M, or 41.4% of the $413.20M total across its four segments.
Rail Revenues was FTAI Infrastructure's largest product and service line in fiscal 2024, bringing in $178.24M, or 55.9% of the $318.88M total across its five product and service lines.
Among FTAI Infrastructure's product and service lines that make up at least 2% of revenue, Lease Income grew fastest in fiscal 2024, up 71.7% from $4.74M to $8.14M.
Every figure comes from FTAI Infrastructure's annual financial filings, as reported. Each line keeps the name FTAI Infrastructure gives it, and years follow its fiscal calendar.
FTAI Infrastructure's revenue by segment goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.