FTAI Aviation Ltd. Reports Strong Third Quarter 2026 Performance and Announces $500.0 Million Accelerated Share Repurchase
FTAI Aviation reported Q3 2026 revenue of $977.7 million, up roughly 47% year-over-year, with net income attributable to shareholders of $149.1 million, up 26.8% sequentially. Aerospace Products drove the quarter with revenue of $910.0 million, up 76% YoY, and a 31% Adjusted EBITDA margin in line with guidance; the Mod-1 power unit cleared critical testing milestones ahead of first deliveries next year. The Board doubled the share repurchase authorization to $1.0 billion and the company will execute a $500 million accelerated share repurchase with Royal Bank of Canada, expected to complete in Q4 2026.
Key figures
- Eps
- 1.43
- Revenue
- 977657000
- Guidance
- Reaffirmed 2026 and 2027 Adjusted EBITDA guidance across all business lines
- Revenue Yoy
- 46.6%
- Asr size
- 500000000
- Adjusted ebitda
- 348295000
- Net income qoq change
- 26.8%
- Cfm56 modules produced
- 311
- Net income attributable
- 149064000
- Adjusted ebitda qoq change
- 14.8%
- Aerospace products revenue
- 910000000
- Shares repurchased to date
- $80.0 million at weighted average price of $178.73
- Buyback authorization total
- 1000000000
- Quarterly dividend per share
- 0.5
- Aerospace products revenue yoy
- 76%
- Aerospace products ebitda margin
- 31%
- Aerospace products adjusted ebitda
- 282400000
AI analysis
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