FTAI AVIATION LTD. (FTAI) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

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FTAI AVIATION LTD. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from sale of assets - Nonrelated Party → investing reconciliation: $325,061,000.00Proceeds from sale of assets - Equity Method Investee → investing reconciliation: $58,312,000.00Proceeds from settlement of insurance claims → investing reconciliation: $21,293,000.00Return of capital from unconsolidated entities → investing reconciliation: $19,210,000.00Principal collections on notes receivable → investing reconciliation: $819,000.00investing reconciliation → Net cash from investing activities: $198,696,000.00investing reconciliation → Investment in unconsolidated entities: $98,005,000.00investing reconciliation → Acquisition of leasing equipment: $75,261,000.00investing reconciliation → Deposits for acquisition of leasing equipment: $26,259,000.00investing reconciliation → Acquisition of property, plant and equipment: $17,375,000.00investing reconciliation → Proceeds from deposits on sale of leasing equipment: $6,959,000.00investing reconciliation → Investment in promissory notes: $1,106,000.00investing reconciliation → Acquisition of lease intangibles: $1,034,000.00Proceeds from debt → financing reconciliation: $500,000,000.00Receipt of maintenance deposits under operating lease agreements → financing reconciliation: $5,071,000.00financing reconciliation → Repayment of debt: $500,000,000.00financing reconciliation → Redemption of preferred shares: $105,493,000.00financing reconciliation → Cash dividends - ordinary shares: $46,162,000.00financing reconciliation → Payment of deferred financing costs: $11,970,000.00financing reconciliation → Remaining financing cash flows, net (calculated): $5,321,000.00financing reconciliation → Cash dividends - preferred shares: $3,709,000.00financing reconciliation → Return of security deposits under operating lease agreements: $533,000.00financing reconciliation → Release of maintenance deposits under operating lease agreements: $397,000.00Net cash used in operating activities → operating reconciliation: $105,227,000.00Net income → operating reconciliation: $125,094,000.00Other assets → operating reconciliation: $52,470,000.00Depreciation and amortization → operating reconciliation: $46,986,000.00Accounts payable and accrued liabilities → operating reconciliation: $18,490,000.00Equity-based compensation → operating reconciliation: $7,332,000.00Accounts receivable → operating reconciliation: $7,330,000.00Amortization of lease intangibles and incentives → operating reconciliation: $5,132,000.00Deferred income taxes → operating reconciliation: $2,991,000.00Amortization of deferred financing costs → operating reconciliation: $2,981,000.00Other → operating reconciliation: $1,271,000.00Change in fair value of guarantees → operating reconciliation: $406,000.00operating reconciliation → Inventory: $266,163,000.00operating reconciliation → Gain on sale of assets - Nonrelated Party: $85,404,000.00operating reconciliation → Equity in losses of unconsolidated entities: $9,970,000.00operating reconciliation → Gain on insurance recoveries: $4,950,000.00operating reconciliation → Other liabilities: $3,401,000.00operating reconciliation → Security deposits and maintenance claims included in earnings: $3,357,000.00operating reconciliation → Gain on sale of assets - Equity Method Investee: $2,465,000.00Net cash used in financing activities → financing reconciliation: $168,514,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $412,390,000.00Net cash from investing activities → Cash sources and uses: $198,696,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $337,345,000.00Cash sources and uses → Net cash used in financing activities: $168,514,000.00Cash sources and uses → Net cash used in operating activities: $105,227,000.00Net income: $125,094,000.00Net income+$125.09 MEquity in losses of unconsolidated entities: -$9,970,000.00Equity-method results−$9.97 MGain on sale of assets - Equity Method Investee: -$2,465,000.00Asset sale gain: equity investee−$2.47 MGain on sale of assets - Nonrelated Party: -$85,404,000.00Asset sale gain: nonrelated party−$85.40 MGain on insurance recoveries: -$4,950,000.00Insurance recoveries−$4.95 MSecurity deposits and maintenance claims included in earnings: -$3,357,000.00Deposits & maintenance claims−$3.36 MEquity-based compensation: $7,332,000.00Stock-based compensation+$7.33 MDepreciation and amortization: $46,986,000.00Depreciation & amortization+$46.99 MDeferred income taxes: $2,991,000.00Deferred taxes & credits+$2.99 MChange in fair value of guarantees: $406,000.00Guarantee fair value+$406.00 KAmortization of lease intangibles and incentives: $5,132,000.00Lease intangible & incentive amort.+$5.13 MAmortization of deferred financing costs: $2,981,000.00Debt issuance cost amortization+$2.98 MOther: $1,271,000.00Other operating, net+$1.27 MAccounts receivable: $7,330,000.00Accounts receivable+$7.33 MInventory: -$266,163,000.00Inventories−$266.16 MOther assets: $52,470,000.00Other operating assets+$52.47 MAccounts payable and accrued liabilities: $18,490,000.00Payables & accrued liabilities+$18.49 MManagement fees payable to affiliate: $0.00Other liabilities: -$3,401,000.00Other operating liabilities−$3.40 MNet cash used in operating activities: -$105,227,000.00. Cash required to fund net payments.Operating cash−$105.23 Moperating reconciliation: $375,710,000.00Proceeds from debt: $500,000,000.00Long-term debt issued+$500.00 MRepayment of debt: -$500,000,000.00Long-term debt repaid−$500.00 MPayment of deferred financing costs: -$11,970,000.00Financing costs paid−$11.97 MReceipt of security deposits under operating lease agreements: $0.00Return of security deposits under operating lease agreements: -$533,000.00Security deposits returned−$533.00 KReceipt of maintenance deposits under operating lease agreements: $5,071,000.00Maintenance deposits received+$5.07 MRelease of maintenance deposits under operating lease agreements: -$397,000.00Maintenance deposits released−$397.00 KRedemption of preferred shares: -$105,493,000.00Preferred stock redeemed−$105.49 MCash dividends - ordinary shares: -$46,162,000.00Common dividends paid−$46.16 MCash dividends - preferred shares: -$3,709,000.00Preferred dividends paid−$3.71 MRemaining financing cash flows, net (calculated): -$5,321,000.00Remaining financing (calculated)−$5.32 MNet cash used in financing activities: -$168,514,000.00. Cash required to fund net payments.Financing cash−$168.51 Mfinancing reconciliation: $673,585,000.00Investment in unconsolidated entities: -$98,005,000.00Advances to affiliates−$98.01 MPrincipal collections on notes receivable: $819,000.00Notes receivable collected+$819.00 KAcquisition of leasing equipment: -$75,261,000.00Lease equipment purchases−$75.26 MInvestments in financing receivables: $0.00Acquisition of property, plant and equipment: -$17,375,000.00PP&E purchases−$17.38 MAcquisition of lease intangibles: -$1,034,000.00Acquisition of lease intangibles−$1.03 MDeposits for acquisition of leasing equipment: -$26,259,000.00Leasing equipment deposits paid−$26.26 MProceeds from sale of assets - Equity Method Investee: $58,312,000.00Asset sales: equity investee+$58.31 MProceeds from sale of assets - Nonrelated Party: $325,061,000.00Asset sales: nonrelated party+$325.06 MProceeds from settlement of insurance claims: $21,293,000.00Insurance proceeds+$21.29 MProceeds from deposits on sale of leasing equipment: -$6,959,000.00Leasing equipment sale deposits−$6.96 MReturn of deposits for acquisition of leasing equipment: $0.00Investment in promissory notes: -$1,106,000.00Notes receivable issued−$1.11 MPrincipal collections on finance leases: $0.00Return of capital from unconsolidated entities: $19,210,000.00Equity-method return of capital+$19.21 MNet cash from investing activities: $198,696,000.00Investing cash+$198.70 Minvesting reconciliation: $424,695,000.00Cash sources and uses: $611,086,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $412,390,000.00Beginning cash$412.39 MEnding cash: Cash, cash equivalents, and restricted cash: $337,345,000.00Ending cash$337.35 MCASH RECONCILIATIONInvestingflowsFinancingflowsOperatingflowsFree cash flow−$122.60 MOperating cash − cash spent on PP&ECash flow / Net income−0.84×Operating cash flow ÷ net incomeNet cash change−$75.05 MEnding cash − beginning cash
Chart details

FTAI AVIATION LTD. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
412,390,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 105,227,000 US dollars. Net cash used.
Net income
125,094,000 US dollars
Equity in losses of unconsolidated entities
negative 9,970,000 US dollars
Gain on sale of assets - Equity Method Investee
negative 2,465,000 US dollars
Gain on sale of assets - Nonrelated Party
negative 85,404,000 US dollars
Gain on insurance recoveries
negative 4,950,000 US dollars
Security deposits and maintenance claims included in earnings
negative 3,357,000 US dollars
Equity-based compensation
7,332,000 US dollars
Depreciation and amortization
46,986,000 US dollars
Deferred income taxes
2,991,000 US dollars
Change in fair value of guarantees
406,000 US dollars
Amortization of lease intangibles and incentives
5,132,000 US dollars
Amortization of deferred financing costs
2,981,000 US dollars
Other
1,271,000 US dollars
Accounts receivable
7,330,000 US dollars
Inventory
negative 266,163,000 US dollars
Other assets
52,470,000 US dollars
Accounts payable and accrued liabilities
18,490,000 US dollars
Management fees payable to affiliate
0 US dollars
Other liabilities
negative 3,401,000 US dollars
Investing activities
198,696,000 US dollars. Net cash provided.
Investment in unconsolidated entities
negative 98,005,000 US dollars
Principal collections on notes receivable
819,000 US dollars
Acquisition of leasing equipment
negative 75,261,000 US dollars
Investments in financing receivables
0 US dollars
Acquisition of property, plant and equipment
negative 17,375,000 US dollars
Acquisition of lease intangibles
negative 1,034,000 US dollars
Deposits for acquisition of leasing equipment
negative 26,259,000 US dollars
Proceeds from sale of assets - Equity Method Investee
58,312,000 US dollars
Proceeds from sale of assets - Nonrelated Party
325,061,000 US dollars
Proceeds from settlement of insurance claims
21,293,000 US dollars
Proceeds from deposits on sale of leasing equipment
negative 6,959,000 US dollars
Return of deposits for acquisition of leasing equipment
0 US dollars
Investment in promissory notes
negative 1,106,000 US dollars
Principal collections on finance leases
0 US dollars
Return of capital from unconsolidated entities
19,210,000 US dollars
Financing activities
negative 168,514,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Settlement of equity-based compensation), so Settlement of equity-based compensation cannot be separated for this quarter. It may combine inflows and outflows.
Proceeds from debt
500,000,000 US dollars
Repayment of debt
negative 500,000,000 US dollars
Payment of deferred financing costs
negative 11,970,000 US dollars
Receipt of security deposits under operating lease agreements
0 US dollars
Return of security deposits under operating lease agreements
negative 533,000 US dollars
Receipt of maintenance deposits under operating lease agreements
5,071,000 US dollars
Release of maintenance deposits under operating lease agreements
negative 397,000 US dollars
Redemption of preferred shares
negative 105,493,000 US dollars
Cash dividends - ordinary shares
negative 46,162,000 US dollars
Cash dividends - preferred shares
negative 3,709,000 US dollars
Remaining financing cash flows, net (calculated)
negative 5,321,000 US dollars
Operating adjustment reconciliation
375,710,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing displayed reconciliation
673,585,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing gross reconciliation
424,695,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Jun 30, 2026
337,345,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
611,086,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 75,045,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
−0.84×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
negative 105,227,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
17,375,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 122,602,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income or operating cash is negative. The full signed reconciliation is retained: losses remain deductions, and any negative operating-cash total enters the junction from the cash pool. No positive direct-income connection is implied.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 105,227,000 US dollars minus 17,375,000 US dollars equals negative 122,602,000 US dollars.
FTAI AVIATION LTD. (FTAI) FY2026 Q2 Statement of Cash Flows Sankey chart
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