FTAI Infrastructure Inc. has released its Q4 2025 earnings supplement presentation alongside fourth quarter and full-year financial results. The company reported robust growth in adjusted EBITDA, driven by strong performances across core segments.3937
Q4 2025 Financial Highlights
Revenue reached $143.5 million in the fourth quarter. Adjusted EBITDA stood at $89.2 million, excluding a $9.0 million gain from the CPE investment. Core segments generated $89.1 million in adjusted EBITDA. The company posted a net loss attributable to stockholders of $118.9 million before preferred stock dividends and extinguishment losses, translating to a basic loss per share of $1.06.3938
Full-Year 2025 Performance
For the full year, revenue climbed to $502.5 million. Adjusted EBITDA totaled $361.2 million, excluding specified gains including $120.0 million from Long Ridge consolidation. The four core segments delivered $382.8 million in adjusted EBITDA. Net loss attributable to stockholders was $207.4 million, with basic loss per share at $2.24. Cash from operating activities was negative $118.0 million amid investments.39
Segment Breakdown
The Rail segment posted Q4 adjusted EBITDA of $41.3 million, with integration of the Wheeling & Lake Erie Railroad progressing and new M&A opportunities in view. Energy contributed $36.2 million in Q4. Ports and Terminals saw Jefferson Terminal at $13.6 million adjusted EBITDA for Q4 (full-year $43.6 million), while Repauno reported $(1.9) million in Q4 (full-year $(4.8) million).39
Dividend and Strategic Moves
Directors declared a $0.03 per share dividend on common stock, payable April 1, 2026, to shareholders of record March 13, 2026. FTAI Infrastructure closed a $1.315 billion term loan to refinance the bridge facility tied to the Wheeling acquisition.35
Earnings Conference Call
Investors can join the Q4 2025 earnings call today, February 27, 2026, at 8:00 a.m. ET. The earnings supplement is available on the company’s investor relations website.3736
