FTAI Infrastructure reports Q3 2026 revenue surge, record adjusted EBITDA and $1.5 bn debt‑paydown plan
FTAI Infrastructure announced third‑quarter 2026 results with revenue of $219 million, up 55.8% year over year, while GAAP loss was $1.27 per share. Adjusted EBITDA reached a record $95.3 million. Management said the pending Long Ridge Power & Gas sale will generate $1.5 billion, which will be used to cut total debt by about $1.4 billion, and the USD Group logistics acquisition was completed for $255 million, adding $50 million of annual EBITDA.
Why it matters
The company expects the Long Ridge proceeds to lower interest expense by roughly $25 million per year and improve leverage, while the USD Group deal should boost adjusted EBITDA and support future terminal monetization, enhancing cash‑flow generation (source 6).
Key facts
- 1Revenue was $219 million, up 55.8% YoY. finance.yahoo.com
- 2GAAP loss was $1.27 per share. finance.yahoo.com
- 3Adjusted EBITDA was $95.3 million, a quarterly record. fool.com
- 4Long Ridge sale proceeds total $1.5 billion. fool.com
- 5Total debt reduction expected is $1.4 billion. fool.com
- 6USD Group acquisition price was $255 million. fool.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.