FTAI Infrastructure Inc. (FIP) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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FIP Revenue Growth
Revenue Breakdown (FY 2025)
FIP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
FIP Revenue Analysis (2019–2025)
As of May 8, 2026, FTAI Infrastructure Inc. (FIP) generated trailing twelve-month (TTM) revenue of $594.7 million, reflecting explosive growth of +95.9% year-over-year. The most recent quarter (Q1 2026) recorded $188.4 million in revenue, up 31.2% sequentially.
Looking at the longer-term picture, FIP's 5-year compound annual growth rate (CAGR) stands at +48.9%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $502.5 million in 2025, representing a new all-time high.
Revenue diversification analysis shows FIP's business is primarily driven by Service, Other (95%), License and Service (5%), and Product and Service, Other (0%). With over half of revenue concentrated in Service, Other, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including FTAI (+47.6% YoY), BIP (+13.0% YoY), and ATNI (+1.3% YoY), FIP has outperformed the peer group in terms of revenue growth. Compare FIP vs FTAI →
FIP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FIPCurrent | $595M | +95.9% | +48.9% | 7.9% | |
 FTAI | $2.5B | +47.6% | +46.6% | 30.7% | |
 BIP | $23.1B | +13.0% | +21.1% | 25.1% | |
 ATNI | $728M | +1.3% | +9.8% | 6.0% | |
 GEL | $1.6B | -26.0% | -2.2% | 15.8% | |
 GLNG | $394M | +51.1% | -2.1% | 34.4% |
FIP Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $502.5M | +51.6% | $55.7M | 11.1% | $39.5M | 7.9% |
| 2024 | $331.5M | +3.4% | $331.5M | 100.0% | $-21,703,000 | -6.5% |
| 2023 | $320.5M | +22.3% | $-26,659,000 | -8.3% | $-39,492,000 | -12.3% |
| 2022 | $262.0M | +117.9% | $-29,904,000 | -11.4% | $-40,795,000 | -15.6% |
| 2021 | $120.2M | +75.3% | $120.2M | 100.0% | $-56,713,000 | -47.2% |
| 2020 | $68.6M | -70.1% | $-45,016,000 | -65.7% | $-53,538,000 | -78.1% |
| 2019 | $229.5M | - | $-81,126,000 | -35.4% | $-88,595,000 | -38.6% |
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Start ComparisonFIP — Frequently Asked Questions
Quick answers to the most common questions about buying FIP stock.
Is FIP's revenue growth accelerating or slowing?
FIP revenue is accelerating at +95.9% year-over-year, exceeding the 5-year CAGR of +48.9%. TTM revenue reached $595M. Growth momentum has increased versus prior periods.
What is FIP's long-term revenue growth rate?
FTAI Infrastructure Inc.'s 5-year revenue CAGR of +48.9% reflects the sustained expansion pattern. Current YoY growth of +95.9% is above this long-term average.
How is FIP's revenue distributed by segment?
FIP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.