FTAI Infrastructure reports Q1 Adj. EBITDA $70.6M; announces $1.52B sale of Long Ridge to MARA

FTAI Infrastructure Inc.

Net loss $150M ($1.32 per share) includes $70.6M Adjusted EBITDA; record quarterly Adj. EBITDA would have been $80M+ without 25-day plant outage.
Agreed to sell Long Ridge to MARA Holdings for $1.52B; will eliminate $1.16B of Long Ridge debt and repay ~$300M of parent debt.
Rail and Jefferson segments performed strongly; Repauno phase two expansion on schedule for early 2027.
Declared $0.03 per share quarterly cash dividend payable June 12, 2026 to record holders May 18, 2026.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FTAI Infrastructure Inc. reported first quarter 2026 results: net income $ (150,172), EPS $(1.32) per share of common stock.

Period: first quarter 2026
Net income: $ (150,172)
EPS: $(1.32) per share of common stock
Result: reported results

Exact text from the filing

per share data) Selected Financial Results Q1’26 Net Loss Attributable to Stockholders, Before Series B Preferred Stock Dividend and Loss on Extinguishment of Preferred Stock $ (150,172) Basic and Diluted Loss per Share of Common Stock $ (1.32) Adjusted EBITDA (1) $ 70,592 Adjusted EBITDA - Four core segments (1)(2) $ 78,760 _______________________________ (1)

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FTAI Infrastructure Inc. filing history →

Source: SEC EDGAR

accession 0001899883-26-000023

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