Company: TRTN-PA
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0001660734-25-000034
Chunk: 49

Company: Triton International Ltd
Filing Date: 2025-11-06
Form: 6-K
Chunk 49
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 certain reimbursable operating costs such as repair and handling expenses. Finance lease revenue represents interest income earned under finance lease contracts. The following table summarizes our leasing revenue for the periods indicated below (in thousands):

| Revenues                       
 Operating leases:              |     | Nine Months Ended September 30, 
 2025                            |           |     | 2024 |           |     | Variance |          |
|:-------------------------------|:----|:--------------------------------|----------:|:----|:-----|----------:|:----|:---------|---------:|
| Per diem revenues              |     | $                               |   884,316 |     | $    | 1,016,643 |     | $        | -132,327 |
| Fee and ancillary revenues     |     |                                 |    46,561 |     |      |    44,325 |     |          |    2,236 |
| Total operating lease revenues |     |                                 |   930,877 |     |      | 1,060,968 |     |          | -130,091 |
| Finance leases                 |     |                                 |    82,467 |     |      |    80,625 |     |          |    1,842 |
| Management fee revenues        |     |                                 |    13,412 |     |      |         — |     |          |   13,412 |
| Total revenues                 |     | $                               | 1,026,756 |     | $    | 1,141,593 |     | $        | -114,837 |

Total leasing revenues were $1,026.8 million for the nine months ended September 30, 2025 compared to $1,141.6 million in the same period in 2024, a decrease of $114.8 million.

Per diem revenues were $884.3 million for the nine months ended September 30, 2025, compared to $1,016.6 million in the same period in 2024, a decrease of $132.3 million. Per diem revenues decreased by $154.1 million related to the TCF VIII Distribution, partially offset by an increase of $20.3 million in connection with the GCI acquisition. The primary reasons for the remaining net increase were as follows:

• $13.7 million increase due to an increase in the average lease rates for our dry container product line as a result of units