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Side-by-side financial comparison of Amplitude, Inc. (AMPL) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.

FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($143.5M vs $91.4M, roughly 1.6× Amplitude, Inc.). Amplitude, Inc. runs the higher net margin — -19.3% vs -68.1%, a 48.8% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 17.0%). Amplitude, Inc. produced more free cash flow last quarter ($12.7M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 12.2%).

Amplitude is an American publicly traded company that develops digital analytics software. The company was listed publicly on the Nasdaq stock exchange under the ticker symbol AMPL on September 28, 2021.

FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.

AMPL vs FIP — Head-to-Head

Bigger by revenue
FIP
FIP
1.6× larger
FIP
$143.5M
$91.4M
AMPL
Growing faster (revenue YoY)
FIP
FIP
+60.7% gap
FIP
77.7%
17.0%
AMPL
Higher net margin
AMPL
AMPL
48.8% more per $
AMPL
-19.3%
-68.1%
FIP
More free cash flow
AMPL
AMPL
$81.3M more FCF
AMPL
$12.7M
$-68.6M
FIP
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
31.9%
12.2%
AMPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMPL
AMPL
FIP
FIP
Revenue
$91.4M
$143.5M
Net Profit
$-17.7M
$-97.7M
Gross Margin
74.6%
Operating Margin
-18.3%
-45.7%
Net Margin
-19.3%
-68.1%
Revenue YoY
17.0%
77.7%
Net Profit YoY
45.8%
21.6%
EPS (diluted)
$-0.13
$-1.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMPL
AMPL
FIP
FIP
Q4 25
$91.4M
$143.5M
Q3 25
$88.6M
$140.6M
Q2 25
$83.3M
$122.3M
Q1 25
$80.0M
$96.2M
Q4 24
$78.1M
$80.8M
Q3 24
$75.2M
$83.3M
Q2 24
$73.3M
$84.9M
Q1 24
$72.6M
$82.5M
Net Profit
AMPL
AMPL
FIP
FIP
Q4 25
$-17.7M
$-97.7M
Q3 25
$-24.0M
$-104.5M
Q2 25
$-24.7M
$-70.0M
Q1 25
$-22.2M
$120.2M
Q4 24
$-32.6M
$-124.7M
Q3 24
$-16.9M
$-43.0M
Q2 24
$-23.4M
$-48.1M
Q1 24
$-21.5M
$-50.3M
Gross Margin
AMPL
AMPL
FIP
FIP
Q4 25
74.6%
Q3 25
73.9%
Q2 25
72.6%
Q1 25
74.7%
Q4 24
74.7%
Q3 24
75.1%
Q2 24
73.4%
Q1 24
74.0%
Operating Margin
AMPL
AMPL
FIP
FIP
Q4 25
-18.3%
-45.7%
Q3 25
-26.0%
-70.8%
Q2 25
-29.0%
-56.4%
Q1 25
-26.8%
81.8%
Q4 24
-41.2%
-152.7%
Q3 24
-21.4%
-51.7%
Q2 24
-31.7%
-56.4%
Q1 24
-29.0%
-58.8%
Net Margin
AMPL
AMPL
FIP
FIP
Q4 25
-19.3%
-68.1%
Q3 25
-27.1%
-74.4%
Q2 25
-29.6%
-57.2%
Q1 25
-27.8%
125.0%
Q4 24
-41.7%
-154.4%
Q3 24
-22.4%
-51.6%
Q2 24
-31.9%
-56.7%
Q1 24
-29.5%
-60.9%
EPS (diluted)
AMPL
AMPL
FIP
FIP
Q4 25
$-0.13
$-1.04
Q3 25
$-0.18
$-1.38
Q2 25
$-0.19
$-0.73
Q1 25
$-0.17
$0.89
Q4 24
$-0.25
$-1.21
Q3 24
$-0.14
$-0.45
Q2 24
$-0.19
$-0.52
Q1 24
$-0.18
$-0.54

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMPL
AMPL
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$192.0M
$57.4M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$245.3M
$21.3M
Total Assets
$420.7M
$5.7B
Debt / EquityLower = less leverage
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMPL
AMPL
FIP
FIP
Q4 25
$192.0M
$57.4M
Q3 25
$189.2M
$34.7M
Q2 25
$208.1M
$33.6M
Q1 25
$209.0M
$26.3M
Q4 24
$241.1M
$27.8M
Q3 24
$319.9M
$20.3M
Q2 24
$318.3M
$33.1M
Q1 24
$316.1M
$23.0M
Total Debt
AMPL
AMPL
FIP
FIP
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.6B
Q1 24
$1.3B
Stockholders' Equity
AMPL
AMPL
FIP
FIP
Q4 25
$245.3M
$21.3M
Q3 25
$262.2M
$181.1M
Q2 25
$279.5M
$375.5M
Q1 25
$289.5M
$476.2M
Q4 24
$296.6M
$202.7M
Q3 24
$290.0M
$370.8M
Q2 24
$287.3M
$394.8M
Q1 24
$289.2M
$402.5M
Total Assets
AMPL
AMPL
FIP
FIP
Q4 25
$420.7M
$5.7B
Q3 25
$438.1M
$5.5B
Q2 25
$456.6M
$4.4B
Q1 25
$445.8M
$4.1B
Q4 24
$445.9M
$2.4B
Q3 24
$445.6M
$2.4B
Q2 24
$445.4M
$2.5B
Q1 24
$437.9M
$2.3B
Debt / Equity
AMPL
AMPL
FIP
FIP
Q4 25
176.99×
Q3 25
20.59×
Q2 25
8.21×
Q1 25
5.79×
Q4 24
7.84×
Q3 24
4.14×
Q2 24
3.94×
Q1 24
3.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMPL
AMPL
FIP
FIP
Operating Cash FlowLast quarter
$12.8M
$-2.8M
Free Cash FlowOCF − Capex
$12.7M
$-68.6M
FCF MarginFCF / Revenue
13.8%
-47.8%
Capex IntensityCapex / Revenue
0.2%
45.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$28.2M
$-398.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMPL
AMPL
FIP
FIP
Q4 25
$12.8M
$-2.8M
Q3 25
$5.0M
$-24.4M
Q2 25
$20.1M
$-5.2M
Q1 25
$-8.0M
$-85.7M
Q4 24
$3.2M
$-8.1M
Q3 24
$6.2M
$14.2M
Q2 24
$9.2M
$-17.6M
Q1 24
$-48.0K
$-3.9M
Free Cash Flow
AMPL
AMPL
FIP
FIP
Q4 25
$12.7M
$-68.6M
Q3 25
$4.5M
$-90.7M
Q2 25
$19.5M
$-87.5M
Q1 25
$-8.5M
$-151.7M
Q4 24
$2.4M
$-34.3M
Q3 24
$6.2M
$-11.7M
Q2 24
$8.6M
$-32.1M
Q1 24
$-405.0K
$-16.7M
FCF Margin
AMPL
AMPL
FIP
FIP
Q4 25
13.8%
-47.8%
Q3 25
5.1%
-64.5%
Q2 25
23.4%
-71.6%
Q1 25
-10.6%
-157.7%
Q4 24
3.1%
-42.4%
Q3 24
8.2%
-14.0%
Q2 24
11.8%
-37.9%
Q1 24
-0.6%
-20.3%
Capex Intensity
AMPL
AMPL
FIP
FIP
Q4 25
0.2%
45.9%
Q3 25
0.5%
47.2%
Q2 25
0.6%
67.3%
Q1 25
0.5%
68.6%
Q4 24
1.0%
32.5%
Q3 24
0.0%
31.1%
Q2 24
0.8%
17.2%
Q1 24
0.5%
15.6%
Cash Conversion
AMPL
AMPL
FIP
FIP
Q4 25
Q3 25
Q2 25
Q1 25
-0.71×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMPL
AMPL

US$55.8M61%
International$35.7M39%

FIP
FIP

Power Revenues$45.9M32%
Rail Revenue$44.6M31%
Service Other$22.8M16%
Gas Revenues$15.3M11%
Roadside Services Revenues$11.5M8%
Rapauno$1.2M1%

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