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Side-by-side financial comparison of BIOCRYST PHARMACEUTICALS INC (BCRX) 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 ($188.4M vs $156.4M, roughly 1.2× BIOCRYST PHARMACEUTICALS INC). On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (95.9% vs 7.5%). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (49.0% CAGR vs 19.6%).

BioCryst Pharmaceuticals, Inc. is an American pharmaceutical company headquartered in Durham, North Carolina. The company is a late stage biotech company that focuses on oral drugs for rare and serious diseases. BioCryst's antiviral drug peramivir (Rapivab) was approved by FDA in December 2014. It has also been approved in Japan, Korea, and China.

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.

BCRX vs FIP — Head-to-Head

Bigger by revenue
FIP
FIP
1.2× larger
FIP
$188.4M
$156.4M
BCRX
Growing faster (revenue YoY)
FIP
FIP
+88.4% gap
FIP
95.9%
7.5%
BCRX
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
49.0%
19.6%
BCRX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BCRX
BCRX
FIP
FIP
Revenue
$156.4M
$188.4M
Net Profit
$-150.2M
Gross Margin
Operating Margin
13.6%
Net Margin
-79.7%
Revenue YoY
7.5%
95.9%
Net Profit YoY
-387.6%
EPS (diluted)
$0.00
$-1.32

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
BCRX
BCRX
FIP
FIP
Q1 26
$156.4M
$188.4M
Q4 25
$406.6M
$143.5M
Q3 25
$159.4M
$140.6M
Q2 25
$163.4M
$122.3M
Q1 25
$145.5M
$96.2M
Q4 24
$131.5M
$80.8M
Q3 24
$117.1M
$83.3M
Q2 24
$109.3M
$84.9M
Net Profit
BCRX
BCRX
FIP
FIP
Q1 26
$-150.2M
Q4 25
$245.8M
$-97.7M
Q3 25
$12.9M
$-104.5M
Q2 25
$5.1M
$-70.0M
Q1 25
$32.0K
$120.2M
Q4 24
$-26.8M
$-124.7M
Q3 24
$-14.0M
$-43.0M
Q2 24
$-12.7M
$-48.1M
Gross Margin
BCRX
BCRX
FIP
FIP
Q1 26
Q4 25
97.7%
Q3 25
98.6%
Q2 25
98.3%
Q1 25
96.9%
Q4 24
95.4%
Q3 24
97.3%
Q2 24
98.4%
Operating Margin
BCRX
BCRX
FIP
FIP
Q1 26
13.6%
Q4 25
64.0%
-45.7%
Q3 25
18.6%
-70.8%
Q2 25
18.2%
-56.4%
Q1 25
14.6%
81.8%
Q4 24
-3.4%
-152.7%
Q3 24
6.6%
-51.7%
Q2 24
8.0%
-56.4%
Net Margin
BCRX
BCRX
FIP
FIP
Q1 26
-79.7%
Q4 25
60.5%
-68.1%
Q3 25
8.1%
-74.4%
Q2 25
3.1%
-57.2%
Q1 25
0.0%
125.0%
Q4 24
-20.4%
-154.4%
Q3 24
-12.0%
-51.6%
Q2 24
-11.6%
-56.7%
EPS (diluted)
BCRX
BCRX
FIP
FIP
Q1 26
$0.00
$-1.32
Q4 25
$1.13
$-1.04
Q3 25
$0.06
$-1.38
Q2 25
$0.02
$-0.73
Q1 25
$0.00
$0.89
Q4 24
$-0.13
$-1.21
Q3 24
$-0.07
$-0.45
Q2 24
$-0.06
$-0.52

Balance Sheet & Financial Strength

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

Metric
BCRX
BCRX
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$259.0M
$37.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$-122.5K
Total Assets
$465.1M
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCRX
BCRX
FIP
FIP
Q1 26
$259.0M
$37.9M
Q4 25
$274.7M
$57.4M
Q3 25
$212.9M
$34.7M
Q2 25
$260.0M
$33.6M
Q1 25
$295.1M
$26.3M
Q4 24
$320.9M
$27.8M
Q3 24
$96.8M
$20.3M
Q2 24
$78.4M
$33.1M
Total Debt
BCRX
BCRX
FIP
FIP
Q1 26
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
Stockholders' Equity
BCRX
BCRX
FIP
FIP
Q1 26
$-122.5K
Q4 25
$-119.2M
$21.3M
Q3 25
$-387.9M
$181.1M
Q2 25
$-421.6M
$375.5M
Q1 25
$-451.9M
$476.2M
Q4 24
$-475.9M
$202.7M
Q3 24
$-468.6M
$370.8M
Q2 24
$-475.6M
$394.8M
Total Assets
BCRX
BCRX
FIP
FIP
Q1 26
$465.1M
$5.7B
Q4 25
$514.2M
$5.7B
Q3 25
$446.4M
$5.5B
Q2 25
$457.2M
$4.4B
Q1 25
$480.0M
$4.1B
Q4 24
$490.4M
$2.4B
Q3 24
$491.3M
$2.4B
Q2 24
$472.4M
$2.5B
Debt / Equity
BCRX
BCRX
FIP
FIP
Q1 26
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×

Cash Flow & Capital Efficiency

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

Metric
BCRX
BCRX
FIP
FIP
Operating Cash FlowLast quarter
$-69.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCRX
BCRX
FIP
FIP
Q1 26
$-69.4M
Q4 25
$292.0M
$-2.8M
Q3 25
$41.6M
$-24.4M
Q2 25
$41.3M
$-5.2M
Q1 25
$-27.5M
$-85.7M
Q4 24
$-5.2M
$-8.1M
Q3 24
$8.2M
$14.2M
Q2 24
$-1.4M
$-17.6M
Free Cash Flow
BCRX
BCRX
FIP
FIP
Q1 26
Q4 25
$291.2M
$-68.6M
Q3 25
$40.3M
$-90.7M
Q2 25
$41.1M
$-87.5M
Q1 25
$-27.7M
$-151.7M
Q4 24
$-5.9M
$-34.3M
Q3 24
$8.2M
$-11.7M
Q2 24
$-1.5M
$-32.1M
FCF Margin
BCRX
BCRX
FIP
FIP
Q1 26
Q4 25
71.6%
-47.8%
Q3 25
25.3%
-64.5%
Q2 25
25.2%
-71.6%
Q1 25
-19.0%
-157.7%
Q4 24
-4.5%
-42.4%
Q3 24
7.0%
-14.0%
Q2 24
-1.4%
-37.9%
Capex Intensity
BCRX
BCRX
FIP
FIP
Q1 26
Q4 25
0.2%
45.9%
Q3 25
0.8%
47.2%
Q2 25
0.1%
67.3%
Q1 25
0.1%
68.6%
Q4 24
0.5%
32.5%
Q3 24
0.1%
31.1%
Q2 24
0.1%
17.2%
Cash Conversion
BCRX
BCRX
FIP
FIP
Q1 26
Q4 25
1.19×
Q3 25
3.23×
Q2 25
8.12×
Q1 25
-859.91×
-0.71×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BCRX
BCRX

ORLADEYO$148.3M95%
Other revenues$5.0M3%
License revenue$3.0M2%

FIP
FIP

Segment breakdown not available.

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