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Side-by-side financial comparison of BELDEN INC. (BDC) and Brookfield Infrastructure Corp (BIPC). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $696.4M, roughly 1.2× BELDEN INC.). BELDEN INC. runs the higher net margin — 7.3% vs -35.7%, a 43.0% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (11.4% vs -4.6%).

Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.

Brookfield Infrastructure Partners L.P. is a publicly traded limited partnership with corporate headquarters in Toronto, Canada, that engages in the acquisition and management of infrastructure assets on a global basis.

BDC vs BIPC — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.2× larger
BIPC
$866.0M
$696.4M
BDC
Growing faster (revenue YoY)
BDC
BDC
+16.1% gap
BDC
11.4%
-4.6%
BIPC
Higher net margin
BDC
BDC
43.0% more per $
BDC
7.3%
-35.7%
BIPC

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
BDC
BDC
BIPC
BIPC
Revenue
$696.4M
$866.0M
Net Profit
$51.0M
$-309.0M
Gross Margin
37.1%
65.0%
Operating Margin
11.2%
62.7%
Net Margin
7.3%
-35.7%
Revenue YoY
11.4%
-4.6%
Net Profit YoY
-1.8%
-148.1%
EPS (diluted)
$1.30

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
BDC
BDC
BIPC
BIPC
Q1 26
$696.4M
Q4 25
$720.1M
Q3 25
$698.2M
Q2 25
$672.0M
$866.0M
Q1 25
$624.9M
Q4 24
$666.0M
Q3 24
$654.9M
Q2 24
$604.3M
$908.0M
Net Profit
BDC
BDC
BIPC
BIPC
Q1 26
$51.0M
Q4 25
$67.9M
Q3 25
$56.7M
Q2 25
$61.0M
$-309.0M
Q1 25
$51.9M
Q4 24
$58.4M
Q3 24
$53.7M
Q2 24
$49.0M
$643.0M
Gross Margin
BDC
BDC
BIPC
BIPC
Q1 26
37.1%
Q4 25
36.6%
Q3 25
37.7%
Q2 25
38.5%
65.0%
Q1 25
39.3%
Q4 24
37.5%
Q3 24
37.3%
Q2 24
37.5%
63.8%
Operating Margin
BDC
BDC
BIPC
BIPC
Q1 26
11.2%
Q4 25
12.2%
Q3 25
10.9%
Q2 25
11.8%
62.7%
Q1 25
11.6%
Q4 24
10.4%
Q3 24
11.5%
Q2 24
11.4%
61.9%
Net Margin
BDC
BDC
BIPC
BIPC
Q1 26
7.3%
Q4 25
9.4%
Q3 25
8.1%
Q2 25
9.1%
-35.7%
Q1 25
8.3%
Q4 24
8.8%
Q3 24
8.2%
Q2 24
8.1%
70.8%
EPS (diluted)
BDC
BDC
BIPC
BIPC
Q1 26
$1.30
Q4 25
$1.70
Q3 25
$1.41
Q2 25
$1.53
Q1 25
$1.27
Q4 24
$1.41
Q3 24
$1.30
Q2 24
$1.19

Balance Sheet & Financial Strength

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

Metric
BDC
BDC
BIPC
BIPC
Cash + ST InvestmentsLiquidity on hand
$272.2M
$1.2B
Total DebtLower is stronger
$1.3B
Stockholders' EquityBook value
$1.3B
$2.2B
Total Assets
$23.9B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDC
BDC
BIPC
BIPC
Q1 26
$272.2M
Q4 25
$389.9M
Q3 25
$314.3M
Q2 25
$301.5M
$1.2B
Q1 25
$259.0M
Q4 24
$370.3M
Q3 24
$323.0M
Q2 24
$564.8M
$466.0M
Total Debt
BDC
BDC
BIPC
BIPC
Q1 26
$1.3B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BDC
BDC
BIPC
BIPC
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.2B
$2.2B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$1.2B
$3.5B
Total Assets
BDC
BDC
BIPC
BIPC
Q1 26
Q4 25
$3.5B
Q3 25
$3.4B
Q2 25
$3.4B
$23.9B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.3B
Q2 24
$3.5B
$23.7B
Debt / Equity
BDC
BDC
BIPC
BIPC
Q1 26
0.98×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BDC
BDC
BIPC
BIPC
Operating Cash FlowLast quarter
$478.0M
Free Cash FlowOCF − Capex
$-63.1M
FCF MarginFCF / Revenue
-9.1%
Capex IntensityCapex / Revenue
6.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$180.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDC
BDC
BIPC
BIPC
Q1 26
Q4 25
$160.4M
Q3 25
$105.0M
Q2 25
$82.0M
$478.0M
Q1 25
$7.4M
Q4 24
$174.7M
Q3 24
$91.7M
Q2 24
$83.0M
$511.0M
Free Cash Flow
BDC
BDC
BIPC
BIPC
Q1 26
$-63.1M
Q4 25
$121.3M
Q3 25
$65.3M
Q2 25
$56.9M
Q1 25
$-24.8M
Q4 24
$116.4M
Q3 24
$67.2M
Q2 24
$61.0M
FCF Margin
BDC
BDC
BIPC
BIPC
Q1 26
-9.1%
Q4 25
16.8%
Q3 25
9.4%
Q2 25
8.5%
Q1 25
-4.0%
Q4 24
17.5%
Q3 24
10.3%
Q2 24
10.1%
Capex Intensity
BDC
BDC
BIPC
BIPC
Q1 26
6.4%
Q4 25
5.4%
Q3 25
5.7%
Q2 25
3.7%
Q1 25
5.2%
Q4 24
8.8%
Q3 24
3.7%
Q2 24
3.6%
Cash Conversion
BDC
BDC
BIPC
BIPC
Q1 26
Q4 25
2.36×
Q3 25
1.85×
Q2 25
1.34×
Q1 25
0.14×
Q4 24
2.99×
Q3 24
1.71×
Q2 24
1.69×
0.79×

Financial Flow Comparison

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

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