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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Bausch & Lomb Corp (BLCO). Click either name above to swap in a different company.

Bausch & Lomb Corp is the larger business by last-quarter revenue ($1.4B vs $866.0M, roughly 1.6× Brookfield Infrastructure Corp). Bausch & Lomb Corp runs the higher net margin — -4.1% vs -35.7%, a 31.6% gap on every dollar of revenue. On growth, Bausch & Lomb Corp posted the faster year-over-year revenue change (9.8% vs -4.6%).

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.

Bausch & Lomb is an American-Canadian eye health products company based in Vaughan, Ontario, Canada. It is one of the world's largest suppliers of contact lenses, lens care products, pharmaceuticals, intraocular lenses, and other eye surgery products. The company was founded in Rochester, New York, in 1853 by optician John Bausch and cabinet maker turned financial backer Henry Lomb. Until its sale in 2013, Bausch + Lomb was one of the oldest continually operating companies in the United States.

BIPC vs BLCO — Head-to-Head

Bigger by revenue
BLCO
BLCO
1.6× larger
BLCO
$1.4B
$866.0M
BIPC
Growing faster (revenue YoY)
BLCO
BLCO
+14.4% gap
BLCO
9.8%
-4.6%
BIPC
Higher net margin
BLCO
BLCO
31.6% more per $
BLCO
-4.1%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
BLCO
BLCO
Revenue
$866.0M
$1.4B
Net Profit
$-309.0M
$-58.0M
Gross Margin
65.0%
Operating Margin
62.7%
8.0%
Net Margin
-35.7%
-4.1%
Revenue YoY
-4.6%
9.8%
Net Profit YoY
-148.1%
-1833.3%
EPS (diluted)
$-0.16

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
BIPC
BIPC
BLCO
BLCO
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$866.0M
$1.3B
Q1 25
$1.1B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$908.0M
$1.2B
Q1 24
$1.1B
Net Profit
BIPC
BIPC
BLCO
BLCO
Q4 25
$-58.0M
Q3 25
$-28.0M
Q2 25
$-309.0M
$-62.0M
Q1 25
$-212.0M
Q4 24
$-3.0M
Q3 24
$4.0M
Q2 24
$643.0M
$-151.0M
Q1 24
$-167.0M
Gross Margin
BIPC
BIPC
BLCO
BLCO
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Q1 24
Operating Margin
BIPC
BIPC
BLCO
BLCO
Q4 25
8.0%
Q3 25
7.4%
Q2 25
62.7%
-0.9%
Q1 25
-7.3%
Q4 24
6.8%
Q3 24
3.6%
Q2 24
61.9%
2.1%
Q1 24
0.5%
Net Margin
BIPC
BIPC
BLCO
BLCO
Q4 25
-4.1%
Q3 25
-2.2%
Q2 25
-35.7%
-4.9%
Q1 25
-18.6%
Q4 24
-0.2%
Q3 24
0.3%
Q2 24
70.8%
-12.4%
Q1 24
-15.2%
EPS (diluted)
BIPC
BIPC
BLCO
BLCO
Q4 25
$-0.16
Q3 25
$-0.08
Q2 25
$-0.18
Q1 25
$-0.60
Q4 24
$-0.00
Q3 24
$0.01
Q2 24
$-0.43
Q1 24
$-0.48

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
BLCO
BLCO
Cash + ST InvestmentsLiquidity on hand
$1.2B
$383.0M
Total DebtLower is stronger
$5.0B
Stockholders' EquityBook value
$2.2B
$6.4B
Total Assets
$23.9B
$14.0B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
BLCO
BLCO
Q4 25
$383.0M
Q3 25
$310.0M
Q2 25
$1.2B
$266.0M
Q1 25
$202.0M
Q4 24
$305.0M
Q3 24
$329.0M
Q2 24
$466.0M
$285.0M
Q1 24
$315.0M
Total Debt
BIPC
BIPC
BLCO
BLCO
Q4 25
$5.0B
Q3 25
$5.0B
Q2 25
$5.0B
Q1 25
$4.8B
Q4 24
$4.8B
Q3 24
$4.6B
Q2 24
$4.6B
Q1 24
$4.6B
Stockholders' Equity
BIPC
BIPC
BLCO
BLCO
Q4 25
$6.4B
Q3 25
$6.4B
Q2 25
$2.2B
$6.4B
Q1 25
$6.4B
Q4 24
$6.5B
Q3 24
$6.6B
Q2 24
$3.5B
$6.5B
Q1 24
$6.7B
Total Assets
BIPC
BIPC
BLCO
BLCO
Q4 25
$14.0B
Q3 25
$13.8B
Q2 25
$23.9B
$13.8B
Q1 25
$13.4B
Q4 24
$13.5B
Q3 24
$13.5B
Q2 24
$23.7B
$13.3B
Q1 24
$13.3B
Debt / Equity
BIPC
BIPC
BLCO
BLCO
Q4 25
0.78×
Q3 25
0.77×
Q2 25
0.77×
Q1 25
0.76×
Q4 24
0.74×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.69×

Cash Flow & Capital Efficiency

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

Metric
BIPC
BIPC
BLCO
BLCO
Operating Cash FlowLast quarter
$478.0M
$136.0M
Free Cash FlowOCF − Capex
$60.0M
FCF MarginFCF / Revenue
4.3%
Capex IntensityCapex / Revenue
5.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-66.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
BLCO
BLCO
Q4 25
$136.0M
Q3 25
$137.0M
Q2 25
$478.0M
$35.0M
Q1 25
$-25.0M
Q4 24
$22.0M
Q3 24
$154.0M
Q2 24
$511.0M
$15.0M
Q1 24
$41.0M
Free Cash Flow
BIPC
BIPC
BLCO
BLCO
Q4 25
$60.0M
Q3 25
$63.0M
Q2 25
$-54.0M
Q1 25
$-135.0M
Q4 24
$-70.0M
Q3 24
$94.0M
Q2 24
$-57.0M
Q1 24
$-26.0M
FCF Margin
BIPC
BIPC
BLCO
BLCO
Q4 25
4.3%
Q3 25
4.9%
Q2 25
-4.2%
Q1 25
-11.9%
Q4 24
-5.5%
Q3 24
7.9%
Q2 24
-4.7%
Q1 24
-2.4%
Capex Intensity
BIPC
BIPC
BLCO
BLCO
Q4 25
5.4%
Q3 25
5.8%
Q2 25
7.0%
Q1 25
9.7%
Q4 24
7.2%
Q3 24
5.0%
Q2 24
5.9%
Q1 24
6.1%
Cash Conversion
BIPC
BIPC
BLCO
BLCO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
38.50×
Q2 24
0.79×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

BLCO
BLCO

Overthe Counter Products$489.0M35%
Pharmaceuticals$378.0M27%
Other$263.0M19%
Surgical$249.0M18%
Brandedand Other Generic Products$14.0M1%
Other Revenues$3.0M0%
Pharmaceutical Products$2.0M0%

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