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

GLOBALFOUNDRIES Inc. is the larger business by last-quarter revenue ($1.7B vs $866.0M, roughly 1.9× Brookfield Infrastructure Corp). GLOBALFOUNDRIES Inc. runs the higher net margin — 14.8% vs -35.7%, a 50.4% gap on every dollar of revenue. On growth, GLOBALFOUNDRIES Inc. posted the faster year-over-year revenue change (-2.9% 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.

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company domiciled in the Cayman Islands and headquartered in Malta, New York. Created by the divestiture of the manufacturing arm of AMD in March 2009, the company was privately owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates, until an initial public offering (IPO) in October 2021. Mubadala remains the majority owner of the company with an 82% stake.

BIPC vs GFS — Head-to-Head

Bigger by revenue
GFS
GFS
1.9× larger
GFS
$1.7B
$866.0M
BIPC
Growing faster (revenue YoY)
GFS
GFS
+1.7% gap
GFS
-2.9%
-4.6%
BIPC
Higher net margin
GFS
GFS
50.4% more per $
GFS
14.8%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BIPC
BIPC
GFS
GFS
Revenue
$866.0M
$1.7B
Net Profit
$-309.0M
$249.0M
Gross Margin
65.0%
24.8%
Operating Margin
62.7%
11.6%
Net Margin
-35.7%
14.8%
Revenue YoY
-4.6%
-2.9%
Net Profit YoY
-148.1%
39.9%
EPS (diluted)
$0.44

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
GFS
GFS
Q3 25
$1.7B
Q2 25
$866.0M
$1.7B
Q1 25
$1.6B
Q3 24
$1.7B
Q2 24
$908.0M
$1.6B
Q1 24
$1.5B
Q3 23
$1.9B
Q2 23
$538.0M
$1.8B
Net Profit
BIPC
BIPC
GFS
GFS
Q3 25
$249.0M
Q2 25
$-309.0M
$228.0M
Q1 25
$211.0M
Q3 24
$178.0M
Q2 24
$643.0M
$155.0M
Q1 24
$134.0M
Q3 23
$249.0M
Q2 23
$-154.0M
$237.0M
Gross Margin
BIPC
BIPC
GFS
GFS
Q3 25
24.8%
Q2 25
65.0%
24.2%
Q1 25
22.4%
Q3 24
23.8%
Q2 24
63.8%
24.2%
Q1 24
25.4%
Q3 23
28.6%
Q2 23
72.3%
28.8%
Operating Margin
BIPC
BIPC
GFS
GFS
Q3 25
11.6%
Q2 25
62.7%
11.6%
Q1 25
9.5%
Q3 24
10.6%
Q2 24
61.9%
9.5%
Q1 24
9.5%
Q3 23
14.1%
Q2 23
69.1%
14.9%
Net Margin
BIPC
BIPC
GFS
GFS
Q3 25
14.8%
Q2 25
-35.7%
13.5%
Q1 25
13.3%
Q3 24
10.2%
Q2 24
70.8%
9.5%
Q1 24
8.7%
Q3 23
13.4%
Q2 23
-28.6%
12.8%
EPS (diluted)
BIPC
BIPC
GFS
GFS
Q3 25
$0.44
Q2 25
$0.41
Q1 25
$0.38
Q3 24
$0.32
Q2 24
$0.28
Q1 24
$0.24
Q3 23
$0.45
Q2 23
$0.43

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
GFS
GFS
Cash + ST InvestmentsLiquidity on hand
$1.2B
$2.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$11.8B
Total Assets
$23.9B
$16.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
GFS
GFS
Q3 25
$2.0B
Q2 25
$1.2B
$1.8B
Q1 25
$1.6B
Q3 24
$2.3B
Q2 24
$466.0M
$2.2B
Q1 24
$2.2B
Q3 23
$1.9B
Q2 23
$356.0M
$1.8B
Stockholders' Equity
BIPC
BIPC
GFS
GFS
Q3 25
$11.8B
Q2 25
$2.2B
$11.5B
Q1 25
$11.1B
Q3 24
$11.6B
Q2 24
$3.5B
$11.3B
Q1 24
$11.3B
Q3 23
$10.8B
Q2 23
$-764.0M
$10.6B
Total Assets
BIPC
BIPC
GFS
GFS
Q3 25
$16.7B
Q2 25
$23.9B
$16.8B
Q1 25
$16.5B
Q3 24
$18.1B
Q2 24
$23.7B
Q1 24
Q3 23
$17.8B
Q2 23
$11.0B
$17.8B

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
GFS
GFS
Operating Cash FlowLast quarter
$478.0M
$595.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
GFS
GFS
Q3 25
$595.0M
Q2 25
$478.0M
$431.0M
Q1 25
$331.0M
Q3 24
$375.0M
Q2 24
$511.0M
$402.0M
Q1 24
$488.0M
Q3 23
$416.0M
Q2 23
$265.0M
$546.0M
Cash Conversion
BIPC
BIPC
GFS
GFS
Q3 25
2.39×
Q2 25
1.89×
Q1 25
1.57×
Q3 24
2.11×
Q2 24
0.79×
2.59×
Q1 24
3.64×
Q3 23
1.67×
Q2 23
2.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

GFS
GFS

Smart Mobile Devices$752.0M45%
Automotive$306.0M18%
Home And Industrial Io T$258.0M15%
Goods Or Services Transferred Over Time$198.0M12%
Communications Infrastructure Datacenter$175.0M10%

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