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

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $826.4M, roughly 1.0× GLOBUS MEDICAL INC). GLOBUS MEDICAL INC runs the higher net margin — 17.0% vs -35.7%, a 52.7% gap on every dollar of revenue. On growth, GLOBUS MEDICAL INC posted the faster year-over-year revenue change (25.7% 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.

Globus Medical, Inc. is a publicly traded orthopedic medical device company headquartered in Audubon, Pennsylvania, United States. Globus is focused on the design, development, and commercialization of products that enable surgeons to promote healing in patients with musculoskeletal disorders.

BIPC vs GMED — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.0× larger
BIPC
$866.0M
$826.4M
GMED
Growing faster (revenue YoY)
GMED
GMED
+30.4% gap
GMED
25.7%
-4.6%
BIPC
Higher net margin
GMED
GMED
52.7% more per $
GMED
17.0%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
GMED
GMED
Revenue
$866.0M
$826.4M
Net Profit
$-309.0M
$140.6M
Gross Margin
65.0%
68.4%
Operating Margin
62.7%
20.5%
Net Margin
-35.7%
17.0%
Revenue YoY
-4.6%
25.7%
Net Profit YoY
-148.1%
430.4%
EPS (diluted)
$1.01

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
GMED
GMED
Q4 25
$826.4M
Q3 25
$769.0M
Q2 25
$866.0M
$745.3M
Q1 25
$598.1M
Q4 24
$657.3M
Q3 24
$625.7M
Q2 24
$908.0M
$629.7M
Q1 24
$606.7M
Net Profit
BIPC
BIPC
GMED
GMED
Q4 25
$140.6M
Q3 25
$119.0M
Q2 25
$-309.0M
$202.8M
Q1 25
$75.5M
Q4 24
$26.5M
Q3 24
$51.8M
Q2 24
$643.0M
$31.8M
Q1 24
$-7.1M
Gross Margin
BIPC
BIPC
GMED
GMED
Q4 25
68.4%
Q3 25
67.2%
Q2 25
65.0%
66.6%
Q1 25
67.3%
Q4 24
59.9%
Q3 24
56.8%
Q2 24
63.8%
58.7%
Q1 24
60.2%
Operating Margin
BIPC
BIPC
GMED
GMED
Q4 25
20.5%
Q3 25
17.9%
Q2 25
62.7%
10.2%
Q1 25
16.2%
Q4 24
9.2%
Q3 24
7.7%
Q2 24
61.9%
7.9%
Q1 24
1.3%
Net Margin
BIPC
BIPC
GMED
GMED
Q4 25
17.0%
Q3 25
15.5%
Q2 25
-35.7%
27.2%
Q1 25
12.6%
Q4 24
4.0%
Q3 24
8.3%
Q2 24
70.8%
5.0%
Q1 24
-1.2%
EPS (diluted)
BIPC
BIPC
GMED
GMED
Q4 25
$1.01
Q3 25
$0.88
Q2 25
$1.49
Q1 25
$0.54
Q4 24
$0.19
Q3 24
$0.38
Q2 24
$0.23
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
GMED
GMED
Cash + ST InvestmentsLiquidity on hand
$1.2B
$557.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$4.6B
Total Assets
$23.9B
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
GMED
GMED
Q4 25
$557.2M
Q3 25
$18.8M
Q2 25
$1.2B
Q1 25
Q4 24
$890.1M
Q3 24
$71.9M
Q2 24
$466.0M
$82.5M
Q1 24
$80.4M
Stockholders' Equity
BIPC
BIPC
GMED
GMED
Q4 25
$4.6B
Q3 25
$4.4B
Q2 25
$2.2B
$4.3B
Q1 25
$4.1B
Q4 24
$4.2B
Q3 24
$4.1B
Q2 24
$3.5B
$4.0B
Q1 24
$3.9B
Total Assets
BIPC
BIPC
GMED
GMED
Q4 25
$5.3B
Q3 25
$5.1B
Q2 25
$23.9B
$5.0B
Q1 25
$4.7B
Q4 24
$5.3B
Q3 24
$5.1B
Q2 24
$23.7B
$5.0B
Q1 24
$4.9B

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
GMED
GMED
Operating Cash FlowLast quarter
$478.0M
$248.6M
Free Cash FlowOCF − Capex
$202.4M
FCF MarginFCF / Revenue
24.5%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$588.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
GMED
GMED
Q4 25
$248.6M
Q3 25
$249.7M
Q2 25
$478.0M
$77.9M
Q1 25
$177.3M
Q4 24
$210.3M
Q3 24
$203.7M
Q2 24
$511.0M
$54.3M
Q1 24
$52.4M
Free Cash Flow
BIPC
BIPC
GMED
GMED
Q4 25
$202.4M
Q3 25
$213.9M
Q2 25
$31.3M
Q1 25
$141.2M
Q4 24
$193.2M
Q3 24
$161.7M
Q2 24
$26.5M
Q1 24
$23.8M
FCF Margin
BIPC
BIPC
GMED
GMED
Q4 25
24.5%
Q3 25
27.8%
Q2 25
4.2%
Q1 25
23.6%
Q4 24
29.4%
Q3 24
25.8%
Q2 24
4.2%
Q1 24
3.9%
Capex Intensity
BIPC
BIPC
GMED
GMED
Q4 25
5.6%
Q3 25
4.7%
Q2 25
6.2%
Q1 25
6.0%
Q4 24
2.6%
Q3 24
6.7%
Q2 24
4.4%
Q1 24
4.7%
Cash Conversion
BIPC
BIPC
GMED
GMED
Q4 25
1.77×
Q3 25
2.10×
Q2 25
0.38×
Q1 25
2.35×
Q4 24
7.94×
Q3 24
3.93×
Q2 24
0.79×
1.71×
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.

GMED
GMED

Other$391.8M47%
Nevro Merger Agreement$293.6M36%
Enabling Technologies$141.0M17%

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