vs

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

Global Payments is the larger business by last-quarter revenue ($1.3B vs $866.0M, roughly 1.5× Brookfield Infrastructure Corp). Global Payments runs the higher net margin — 16.4% vs -35.7%, a 52.0% gap on every dollar of revenue. On growth, Brookfield Infrastructure Corp posted the faster year-over-year revenue change (-4.6% vs -47.1%).

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.

Global Payments Inc. is an American multinational financial technology company that provides payment technology and services to merchants, issuers and consumers. In June 2021, the company was named to the Fortune 500. The company processes payments made through credit cards, debit cards, and digital and contactless payments.

BIPC vs GPN — Head-to-Head

Bigger by revenue
GPN
GPN
1.5× larger
GPN
$1.3B
$866.0M
BIPC
Growing faster (revenue YoY)
BIPC
BIPC
+42.5% gap
BIPC
-4.6%
-47.1%
GPN
Higher net margin
GPN
GPN
52.0% more per $
GPN
16.4%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
GPN
GPN
Revenue
$866.0M
$1.3B
Net Profit
$-309.0M
$217.5M
Gross Margin
65.0%
89.7%
Operating Margin
62.7%
5.9%
Net Margin
-35.7%
16.4%
Revenue YoY
-4.6%
-47.1%
Net Profit YoY
-148.1%
-61.6%
EPS (diluted)
$0.91

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
GPN
GPN
Q4 25
$1.3B
Q3 25
$2.0B
Q2 25
$866.0M
$2.0B
Q1 25
$2.4B
Q4 24
$2.5B
Q3 24
$2.6B
Q2 24
$908.0M
$2.6B
Q1 24
$2.4B
Net Profit
BIPC
BIPC
GPN
GPN
Q4 25
$217.5M
Q3 25
$635.2M
Q2 25
$-309.0M
$241.6M
Q1 25
$305.7M
Q4 24
$567.2M
Q3 24
$315.1M
Q2 24
$643.0M
$374.8M
Q1 24
$313.3M
Gross Margin
BIPC
BIPC
GPN
GPN
Q4 25
89.7%
Q3 25
72.3%
Q2 25
65.0%
74.5%
Q1 25
61.8%
Q4 24
62.1%
Q3 24
63.6%
Q2 24
63.8%
63.5%
Q1 24
61.9%
Operating Margin
BIPC
BIPC
GPN
GPN
Q4 25
5.9%
Q3 25
38.8%
Q2 25
62.7%
21.8%
Q1 25
19.5%
Q4 24
33.1%
Q3 24
18.3%
Q2 24
61.9%
22.3%
Q1 24
18.7%
Net Margin
BIPC
BIPC
GPN
GPN
Q4 25
16.4%
Q3 25
31.6%
Q2 25
-35.7%
12.3%
Q1 25
12.7%
Q4 24
22.5%
Q3 24
12.1%
Q2 24
70.8%
14.6%
Q1 24
12.9%
EPS (diluted)
BIPC
BIPC
GPN
GPN
Q4 25
$0.91
Q3 25
$2.64
Q2 25
$0.99
Q1 25
$1.24
Q4 24
$2.23
Q3 24
$1.24
Q2 24
$1.47
Q1 24
$1.22

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
GPN
GPN
Cash + ST InvestmentsLiquidity on hand
$1.2B
$8.3B
Total DebtLower is stronger
$19.5B
Stockholders' EquityBook value
$2.2B
$22.9B
Total Assets
$23.9B
$53.3B
Debt / EquityLower = less leverage
0.85×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
GPN
GPN
Q4 25
$8.3B
Q3 25
$2.6B
Q2 25
$1.2B
$2.6B
Q1 25
$2.9B
Q4 24
$2.5B
Q3 24
$2.9B
Q2 24
$466.0M
$2.1B
Q1 24
$2.2B
Total Debt
BIPC
BIPC
GPN
GPN
Q4 25
$19.5B
Q3 25
$13.3B
Q2 25
$14.2B
Q1 25
$15.0B
Q4 24
$15.2B
Q3 24
$15.2B
Q2 24
$15.6B
Q1 24
$15.6B
Stockholders' Equity
BIPC
BIPC
GPN
GPN
Q4 25
$22.9B
Q3 25
$22.7B
Q2 25
$2.2B
$22.6B
Q1 25
$22.2B
Q4 24
$22.3B
Q3 24
$22.8B
Q2 24
$3.5B
$22.4B
Q1 24
$22.2B
Total Assets
BIPC
BIPC
GPN
GPN
Q4 25
$53.3B
Q3 25
$48.0B
Q2 25
$23.9B
$48.5B
Q1 25
$47.6B
Q4 24
$46.9B
Q3 24
$50.0B
Q2 24
$23.7B
$50.8B
Q1 24
$51.8B
Debt / Equity
BIPC
BIPC
GPN
GPN
Q4 25
0.85×
Q3 25
0.59×
Q2 25
0.63×
Q1 25
0.67×
Q4 24
0.68×
Q3 24
0.67×
Q2 24
0.70×
Q1 24
0.70×

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
GPN
GPN
Operating Cash FlowLast quarter
$478.0M
$515.2M
Free Cash FlowOCF − Capex
$347.0M
FCF MarginFCF / Revenue
26.1%
Capex IntensityCapex / Revenue
12.7%
Cash ConversionOCF / Net Profit
2.37×
TTM Free Cash FlowTrailing 4 quarters
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
GPN
GPN
Q4 25
$515.2M
Q3 25
$768.7M
Q2 25
$478.0M
$817.5M
Q1 25
$555.1M
Q4 24
$653.4M
Q3 24
$1.7B
Q2 24
$511.0M
$736.9M
Q1 24
$416.3M
Free Cash Flow
BIPC
BIPC
GPN
GPN
Q4 25
$347.0M
Q3 25
$598.9M
Q2 25
$665.4M
Q1 25
$427.5M
Q4 24
$469.4M
Q3 24
$1.6B
Q2 24
$557.7M
Q1 24
$270.9M
FCF Margin
BIPC
BIPC
GPN
GPN
Q4 25
26.1%
Q3 25
29.8%
Q2 25
34.0%
Q1 25
17.7%
Q4 24
18.7%
Q3 24
60.0%
Q2 24
21.7%
Q1 24
11.2%
Capex Intensity
BIPC
BIPC
GPN
GPN
Q4 25
12.7%
Q3 25
8.5%
Q2 25
7.8%
Q1 25
5.3%
Q4 24
7.3%
Q3 24
6.4%
Q2 24
7.0%
Q1 24
6.0%
Cash Conversion
BIPC
BIPC
GPN
GPN
Q4 25
2.37×
Q3 25
1.21×
Q2 25
3.38×
Q1 25
1.82×
Q4 24
1.15×
Q3 24
5.48×
Q2 24
0.79×
1.97×
Q1 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

GPN
GPN

Integrated And Embedded Solutions$869.3M65%
Point Of Sale And Software Solutions$281.7M21%
Other$178.4M13%

Related Comparisons