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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Interactive Brokers Group, Inc. (IBKR). Click either name above to swap in a different company.

Interactive Brokers Group, Inc. is the larger business by last-quarter revenue ($1.7B vs $866.0M, roughly 1.9× Brookfield Infrastructure Corp). Interactive Brokers Group, Inc. runs the higher net margin — 70.2% vs -35.7%, a 105.8% gap on every dollar of revenue. On growth, Interactive Brokers Group, Inc. posted the faster year-over-year revenue change (17.0% 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.

Interactive Brokers, Inc. is an American multinational brokerage firm headquartered in Greenwich, Connecticut. It operates the largest electronic trading platform in the United States by number of daily average revenue trades. In 2024, the platform processed an average of 2.6 million trades per trading day. Interactive Brokers is the largest foreign exchange market broker and is one of the largest prime brokers servicing commodity brokers. The company brokers stocks, options, futures contract...

BIPC vs IBKR — Head-to-Head

Bigger by revenue
IBKR
IBKR
1.9× larger
IBKR
$1.7B
$866.0M
BIPC
Growing faster (revenue YoY)
IBKR
IBKR
+21.6% gap
IBKR
17.0%
-4.6%
BIPC
Higher net margin
IBKR
IBKR
105.8% more per $
IBKR
70.2%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
IBKR
IBKR
Revenue
$866.0M
$1.7B
Net Profit
$-309.0M
$1.2B
Gross Margin
65.0%
Operating Margin
62.7%
Net Margin
-35.7%
70.2%
Revenue YoY
-4.6%
17.0%
Net Profit YoY
-148.1%
21.5%
EPS (diluted)
$0.59

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
IBKR
IBKR
Q1 26
$1.7B
Q4 25
$667.0M
Q3 25
$603.0M
Q2 25
$866.0M
$578.0M
Q1 25
$592.0M
Q4 24
$558.0M
Q3 24
$507.0M
Q2 24
$908.0M
$474.0M
Net Profit
BIPC
BIPC
IBKR
IBKR
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$-309.0M
$1.0B
Q1 25
$964.0M
Q4 24
$969.0M
Q3 24
$834.0M
Q2 24
$643.0M
$809.0M
Gross Margin
BIPC
BIPC
IBKR
IBKR
Q1 26
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Operating Margin
BIPC
BIPC
IBKR
IBKR
Q1 26
Q4 25
Q3 25
Q2 25
62.7%
Q1 25
Q4 24
Q3 24
Q2 24
61.9%
Net Margin
BIPC
BIPC
IBKR
IBKR
Q1 26
70.2%
Q4 25
180.1%
Q3 25
196.7%
Q2 25
-35.7%
174.0%
Q1 25
162.8%
Q4 24
173.7%
Q3 24
164.5%
Q2 24
70.8%
170.7%
EPS (diluted)
BIPC
BIPC
IBKR
IBKR
Q1 26
$0.59
Q4 25
$-0.82
Q3 25
$0.59
Q2 25
$0.51
Q1 25
$1.94
Q4 24
$2.00
Q3 24
$1.67
Q2 24
$1.65

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
IBKR
IBKR
Cash + ST InvestmentsLiquidity on hand
$1.2B
$5.1B
Total DebtLower is stronger
$12.0M
Stockholders' EquityBook value
$2.2B
$5.6B
Total Assets
$23.9B
$218.7B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
IBKR
IBKR
Q1 26
$5.1B
Q4 25
$5.0B
Q3 25
$5.1B
Q2 25
$1.2B
$4.7B
Q1 25
$3.5B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$466.0M
$3.9B
Total Debt
BIPC
BIPC
IBKR
IBKR
Q1 26
$12.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BIPC
BIPC
IBKR
IBKR
Q1 26
$5.6B
Q4 25
$5.4B
Q3 25
$5.1B
Q2 25
$2.2B
$4.8B
Q1 25
$4.5B
Q4 24
$4.3B
Q3 24
$4.1B
Q2 24
$3.5B
$3.9B
Total Assets
BIPC
BIPC
IBKR
IBKR
Q1 26
$218.7B
Q4 25
$203.2B
Q3 25
$200.2B
Q2 25
$23.9B
$181.5B
Q1 25
$157.7B
Q4 24
$150.1B
Q3 24
$148.5B
Q2 24
$23.7B
$136.6B
Debt / Equity
BIPC
BIPC
IBKR
IBKR
Q1 26
0.00×
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
BIPC
BIPC
IBKR
IBKR
Operating Cash FlowLast quarter
$478.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
IBKR
IBKR
Q1 26
Q4 25
$1.6B
Q3 25
$4.5B
Q2 25
$478.0M
$7.1B
Q1 25
$2.6B
Q4 24
$1.8B
Q3 24
$3.6B
Q2 24
$511.0M
$1.6B
Cash Conversion
BIPC
BIPC
IBKR
IBKR
Q1 26
Q4 25
1.34×
Q3 25
3.78×
Q2 25
7.10×
Q1 25
2.68×
Q4 24
1.90×
Q3 24
4.29×
Q2 24
0.79×
2.00×

Financial Flow Comparison

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

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