vs

Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Maxeon Solar Technologies, Ltd. (MAXN). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $509.0M, roughly 1.7× Maxeon Solar Technologies, Ltd.). Brookfield Infrastructure Corp runs the higher net margin — -35.7% vs -120.7%, a 85.0% gap on every dollar of revenue. On growth, Brookfield Infrastructure Corp posted the faster year-over-year revenue change (-4.6% vs -54.7%).

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.

Maxeon Solar Technologies, Ltd. is a Singapore-based company that designs and manufactures photovoltaic panels. The company was previously a division of the American company SunPower. Maxeon was spun off from SunPower in August 2020. Maxeon was the primary provider of solar panels for SunPower through March 2024. Beyond the United States, Maxeon has sales operations in more than 100 countries and has the rights to use the SunPower brand in countries outside the United States.

BIPC vs MAXN — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.7× larger
BIPC
$866.0M
$509.0M
MAXN
Growing faster (revenue YoY)
BIPC
BIPC
+50.0% gap
BIPC
-4.6%
-54.7%
MAXN
Higher net margin
BIPC
BIPC
85.0% more per $
BIPC
-35.7%
-120.7%
MAXN

Income Statement — Q2 FY2025 vs Q4 FY2024

Metric
BIPC
BIPC
MAXN
MAXN
Revenue
$866.0M
$509.0M
Net Profit
$-309.0M
$-614.3M
Gross Margin
65.0%
Operating Margin
62.7%
-113.3%
Net Margin
-35.7%
-120.7%
Revenue YoY
-4.6%
-54.7%
Net Profit YoY
-148.1%
-122.7%
EPS (diluted)
$-96.00

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
MAXN
MAXN
Q2 25
$866.0M
Q4 24
$509.0M
Q2 24
$908.0M
Q2 23
$538.0M
$223.1M
Q2 22
$479.0M
Net Profit
BIPC
BIPC
MAXN
MAXN
Q2 25
$-309.0M
Q4 24
$-614.3M
Q2 24
$643.0M
Q2 23
$-154.0M
$-59.2M
Q2 22
$842.0M
Gross Margin
BIPC
BIPC
MAXN
MAXN
Q2 25
65.0%
Q4 24
Q2 24
63.8%
Q2 23
72.3%
Q2 22
72.7%
Operating Margin
BIPC
BIPC
MAXN
MAXN
Q2 25
62.7%
Q4 24
-113.3%
Q2 24
61.9%
Q2 23
69.1%
-22.6%
Q2 22
69.1%
Net Margin
BIPC
BIPC
MAXN
MAXN
Q2 25
-35.7%
Q4 24
-120.7%
Q2 24
70.8%
Q2 23
-28.6%
-26.5%
Q2 22
175.8%
EPS (diluted)
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
$-96.00
Q2 24
Q2 23
$-1.45
Q2 22

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
MAXN
MAXN
Cash + ST InvestmentsLiquidity on hand
$1.2B
$28.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$-293.8M
Total Assets
$23.9B
$376.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
MAXN
MAXN
Q2 25
$1.2B
Q4 24
$28.9M
Q2 24
$466.0M
Q2 23
$356.0M
$227.4M
Q2 22
$512.0M
Total Debt
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
Q2 24
Q2 23
$1.6M
Q2 22
Stockholders' Equity
BIPC
BIPC
MAXN
MAXN
Q2 25
$2.2B
Q4 24
$-293.8M
Q2 24
$3.5B
Q2 23
$-764.0M
$48.1M
Q2 22
$-1.1B
Total Assets
BIPC
BIPC
MAXN
MAXN
Q2 25
$23.9B
Q4 24
$376.3M
Q2 24
$23.7B
Q2 23
$11.0B
$1.3B
Q2 22
$10.0B
Debt / Equity
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
Q2 24
Q2 23
0.03×
Q2 22

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
MAXN
MAXN
Operating Cash FlowLast quarter
$478.0M
$-270.2M
Free Cash FlowOCF − Capex
$-322.3M
FCF MarginFCF / Revenue
-63.3%
Capex IntensityCapex / Revenue
10.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
MAXN
MAXN
Q2 25
$478.0M
Q4 24
$-270.2M
Q2 24
$511.0M
Q2 23
$265.0M
$14.7M
Q2 22
$232.0M
Free Cash Flow
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
$-322.3M
Q2 24
Q2 23
$-7.0M
Q2 22
FCF Margin
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
-63.3%
Q2 24
Q2 23
-3.1%
Q2 22
Capex Intensity
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
10.2%
Q2 24
Q2 23
9.7%
Q2 22
Cash Conversion
BIPC
BIPC
MAXN
MAXN
Q2 25
Q4 24
Q2 24
0.79×
Q2 23
Q2 22
0.28×

Financial Flow Comparison

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

Related Comparisons