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

Microchip Technology is the larger business by last-quarter revenue ($1.2B vs $866.0M, roughly 1.4× Brookfield Infrastructure Corp). Microchip Technology runs the higher net margin — 5.3% vs -35.7%, a 41.0% gap on every dollar of revenue. On growth, Microchip Technology posted the faster year-over-year revenue change (15.6% 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.

Microchip Technology Incorporated is an American publicly traded semiconductor corporation that manufactures microcontroller, mixed-signal, analog, and Flash-IP integrated circuits.

BIPC vs MCHP — Head-to-Head

Bigger by revenue
MCHP
MCHP
1.4× larger
MCHP
$1.2B
$866.0M
BIPC
Growing faster (revenue YoY)
MCHP
MCHP
+20.2% gap
MCHP
15.6%
-4.6%
BIPC
Higher net margin
MCHP
MCHP
41.0% more per $
MCHP
5.3%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIPC
BIPC
MCHP
MCHP
Revenue
$866.0M
$1.2B
Net Profit
$-309.0M
$62.7M
Gross Margin
65.0%
59.6%
Operating Margin
62.7%
12.8%
Net Margin
-35.7%
5.3%
Revenue YoY
-4.6%
15.6%
Net Profit YoY
-148.1%
217.0%
EPS (diluted)
$0.06

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
MCHP
MCHP
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$866.0M
$1.1B
Q1 25
$970.5M
Q4 24
$1.0B
Q3 24
$1.2B
Q2 24
$908.0M
$1.2B
Q1 24
$1.3B
Net Profit
BIPC
BIPC
MCHP
MCHP
Q4 25
$62.7M
Q3 25
$41.7M
Q2 25
$-309.0M
$-18.6M
Q1 25
$-154.6M
Q4 24
$-53.6M
Q3 24
$78.4M
Q2 24
$643.0M
$129.3M
Q1 24
$154.7M
Gross Margin
BIPC
BIPC
MCHP
MCHP
Q4 25
59.6%
Q3 25
55.9%
Q2 25
65.0%
53.6%
Q1 25
51.6%
Q4 24
54.7%
Q3 24
57.4%
Q2 24
63.8%
59.4%
Q1 24
59.6%
Operating Margin
BIPC
BIPC
MCHP
MCHP
Q4 25
12.8%
Q3 25
7.8%
Q2 25
62.7%
3.0%
Q1 25
-10.3%
Q4 24
3.0%
Q3 24
12.6%
Q2 24
61.9%
17.7%
Q1 24
19.1%
Net Margin
BIPC
BIPC
MCHP
MCHP
Q4 25
5.3%
Q3 25
3.7%
Q2 25
-35.7%
-1.7%
Q1 25
-15.9%
Q4 24
-5.2%
Q3 24
6.7%
Q2 24
70.8%
10.4%
Q1 24
11.7%
EPS (diluted)
BIPC
BIPC
MCHP
MCHP
Q4 25
$0.06
Q3 25
$0.03
Q2 25
$-0.09
Q1 25
$-0.29
Q4 24
$-0.10
Q3 24
$0.14
Q2 24
$0.24
Q1 24
$0.29

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
MCHP
MCHP
Cash + ST InvestmentsLiquidity on hand
$1.2B
$250.7M
Total DebtLower is stronger
$5.4B
Stockholders' EquityBook value
$2.2B
$6.6B
Total Assets
$23.9B
$14.3B
Debt / EquityLower = less leverage
0.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
MCHP
MCHP
Q4 25
$250.7M
Q3 25
$236.8M
Q2 25
$1.2B
$566.5M
Q1 25
$771.7M
Q4 24
$586.0M
Q3 24
$286.1M
Q2 24
$466.0M
$315.1M
Q1 24
$319.7M
Total Debt
BIPC
BIPC
MCHP
MCHP
Q4 25
$5.4B
Q3 25
$5.4B
Q2 25
$5.5B
Q1 25
$5.6B
Q4 24
$6.7B
Q3 24
$6.4B
Q2 24
$6.2B
Q1 24
$6.0B
Stockholders' Equity
BIPC
BIPC
MCHP
MCHP
Q4 25
$6.6B
Q3 25
$6.7B
Q2 25
$2.2B
$6.9B
Q1 25
$7.1B
Q4 24
$6.0B
Q3 24
$6.3B
Q2 24
$3.5B
$6.4B
Q1 24
$6.7B
Total Assets
BIPC
BIPC
MCHP
MCHP
Q4 25
$14.3B
Q3 25
$14.5B
Q2 25
$23.9B
$15.0B
Q1 25
$15.4B
Q4 24
$15.6B
Q3 24
$15.6B
Q2 24
$23.7B
$15.8B
Q1 24
$15.9B
Debt / Equity
BIPC
BIPC
MCHP
MCHP
Q4 25
0.82×
Q3 25
0.80×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
1.12×
Q3 24
1.02×
Q2 24
0.96×
Q1 24
0.90×

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
MCHP
MCHP
Operating Cash FlowLast quarter
$478.0M
$341.4M
Free Cash FlowOCF − Capex
$318.9M
FCF MarginFCF / Revenue
26.9%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
5.44×
TTM Free Cash FlowTrailing 4 quarters
$819.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
MCHP
MCHP
Q4 25
$341.4M
Q3 25
$88.1M
Q2 25
$478.0M
$275.6M
Q1 25
$205.9M
Q4 24
$271.5M
Q3 24
$43.6M
Q2 24
$511.0M
$377.1M
Q1 24
$430.0M
Free Cash Flow
BIPC
BIPC
MCHP
MCHP
Q4 25
$318.9M
Q3 25
$51.6M
Q2 25
$257.7M
Q1 25
$191.7M
Q4 24
$253.4M
Q3 24
$22.8M
Q2 24
$304.2M
Q1 24
$389.9M
FCF Margin
BIPC
BIPC
MCHP
MCHP
Q4 25
26.9%
Q3 25
4.5%
Q2 25
24.0%
Q1 25
19.8%
Q4 24
24.7%
Q3 24
2.0%
Q2 24
24.5%
Q1 24
29.4%
Capex Intensity
BIPC
BIPC
MCHP
MCHP
Q4 25
1.9%
Q3 25
3.2%
Q2 25
1.7%
Q1 25
1.5%
Q4 24
1.8%
Q3 24
1.8%
Q2 24
5.9%
Q1 24
3.0%
Cash Conversion
BIPC
BIPC
MCHP
MCHP
Q4 25
5.44×
Q3 25
2.11×
Q2 25
Q1 25
Q4 24
Q3 24
0.56×
Q2 24
0.79×
2.92×
Q1 24
2.78×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

MCHP
MCHP

Mixed Signal Microcontrollers$586.5M49%
Analog$322.9M27%
Other Product Line$276.6M23%

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