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

Match Group is the larger business by last-quarter revenue ($878.0M vs $866.0M, roughly 1.0× Brookfield Infrastructure Corp). Match Group runs the higher net margin — 23.9% vs -35.7%, a 59.6% gap on every dollar of revenue. On growth, Match Group posted the faster year-over-year revenue change (2.1% 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.

Match Group, Inc. is an American internet and technology company headquartered in Dallas, Texas. It owns and operates the largest global portfolio of popular online dating services including Tinder, Match.com, Meetic, OkCupid, Hinge, Plenty of Fish, Azar, and other dating global brands. The company was owned by IAC until July 2020 when Match Group was spun off as a separate, public company. As of 2019, the company had 9.3 million subscribers, of which 4.6 million were in North America. Japan ...

BIPC vs MTCH — Head-to-Head

Bigger by revenue
MTCH
MTCH
1.0× larger
MTCH
$878.0M
$866.0M
BIPC
Growing faster (revenue YoY)
MTCH
MTCH
+6.7% gap
MTCH
2.1%
-4.6%
BIPC
Higher net margin
MTCH
MTCH
59.6% more per $
MTCH
23.9%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
MTCH
MTCH
Revenue
$866.0M
$878.0M
Net Profit
$-309.0M
$209.7M
Gross Margin
65.0%
74.7%
Operating Margin
62.7%
32.4%
Net Margin
-35.7%
23.9%
Revenue YoY
-4.6%
2.1%
Net Profit YoY
-148.1%
32.5%
EPS (diluted)
$0.83

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
MTCH
MTCH
Q4 25
$878.0M
Q3 25
$914.3M
Q2 25
$866.0M
$863.7M
Q1 25
$831.2M
Q4 24
$860.2M
Q3 24
$895.5M
Q2 24
$908.0M
$864.1M
Q1 24
$859.6M
Net Profit
BIPC
BIPC
MTCH
MTCH
Q4 25
$209.7M
Q3 25
$160.8M
Q2 25
$-309.0M
$125.5M
Q1 25
$117.6M
Q4 24
$158.3M
Q3 24
$136.5M
Q2 24
$643.0M
$133.3M
Q1 24
$123.2M
Gross Margin
BIPC
BIPC
MTCH
MTCH
Q4 25
74.7%
Q3 25
73.0%
Q2 25
65.0%
72.0%
Q1 25
71.5%
Q4 24
72.5%
Q3 24
71.7%
Q2 24
63.8%
71.6%
Q1 24
70.1%
Operating Margin
BIPC
BIPC
MTCH
MTCH
Q4 25
32.4%
Q3 25
24.2%
Q2 25
62.7%
22.5%
Q1 25
20.8%
Q4 24
26.0%
Q3 24
23.5%
Q2 24
61.9%
23.7%
Q1 24
21.5%
Net Margin
BIPC
BIPC
MTCH
MTCH
Q4 25
23.9%
Q3 25
17.6%
Q2 25
-35.7%
14.5%
Q1 25
14.1%
Q4 24
18.4%
Q3 24
15.2%
Q2 24
70.8%
15.4%
Q1 24
14.3%
EPS (diluted)
BIPC
BIPC
MTCH
MTCH
Q4 25
$0.83
Q3 25
$0.62
Q2 25
$0.49
Q1 25
$0.44
Q4 24
$0.59
Q3 24
$0.51
Q2 24
$0.48
Q1 24
$0.44

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
MTCH
MTCH
Cash + ST InvestmentsLiquidity on hand
$1.2B
$1.0B
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$2.2B
$-253.5M
Total Assets
$23.9B
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
MTCH
MTCH
Q4 25
$1.0B
Q3 25
$1.1B
Q2 25
$1.2B
$340.4M
Q1 25
$414.2M
Q4 24
$970.7M
Q3 24
$860.9M
Q2 24
$466.0M
$843.6M
Q1 24
$920.9M
Total Debt
BIPC
BIPC
MTCH
MTCH
Q4 25
$3.5B
Q3 25
Q2 25
Q1 25
$3.4B
Q4 24
$3.8B
Q3 24
$3.8B
Q2 24
$3.8B
Q1 24
$3.8B
Stockholders' Equity
BIPC
BIPC
MTCH
MTCH
Q4 25
$-253.5M
Q3 25
$-223.9M
Q2 25
$2.2B
$-230.9M
Q1 25
$-182.7M
Q4 24
$-63.7M
Q3 24
$-88.5M
Q2 24
$3.5B
$-130.2M
Q1 24
$-107.8M
Total Assets
BIPC
BIPC
MTCH
MTCH
Q4 25
$4.5B
Q3 25
$4.5B
Q2 25
$23.9B
$3.9B
Q1 25
$3.9B
Q4 24
$4.5B
Q3 24
$4.4B
Q2 24
$23.7B
$4.4B
Q1 24
$4.4B

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
MTCH
MTCH
Operating Cash FlowLast quarter
$478.0M
$322.8M
Free Cash FlowOCF − Capex
$308.1M
FCF MarginFCF / Revenue
35.1%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
1.54×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
MTCH
MTCH
Q4 25
$322.8M
Q3 25
$320.6M
Q2 25
$478.0M
$243.8M
Q1 25
$193.1M
Q4 24
$254.7M
Q3 24
$264.9M
Q2 24
$511.0M
$129.0M
Q1 24
$284.1M
Free Cash Flow
BIPC
BIPC
MTCH
MTCH
Q4 25
$308.1M
Q3 25
$306.8M
Q2 25
$231.0M
Q1 25
$177.7M
Q4 24
$247.1M
Q3 24
$251.8M
Q2 24
$116.3M
Q1 24
$266.9M
FCF Margin
BIPC
BIPC
MTCH
MTCH
Q4 25
35.1%
Q3 25
33.6%
Q2 25
26.7%
Q1 25
21.4%
Q4 24
28.7%
Q3 24
28.1%
Q2 24
13.5%
Q1 24
31.0%
Capex Intensity
BIPC
BIPC
MTCH
MTCH
Q4 25
1.7%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
1.9%
Q4 24
0.9%
Q3 24
1.5%
Q2 24
1.5%
Q1 24
2.0%
Cash Conversion
BIPC
BIPC
MTCH
MTCH
Q4 25
1.54×
Q3 25
1.99×
Q2 25
1.94×
Q1 25
1.64×
Q4 24
1.61×
Q3 24
1.94×
Q2 24
0.79×
0.97×
Q1 24
2.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

MTCH
MTCH

Tinder Segment$479.3M55%
Hinge Segment$186.5M21%
Evergreen And Emerging Segment$148.1M17%
MG Asia Segment$65.8M7%

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