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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Dave & Buster's Entertainment, Inc. (PLAY). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $448.2M, roughly 1.9× Dave & Buster's Entertainment, Inc.). Dave & Buster's Entertainment, Inc. runs the higher net margin — -9.4% vs -35.7%, a 26.3% gap on every dollar of revenue. On growth, Dave & Buster's Entertainment, Inc. posted the faster year-over-year revenue change (-1.1% 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.

Dave & Buster's Entertainment, Inc. is an American restaurant and entertainment business headquartered in Dallas. Each Dave & Buster's location has a full-service restaurant, full bar, and a video arcade, the latter of which is known as the "Million Dollar Midway". As of February 2024, the company has 158 locations in the United States, as well as two in Puerto Rico and two in Canada.

BIPC vs PLAY — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.9× larger
BIPC
$866.0M
$448.2M
PLAY
Growing faster (revenue YoY)
PLAY
PLAY
+3.6% gap
PLAY
-1.1%
-4.6%
BIPC
Higher net margin
PLAY
PLAY
26.3% more per $
PLAY
-9.4%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIPC
BIPC
PLAY
PLAY
Revenue
$866.0M
$448.2M
Net Profit
$-309.0M
$-42.1M
Gross Margin
65.0%
85.8%
Operating Margin
62.7%
-3.6%
Net Margin
-35.7%
-9.4%
Revenue YoY
-4.6%
-1.1%
Net Profit YoY
-148.1%
-28.7%
EPS (diluted)
$-1.22

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
PLAY
PLAY
Q4 25
$448.2M
Q3 25
$557.4M
Q2 25
$866.0M
$567.7M
Q1 25
$534.5M
Q4 24
$453.0M
Q3 24
$557.1M
Q2 24
$908.0M
$588.1M
Q1 24
$599.0M
Net Profit
BIPC
BIPC
PLAY
PLAY
Q4 25
$-42.1M
Q3 25
$11.4M
Q2 25
$-309.0M
$21.7M
Q1 25
$9.3M
Q4 24
$-32.7M
Q3 24
$40.3M
Q2 24
$643.0M
$41.4M
Q1 24
$36.1M
Gross Margin
BIPC
BIPC
PLAY
PLAY
Q4 25
85.8%
Q3 25
86.3%
Q2 25
65.0%
85.5%
Q1 25
85.5%
Q4 24
85.0%
Q3 24
85.3%
Q2 24
63.8%
85.2%
Q1 24
84.1%
Operating Margin
BIPC
BIPC
PLAY
PLAY
Q4 25
-3.6%
Q3 25
9.5%
Q2 25
62.7%
11.1%
Q1 25
8.3%
Q4 24
1.4%
Q3 24
15.2%
Q2 24
61.9%
14.5%
Q1 24
14.9%
Net Margin
BIPC
BIPC
PLAY
PLAY
Q4 25
-9.4%
Q3 25
2.0%
Q2 25
-35.7%
3.8%
Q1 25
1.7%
Q4 24
-7.2%
Q3 24
7.2%
Q2 24
70.8%
7.0%
Q1 24
6.0%
EPS (diluted)
BIPC
BIPC
PLAY
PLAY
Q4 25
$-1.22
Q3 25
$0.32
Q2 25
$0.62
Q1 25
$0.32
Q4 24
$-0.84
Q3 24
$0.99
Q2 24
$0.99
Q1 24
$0.95

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
PLAY
PLAY
Cash + ST InvestmentsLiquidity on hand
$1.2B
$13.6M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$2.2B
$130.8M
Total Assets
$23.9B
$4.1B
Debt / EquityLower = less leverage
12.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
PLAY
PLAY
Q4 25
$13.6M
Q3 25
$12.0M
Q2 25
$1.2B
$11.9M
Q1 25
$6.9M
Q4 24
$8.6M
Q3 24
$13.1M
Q2 24
$466.0M
$32.1M
Q1 24
$37.3M
Total Debt
BIPC
BIPC
PLAY
PLAY
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.3B
Stockholders' Equity
BIPC
BIPC
PLAY
PLAY
Q4 25
$130.8M
Q3 25
$166.2M
Q2 25
$2.2B
$146.8M
Q1 25
$145.8M
Q4 24
$226.6M
Q3 24
$284.4M
Q2 24
$3.5B
$292.5M
Q1 24
$251.2M
Total Assets
BIPC
BIPC
PLAY
PLAY
Q4 25
$4.1B
Q3 25
$4.1B
Q2 25
$23.9B
$4.1B
Q1 25
$4.0B
Q4 24
$3.9B
Q3 24
$3.8B
Q2 24
$23.7B
$3.8B
Q1 24
$3.8B
Debt / Equity
BIPC
BIPC
PLAY
PLAY
Q4 25
12.17×
Q3 25
9.57×
Q2 25
10.98×
Q1 25
10.45×
Q4 24
6.58×
Q3 24
4.72×
Q2 24
4.58×
Q1 24
5.33×

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
PLAY
PLAY
Operating Cash FlowLast quarter
$478.0M
$58.0M
Free Cash FlowOCF − Capex
$-20.6M
FCF MarginFCF / Revenue
-4.6%
Capex IntensityCapex / Revenue
17.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-195.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
PLAY
PLAY
Q4 25
$58.0M
Q3 25
$34.0M
Q2 25
$478.0M
$95.8M
Q1 25
$108.9M
Q4 24
$-7.2M
Q3 24
$101.8M
Q2 24
$511.0M
$108.8M
Q1 24
$97.2M
Free Cash Flow
BIPC
BIPC
PLAY
PLAY
Q4 25
$-20.6M
Q3 25
$-55.2M
Q2 25
$-58.8M
Q1 25
$-61.0M
Q4 24
$-138.4M
Q3 24
$-14.3M
Q2 24
$-4.2M
Q1 24
$-25.4M
FCF Margin
BIPC
BIPC
PLAY
PLAY
Q4 25
-4.6%
Q3 25
-9.9%
Q2 25
-10.4%
Q1 25
-11.4%
Q4 24
-30.6%
Q3 24
-2.6%
Q2 24
-0.7%
Q1 24
-4.2%
Capex Intensity
BIPC
BIPC
PLAY
PLAY
Q4 25
17.5%
Q3 25
16.0%
Q2 25
27.2%
Q1 25
31.8%
Q4 24
29.0%
Q3 24
20.8%
Q2 24
19.2%
Q1 24
20.5%
Cash Conversion
BIPC
BIPC
PLAY
PLAY
Q4 25
Q3 25
2.98×
Q2 25
4.41×
Q1 25
11.71×
Q4 24
Q3 24
2.53×
Q2 24
0.79×
2.63×
Q1 24
2.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

PLAY
PLAY

Game Play Credit Usage$273.1M61%
Food And Nonalcoholic Beverages$115.1M26%
Alcoholic Beverage$53.7M12%
Other Entertainment$6.3M1%
Gift Card Revenue$3.5M1%

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