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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.
PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $866.0M, roughly 1.3× Brookfield Infrastructure Corp). PLEXUS CORP runs the higher net margin — 4.3% vs -35.7%, a 40.0% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% 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.
Plex Systems, Inc. is an American software company based in Troy, Michigan. The company develops and markets the Plex Manufacturing Cloud, a software as a service (SaaS) or cloud computing ERP for manufacturing.
BIPC vs PLXS — Head-to-Head
Income Statement — Q2 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $866.0M | $1.2B |
| Net Profit | $-309.0M | $49.8M |
| Gross Margin | 65.0% | 10.2% |
| Operating Margin | 62.7% | 5.3% |
| Net Margin | -35.7% | 4.3% |
| Revenue YoY | -4.6% | 18.7% |
| Net Profit YoY | -148.1% | 27.5% |
| EPS (diluted) | — | $1.82 |
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.
| Q1 26 | — | $1.1B | ||
| Q2 25 | $866.0M | — | ||
| Q2 24 | $908.0M | — | ||
| Q3 23 | — | $1.0B | ||
| Q2 23 | $538.0M | $1.1B | ||
| Q4 22 | — | $1.2B | ||
| Q3 22 | — | $1.0B | ||
| Q2 22 | $479.0M | — |
| Q1 26 | — | $41.2M | ||
| Q2 25 | $-309.0M | — | ||
| Q2 24 | $643.0M | — | ||
| Q3 23 | — | $15.8M | ||
| Q2 23 | $-154.0M | $40.8M | ||
| Q4 22 | — | $50.5M | ||
| Q3 22 | — | $37.5M | ||
| Q2 22 | $842.0M | — |
| Q1 26 | — | 9.9% | ||
| Q2 25 | 65.0% | — | ||
| Q2 24 | 63.8% | — | ||
| Q3 23 | — | 8.9% | ||
| Q2 23 | 72.3% | 9.4% | ||
| Q4 22 | — | 9.3% | ||
| Q3 22 | — | 9.2% | ||
| Q2 22 | 72.7% | — |
| Q1 26 | — | 5.1% | ||
| Q2 25 | 62.7% | — | ||
| Q2 24 | 61.9% | — | ||
| Q3 23 | — | 2.7% | ||
| Q2 23 | 69.1% | 5.2% | ||
| Q4 22 | — | 5.4% | ||
| Q3 22 | — | 4.9% | ||
| Q2 22 | 69.1% | — |
| Q1 26 | — | 3.8% | ||
| Q2 25 | -35.7% | — | ||
| Q2 24 | 70.8% | — | ||
| Q3 23 | — | 1.5% | ||
| Q2 23 | -28.6% | 3.7% | ||
| Q4 22 | — | 4.4% | ||
| Q3 22 | — | 3.7% | ||
| Q2 22 | 175.8% | — |
| Q1 26 | — | $1.51 | ||
| Q2 25 | — | — | ||
| Q2 24 | — | — | ||
| Q3 23 | — | $0.56 | ||
| Q2 23 | — | $1.45 | ||
| Q4 22 | — | $1.76 | ||
| Q3 22 | — | $1.33 | ||
| Q2 22 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $303.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $1.5B |
| Total Assets | $23.9B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $248.8M | ||
| Q2 25 | $1.2B | — | ||
| Q2 24 | $466.0M | — | ||
| Q3 23 | — | $253.0M | ||
| Q2 23 | $356.0M | $269.7M | ||
| Q4 22 | — | $274.8M | ||
| Q3 22 | — | $276.6M | ||
| Q2 22 | $512.0M | — |
| Q1 26 | — | $1.5B | ||
| Q2 25 | $2.2B | — | ||
| Q2 24 | $3.5B | — | ||
| Q3 23 | — | $1.2B | ||
| Q2 23 | $-764.0M | $1.2B | ||
| Q4 22 | — | $1.1B | ||
| Q3 22 | — | $1.1B | ||
| Q2 22 | $-1.1B | — |
| Q1 26 | — | $3.2B | ||
| Q2 25 | $23.9B | — | ||
| Q2 24 | $23.7B | — | ||
| Q3 23 | — | $3.4B | ||
| Q2 23 | $11.0B | $3.4B | ||
| Q4 22 | — | $3.4B | ||
| Q3 22 | — | $3.2B | ||
| Q2 22 | $10.0B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q2 25 | $478.0M | — | ||
| Q2 24 | $511.0M | — | ||
| Q3 23 | — | $18.8M | ||
| Q2 23 | $265.0M | $106.0M | ||
| Q4 22 | — | $-26.2M | ||
| Q3 22 | — | $-21.2M | ||
| Q2 22 | $232.0M | — |
| Q1 26 | — | — | ||
| Q2 25 | — | — | ||
| Q2 24 | — | — | ||
| Q3 23 | — | $-11.5M | ||
| Q2 23 | — | $79.5M | ||
| Q4 22 | — | $-127.9M | ||
| Q3 22 | — | $-42.0M | ||
| Q2 22 | — | — |
| Q1 26 | — | — | ||
| Q2 25 | — | — | ||
| Q2 24 | — | — | ||
| Q3 23 | — | -1.1% | ||
| Q2 23 | — | 7.3% | ||
| Q4 22 | — | -11.1% | ||
| Q3 22 | — | -4.2% | ||
| Q2 22 | — | — |
| Q1 26 | — | — | ||
| Q2 25 | — | — | ||
| Q2 24 | — | — | ||
| Q3 23 | — | 2.9% | ||
| Q2 23 | — | 2.4% | ||
| Q4 22 | — | 8.8% | ||
| Q3 22 | — | 2.1% | ||
| Q2 22 | — | — |
| Q1 26 | — | — | ||
| Q2 25 | — | — | ||
| Q2 24 | 0.79× | — | ||
| Q3 23 | — | 1.19× | ||
| Q2 23 | — | 2.59× | ||
| Q4 22 | — | -0.52× | ||
| Q3 22 | — | -0.57× | ||
| Q2 22 | 0.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BIPC
Segment breakdown not available.
PLXS
| Asia-Pacific | $652.0M | 56% |
| Americas | $397.0M | 34% |
| Europe, Middle East and Africa | $116.0M | 10% |
