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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Privia Health Group, Inc. (PRVA). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $541.2M, roughly 1.6× Privia Health Group, Inc.). Privia Health Group, Inc. runs the higher net margin — 1.7% vs -35.7%, a 37.4% gap on every dollar of revenue. On growth, Privia Health Group, Inc. posted the faster year-over-year revenue change (17.4% 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.

Privia Health Group, Inc. is a U.S.-headquartered healthcare technology and services firm supporting independent practices, health systems, and payers delivering value-based care. It offers population health tools, patient engagement platforms, care coordination support, and workflow solutions to boost patient outcomes and cut operational costs for U.S. healthcare stakeholders.

BIPC vs PRVA — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.6× larger
BIPC
$866.0M
$541.2M
PRVA
Growing faster (revenue YoY)
PRVA
PRVA
+22.0% gap
PRVA
17.4%
-4.6%
BIPC
Higher net margin
PRVA
PRVA
37.4% more per $
PRVA
1.7%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
PRVA
PRVA
Revenue
$866.0M
$541.2M
Net Profit
$-309.0M
$9.2M
Gross Margin
65.0%
Operating Margin
62.7%
2.1%
Net Margin
-35.7%
1.7%
Revenue YoY
-4.6%
17.4%
Net Profit YoY
-148.1%
108.0%
EPS (diluted)
$0.08

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
PRVA
PRVA
Q4 25
$541.2M
Q3 25
$580.4M
Q2 25
$866.0M
$521.2M
Q1 25
$480.1M
Q4 24
$460.9M
Q3 24
$437.9M
Q2 24
$908.0M
$422.3M
Q1 24
$415.2M
Net Profit
BIPC
BIPC
PRVA
PRVA
Q4 25
$9.2M
Q3 25
$6.9M
Q2 25
$-309.0M
$2.7M
Q1 25
$4.2M
Q4 24
$4.4M
Q3 24
$3.5M
Q2 24
$643.0M
$3.5M
Q1 24
$3.0M
Gross Margin
BIPC
BIPC
PRVA
PRVA
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Q1 24
Operating Margin
BIPC
BIPC
PRVA
PRVA
Q4 25
2.1%
Q3 25
2.5%
Q2 25
62.7%
0.6%
Q1 25
1.1%
Q4 24
1.1%
Q3 24
1.3%
Q2 24
61.9%
1.2%
Q1 24
0.2%
Net Margin
BIPC
BIPC
PRVA
PRVA
Q4 25
1.7%
Q3 25
1.2%
Q2 25
-35.7%
0.5%
Q1 25
0.9%
Q4 24
1.0%
Q3 24
0.8%
Q2 24
70.8%
0.8%
Q1 24
0.7%
EPS (diluted)
BIPC
BIPC
PRVA
PRVA
Q4 25
$0.08
Q3 25
$0.05
Q2 25
$0.02
Q1 25
$0.03
Q4 24
$0.03
Q3 24
$0.03
Q2 24
$0.03
Q1 24
$0.02

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
PRVA
PRVA
Cash + ST InvestmentsLiquidity on hand
$1.2B
$479.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$737.2M
Total Assets
$23.9B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
PRVA
PRVA
Q4 25
$479.7M
Q3 25
$441.4M
Q2 25
$1.2B
$390.1M
Q1 25
$469.3M
Q4 24
$491.1M
Q3 24
$422.0M
Q2 24
$466.0M
$387.4M
Q1 24
$351.1M
Stockholders' Equity
BIPC
BIPC
PRVA
PRVA
Q4 25
$737.2M
Q3 25
$709.1M
Q2 25
$2.2B
$682.9M
Q1 25
$659.4M
Q4 24
$635.2M
Q3 24
$614.9M
Q2 24
$3.5B
$595.4M
Q1 24
$576.8M
Total Assets
BIPC
BIPC
PRVA
PRVA
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$23.9B
$1.3B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$23.7B
$1.1B
Q1 24
$1.0B

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
PRVA
PRVA
Operating Cash FlowLast quarter
$478.0M
$127.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
PRVA
PRVA
Q4 25
$127.5M
Q3 25
$52.0M
Q2 25
$478.0M
$8.0M
Q1 25
$-24.1M
Q4 24
$74.8M
Q3 24
$33.2M
Q2 24
$511.0M
$34.5M
Q1 24
$-33.1M
Cash Conversion
BIPC
BIPC
PRVA
PRVA
Q4 25
13.93×
Q3 25
7.58×
Q2 25
2.97×
Q1 25
-5.70×
Q4 24
17.00×
Q3 24
9.38×
Q2 24
0.79×
9.94×
Q1 24
-11.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

PRVA
PRVA

FFS Patient Care$364.4M67%
Capitated Revenue$71.4M13%
Shared Savings$46.9M9%
FFS Administrative Services$36.0M7%
Care Management Fee PMPM$20.0M4%
Other Revenue$2.5M0%

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