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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $731.2M, roughly 1.2× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs -35.7%, a 63.2% gap on every dollar of revenue.

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.

Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.

BIPC vs QFIN — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.2× larger
BIPC
$866.0M
$731.2M
QFIN
Higher net margin
QFIN
QFIN
63.2% more per $
QFIN
27.5%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BIPC
BIPC
QFIN
QFIN
Revenue
$866.0M
$731.2M
Net Profit
$-309.0M
$201.2M
Gross Margin
65.0%
Operating Margin
62.7%
32.7%
Net Margin
-35.7%
27.5%
Revenue YoY
-4.6%
Net Profit YoY
-148.1%
EPS (diluted)

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
QFIN
QFIN
Q3 25
$731.2M
Q2 25
$866.0M
$728.1M
Q1 25
$646.4M
Q3 24
$622.7M
Q2 24
$908.0M
$572.4M
Q1 24
$575.2M
Q3 23
$586.8M
Q2 23
$538.0M
$539.8M
Net Profit
BIPC
BIPC
QFIN
QFIN
Q3 25
$201.2M
Q2 25
$-309.0M
$241.6M
Q1 25
$247.6M
Q3 24
$256.3M
Q2 24
$643.0M
$189.4M
Q1 24
$160.7M
Q3 23
$155.9M
Q2 23
$-154.0M
$150.8M
Gross Margin
BIPC
BIPC
QFIN
QFIN
Q3 25
Q2 25
65.0%
Q1 25
Q3 24
Q2 24
63.8%
Q1 24
Q3 23
Q2 23
72.3%
Operating Margin
BIPC
BIPC
QFIN
QFIN
Q3 25
32.7%
Q2 25
62.7%
41.0%
Q1 25
42.1%
Q3 24
52.4%
Q2 24
61.9%
47.7%
Q1 24
32.8%
Q3 23
32.4%
Q2 23
69.1%
30.2%
Net Margin
BIPC
BIPC
QFIN
QFIN
Q3 25
27.5%
Q2 25
-35.7%
33.2%
Q1 25
38.3%
Q3 24
41.2%
Q2 24
70.8%
33.1%
Q1 24
27.9%
Q3 23
26.6%
Q2 23
-28.6%
27.9%

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$1.2B
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$24.3B
Total Assets
$23.9B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
QFIN
QFIN
Q3 25
$6.5B
Q2 25
$1.2B
$5.3B
Q1 25
$8.6B
Q3 24
$4.3B
Q2 24
$466.0M
$6.3B
Q1 24
$5.3B
Q3 23
$4.9B
Q2 23
$356.0M
$5.3B
Stockholders' Equity
BIPC
BIPC
QFIN
QFIN
Q3 25
$24.3B
Q2 25
$2.2B
$24.1B
Q1 25
$23.1B
Q3 24
$22.9B
Q2 24
$3.5B
$22.6B
Q1 24
$22.1B
Q3 23
$21.1B
Q2 23
$-764.0M
$20.9B
Total Assets
BIPC
BIPC
QFIN
QFIN
Q3 25
$61.4B
Q2 25
$23.9B
$59.8B
Q1 25
$55.6B
Q3 24
$47.0B
Q2 24
$23.7B
$47.0B
Q1 24
$47.4B
Q3 23
$46.0B
Q2 23
$11.0B
$43.4B

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
QFIN
QFIN
Operating Cash FlowLast quarter
$478.0M
$351.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
QFIN
QFIN
Q3 25
$351.4M
Q2 25
$478.0M
$366.0M
Q1 25
$386.6M
Q3 24
$338.0M
Q2 24
$511.0M
$269.9M
Q1 24
$271.2M
Q3 23
$170.5M
Q2 23
$265.0M
$242.9M
Cash Conversion
BIPC
BIPC
QFIN
QFIN
Q3 25
1.75×
Q2 25
1.52×
Q1 25
1.56×
Q3 24
1.32×
Q2 24
0.79×
1.43×
Q1 24
1.69×
Q3 23
1.09×
Q2 23
1.61×

Financial Flow Comparison

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

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