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

Qorvo, Inc. is the larger business by last-quarter revenue ($993.0M vs $866.0M, roughly 1.1× Brookfield Infrastructure Corp). Qorvo, Inc. runs the higher net margin — 16.5% vs -35.7%, a 52.2% gap on every dollar of revenue. On growth, Qorvo, Inc. posted the faster year-over-year revenue change (8.4% 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.

Qorvo, Inc. is an American multinational company specializing in products for wireless, wired, and power markets. The company was created by the merger of TriQuint Semiconductor and RF Micro Devices, which was announced in 2014 and completed on January 1, 2015. It trades on Nasdaq under the ticker symbol QRVO. The headquarters for the company originally were in both Hillsboro, Oregon, and Greensboro, North Carolina, but in mid-2016 the company began referring to its North Carolina site as its...

BIPC vs QRVO — Head-to-Head

Bigger by revenue
QRVO
QRVO
1.1× larger
QRVO
$993.0M
$866.0M
BIPC
Growing faster (revenue YoY)
QRVO
QRVO
+13.0% gap
QRVO
8.4%
-4.6%
BIPC
Higher net margin
QRVO
QRVO
52.2% more per $
QRVO
16.5%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BIPC
BIPC
QRVO
QRVO
Revenue
$866.0M
$993.0M
Net Profit
$-309.0M
$164.1M
Gross Margin
65.0%
46.7%
Operating Margin
62.7%
19.4%
Net Margin
-35.7%
16.5%
Revenue YoY
-4.6%
8.4%
Net Profit YoY
-148.1%
297.5%
EPS (diluted)
$1.75

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
QRVO
QRVO
Q4 25
$993.0M
Q3 25
$1.1B
Q2 25
$866.0M
$818.8M
Q1 25
$869.5M
Q4 24
$916.3M
Q3 24
$1.0B
Q2 24
$908.0M
$886.7M
Q1 24
$941.0M
Net Profit
BIPC
BIPC
QRVO
QRVO
Q4 25
$164.1M
Q3 25
$119.6M
Q2 25
$-309.0M
$25.6M
Q1 25
$31.4M
Q4 24
$41.3M
Q3 24
$-17.4M
Q2 24
$643.0M
$414.0K
Q1 24
$2.7M
Gross Margin
BIPC
BIPC
QRVO
QRVO
Q4 25
46.7%
Q3 25
47.0%
Q2 25
65.0%
40.5%
Q1 25
42.2%
Q4 24
42.7%
Q3 24
42.6%
Q2 24
63.8%
37.5%
Q1 24
40.6%
Operating Margin
BIPC
BIPC
QRVO
QRVO
Q4 25
19.4%
Q3 25
14.9%
Q2 25
62.7%
3.7%
Q1 25
3.2%
Q4 24
5.8%
Q3 24
0.9%
Q2 24
61.9%
0.5%
Q1 24
3.2%
Net Margin
BIPC
BIPC
QRVO
QRVO
Q4 25
16.5%
Q3 25
11.3%
Q2 25
-35.7%
3.1%
Q1 25
3.6%
Q4 24
4.5%
Q3 24
-1.7%
Q2 24
70.8%
0.0%
Q1 24
0.3%
EPS (diluted)
BIPC
BIPC
QRVO
QRVO
Q4 25
$1.75
Q3 25
$1.28
Q2 25
$0.27
Q1 25
$0.33
Q4 24
$0.43
Q3 24
$-0.18
Q2 24
$0.00
Q1 24
$0.04

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
QRVO
QRVO
Cash + ST InvestmentsLiquidity on hand
$1.2B
$1.3B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.2B
$3.7B
Total Assets
$23.9B
$6.2B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
QRVO
QRVO
Q4 25
$1.3B
Q3 25
$1.1B
Q2 25
$1.2B
$1.2B
Q1 25
$1.0B
Q4 24
$769.4M
Q3 24
$1.1B
Q2 24
$466.0M
$1.1B
Q1 24
$1.0B
Total Debt
BIPC
BIPC
QRVO
QRVO
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
BIPC
BIPC
QRVO
QRVO
Q4 25
$3.7B
Q3 25
$3.5B
Q2 25
$2.2B
$3.4B
Q1 25
$3.4B
Q4 24
$3.4B
Q3 24
$3.4B
Q2 24
$3.5B
$3.5B
Q1 24
$3.6B
Total Assets
BIPC
BIPC
QRVO
QRVO
Q4 25
$6.2B
Q3 25
$6.1B
Q2 25
$23.9B
$6.0B
Q1 25
$5.9B
Q4 24
$6.0B
Q3 24
$6.5B
Q2 24
$23.7B
$6.4B
Q1 24
$6.6B
Debt / Equity
BIPC
BIPC
QRVO
QRVO
Q4 25
0.42×
Q3 25
0.44×
Q2 25
0.45×
Q1 25
0.46×
Q4 24
0.46×
Q3 24
0.45×
Q2 24
0.44×
Q1 24
0.44×

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
QRVO
QRVO
Operating Cash FlowLast quarter
$478.0M
$265.4M
Free Cash FlowOCF − Capex
$236.9M
FCF MarginFCF / Revenue
23.9%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
1.62×
TTM Free Cash FlowTrailing 4 quarters
$595.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
QRVO
QRVO
Q4 25
$265.4M
Q3 25
$84.0M
Q2 25
$478.0M
$182.9M
Q1 25
$199.2M
Q4 24
$214.1M
Q3 24
$127.8M
Q2 24
$511.0M
$81.1M
Q1 24
Free Cash Flow
BIPC
BIPC
QRVO
QRVO
Q4 25
$236.9M
Q3 25
$42.2M
Q2 25
$145.4M
Q1 25
$170.7M
Q4 24
$176.2M
Q3 24
$94.8M
Q2 24
$42.9M
Q1 24
FCF Margin
BIPC
BIPC
QRVO
QRVO
Q4 25
23.9%
Q3 25
4.0%
Q2 25
17.8%
Q1 25
19.6%
Q4 24
19.2%
Q3 24
9.1%
Q2 24
4.8%
Q1 24
Capex Intensity
BIPC
BIPC
QRVO
QRVO
Q4 25
2.9%
Q3 25
3.9%
Q2 25
4.6%
Q1 25
3.3%
Q4 24
4.1%
Q3 24
3.2%
Q2 24
4.3%
Q1 24
Cash Conversion
BIPC
BIPC
QRVO
QRVO
Q4 25
1.62×
Q3 25
0.70×
Q2 25
7.15×
Q1 25
6.35×
Q4 24
5.19×
Q3 24
Q2 24
0.79×
195.86×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

QRVO
QRVO

ACG$690.8M70%
HPA$190.9M19%
CSG$111.3M11%

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