vs

Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

SiriusPoint Ltd is the larger business by last-quarter revenue ($973.7M vs $866.0M, roughly 1.1× Brookfield Infrastructure Corp). SiriusPoint Ltd runs the higher net margin — 25.1% vs -35.7%, a 60.8% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% 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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

BIPC vs SPNT — Head-to-Head

Bigger by revenue
SPNT
SPNT
1.1× larger
SPNT
$973.7M
$866.0M
BIPC
Growing faster (revenue YoY)
SPNT
SPNT
+63.5% gap
SPNT
58.9%
-4.6%
BIPC
Higher net margin
SPNT
SPNT
60.8% more per $
SPNT
25.1%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
SPNT
SPNT
Revenue
$866.0M
$973.7M
Net Profit
$-309.0M
$244.1M
Gross Margin
65.0%
Operating Margin
62.7%
28.8%
Net Margin
-35.7%
25.1%
Revenue YoY
-4.6%
58.9%
Net Profit YoY
-148.1%
1535.9%
EPS (diluted)
$1.92

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
SPNT
SPNT
Q4 25
$973.7M
Q3 25
$755.9M
Q2 25
$866.0M
$748.2M
Q1 25
$727.3M
Q4 24
$612.8M
Q3 24
$562.2M
Q2 24
$908.0M
$743.3M
Q1 24
$685.5M
Net Profit
BIPC
BIPC
SPNT
SPNT
Q4 25
$244.1M
Q3 25
$90.8M
Q2 25
$-309.0M
$63.2M
Q1 25
$61.6M
Q4 24
$-17.0M
Q3 24
$8.5M
Q2 24
$643.0M
$113.9M
Q1 24
$94.8M
Gross Margin
BIPC
BIPC
SPNT
SPNT
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Q1 24
Operating Margin
BIPC
BIPC
SPNT
SPNT
Q4 25
28.8%
Q3 25
14.7%
Q2 25
62.7%
10.0%
Q1 25
10.4%
Q4 24
-2.1%
Q3 24
2.0%
Q2 24
61.9%
17.4%
Q1 24
15.4%
Net Margin
BIPC
BIPC
SPNT
SPNT
Q4 25
25.1%
Q3 25
12.0%
Q2 25
-35.7%
8.4%
Q1 25
8.5%
Q4 24
-2.8%
Q3 24
1.5%
Q2 24
70.8%
15.3%
Q1 24
13.8%
EPS (diluted)
BIPC
BIPC
SPNT
SPNT
Q4 25
$1.92
Q3 25
$0.73
Q2 25
$0.50
Q1 25
$0.49
Q4 24
$-0.05
Q3 24
$0.03
Q2 24
$0.57
Q1 24
$0.49

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$1.2B
$731.2M
Total DebtLower is stronger
$688.6M
Stockholders' EquityBook value
$2.2B
$2.5B
Total Assets
$23.9B
$12.6B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
SPNT
SPNT
Q4 25
$731.2M
Q3 25
$582.4M
Q2 25
$1.2B
$732.4M
Q1 25
$740.3M
Q4 24
$682.0M
Q3 24
$640.7M
Q2 24
$466.0M
$598.1M
Q1 24
$867.5M
Total Debt
BIPC
BIPC
SPNT
SPNT
Q4 25
$688.6M
Q3 25
$682.5M
Q2 25
$678.4M
Q1 25
$663.5M
Q4 24
$639.1M
Q3 24
$660.5M
Q2 24
$648.6M
Q1 24
$770.6M
Stockholders' Equity
BIPC
BIPC
SPNT
SPNT
Q4 25
$2.5B
Q3 25
$2.2B
Q2 25
$2.2B
$2.1B
Q1 25
$2.0B
Q4 24
$1.9B
Q3 24
$2.7B
Q2 24
$3.5B
$2.7B
Q1 24
$2.6B
Total Assets
BIPC
BIPC
SPNT
SPNT
Q4 25
$12.6B
Q3 25
$12.5B
Q2 25
$23.9B
$12.4B
Q1 25
$12.3B
Q4 24
$12.5B
Q3 24
$12.7B
Q2 24
$23.7B
$12.8B
Q1 24
$13.1B
Debt / Equity
BIPC
BIPC
SPNT
SPNT
Q4 25
0.28×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.33×
Q4 24
0.33×
Q3 24
0.25×
Q2 24
0.24×
Q1 24
0.30×

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
SPNT
SPNT
Operating Cash FlowLast quarter
$478.0M
$-26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
SPNT
SPNT
Q4 25
$-26.4M
Q3 25
$155.6M
Q2 25
$478.0M
$62.1M
Q1 25
$-88.9M
Q4 24
$107.7M
Q3 24
$58.1M
Q2 24
$511.0M
$-149.9M
Q1 24
$58.8M
Cash Conversion
BIPC
BIPC
SPNT
SPNT
Q4 25
-0.11×
Q3 25
1.71×
Q2 25
0.98×
Q1 25
-1.44×
Q4 24
Q3 24
6.84×
Q2 24
0.79×
-1.32×
Q1 24
0.62×

Financial Flow Comparison

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

Related Comparisons