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Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and TALOS ENERGY INC. (TALO). Click either name above to swap in a different company.

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $472.3M, roughly 1.8× TALOS ENERGY INC.). On growth, Brookfield Infrastructure Corp posted the faster year-over-year revenue change (-4.6% vs -7.9%).

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.

Talos Energy Inc. is an oil and gas company that engages in the exploration, development, and production of oil and natural gas properties in the Gulf Coast and Gulf of Mexico.

BIPC vs TALO — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.8× larger
BIPC
$866.0M
$472.3M
TALO
Growing faster (revenue YoY)
BIPC
BIPC
+3.3% gap
BIPC
-4.6%
-7.9%
TALO

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
TALO
TALO
Revenue
$866.0M
$472.3M
Net Profit
$-309.0M
Gross Margin
65.0%
Operating Margin
62.7%
-25.3%
Net Margin
-35.7%
Revenue YoY
-4.6%
-7.9%
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
TALO
TALO
Q1 26
$472.3M
Q4 25
$392.2M
Q3 25
$450.1M
Q2 25
$866.0M
$424.7M
Q1 25
$513.1M
Q4 24
$485.2M
Q3 24
$509.3M
Q2 24
$908.0M
$549.2M
Net Profit
BIPC
BIPC
TALO
TALO
Q1 26
Q4 25
$-202.6M
Q3 25
$-95.9M
Q2 25
$-309.0M
$-185.9M
Q1 25
$-9.9M
Q4 24
$-64.5M
Q3 24
$88.2M
Q2 24
$643.0M
$12.4M
Gross Margin
BIPC
BIPC
TALO
TALO
Q1 26
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Operating Margin
BIPC
BIPC
TALO
TALO
Q1 26
-25.3%
Q4 25
-62.2%
Q3 25
-19.1%
Q2 25
62.7%
-64.4%
Q1 25
8.5%
Q4 24
5.6%
Q3 24
4.6%
Q2 24
61.9%
9.9%
Net Margin
BIPC
BIPC
TALO
TALO
Q1 26
Q4 25
-51.6%
Q3 25
-21.3%
Q2 25
-35.7%
-43.8%
Q1 25
-1.9%
Q4 24
-13.3%
Q3 24
17.3%
Q2 24
70.8%
2.3%
EPS (diluted)
BIPC
BIPC
TALO
TALO
Q1 26
Q4 25
$-1.17
Q3 25
$-0.55
Q2 25
$-1.05
Q1 25
$-0.05
Q4 24
$-0.29
Q3 24
$0.49
Q2 24
$0.07

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
TALO
TALO
Cash + ST InvestmentsLiquidity on hand
$1.2B
$386.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$2.2B
$1.9B
Total Assets
$23.9B
$5.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
TALO
TALO
Q1 26
$386.4M
Q4 25
$362.8M
Q3 25
$332.7M
Q2 25
$1.2B
$357.3M
Q1 25
$202.9M
Q4 24
$108.2M
Q3 24
$45.5M
Q2 24
$466.0M
$37.8M
Total Debt
BIPC
BIPC
TALO
TALO
Q1 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.3B
Q2 24
$1.4B
Stockholders' Equity
BIPC
BIPC
TALO
TALO
Q1 26
$1.9B
Q4 25
$2.2B
Q3 25
$2.4B
Q2 25
$2.2B
$2.5B
Q1 25
$2.7B
Q4 24
$2.8B
Q3 24
$2.8B
Q2 24
$3.5B
$2.7B
Total Assets
BIPC
BIPC
TALO
TALO
Q1 26
$5.3B
Q4 25
$5.6B
Q3 25
$5.7B
Q2 25
$23.9B
$5.9B
Q1 25
$6.1B
Q4 24
$6.2B
Q3 24
$6.4B
Q2 24
$23.7B
$6.4B
Debt / Equity
BIPC
BIPC
TALO
TALO
Q1 26
0.65×
Q4 25
0.57×
Q3 25
0.51×
Q2 25
0.49×
Q1 25
0.45×
Q4 24
0.44×
Q3 24
0.47×
Q2 24
0.53×

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
TALO
TALO
Operating Cash FlowLast quarter
$478.0M
$174.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
25.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
TALO
TALO
Q1 26
$174.0M
Q4 25
$201.8M
Q3 25
$114.2M
Q2 25
$478.0M
$351.6M
Q1 25
$268.2M
Q4 24
$349.3M
Q3 24
$227.5M
Q2 24
$511.0M
$289.4M
Capex Intensity
BIPC
BIPC
TALO
TALO
Q1 26
25.2%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
BIPC
BIPC
TALO
TALO
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.58×
Q2 24
0.79×
23.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

TALO
TALO

Oil$408.0M86%
Natural gas$52.9M11%
NGL$11.4M2%

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