vs

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

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $613.8M, roughly 1.4× Teladoc Health, Inc.). Teladoc Health, Inc. runs the higher net margin — -10.4% vs -35.7%, a 25.3% gap on every dollar of revenue. On growth, Teladoc Health, Inc. posted the faster year-over-year revenue change (-2.5% 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.

Teladoc Health, Inc. is a multinational telemedicine and virtual healthcare company headquartered in New York, New York, United States that was founded in 2002. Primary services include telehealth, medical opinions, AI and analytics, telehealth devices and licensable platform services. In particular, Teladoc Health uses telephone and videoconferencing software as well as mobile apps to provide on-demand remote medical care.

BIPC vs TDOC — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.4× larger
BIPC
$866.0M
$613.8M
TDOC
Growing faster (revenue YoY)
TDOC
TDOC
+2.2% gap
TDOC
-2.5%
-4.6%
BIPC
Higher net margin
TDOC
TDOC
25.3% more per $
TDOC
-10.4%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
TDOC
TDOC
Revenue
$866.0M
$613.8M
Net Profit
$-309.0M
$-63.8M
Gross Margin
65.0%
Operating Margin
62.7%
-10.1%
Net Margin
-35.7%
-10.4%
Revenue YoY
-4.6%
-2.5%
Net Profit YoY
-148.1%
31.4%
EPS (diluted)
$-0.36

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
TDOC
TDOC
Q1 26
$613.8M
Q4 25
$642.3M
Q3 25
$626.4M
Q2 25
$866.0M
$631.9M
Q1 25
$629.4M
Q4 24
$640.5M
Q3 24
$640.5M
Q2 24
$908.0M
$642.4M
Net Profit
BIPC
BIPC
TDOC
TDOC
Q1 26
$-63.8M
Q4 25
Q3 25
$-49.5M
Q2 25
$-309.0M
$-32.7M
Q1 25
$-93.0M
Q4 24
Q3 24
$-33.3M
Q2 24
$643.0M
$-837.7M
Gross Margin
BIPC
BIPC
TDOC
TDOC
Q1 26
Q4 25
Q3 25
Q2 25
65.0%
Q1 25
Q4 24
Q3 24
Q2 24
63.8%
Operating Margin
BIPC
BIPC
TDOC
TDOC
Q1 26
-10.1%
Q4 25
-5.6%
Q3 25
-8.3%
Q2 25
62.7%
-8.6%
Q1 25
-19.2%
Q4 24
-7.5%
Q3 24
-6.9%
Q2 24
61.9%
-130.9%
Net Margin
BIPC
BIPC
TDOC
TDOC
Q1 26
-10.4%
Q4 25
Q3 25
-7.9%
Q2 25
-35.7%
-5.2%
Q1 25
-14.8%
Q4 24
Q3 24
-5.2%
Q2 24
70.8%
-130.4%
EPS (diluted)
BIPC
BIPC
TDOC
TDOC
Q1 26
$-0.36
Q4 25
$-0.14
Q3 25
$-0.28
Q2 25
$-0.19
Q1 25
$-0.53
Q4 24
$-0.27
Q3 24
$-0.19
Q2 24
$-4.92

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
TDOC
TDOC
Cash + ST InvestmentsLiquidity on hand
$1.2B
$750.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$1.3B
Total Assets
$23.9B
$2.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
TDOC
TDOC
Q1 26
$750.7M
Q4 25
$781.1M
Q3 25
$726.2M
Q2 25
$1.2B
$679.6M
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$466.0M
$1.2B
Stockholders' Equity
BIPC
BIPC
TDOC
TDOC
Q1 26
$1.3B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$2.2B
$1.4B
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$3.5B
$1.5B
Total Assets
BIPC
BIPC
TDOC
TDOC
Q1 26
$2.8B
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$23.9B
$2.9B
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$23.7B
$3.5B

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
TDOC
TDOC
Operating Cash FlowLast quarter
$478.0M
$9.5M
Free Cash FlowOCF − Capex
$-26.3M
FCF MarginFCF / Revenue
-4.3%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$246.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
TDOC
TDOC
Q1 26
$9.5M
Q4 25
$87.7M
Q3 25
$99.3M
Q2 25
$478.0M
$91.4M
Q1 25
$15.9M
Q4 24
$85.9M
Q3 24
$110.2M
Q2 24
$511.0M
$88.7M
Free Cash Flow
BIPC
BIPC
TDOC
TDOC
Q1 26
$-26.3M
Q4 25
$85.1M
Q3 25
$97.0M
Q2 25
$90.2M
Q1 25
$13.2M
Q4 24
$79.8M
Q3 24
$108.6M
Q2 24
$86.8M
FCF Margin
BIPC
BIPC
TDOC
TDOC
Q1 26
-4.3%
Q4 25
13.3%
Q3 25
15.5%
Q2 25
14.3%
Q1 25
2.1%
Q4 24
12.5%
Q3 24
17.0%
Q2 24
13.5%
Capex Intensity
BIPC
BIPC
TDOC
TDOC
Q1 26
0.3%
Q4 25
0.4%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.4%
Q4 24
1.0%
Q3 24
0.2%
Q2 24
0.3%
Cash Conversion
BIPC
BIPC
TDOC
TDOC
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.79×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

TDOC
TDOC

U.S$491.5M80%
International$122.3M20%

Related Comparisons