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

Trimble Inc. is the larger business by last-quarter revenue ($969.8M vs $866.0M, roughly 1.1× Brookfield Infrastructure Corp). Trimble Inc. runs the higher net margin — 16.1% vs -35.7%, a 51.8% gap on every dollar of revenue. On growth, Brookfield Infrastructure Corp posted the faster year-over-year revenue change (-4.6% vs -73.7%).

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.

Trimble Inc. is an American software, hardware, and services technology company that was founded in 1978. Its headquarters is in Westminster, Colorado. It is publicly traded on the Nasdaq and listed on the S&P 500. Trimble develops hardware and software for a variety of business sectors including architecture, engineering, and construction (AEC); surveying, mapping, and geomatics (geospatial); and transportation and logistics (T&L).

BIPC vs TRMB — Head-to-Head

Bigger by revenue
TRMB
TRMB
1.1× larger
TRMB
$969.8M
$866.0M
BIPC
Growing faster (revenue YoY)
BIPC
BIPC
+69.0% gap
BIPC
-4.6%
-73.7%
TRMB
Higher net margin
TRMB
TRMB
51.8% more per $
TRMB
16.1%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
TRMB
TRMB
Revenue
$866.0M
$969.8M
Net Profit
$-309.0M
$156.6M
Gross Margin
65.0%
72.0%
Operating Margin
62.7%
22.3%
Net Margin
-35.7%
16.1%
Revenue YoY
-4.6%
-73.7%
Net Profit YoY
-148.1%
73.6%
EPS (diluted)
$0.65

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
TRMB
TRMB
Q4 25
$901.2M
Q3 25
$875.7M
Q2 25
$866.0M
$840.6M
Q1 25
$983.4M
Q3 24
$875.8M
Q2 24
$908.0M
$870.8M
Q1 24
$953.3M
Q2 23
$538.0M
Net Profit
BIPC
BIPC
TRMB
TRMB
Q4 25
$111.5M
Q3 25
$89.2M
Q2 25
$-309.0M
$66.7M
Q1 25
$90.2M
Q3 24
$40.6M
Q2 24
$643.0M
$1.3B
Q1 24
$57.2M
Q2 23
$-154.0M
Gross Margin
BIPC
BIPC
TRMB
TRMB
Q4 25
68.9%
Q3 25
68.3%
Q2 25
65.0%
66.7%
Q1 25
69.3%
Q3 24
65.7%
Q2 24
63.8%
62.7%
Q1 24
62.3%
Q2 23
72.3%
Operating Margin
BIPC
BIPC
TRMB
TRMB
Q4 25
16.7%
Q3 25
14.6%
Q2 25
62.7%
11.6%
Q1 25
17.6%
Q3 24
13.3%
Q2 24
61.9%
7.1%
Q1 24
11.5%
Q2 23
69.1%
Net Margin
BIPC
BIPC
TRMB
TRMB
Q4 25
12.4%
Q3 25
10.2%
Q2 25
-35.7%
7.9%
Q1 25
9.2%
Q3 24
4.6%
Q2 24
70.8%
151.2%
Q1 24
6.0%
Q2 23
-28.6%
EPS (diluted)
BIPC
BIPC
TRMB
TRMB
Q4 25
$0.46
Q3 25
$0.37
Q2 25
$0.27
Q1 25
$0.36
Q3 24
$0.16
Q2 24
$5.34
Q1 24
$0.23
Q2 23

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
TRMB
TRMB
Cash + ST InvestmentsLiquidity on hand
$1.2B
$253.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.2B
$5.8B
Total Assets
$23.9B
$9.3B
Debt / EquityLower = less leverage
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
TRMB
TRMB
Q4 25
$232.7M
Q3 25
$265.9M
Q2 25
$1.2B
$290.0M
Q1 25
$738.8M
Q3 24
$1.0B
Q2 24
$466.0M
$944.1M
Q1 24
$255.1M
Q2 23
$356.0M
Total Debt
BIPC
BIPC
TRMB
TRMB
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
$1.4B
Q3 24
Q2 24
Q1 24
Q2 23
Stockholders' Equity
BIPC
BIPC
TRMB
TRMB
Q4 25
$5.8B
Q3 25
$5.7B
Q2 25
$2.2B
$5.4B
Q1 25
$5.7B
Q3 24
$5.9B
Q2 24
$3.5B
$5.6B
Q1 24
$4.3B
Q2 23
$-764.0M
Total Assets
BIPC
BIPC
TRMB
TRMB
Q4 25
$9.0B
Q3 25
$9.1B
Q2 25
$23.9B
$8.9B
Q1 25
$9.5B
Q3 24
$9.9B
Q2 24
$23.7B
$9.6B
Q1 24
$9.3B
Q2 23
$11.0B
Debt / Equity
BIPC
BIPC
TRMB
TRMB
Q4 25
0.24×
Q3 25
Q2 25
Q1 25
0.24×
Q3 24
Q2 24
Q1 24
Q2 23

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
TRMB
TRMB
Operating Cash FlowLast quarter
$478.0M
$386.2M
Free Cash FlowOCF − Capex
$360.9M
FCF MarginFCF / Revenue
37.2%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
2.47×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
TRMB
TRMB
Q4 25
Q3 25
$123.8M
Q2 25
$478.0M
$155.6M
Q1 25
$115.1M
Q3 24
$94.9M
Q2 24
$511.0M
$87.6M
Q1 24
$233.8M
Q2 23
$265.0M
Free Cash Flow
BIPC
BIPC
TRMB
TRMB
Q4 25
Q3 25
$116.6M
Q2 25
$149.0M
Q1 25
$109.0M
Q3 24
$88.5M
Q2 24
$73.3M
Q1 24
$227.0M
Q2 23
FCF Margin
BIPC
BIPC
TRMB
TRMB
Q4 25
Q3 25
13.3%
Q2 25
17.7%
Q1 25
11.1%
Q3 24
10.1%
Q2 24
8.4%
Q1 24
23.8%
Q2 23
Capex Intensity
BIPC
BIPC
TRMB
TRMB
Q4 25
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.6%
Q3 24
0.7%
Q2 24
1.6%
Q1 24
0.7%
Q2 23
Cash Conversion
BIPC
BIPC
TRMB
TRMB
Q4 25
Q3 25
1.39×
Q2 25
2.33×
Q1 25
1.28×
Q3 24
2.34×
Q2 24
0.79×
0.07×
Q1 24
4.09×
Q2 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIPC
BIPC

Segment breakdown not available.

TRMB
TRMB

Subscription and services$701.5M72%
Product$268.3M28%

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