vs

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

Brookfield Infrastructure Corp is the larger business by last-quarter revenue ($866.0M vs $503.1M, roughly 1.7× Unity Software Inc.). Unity Software Inc. runs the higher net margin — -17.9% vs -35.7%, a 17.8% gap on every dollar of revenue. On growth, Unity Software Inc. posted the faster year-over-year revenue change (10.1% 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.

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

BIPC vs U — Head-to-Head

Bigger by revenue
BIPC
BIPC
1.7× larger
BIPC
$866.0M
$503.1M
U
Growing faster (revenue YoY)
U
U
+14.7% gap
U
10.1%
-4.6%
BIPC
Higher net margin
U
U
17.8% more per $
U
-17.9%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BIPC
BIPC
U
U
Revenue
$866.0M
$503.1M
Net Profit
$-309.0M
$-90.0M
Gross Margin
65.0%
74.3%
Operating Margin
62.7%
-21.2%
Net Margin
-35.7%
-17.9%
Revenue YoY
-4.6%
10.1%
Net Profit YoY
-148.1%
26.7%
EPS (diluted)
$-0.21

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
U
U
Q4 25
$503.1M
Q3 25
$470.6M
Q2 25
$866.0M
$440.9M
Q1 25
$435.0M
Q4 24
$457.1M
Q3 24
$446.5M
Q2 24
$908.0M
$449.3M
Q1 24
$460.4M
Net Profit
BIPC
BIPC
U
U
Q4 25
$-90.0M
Q3 25
$-126.4M
Q2 25
$-309.0M
$-108.8M
Q1 25
$-77.6M
Q4 24
$-122.7M
Q3 24
$-124.7M
Q2 24
$643.0M
$-125.6M
Q1 24
$-291.1M
Gross Margin
BIPC
BIPC
U
U
Q4 25
74.3%
Q3 25
74.4%
Q2 25
65.0%
74.1%
Q1 25
73.8%
Q4 24
74.7%
Q3 24
74.9%
Q2 24
63.8%
75.8%
Q1 24
68.6%
Operating Margin
BIPC
BIPC
U
U
Q4 25
-21.2%
Q3 25
-26.7%
Q2 25
62.7%
-26.9%
Q1 25
-29.4%
Q4 24
-27.1%
Q3 24
-28.5%
Q2 24
61.9%
-28.8%
Q1 24
-81.4%
Net Margin
BIPC
BIPC
U
U
Q4 25
-17.9%
Q3 25
-26.9%
Q2 25
-35.7%
-24.7%
Q1 25
-17.8%
Q4 24
-26.8%
Q3 24
-27.9%
Q2 24
70.8%
-28.0%
Q1 24
-63.2%
EPS (diluted)
BIPC
BIPC
U
U
Q4 25
$-0.21
Q3 25
$-0.30
Q2 25
$-0.26
Q1 25
$-0.19
Q4 24
$-0.30
Q3 24
$-0.31
Q2 24
$-0.32
Q1 24
$-0.75

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
U
U
Cash + ST InvestmentsLiquidity on hand
$1.2B
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$3.2B
Total Assets
$23.9B
$6.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
U
U
Q4 25
$2.1B
Q3 25
$1.9B
Q2 25
$1.2B
$1.7B
Q1 25
$1.5B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$466.0M
$1.3B
Q1 24
$1.2B
Stockholders' Equity
BIPC
BIPC
U
U
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$2.2B
$3.2B
Q1 25
$3.2B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.5B
$3.2B
Q1 24
$3.2B
Total Assets
BIPC
BIPC
U
U
Q4 25
$6.8B
Q3 25
$6.8B
Q2 25
$23.9B
$6.7B
Q1 25
$6.6B
Q4 24
$6.7B
Q3 24
$6.7B
Q2 24
$23.7B
$6.7B
Q1 24
$6.8B

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
U
U
Operating Cash FlowLast quarter
$478.0M
$121.4M
Free Cash FlowOCF − Capex
$118.7M
FCF MarginFCF / Revenue
23.6%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$403.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
U
U
Q4 25
$121.4M
Q3 25
$155.4M
Q2 25
$478.0M
$133.1M
Q1 25
$13.0M
Q4 24
$112.2M
Q3 24
$122.4M
Q2 24
$511.0M
$88.4M
Q1 24
$-7.4M
Free Cash Flow
BIPC
BIPC
U
U
Q4 25
$118.7M
Q3 25
$151.3M
Q2 25
$126.7M
Q1 25
$7.3M
Q4 24
$105.8M
Q3 24
$115.2M
Q2 24
$79.6M
Q1 24
$-14.6M
FCF Margin
BIPC
BIPC
U
U
Q4 25
23.6%
Q3 25
32.1%
Q2 25
28.7%
Q1 25
1.7%
Q4 24
23.1%
Q3 24
25.8%
Q2 24
17.7%
Q1 24
-3.2%
Capex Intensity
BIPC
BIPC
U
U
Q4 25
0.5%
Q3 25
0.9%
Q2 25
1.5%
Q1 25
1.3%
Q4 24
1.4%
Q3 24
1.6%
Q2 24
2.0%
Q1 24
1.6%
Cash Conversion
BIPC
BIPC
U
U
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.79×
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.

U
U

Grow Solutions$338.2M67%
Create Solutions$164.9M33%

Related Comparisons