vs

Side-by-side financial comparison of Brookfield Infrastructure Corp (BIPC) and Western Union CO (WU). Click either name above to swap in a different company.

Western Union CO is the larger business by last-quarter revenue ($982.7M vs $866.0M, roughly 1.1× Brookfield Infrastructure Corp). Western Union CO runs the higher net margin — 6.6% vs -35.7%, a 42.3% gap on every dollar of revenue. On growth, Western Union CO posted the faster year-over-year revenue change (0.0% 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.

The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.

BIPC vs WU — Head-to-Head

Bigger by revenue
WU
WU
1.1× larger
WU
$982.7M
$866.0M
BIPC
Growing faster (revenue YoY)
WU
WU
+4.6% gap
WU
0.0%
-4.6%
BIPC
Higher net margin
WU
WU
42.3% more per $
WU
6.6%
-35.7%
BIPC

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BIPC
BIPC
WU
WU
Revenue
$866.0M
$982.7M
Net Profit
$-309.0M
$64.7M
Gross Margin
65.0%
Operating Margin
62.7%
12.5%
Net Margin
-35.7%
6.6%
Revenue YoY
-4.6%
0.0%
Net Profit YoY
-148.1%
-47.6%
EPS (diluted)
$0.41

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
WU
WU
Q1 26
$982.7M
Q4 25
$972.0M
Q3 25
$985.3M
Q2 25
$866.0M
$983.6M
Q1 25
$938.7M
Q4 24
$1.0B
Q3 24
$993.4M
Q2 24
$908.0M
$1.0B
Net Profit
BIPC
BIPC
WU
WU
Q1 26
$64.7M
Q4 25
$114.4M
Q3 25
$139.6M
Q2 25
$-309.0M
$122.1M
Q1 25
$123.5M
Q4 24
$385.7M
Q3 24
$264.8M
Q2 24
$643.0M
$141.0M
Gross Margin
BIPC
BIPC
WU
WU
Q1 26
Q4 25
33.6%
Q3 25
34.7%
Q2 25
65.0%
34.6%
Q1 25
34.0%
Q4 24
35.0%
Q3 24
34.2%
Q2 24
63.8%
35.0%
Operating Margin
BIPC
BIPC
WU
WU
Q1 26
12.5%
Q4 25
19.1%
Q3 25
20.5%
Q2 25
62.7%
19.6%
Q1 25
18.9%
Q4 24
17.5%
Q3 24
16.6%
Q2 24
61.9%
18.7%
Net Margin
BIPC
BIPC
WU
WU
Q1 26
6.6%
Q4 25
11.8%
Q3 25
14.2%
Q2 25
-35.7%
12.4%
Q1 25
13.2%
Q4 24
37.9%
Q3 24
26.7%
Q2 24
70.8%
13.8%
EPS (diluted)
BIPC
BIPC
WU
WU
Q1 26
$0.41
Q4 25
$0.36
Q3 25
$0.43
Q2 25
$0.37
Q1 25
$0.36
Q4 24
$1.14
Q3 24
$0.78
Q2 24
$0.41

Balance Sheet & Financial Strength

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

Metric
BIPC
BIPC
WU
WU
Cash + ST InvestmentsLiquidity on hand
$1.2B
$909.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$910.5M
Total Assets
$23.9B
$8.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIPC
BIPC
WU
WU
Q1 26
$909.2M
Q4 25
$1.2B
Q3 25
$947.8M
Q2 25
$1.2B
$1.0B
Q1 25
$1.3B
Q4 24
$1.5B
Q3 24
$1.1B
Q2 24
$466.0M
$1.0B
Total Debt
BIPC
BIPC
WU
WU
Q1 26
Q4 25
$2.9B
Q3 25
$2.5B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$3.0B
Q3 24
$2.1B
Q2 24
$2.1B
Stockholders' Equity
BIPC
BIPC
WU
WU
Q1 26
$910.5M
Q4 25
$957.8M
Q3 25
$925.4M
Q2 25
$2.2B
$883.6M
Q1 25
$939.4M
Q4 24
$968.9M
Q3 24
$652.7M
Q2 24
$3.5B
$440.8M
Total Assets
BIPC
BIPC
WU
WU
Q1 26
$8.1B
Q4 25
$8.3B
Q3 25
$7.8B
Q2 25
$23.9B
$8.0B
Q1 25
$8.3B
Q4 24
$8.4B
Q3 24
$7.7B
Q2 24
$23.7B
$8.0B
Debt / Equity
BIPC
BIPC
WU
WU
Q1 26
Q4 25
3.01×
Q3 25
2.70×
Q2 25
2.83×
Q1 25
2.61×
Q4 24
3.04×
Q3 24
3.29×
Q2 24
4.88×

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
WU
WU
Operating Cash FlowLast quarter
$478.0M
$109.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
1.68×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIPC
BIPC
WU
WU
Q1 26
$109.0M
Q4 25
$135.4M
Q3 25
$260.4M
Q2 25
$478.0M
$-300.0K
Q1 25
$148.2M
Q4 24
$134.0M
Q3 24
$212.1M
Q2 24
$511.0M
$-33.8M
Free Cash Flow
BIPC
BIPC
WU
WU
Q1 26
Q4 25
$115.5M
Q3 25
$252.7M
Q2 25
$-7.8M
Q1 25
$144.8M
Q4 24
$119.7M
Q3 24
$205.1M
Q2 24
$-38.9M
FCF Margin
BIPC
BIPC
WU
WU
Q1 26
Q4 25
11.9%
Q3 25
25.6%
Q2 25
-0.8%
Q1 25
15.4%
Q4 24
11.8%
Q3 24
20.6%
Q2 24
-3.8%
Capex Intensity
BIPC
BIPC
WU
WU
Q1 26
4.8%
Q4 25
2.0%
Q3 25
0.8%
Q2 25
0.8%
Q1 25
0.4%
Q4 24
1.4%
Q3 24
0.7%
Q2 24
0.5%
Cash Conversion
BIPC
BIPC
WU
WU
Q1 26
1.68×
Q4 25
1.18×
Q3 25
1.87×
Q2 25
-0.00×
Q1 25
1.20×
Q4 24
0.35×
Q3 24
0.80×
Q2 24
0.79×
-0.24×

Financial Flow Comparison

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

Related Comparisons