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Side-by-side financial comparison of BrightSpire Capital, Inc. (BRSP) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.
FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($143.5M vs $83.2M, roughly 1.7× BrightSpire Capital, Inc.). BrightSpire Capital, Inc. runs the higher net margin — -17.3% vs -68.1%, a 50.8% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs -0.4%). BrightSpire Capital, Inc. produced more free cash flow last quarter ($55.1M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs -6.8%).
Oakley Capital Investments, is a large British investment trust focused on investments in mid-market companies in the business services, consumer, education and technology sectors. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.
BRSP vs FIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $83.2M | $143.5M |
| Net Profit | $-14.4M | $-97.7M |
| Gross Margin | — | — |
| Operating Margin | — | -45.7% |
| Net Margin | -17.3% | -68.1% |
| Revenue YoY | -0.4% | 77.7% |
| Net Profit YoY | 27.3% | 21.6% |
| EPS (diluted) | $-0.11 | $-1.04 |
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.
| Q4 25 | $83.2M | $143.5M | ||
| Q3 25 | $83.9M | $140.6M | ||
| Q2 25 | $85.9M | $122.3M | ||
| Q1 25 | $77.6M | $96.2M | ||
| Q4 24 | $83.5M | $80.8M | ||
| Q3 24 | $88.2M | $83.3M | ||
| Q2 24 | $91.4M | $84.9M | ||
| Q1 24 | $95.8M | $82.5M |
| Q4 25 | $-14.4M | $-97.7M | ||
| Q3 25 | $984.0K | $-104.5M | ||
| Q2 25 | $-23.1M | $-70.0M | ||
| Q1 25 | $5.3M | $120.2M | ||
| Q4 24 | $-19.7M | $-124.7M | ||
| Q3 24 | $12.7M | $-43.0M | ||
| Q2 24 | $-67.9M | $-48.1M | ||
| Q1 24 | $-57.1M | $-50.3M |
| Q4 25 | — | -45.7% | ||
| Q3 25 | -1.7% | -70.8% | ||
| Q2 25 | -54.5% | -56.4% | ||
| Q1 25 | 5.1% | 81.8% | ||
| Q4 24 | -24.9% | -152.7% | ||
| Q3 24 | 13.2% | -51.7% | ||
| Q2 24 | -74.9% | -56.4% | ||
| Q1 24 | -59.4% | -58.8% |
| Q4 25 | -17.3% | -68.1% | ||
| Q3 25 | 1.2% | -74.4% | ||
| Q2 25 | -26.9% | -57.2% | ||
| Q1 25 | 6.9% | 125.0% | ||
| Q4 24 | -23.7% | -154.4% | ||
| Q3 24 | 14.4% | -51.6% | ||
| Q2 24 | -74.2% | -56.7% | ||
| Q1 24 | -59.6% | -60.9% |
| Q4 25 | $-0.11 | $-1.04 | ||
| Q3 25 | $0.00 | $-1.38 | ||
| Q2 25 | $-0.19 | $-0.73 | ||
| Q1 25 | $0.04 | $0.89 | ||
| Q4 24 | $-0.16 | $-1.21 | ||
| Q3 24 | $0.09 | $-0.45 | ||
| Q2 24 | $-0.53 | $-0.52 | ||
| Q1 24 | $-0.45 | $-0.54 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.8M | $57.4M |
| Total DebtLower is stronger | $2.5B | $3.8B |
| Stockholders' EquityBook value | $938.4M | $21.3M |
| Total Assets | $3.6B | $5.7B |
| Debt / EquityLower = less leverage | 2.63× | 176.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.8M | $57.4M | ||
| Q3 25 | $113.4M | $34.7M | ||
| Q2 25 | $154.3M | $33.6M | ||
| Q1 25 | $200.9M | $26.3M | ||
| Q4 24 | $302.2M | $27.8M | ||
| Q3 24 | $263.8M | $20.3M | ||
| Q2 24 | $203.3M | $33.1M | ||
| Q1 24 | $221.5M | $23.0M |
| Q4 25 | $2.5B | $3.8B | ||
| Q3 25 | $2.2B | $3.7B | ||
| Q2 25 | $2.3B | $3.1B | ||
| Q1 25 | $2.3B | $2.8B | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.6B | $1.5B | ||
| Q2 24 | $2.5B | $1.6B | ||
| Q1 24 | $2.6B | $1.3B |
| Q4 25 | $938.4M | $21.3M | ||
| Q3 25 | $976.4M | $181.1M | ||
| Q2 25 | $994.4M | $375.5M | ||
| Q1 25 | $1.0B | $476.2M | ||
| Q4 24 | $1.0B | $202.7M | ||
| Q3 24 | $1.1B | $370.8M | ||
| Q2 24 | $1.1B | $394.8M | ||
| Q1 24 | $1.2B | $402.5M |
| Q4 25 | $3.6B | $5.7B | ||
| Q3 25 | $3.3B | $5.5B | ||
| Q2 25 | $3.4B | $4.4B | ||
| Q1 25 | $3.6B | $4.1B | ||
| Q4 24 | $3.7B | $2.4B | ||
| Q3 24 | $3.8B | $2.4B | ||
| Q2 24 | $3.8B | $2.5B | ||
| Q1 24 | $3.9B | $2.3B |
| Q4 25 | 2.63× | 176.99× | ||
| Q3 25 | 2.22× | 20.59× | ||
| Q2 25 | 2.27× | 8.21× | ||
| Q1 25 | 2.27× | 5.79× | ||
| Q4 24 | 2.38× | 7.84× | ||
| Q3 24 | 2.36× | 4.14× | ||
| Q2 24 | 2.28× | 3.94× | ||
| Q1 24 | 2.17× | 3.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $73.0M | $-2.8M |
| Free Cash FlowOCF − Capex | $55.1M | $-68.6M |
| FCF MarginFCF / Revenue | 66.2% | -47.8% |
| Capex IntensityCapex / Revenue | 21.6% | 45.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $102.0M | $-398.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $73.0M | $-2.8M | ||
| Q3 25 | $29.9M | $-24.4M | ||
| Q2 25 | $17.4M | $-5.2M | ||
| Q1 25 | $10.5M | $-85.7M | ||
| Q4 24 | $103.4M | $-8.1M | ||
| Q3 24 | $31.3M | $14.2M | ||
| Q2 24 | $22.9M | $-17.6M | ||
| Q1 24 | $24.6M | $-3.9M |
| Q4 25 | $55.1M | $-68.6M | ||
| Q3 25 | $27.4M | $-90.7M | ||
| Q2 25 | $11.6M | $-87.5M | ||
| Q1 25 | $8.0M | $-151.7M | ||
| Q4 24 | $97.3M | $-34.3M | ||
| Q3 24 | $28.3M | $-11.7M | ||
| Q2 24 | $22.7M | $-32.1M | ||
| Q1 24 | $22.2M | $-16.7M |
| Q4 25 | 66.2% | -47.8% | ||
| Q3 25 | 32.7% | -64.5% | ||
| Q2 25 | 13.4% | -71.6% | ||
| Q1 25 | 10.3% | -157.7% | ||
| Q4 24 | 116.6% | -42.4% | ||
| Q3 24 | 32.1% | -14.0% | ||
| Q2 24 | 24.9% | -37.9% | ||
| Q1 24 | 23.2% | -20.3% |
| Q4 25 | 21.6% | 45.9% | ||
| Q3 25 | 2.9% | 47.2% | ||
| Q2 25 | 6.8% | 67.3% | ||
| Q1 25 | 3.2% | 68.6% | ||
| Q4 24 | 7.3% | 32.5% | ||
| Q3 24 | 3.4% | 31.1% | ||
| Q2 24 | 0.1% | 17.2% | ||
| Q1 24 | 2.5% | 15.6% |
| Q4 25 | — | — | ||
| Q3 25 | 30.36× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.97× | -0.71× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.46× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BRSP
Segment breakdown not available.
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
