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Side-by-side financial comparison of CANADIAN NATIONAL RAILWAY CO (CNI) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.

The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States. It is one of Canada's two main freight rail companies, along with Canadian Pacific Kansas City.

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.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNI
CNI
FIP
FIP
Q4 25
$143.5M
Q3 25
$140.6M
Q2 25
$122.3M
Q1 25
$96.2M
Q4 24
$80.8M
Q3 24
$83.3M
Q2 24
$84.9M
Q1 24
$82.5M
Net Profit
CNI
CNI
FIP
FIP
Q4 25
$-97.7M
Q3 25
$-104.5M
Q2 25
$-70.0M
Q1 25
$120.2M
Q4 24
$-124.7M
Q3 24
$-43.0M
Q2 24
$-48.1M
Q1 24
$-50.3M
Operating Margin
CNI
CNI
FIP
FIP
Q4 25
-45.7%
Q3 25
-70.8%
Q2 25
-56.4%
Q1 25
81.8%
Q4 24
-152.7%
Q3 24
-51.7%
Q2 24
-56.4%
Q1 24
-58.8%
Net Margin
CNI
CNI
FIP
FIP
Q4 25
-68.1%
Q3 25
-74.4%
Q2 25
-57.2%
Q1 25
125.0%
Q4 24
-154.4%
Q3 24
-51.6%
Q2 24
-56.7%
Q1 24
-60.9%
EPS (diluted)
CNI
CNI
FIP
FIP
Q4 25
$-1.04
Q3 25
$-1.38
Q2 25
$-0.73
Q1 25
$0.89
Q4 24
$-1.21
Q3 24
$-0.45
Q2 24
$-0.52
Q1 24
$-0.54

Financial Flow Comparison

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

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