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Side-by-side financial comparison of CORCEPT THERAPEUTICS INC (CORT) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.

CORCEPT THERAPEUTICS INC is the larger business by last-quarter revenue ($202.1M vs $143.5M, roughly 1.4× FTAI Infrastructure Inc.). CORCEPT THERAPEUTICS INC runs the higher net margin — 12.0% vs -68.1%, a 80.1% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 11.1%). CORCEPT THERAPEUTICS INC produced more free cash flow last quarter ($38.4M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 17.3%).

Corcept Therapeutics Inc. is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. Corcept has focused on the adverse effects of excess cortisol, studying new compounds that may mitigate those effects. Its executive team is headed by CEO, president and director Joseph K. Belanoff, MD.

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.

CORT vs FIP — Head-to-Head

Bigger by revenue
CORT
CORT
1.4× larger
CORT
$202.1M
$143.5M
FIP
Growing faster (revenue YoY)
FIP
FIP
+66.6% gap
FIP
77.7%
11.1%
CORT
Higher net margin
CORT
CORT
80.1% more per $
CORT
12.0%
-68.1%
FIP
More free cash flow
CORT
CORT
$107.0M more FCF
CORT
$38.4M
$-68.6M
FIP
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
31.9%
17.3%
CORT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CORT
CORT
FIP
FIP
Revenue
$202.1M
$143.5M
Net Profit
$24.3M
$-97.7M
Gross Margin
98.7%
Operating Margin
2.2%
-45.7%
Net Margin
12.0%
-68.1%
Revenue YoY
11.1%
77.7%
Net Profit YoY
-21.0%
21.6%
EPS (diluted)
$0.20
$-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.

Revenue
CORT
CORT
FIP
FIP
Q4 25
$202.1M
$143.5M
Q3 25
$207.6M
$140.6M
Q2 25
$194.4M
$122.3M
Q1 25
$157.2M
$96.2M
Q4 24
$181.9M
$80.8M
Q3 24
$182.5M
$83.3M
Q2 24
$163.8M
$84.9M
Q1 24
$146.8M
$82.5M
Net Profit
CORT
CORT
FIP
FIP
Q4 25
$24.3M
$-97.7M
Q3 25
$19.7M
$-104.5M
Q2 25
$35.1M
$-70.0M
Q1 25
$20.5M
$120.2M
Q4 24
$30.7M
$-124.7M
Q3 24
$47.2M
$-43.0M
Q2 24
$35.5M
$-48.1M
Q1 24
$27.8M
$-50.3M
Gross Margin
CORT
CORT
FIP
FIP
Q4 25
98.7%
Q3 25
97.8%
Q2 25
98.2%
Q1 25
98.5%
Q4 24
98.4%
Q3 24
98.4%
Q2 24
98.5%
Q1 24
98.3%
Operating Margin
CORT
CORT
FIP
FIP
Q4 25
2.2%
-45.7%
Q3 25
4.9%
-70.8%
Q2 25
13.7%
-56.4%
Q1 25
2.2%
81.8%
Q4 24
13.9%
-152.7%
Q3 24
25.5%
-51.7%
Q2 24
21.7%
-56.4%
Q1 24
20.1%
-58.8%
Net Margin
CORT
CORT
FIP
FIP
Q4 25
12.0%
-68.1%
Q3 25
9.5%
-74.4%
Q2 25
18.1%
-57.2%
Q1 25
13.1%
125.0%
Q4 24
16.9%
-154.4%
Q3 24
25.9%
-51.6%
Q2 24
21.7%
-56.7%
Q1 24
18.9%
-60.9%
EPS (diluted)
CORT
CORT
FIP
FIP
Q4 25
$0.20
$-1.04
Q3 25
$0.16
$-1.38
Q2 25
$0.29
$-0.73
Q1 25
$0.17
$0.89
Q4 24
$0.25
$-1.21
Q3 24
$0.41
$-0.45
Q2 24
$0.32
$-0.52
Q1 24
$0.25
$-0.54

Balance Sheet & Financial Strength

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

Metric
CORT
CORT
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$372.2M
$57.4M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$647.8M
$21.3M
Total Assets
$836.7M
$5.7B
Debt / EquityLower = less leverage
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CORT
CORT
FIP
FIP
Q4 25
$372.2M
$57.4M
Q3 25
$421.7M
$34.7M
Q2 25
$342.2M
$33.6M
Q1 25
$322.8M
$26.3M
Q4 24
$383.3M
$27.8M
Q3 24
$380.3M
$20.3M
Q2 24
$473.2M
$33.1M
Q1 24
$410.8M
$23.0M
Total Debt
CORT
CORT
FIP
FIP
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.6B
Q1 24
$1.3B
Stockholders' Equity
CORT
CORT
FIP
FIP
Q4 25
$647.8M
$21.3M
Q3 25
$631.9M
$181.1M
Q2 25
$635.8M
$375.5M
Q1 25
$683.3M
$476.2M
Q4 24
$679.6M
$202.7M
Q3 24
$638.8M
$370.8M
Q2 24
$596.2M
$394.8M
Q1 24
$547.9M
$402.5M
Total Assets
CORT
CORT
FIP
FIP
Q4 25
$836.7M
$5.7B
Q3 25
$823.6M
$5.5B
Q2 25
$801.7M
$4.4B
Q1 25
$846.5M
$4.1B
Q4 24
$840.6M
$2.4B
Q3 24
$784.3M
$2.4B
Q2 24
$714.6M
$2.5B
Q1 24
$655.9M
$2.3B
Debt / Equity
CORT
CORT
FIP
FIP
Q4 25
176.99×
Q3 25
20.59×
Q2 25
8.21×
Q1 25
5.79×
Q4 24
7.84×
Q3 24
4.14×
Q2 24
3.94×
Q1 24
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
CORT
CORT
FIP
FIP
Operating Cash FlowLast quarter
$38.4M
$-2.8M
Free Cash FlowOCF − Capex
$38.4M
$-68.6M
FCF MarginFCF / Revenue
19.0%
-47.8%
Capex IntensityCapex / Revenue
0.0%
45.9%
Cash ConversionOCF / Net Profit
1.58×
TTM Free Cash FlowTrailing 4 quarters
$-398.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CORT
CORT
FIP
FIP
Q4 25
$38.4M
$-2.8M
Q3 25
$54.5M
$-24.4M
Q2 25
$43.9M
$-5.2M
Q1 25
$5.1M
$-85.7M
Q4 24
$59.3M
$-8.1M
Q3 24
$73.8M
$14.2M
Q2 24
$41.2M
$-17.6M
Q1 24
$23.8M
$-3.9M
Free Cash Flow
CORT
CORT
FIP
FIP
Q4 25
$38.4M
$-68.6M
Q3 25
$-90.7M
Q2 25
$43.9M
$-87.5M
Q1 25
$5.0M
$-151.7M
Q4 24
$59.2M
$-34.3M
Q3 24
$72.2M
$-11.7M
Q2 24
$40.8M
$-32.1M
Q1 24
$-16.7M
FCF Margin
CORT
CORT
FIP
FIP
Q4 25
19.0%
-47.8%
Q3 25
-64.5%
Q2 25
22.6%
-71.6%
Q1 25
3.2%
-157.7%
Q4 24
32.5%
-42.4%
Q3 24
39.5%
-14.0%
Q2 24
24.9%
-37.9%
Q1 24
-20.3%
Capex Intensity
CORT
CORT
FIP
FIP
Q4 25
0.0%
45.9%
Q3 25
0.0%
47.2%
Q2 25
0.0%
67.3%
Q1 25
0.1%
68.6%
Q4 24
0.1%
32.5%
Q3 24
0.9%
31.1%
Q2 24
0.3%
17.2%
Q1 24
0.0%
15.6%
Cash Conversion
CORT
CORT
FIP
FIP
Q4 25
1.58×
Q3 25
2.77×
Q2 25
1.25×
Q1 25
0.25×
-0.71×
Q4 24
1.93×
Q3 24
1.56×
Q2 24
1.16×
Q1 24
0.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CORT
CORT

Segment breakdown not available.

FIP
FIP

Power Revenues$45.9M32%
Rail Revenue$44.6M31%
Service Other$22.8M16%
Gas Revenues$15.3M11%
Roadside Services Revenues$11.5M8%
Rapauno$1.2M1%

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