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Side-by-side financial comparison of DouYu International Holdings Ltd (DOYU) and FTAI Infrastructure Inc. (FIP). Click either name above to swap in a different company.

DouYu International Holdings Ltd is the larger business by last-quarter revenue ($147.1M vs $143.5M, roughly 1.0× FTAI Infrastructure Inc.).

DouYu International Holdings Ltd operates a leading live streaming platform centered on video game and esports content primarily in mainland China. It offers interactive live streams covering professional esports tournaments, casual gaming content, and variety entertainment, targeting young gaming enthusiasts as its core user base, with main revenue streams including virtual gifting, advertising, and paid memberships.

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.

DOYU vs FIP — Head-to-Head

Bigger by revenue
DOYU
DOYU
1.0× larger
DOYU
$147.1M
$143.5M
FIP

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
DOYU
DOYU
FIP
FIP
Revenue
$147.1M
$143.5M
Net Profit
$-97.7M
Gross Margin
13.5%
Operating Margin
-45.7%
Net Margin
-68.1%
Revenue YoY
77.7%
Net Profit YoY
21.6%
EPS (diluted)
$-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
DOYU
DOYU
FIP
FIP
Q4 25
$143.5M
Q3 25
$140.6M
Q2 25
$147.1M
$122.3M
Q1 25
$130.5M
$96.2M
Q4 24
$80.8M
Q3 24
$83.3M
Q2 24
$142.0M
$84.9M
Q1 24
$144.0M
$82.5M
Net Profit
DOYU
DOYU
FIP
FIP
Q4 25
$-97.7M
Q3 25
$-104.5M
Q2 25
$-70.0M
Q1 25
$-11.0M
$120.2M
Q4 24
$-124.7M
Q3 24
$-43.0M
Q2 24
$-6.8M
$-48.1M
Q1 24
$-12.2M
$-50.3M
Gross Margin
DOYU
DOYU
FIP
FIP
Q4 25
Q3 25
Q2 25
13.5%
Q1 25
12.0%
Q4 24
Q3 24
Q2 24
8.2%
Q1 24
10.5%
Operating Margin
DOYU
DOYU
FIP
FIP
Q4 25
-45.7%
Q3 25
-70.8%
Q2 25
-56.4%
Q1 25
-2.8%
81.8%
Q4 24
-152.7%
Q3 24
-51.7%
Q2 24
-11.6%
-56.4%
Q1 24
-16.1%
-58.8%
Net Margin
DOYU
DOYU
FIP
FIP
Q4 25
-68.1%
Q3 25
-74.4%
Q2 25
-57.2%
Q1 25
-8.4%
125.0%
Q4 24
-154.4%
Q3 24
-51.6%
Q2 24
-4.8%
-56.7%
Q1 24
-8.5%
-60.9%
EPS (diluted)
DOYU
DOYU
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

Balance Sheet & Financial Strength

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

Metric
DOYU
DOYU
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$214.4M
$57.4M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$279.9M
$21.3M
Total Assets
$448.1M
$5.7B
Debt / EquityLower = less leverage
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOYU
DOYU
FIP
FIP
Q4 25
$57.4M
Q3 25
$34.7M
Q2 25
$214.4M
$33.6M
Q1 25
$35.2M
$26.3M
Q4 24
$27.8M
Q3 24
$20.3M
Q2 24
$558.8M
$33.1M
Q1 24
$70.7M
$23.0M
Total Debt
DOYU
DOYU
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
DOYU
DOYU
FIP
FIP
Q4 25
$21.3M
Q3 25
$181.1M
Q2 25
$279.9M
$375.5M
Q1 25
$37.4M
$476.2M
Q4 24
$202.7M
Q3 24
$370.8M
Q2 24
$895.6M
$394.8M
Q1 24
$126.4M
$402.5M
Total Assets
DOYU
DOYU
FIP
FIP
Q4 25
$5.7B
Q3 25
$5.5B
Q2 25
$448.1M
$4.4B
Q1 25
$60.8M
$4.1B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$1.1B
$2.5B
Q1 24
$156.2M
$2.3B
Debt / Equity
DOYU
DOYU
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
DOYU
DOYU
FIP
FIP
Operating Cash FlowLast quarter
$-2.8M
Free Cash FlowOCF − Capex
$-68.6M
FCF MarginFCF / Revenue
-47.8%
Capex IntensityCapex / Revenue
45.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-398.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOYU
DOYU
FIP
FIP
Q4 25
$-2.8M
Q3 25
$-24.4M
Q2 25
$-5.2M
Q1 25
$-85.7M
Q4 24
$-8.1M
Q3 24
$14.2M
Q2 24
$-17.6M
Q1 24
$-3.9M
Free Cash Flow
DOYU
DOYU
FIP
FIP
Q4 25
$-68.6M
Q3 25
$-90.7M
Q2 25
$-87.5M
Q1 25
$-151.7M
Q4 24
$-34.3M
Q3 24
$-11.7M
Q2 24
$-32.1M
Q1 24
$-16.7M
FCF Margin
DOYU
DOYU
FIP
FIP
Q4 25
-47.8%
Q3 25
-64.5%
Q2 25
-71.6%
Q1 25
-157.7%
Q4 24
-42.4%
Q3 24
-14.0%
Q2 24
-37.9%
Q1 24
-20.3%
Capex Intensity
DOYU
DOYU
FIP
FIP
Q4 25
45.9%
Q3 25
47.2%
Q2 25
67.3%
Q1 25
68.6%
Q4 24
32.5%
Q3 24
31.1%
Q2 24
17.2%
Q1 24
15.6%
Cash Conversion
DOYU
DOYU
FIP
FIP
Q4 25
Q3 25
Q2 25
Q1 25
-0.71×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

DOYU
DOYU

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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