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Side-by-side financial comparison of Eventbrite, Inc. (EB) 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 $73.5M, roughly 2.0× Eventbrite, Inc.). Eventbrite, Inc. runs the higher net margin — -11.1% vs -68.1%, a 57.0% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs -3.9%). Eventbrite, Inc. produced more free cash flow last quarter ($-60.9M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs -7.7%).

Eventbrite is an American live events marketplace and website. The service allows users to browse, create, and promote local events. It is free to publish unlimited events of any size on Eventbrite.

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.

EB vs FIP — Head-to-Head

Bigger by revenue
FIP
FIP
2.0× larger
FIP
$143.5M
$73.5M
EB
Growing faster (revenue YoY)
FIP
FIP
+81.6% gap
FIP
77.7%
-3.9%
EB
Higher net margin
EB
EB
57.0% more per $
EB
-11.1%
-68.1%
FIP
More free cash flow
EB
EB
$7.8M more FCF
EB
$-60.9M
$-68.6M
FIP
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
31.9%
-7.7%
EB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EB
EB
FIP
FIP
Revenue
$73.5M
$143.5M
Net Profit
$-8.2M
$-97.7M
Gross Margin
68.1%
Operating Margin
-12.4%
-45.7%
Net Margin
-11.1%
-68.1%
Revenue YoY
-3.9%
77.7%
Net Profit YoY
2.5%
21.6%
EPS (diluted)
$-0.08
$-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
EB
EB
FIP
FIP
Q4 25
$73.5M
$143.5M
Q3 25
$71.7M
$140.6M
Q2 25
$72.8M
$122.3M
Q1 25
$73.8M
$96.2M
Q4 24
$76.5M
$80.8M
Q3 24
$77.8M
$83.3M
Q2 24
$84.6M
$84.9M
Q1 24
$86.3M
$82.5M
Net Profit
EB
EB
FIP
FIP
Q4 25
$-8.2M
$-97.7M
Q3 25
$6.4M
$-104.5M
Q2 25
$-2.1M
$-70.0M
Q1 25
$-6.6M
$120.2M
Q4 24
$-8.4M
$-124.7M
Q3 24
$-3.8M
$-43.0M
Q2 24
$1.1M
$-48.1M
Q1 24
$-4.5M
$-50.3M
Gross Margin
EB
EB
FIP
FIP
Q4 25
68.1%
Q3 25
67.9%
Q2 25
67.5%
Q1 25
66.9%
Q4 24
68.2%
Q3 24
68.5%
Q2 24
70.9%
Q1 24
71.0%
Operating Margin
EB
EB
FIP
FIP
Q4 25
-12.4%
-45.7%
Q3 25
-1.3%
-70.8%
Q2 25
-8.7%
-56.4%
Q1 25
-13.2%
81.8%
Q4 24
-10.2%
-152.7%
Q3 24
-11.5%
-51.7%
Q2 24
-7.6%
-56.4%
Q1 24
-8.8%
-58.8%
Net Margin
EB
EB
FIP
FIP
Q4 25
-11.1%
-68.1%
Q3 25
8.9%
-74.4%
Q2 25
-2.9%
-57.2%
Q1 25
-9.0%
125.0%
Q4 24
-11.0%
-154.4%
Q3 24
-4.8%
-51.6%
Q2 24
1.3%
-56.7%
Q1 24
-5.2%
-60.9%
EPS (diluted)
EB
EB
FIP
FIP
Q4 25
$-0.08
$-1.04
Q3 25
$0.06
$-1.38
Q2 25
$-0.02
$-0.73
Q1 25
$-0.07
$0.89
Q4 24
$-0.09
$-1.21
Q3 24
$-0.04
$-0.45
Q2 24
$0.01
$-0.52
Q1 24
$-0.05
$-0.54

Balance Sheet & Financial Strength

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

Metric
EB
EB
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$299.9M
$57.4M
Total DebtLower is stronger
$144.4M
$3.8B
Stockholders' EquityBook value
$179.1M
$21.3M
Total Assets
$647.2M
$5.7B
Debt / EquityLower = less leverage
0.81×
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EB
EB
FIP
FIP
Q4 25
$299.9M
$57.4M
Q3 25
$34.7M
Q2 25
$33.6M
Q1 25
$26.3M
Q4 24
$441.5M
$27.8M
Q3 24
$24.7M
$20.3M
Q2 24
$56.7M
$33.1M
Q1 24
$113.7M
$23.0M
Total Debt
EB
EB
FIP
FIP
Q4 25
$144.4M
$3.8B
Q3 25
$174.9M
$3.7B
Q2 25
$241.3M
$3.1B
Q1 25
$241.0M
$2.8B
Q4 24
$240.7M
$1.6B
Q3 24
$240.4M
$1.5B
Q2 24
$358.7M
$1.6B
Q1 24
$358.2M
$1.3B
Stockholders' Equity
EB
EB
FIP
FIP
Q4 25
$179.1M
$21.3M
Q3 25
$189.1M
$181.1M
Q2 25
$177.2M
$375.5M
Q1 25
$173.3M
$476.2M
Q4 24
$170.2M
$202.7M
Q3 24
$179.8M
$370.8M
Q2 24
$176.2M
$394.8M
Q1 24
$184.1M
$402.5M
Total Assets
EB
EB
FIP
FIP
Q4 25
$647.2M
$5.7B
Q3 25
$744.6M
$5.5B
Q2 25
$784.1M
$4.4B
Q1 25
$812.3M
$4.1B
Q4 24
$752.3M
$2.4B
Q3 24
$817.4M
$2.4B
Q2 24
$894.5M
$2.5B
Q1 24
$952.2M
$2.3B
Debt / Equity
EB
EB
FIP
FIP
Q4 25
0.81×
176.99×
Q3 25
0.92×
20.59×
Q2 25
1.36×
8.21×
Q1 25
1.39×
5.79×
Q4 24
1.41×
7.84×
Q3 24
1.34×
4.14×
Q2 24
2.04×
3.94×
Q1 24
1.95×
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
EB
EB
FIP
FIP
Operating Cash FlowLast quarter
$-60.8M
$-2.8M
Free Cash FlowOCF − Capex
$-60.9M
$-68.6M
FCF MarginFCF / Revenue
-82.8%
-47.8%
Capex IntensityCapex / Revenue
0.0%
45.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$17.6M
$-398.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EB
EB
FIP
FIP
Q4 25
$-60.8M
$-2.8M
Q3 25
$36.7M
$-24.4M
Q2 25
$-17.5M
$-5.2M
Q1 25
$59.4M
$-85.7M
Q4 24
$-45.3M
$-8.1M
Q3 24
$44.6M
$14.2M
Q2 24
$-32.3M
$-17.6M
Q1 24
$68.6M
$-3.9M
Free Cash Flow
EB
EB
FIP
FIP
Q4 25
$-60.9M
$-68.6M
Q3 25
$36.6M
$-90.7M
Q2 25
$-17.5M
$-87.5M
Q1 25
$59.4M
$-151.7M
Q4 24
$-45.3M
$-34.3M
Q3 24
$44.4M
$-11.7M
Q2 24
$-32.4M
$-32.1M
Q1 24
$68.2M
$-16.7M
FCF Margin
EB
EB
FIP
FIP
Q4 25
-82.8%
-47.8%
Q3 25
51.1%
-64.5%
Q2 25
-24.1%
-71.6%
Q1 25
80.4%
-157.7%
Q4 24
-59.2%
-42.4%
Q3 24
57.1%
-14.0%
Q2 24
-38.3%
-37.9%
Q1 24
79.1%
-20.3%
Capex Intensity
EB
EB
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
0.0%
32.5%
Q3 24
0.2%
31.1%
Q2 24
0.1%
17.2%
Q1 24
0.4%
15.6%
Cash Conversion
EB
EB
FIP
FIP
Q4 25
Q3 25
5.76×
Q2 25
Q1 25
-0.71×
Q4 24
Q3 24
Q2 24
-30.37×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EB
EB

US$52.0M71%
Other$21.6M29%

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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