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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and Five9, Inc. (FIVN). Click either name above to swap in a different company.

Five9, Inc. is the larger business by last-quarter revenue ($300.3M vs $188.4M, roughly 1.6× FTAI Infrastructure Inc.). On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (95.9% vs 7.8%). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (49.0% CAGR vs 10.3%).

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.

Five9, Inc. is a leading global provider of cloud-native contact center software and solutions. It serves enterprises of all sizes across retail, healthcare, financial services, and technology sectors, offering omnichannel customer engagement tools, AI-powered automation, workforce management, and analytics to boost customer experience and operational efficiency.

FIP vs FIVN — Head-to-Head

Bigger by revenue
FIVN
FIVN
1.6× larger
FIVN
$300.3M
$188.4M
FIP
Growing faster (revenue YoY)
FIP
FIP
+88.1% gap
FIP
95.9%
7.8%
FIVN
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
49.0%
10.3%
FIVN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FIP
FIP
FIVN
FIVN
Revenue
$188.4M
$300.3M
Net Profit
$-150.2M
Gross Margin
55.4%
Operating Margin
6.6%
Net Margin
-79.7%
Revenue YoY
95.9%
7.8%
Net Profit YoY
-387.6%
EPS (diluted)
$-1.32
$0.22

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
FIP
FIP
FIVN
FIVN
Q1 26
$188.4M
Q4 25
$143.5M
$300.3M
Q3 25
$140.6M
$285.8M
Q2 25
$122.3M
$283.3M
Q1 25
$96.2M
$279.7M
Q4 24
$80.8M
$278.7M
Q3 24
$83.3M
$264.2M
Q2 24
$84.9M
$252.1M
Net Profit
FIP
FIP
FIVN
FIVN
Q1 26
$-150.2M
Q4 25
$-97.7M
Q3 25
$-104.5M
$18.0M
Q2 25
$-70.0M
$1.2M
Q1 25
$120.2M
$576.0K
Q4 24
$-124.7M
Q3 24
$-43.0M
$-4.5M
Q2 24
$-48.1M
$-12.8M
Gross Margin
FIP
FIP
FIVN
FIVN
Q1 26
Q4 25
55.4%
Q3 25
55.0%
Q2 25
54.9%
Q1 25
55.0%
Q4 24
56.0%
Q3 24
53.8%
Q2 24
53.0%
Operating Margin
FIP
FIP
FIVN
FIVN
Q1 26
Q4 25
-45.7%
6.6%
Q3 25
-70.8%
5.6%
Q2 25
-56.4%
-0.6%
Q1 25
81.8%
-1.9%
Q4 24
-152.7%
1.5%
Q3 24
-51.7%
-5.8%
Q2 24
-56.4%
-7.7%
Net Margin
FIP
FIP
FIVN
FIVN
Q1 26
-79.7%
Q4 25
-68.1%
Q3 25
-74.4%
6.3%
Q2 25
-57.2%
0.4%
Q1 25
125.0%
0.2%
Q4 24
-154.4%
Q3 24
-51.6%
-1.7%
Q2 24
-56.7%
-5.1%
EPS (diluted)
FIP
FIP
FIVN
FIVN
Q1 26
$-1.32
Q4 25
$-1.04
$0.22
Q3 25
$-1.38
$0.21
Q2 25
$-0.73
$0.01
Q1 25
$0.89
$0.01
Q4 24
$-1.21
$0.16
Q3 24
$-0.45
$-0.06
Q2 24
$-0.52
$-0.17

Balance Sheet & Financial Strength

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

Metric
FIP
FIP
FIVN
FIVN
Cash + ST InvestmentsLiquidity on hand
$37.9M
$232.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$-122.5K
$785.8M
Total Assets
$5.7B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIP
FIP
FIVN
FIVN
Q1 26
$37.9M
Q4 25
$57.4M
$232.1M
Q3 25
$34.7M
$193.4M
Q2 25
$33.6M
$205.5M
Q1 25
$26.3M
$370.3M
Q4 24
$27.8M
$362.5M
Q3 24
$20.3M
$291.0M
Q2 24
$33.1M
$175.7M
Total Debt
FIP
FIP
FIVN
FIVN
Q1 26
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
Stockholders' Equity
FIP
FIP
FIVN
FIVN
Q1 26
$-122.5K
Q4 25
$21.3M
$785.8M
Q3 25
$181.1M
$775.3M
Q2 25
$375.5M
$717.4M
Q1 25
$476.2M
$664.3M
Q4 24
$202.7M
$622.2M
Q3 24
$370.8M
$565.6M
Q2 24
$394.8M
$525.9M
Total Assets
FIP
FIP
FIVN
FIVN
Q1 26
$5.7B
Q4 25
$5.7B
$1.8B
Q3 25
$5.5B
$1.8B
Q2 25
$4.4B
$1.7B
Q1 25
$4.1B
$2.1B
Q4 24
$2.4B
$2.1B
Q3 24
$2.4B
$2.0B
Q2 24
$2.5B
$1.9B
Debt / Equity
FIP
FIP
FIVN
FIVN
Q1 26
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×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FIP
FIP
FIVN
FIVN
Operating Cash FlowLast quarter
$-69.4M
$83.6M
Free Cash FlowOCF − Capex
$77.3M
FCF MarginFCF / Revenue
25.8%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$201.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIP
FIP
FIVN
FIVN
Q1 26
$-69.4M
Q4 25
$-2.8M
$83.6M
Q3 25
$-24.4M
$59.2M
Q2 25
$-5.2M
$35.1M
Q1 25
$-85.7M
$48.4M
Q4 24
$-8.1M
$49.8M
Q3 24
$14.2M
$41.1M
Q2 24
$-17.6M
$19.9M
Free Cash Flow
FIP
FIP
FIVN
FIVN
Q1 26
Q4 25
$-68.6M
$77.3M
Q3 25
$-90.7M
$48.7M
Q2 25
$-87.5M
$31.6M
Q1 25
$-151.7M
$43.7M
Q4 24
$-34.3M
$40.5M
Q3 24
$-11.7M
$26.7M
Q2 24
$-32.1M
$13.1M
FCF Margin
FIP
FIP
FIVN
FIVN
Q1 26
Q4 25
-47.8%
25.8%
Q3 25
-64.5%
17.0%
Q2 25
-71.6%
11.1%
Q1 25
-157.7%
15.6%
Q4 24
-42.4%
14.5%
Q3 24
-14.0%
10.1%
Q2 24
-37.9%
5.2%
Capex Intensity
FIP
FIP
FIVN
FIVN
Q1 26
Q4 25
45.9%
2.1%
Q3 25
47.2%
3.7%
Q2 25
67.3%
1.2%
Q1 25
68.6%
1.7%
Q4 24
32.5%
3.3%
Q3 24
31.1%
5.4%
Q2 24
17.2%
2.7%
Cash Conversion
FIP
FIP
FIVN
FIVN
Q1 26
Q4 25
Q3 25
3.29×
Q2 25
30.38×
Q1 25
-0.71×
84.00×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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