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

FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($143.5M vs $83.4M, roughly 1.7× MARKETWISE, INC.). MARKETWISE, INC. runs the higher net margin — 2.3% vs -68.1%, a 70.4% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs -14.4%). MARKETWISE, INC. produced more free cash flow last quarter ($45.6M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs -12.5%).

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.

MarketWise Inc. is a leading provider of investment research, financial market data, and wealth management education solutions. It serves both retail and institutional investors across North America, Europe, and the Asia-Pacific region, offering actionable market insights, portfolio analysis tools, and specialized multi-asset research.

FIP vs MKTW — Head-to-Head

Bigger by revenue
FIP
FIP
1.7× larger
FIP
$143.5M
$83.4M
MKTW
Growing faster (revenue YoY)
FIP
FIP
+92.1% gap
FIP
77.7%
-14.4%
MKTW
Higher net margin
MKTW
MKTW
70.4% more per $
MKTW
2.3%
-68.1%
FIP
More free cash flow
MKTW
MKTW
$114.2M more FCF
MKTW
$45.6M
$-68.6M
FIP
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
31.9%
-12.5%
MKTW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FIP
FIP
MKTW
MKTW
Revenue
$143.5M
$83.4M
Net Profit
$-97.7M
$1.9M
Gross Margin
87.0%
Operating Margin
-45.7%
15.8%
Net Margin
-68.1%
2.3%
Revenue YoY
77.7%
-14.4%
Net Profit YoY
21.6%
-9.8%
EPS (diluted)
$-1.04
$0.79

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
MKTW
MKTW
Q4 25
$143.5M
$83.4M
Q3 25
$140.6M
$81.3M
Q2 25
$122.3M
$80.0M
Q1 25
$96.2M
$83.5M
Q4 24
$80.8M
$97.5M
Q3 24
$83.3M
$97.2M
Q2 24
$84.9M
$105.0M
Q1 24
$82.5M
$109.0M
Net Profit
FIP
FIP
MKTW
MKTW
Q4 25
$-97.7M
$1.9M
Q3 25
$-104.5M
$1.5M
Q2 25
$-70.0M
$1.3M
Q1 25
$120.2M
$890.0K
Q4 24
$-124.7M
$2.1M
Q3 24
$-43.0M
$1.7M
Q2 24
$-48.1M
$1.5M
Q1 24
$-50.3M
$1.7M
Gross Margin
FIP
FIP
MKTW
MKTW
Q4 25
87.0%
Q3 25
87.0%
Q2 25
86.3%
Q1 25
85.7%
Q4 24
88.7%
Q3 24
86.7%
Q2 24
87.3%
Q1 24
87.7%
Operating Margin
FIP
FIP
MKTW
MKTW
Q4 25
-45.7%
15.8%
Q3 25
-70.8%
21.9%
Q2 25
-56.4%
18.5%
Q1 25
81.8%
20.1%
Q4 24
-152.7%
24.8%
Q3 24
-51.7%
22.5%
Q2 24
-56.4%
20.3%
Q1 24
-58.8%
19.8%
Net Margin
FIP
FIP
MKTW
MKTW
Q4 25
-68.1%
2.3%
Q3 25
-74.4%
1.9%
Q2 25
-57.2%
1.6%
Q1 25
125.0%
1.1%
Q4 24
-154.4%
2.2%
Q3 24
-51.6%
1.8%
Q2 24
-56.7%
1.5%
Q1 24
-60.9%
1.5%
EPS (diluted)
FIP
FIP
MKTW
MKTW
Q4 25
$-1.04
$0.79
Q3 25
$-1.38
$0.58
Q2 25
$-0.73
$0.53
Q1 25
$0.89
$0.41
Q4 24
$-1.21
$1.06
Q3 24
$-0.45
$0.87
Q2 24
$-0.52
$0.80
Q1 24
$-0.54
$0.85

Balance Sheet & Financial Strength

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

Metric
FIP
FIP
MKTW
MKTW
Cash + ST InvestmentsLiquidity on hand
$57.4M
$70.1M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$21.3M
$-11.7M
Total Assets
$5.7B
$218.4M
Debt / EquityLower = less leverage
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIP
FIP
MKTW
MKTW
Q4 25
$57.4M
$70.1M
Q3 25
$34.7M
$50.5M
Q2 25
$33.6M
$69.1M
Q1 25
$26.3M
$79.2M
Q4 24
$27.8M
$97.9M
Q3 24
$20.3M
$94.1M
Q2 24
$33.1M
$109.3M
Q1 24
$23.0M
$131.2M
Total Debt
FIP
FIP
MKTW
MKTW
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
$707.0K
Stockholders' Equity
FIP
FIP
MKTW
MKTW
Q4 25
$21.3M
$-11.7M
Q3 25
$181.1M
$-14.5M
Q2 25
$375.5M
$-15.8M
Q1 25
$476.2M
$-15.8M
Q4 24
$202.7M
$-12.5M
Q3 24
$370.8M
$-19.5M
Q2 24
$394.8M
$-23.7M
Q1 24
$402.5M
$-9.4M
Total Assets
FIP
FIP
MKTW
MKTW
Q4 25
$5.7B
$218.4M
Q3 25
$5.5B
$201.7M
Q2 25
$4.4B
$211.8M
Q1 25
$4.1B
$239.6M
Q4 24
$2.4B
$259.5M
Q3 24
$2.4B
$278.4M
Q2 24
$2.5B
$315.3M
Q1 24
$2.3B
$359.3M
Debt / Equity
FIP
FIP
MKTW
MKTW
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
FIP
FIP
MKTW
MKTW
Operating Cash FlowLast quarter
$-2.8M
$46.0M
Free Cash FlowOCF − Capex
$-68.6M
$45.6M
FCF MarginFCF / Revenue
-47.8%
54.6%
Capex IntensityCapex / Revenue
45.9%
0.5%
Cash ConversionOCF / Net Profit
23.84×
TTM Free Cash FlowTrailing 4 quarters
$-398.5M
$67.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIP
FIP
MKTW
MKTW
Q4 25
$-2.8M
$46.0M
Q3 25
$-24.4M
$2.2M
Q2 25
$-5.2M
$17.8M
Q1 25
$-85.7M
$1.7M
Q4 24
$-8.1M
$-22.1M
Q3 24
$14.2M
$-5.8M
Q2 24
$-17.6M
$-3.8M
Q1 24
$-3.9M
$-18.5M
Free Cash Flow
FIP
FIP
MKTW
MKTW
Q4 25
$-68.6M
$45.6M
Q3 25
$-90.7M
$2.2M
Q2 25
$-87.5M
$17.7M
Q1 25
$-151.7M
$1.7M
Q4 24
$-34.3M
$-22.3M
Q3 24
$-11.7M
$-5.9M
Q2 24
$-32.1M
$-3.8M
Q1 24
$-16.7M
FCF Margin
FIP
FIP
MKTW
MKTW
Q4 25
-47.8%
54.6%
Q3 25
-64.5%
2.7%
Q2 25
-71.6%
22.2%
Q1 25
-157.7%
2.0%
Q4 24
-42.4%
-22.9%
Q3 24
-14.0%
-6.0%
Q2 24
-37.9%
-3.6%
Q1 24
-20.3%
Capex Intensity
FIP
FIP
MKTW
MKTW
Q4 25
45.9%
0.5%
Q3 25
47.2%
0.0%
Q2 25
67.3%
0.1%
Q1 25
68.6%
0.1%
Q4 24
32.5%
0.1%
Q3 24
31.1%
0.0%
Q2 24
17.2%
0.0%
Q1 24
15.6%
0.0%
Cash Conversion
FIP
FIP
MKTW
MKTW
Q4 25
23.84×
Q3 25
1.44×
Q2 25
13.76×
Q1 25
-0.71×
1.95×
Q4 24
-10.36×
Q3 24
-3.39×
Q2 24
-2.46×
Q1 24
-11.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

MKTW
MKTW

Segment breakdown not available.

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