vs

Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and NIQ Global Intelligence plc (NIQ). Click either name above to swap in a different company.

NIQ Global Intelligence plc is the larger business by last-quarter revenue ($204.2M vs $188.4M, roughly 1.1× FTAI Infrastructure Inc.). NIQ Global Intelligence plc runs the higher net margin — 88.6% vs -79.7%, a 168.3% gap on every dollar of revenue.

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.

NIQ Global Intelligence plc, operating as NielsenIQ, is a leading global provider of consumer behavior insights, retail analytics, and market measurement services. It serves CPG brands, retailers, and media entities across 100+ markets, delivering data-backed solutions to help clients understand shopper preferences and optimize business strategies.

FIP vs NIQ — Head-to-Head

Bigger by revenue
NIQ
NIQ
1.1× larger
NIQ
$204.2M
$188.4M
FIP
Higher net margin
NIQ
NIQ
168.3% more per $
NIQ
88.6%
-79.7%
FIP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FIP
FIP
NIQ
NIQ
Revenue
$188.4M
$204.2M
Net Profit
$-150.2M
$180.8M
Gross Margin
Operating Margin
Net Margin
-79.7%
88.6%
Revenue YoY
95.9%
Net Profit YoY
-387.6%
EPS (diluted)
$-1.32
$0.83

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
NIQ
NIQ
Q1 26
$188.4M
Q4 25
$143.5M
$204.2M
Q3 25
$140.6M
$205.1M
Q2 25
$122.3M
$213.4M
Q1 25
$96.2M
$221.8M
Q4 24
$80.8M
Q3 24
$83.3M
$207.3M
Q2 24
$84.9M
$212.4M
Net Profit
FIP
FIP
NIQ
NIQ
Q1 26
$-150.2M
Q4 25
$-97.7M
$180.8M
Q3 25
$-104.5M
$-16.2M
Q2 25
$-70.0M
$110.3M
Q1 25
$120.2M
$23.7M
Q4 24
$-124.7M
Q3 24
$-43.0M
$16.7M
Q2 24
$-48.1M
$-48.6M
Operating Margin
FIP
FIP
NIQ
NIQ
Q1 26
Q4 25
-45.7%
Q3 25
-70.8%
Q2 25
-56.4%
Q1 25
81.8%
24.2%
Q4 24
-152.7%
Q3 24
-51.7%
21.7%
Q2 24
-56.4%
-10.5%
Net Margin
FIP
FIP
NIQ
NIQ
Q1 26
-79.7%
Q4 25
-68.1%
88.6%
Q3 25
-74.4%
-7.9%
Q2 25
-57.2%
51.7%
Q1 25
125.0%
10.7%
Q4 24
-154.4%
Q3 24
-51.6%
8.1%
Q2 24
-56.7%
-22.9%
EPS (diluted)
FIP
FIP
NIQ
NIQ
Q1 26
$-1.32
Q4 25
$-1.04
$0.83
Q3 25
$-1.38
$-0.07
Q2 25
$-0.73
$0.50
Q1 25
$0.89
$0.11
Q4 24
$-1.21
Q3 24
$-0.45
$0.08
Q2 24
$-0.52
$-0.22

Balance Sheet & Financial Strength

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

Metric
FIP
FIP
NIQ
NIQ
Cash + ST InvestmentsLiquidity on hand
$37.9M
$36.8M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$-122.5K
$3.1B
Total Assets
$5.7B
$6.7B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIP
FIP
NIQ
NIQ
Q1 26
$37.9M
Q4 25
$57.4M
$36.8M
Q3 25
$34.7M
$68.7M
Q2 25
$33.6M
$182.0M
Q1 25
$26.3M
$49.1M
Q4 24
$27.8M
Q3 24
$20.3M
$467.5M
Q2 24
$33.1M
$273.8M
Total Debt
FIP
FIP
NIQ
NIQ
Q1 26
Q4 25
$3.8B
$3.0B
Q3 25
$3.7B
$2.9B
Q2 25
$3.1B
$3.0B
Q1 25
$2.8B
$2.9B
Q4 24
$1.6B
Q3 24
$1.5B
$3.2B
Q2 24
$1.6B
$3.0B
Stockholders' Equity
FIP
FIP
NIQ
NIQ
Q1 26
$-122.5K
Q4 25
$21.3M
$3.1B
Q3 25
$181.1M
$3.2B
Q2 25
$375.5M
$3.3B
Q1 25
$476.2M
$3.3B
Q4 24
$202.7M
Q3 24
$370.8M
$3.3B
Q2 24
$394.8M
$3.4B
Total Assets
FIP
FIP
NIQ
NIQ
Q1 26
$5.7B
Q4 25
$5.7B
$6.7B
Q3 25
$5.5B
$6.6B
Q2 25
$4.4B
$6.9B
Q1 25
$4.1B
$6.7B
Q4 24
$2.4B
Q3 24
$2.4B
$7.1B
Q2 24
$2.5B
$7.0B
Debt / Equity
FIP
FIP
NIQ
NIQ
Q1 26
Q4 25
176.99×
0.98×
Q3 25
20.59×
0.93×
Q2 25
8.21×
0.91×
Q1 25
5.79×
0.89×
Q4 24
7.84×
Q3 24
4.14×
0.97×
Q2 24
3.94×
0.88×

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
NIQ
NIQ
Operating Cash FlowLast quarter
$-69.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIP
FIP
NIQ
NIQ
Q1 26
$-69.4M
Q4 25
$-2.8M
Q3 25
$-24.4M
$116.2M
Q2 25
$-5.2M
$132.8M
Q1 25
$-85.7M
$74.1M
Q4 24
$-8.1M
Q3 24
$14.2M
Q2 24
$-17.6M
Free Cash Flow
FIP
FIP
NIQ
NIQ
Q1 26
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
FCF Margin
FIP
FIP
NIQ
NIQ
Q1 26
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%
Capex Intensity
FIP
FIP
NIQ
NIQ
Q1 26
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%
Cash Conversion
FIP
FIP
NIQ
NIQ
Q1 26
Q4 25
Q3 25
Q2 25
1.20×
Q1 25
-0.71×
3.12×
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Related Comparisons