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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and OPKO HEALTH, INC. (OPK). Click either name above to swap in a different company.
OPKO HEALTH, INC. is the larger business by last-quarter revenue ($148.5M vs $143.5M, roughly 1.0× FTAI Infrastructure Inc.). OPKO HEALTH, INC. runs the higher net margin — -21.1% vs -68.1%, a 47.0% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs -19.2%). OPKO HEALTH, INC. produced more free cash flow last quarter ($-28.6M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs -7.5%).
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.
OPKO Health, Inc. is a medical test and medication company focused on diagnostics and pharmaceuticals. The company is a publicly traded company on NASDAQ and TASE under the symbol "OPK".
FIP vs OPK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $148.5M |
| Net Profit | $-97.7M | $-31.3M |
| Gross Margin | — | 43.1% |
| Operating Margin | -45.7% | -25.8% |
| Net Margin | -68.1% | -21.1% |
| Revenue YoY | 77.7% | -19.2% |
| Net Profit YoY | 21.6% | -322.8% |
| EPS (diluted) | $-1.04 | $-0.04 |
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.
| Q4 25 | $143.5M | $148.5M | ||
| Q3 25 | $140.6M | $151.7M | ||
| Q2 25 | $122.3M | $156.8M | ||
| Q1 25 | $96.2M | $150.0M | ||
| Q4 24 | $80.8M | $183.6M | ||
| Q3 24 | $83.3M | $173.6M | ||
| Q2 24 | $84.9M | $182.2M | ||
| Q1 24 | $82.5M | $173.7M |
| Q4 25 | $-97.7M | $-31.3M | ||
| Q3 25 | $-104.5M | $21.6M | ||
| Q2 25 | $-70.0M | $-148.4M | ||
| Q1 25 | $120.2M | $-67.6M | ||
| Q4 24 | $-124.7M | $14.0M | ||
| Q3 24 | $-43.0M | $24.9M | ||
| Q2 24 | $-48.1M | $-10.3M | ||
| Q1 24 | $-50.3M | $-81.8M |
| Q4 25 | — | 43.1% | ||
| Q3 25 | — | 32.9% | ||
| Q2 25 | — | 31.5% | ||
| Q1 25 | — | 28.4% | ||
| Q4 24 | — | 46.1% | ||
| Q3 24 | — | 23.1% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 24.2% |
| Q4 25 | -45.7% | -25.8% | ||
| Q3 25 | -70.8% | 31.7% | ||
| Q2 25 | -56.4% | -38.3% | ||
| Q1 25 | 81.8% | -44.8% | ||
| Q4 24 | -152.7% | -18.0% | ||
| Q3 24 | -51.7% | 8.2% | ||
| Q2 24 | -56.4% | -33.9% | ||
| Q1 24 | -58.8% | -41.2% |
| Q4 25 | -68.1% | -21.1% | ||
| Q3 25 | -74.4% | 14.3% | ||
| Q2 25 | -57.2% | -94.7% | ||
| Q1 25 | 125.0% | -45.1% | ||
| Q4 24 | -154.4% | 7.6% | ||
| Q3 24 | -51.6% | 14.3% | ||
| Q2 24 | -56.7% | -5.7% | ||
| Q1 24 | -60.9% | -47.1% |
| Q4 25 | $-1.04 | $-0.04 | ||
| Q3 25 | $-1.38 | $0.03 | ||
| Q2 25 | $-0.73 | $-0.19 | ||
| Q1 25 | $0.89 | $-0.10 | ||
| Q4 24 | $-1.21 | $0.02 | ||
| Q3 24 | $-0.45 | $0.03 | ||
| Q2 24 | $-0.52 | $-0.01 | ||
| Q1 24 | $-0.54 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $57.4M | $364.4M |
| Total DebtLower is stronger | $3.8B | $344.0M |
| Stockholders' EquityBook value | $21.3M | $1.3B |
| Total Assets | $5.7B | $1.9B |
| Debt / EquityLower = less leverage | 176.99× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.4M | $364.4M | ||
| Q3 25 | $34.7M | $412.0M | ||
| Q2 25 | $33.6M | $267.3M | ||
| Q1 25 | $26.3M | $428.8M | ||
| Q4 24 | $27.8M | $426.6M | ||
| Q3 24 | $20.3M | $400.1M | ||
| Q2 24 | $33.1M | $40.6M | ||
| Q1 24 | $23.0M | $75.6M |
| Q4 25 | $3.8B | $344.0M | ||
| Q3 25 | $3.7B | $344.2M | ||
| Q2 25 | $3.1B | $343.3M | ||
| Q1 25 | $2.8B | $439.2M | ||
| Q4 24 | $1.6B | $437.2M | ||
| Q3 24 | $1.5B | $441.0M | ||
| Q2 24 | $1.6B | $201.9M | ||
| Q1 24 | $1.3B | $350.1M |
| Q4 25 | $21.3M | $1.3B | ||
| Q3 25 | $181.1M | $1.3B | ||
| Q2 25 | $375.5M | $1.3B | ||
| Q1 25 | $476.2M | $1.3B | ||
| Q4 24 | $202.7M | $1.4B | ||
| Q3 24 | $370.8M | $1.4B | ||
| Q2 24 | $394.8M | $1.4B | ||
| Q1 24 | $402.5M | $1.3B |
| Q4 25 | $5.7B | $1.9B | ||
| Q3 25 | $5.5B | $2.0B | ||
| Q2 25 | $4.4B | $2.0B | ||
| Q1 25 | $4.1B | $2.1B | ||
| Q4 24 | $2.4B | $2.2B | ||
| Q3 24 | $2.4B | $2.3B | ||
| Q2 24 | $2.5B | $2.0B | ||
| Q1 24 | $2.3B | $2.0B |
| Q4 25 | 176.99× | 0.27× | ||
| Q3 25 | 20.59× | 0.26× | ||
| Q2 25 | 8.21× | 0.26× | ||
| Q1 25 | 5.79× | 0.33× | ||
| Q4 24 | 7.84× | 0.32× | ||
| Q3 24 | 4.14× | 0.31× | ||
| Q2 24 | 3.94× | 0.14× | ||
| Q1 24 | 3.34× | 0.28× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.8M | $-25.9M |
| Free Cash FlowOCF − Capex | $-68.6M | $-28.6M |
| FCF MarginFCF / Revenue | -47.8% | -19.3% |
| Capex IntensityCapex / Revenue | 45.9% | 1.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-398.5M | $-190.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.8M | $-25.9M | ||
| Q3 25 | $-24.4M | $-34.6M | ||
| Q2 25 | $-5.2M | $-83.4M | ||
| Q1 25 | $-85.7M | $-34.6M | ||
| Q4 24 | $-8.1M | $-44.4M | ||
| Q3 24 | $14.2M | $-77.1M | ||
| Q2 24 | $-17.6M | $-26.4M | ||
| Q1 24 | $-3.9M | $-35.6M |
| Q4 25 | $-68.6M | $-28.6M | ||
| Q3 25 | $-90.7M | $-37.8M | ||
| Q2 25 | $-87.5M | $-86.7M | ||
| Q1 25 | $-151.7M | $-37.7M | ||
| Q4 24 | $-34.3M | $-49.8M | ||
| Q3 24 | $-11.7M | $-85.0M | ||
| Q2 24 | $-32.1M | $-33.7M | ||
| Q1 24 | $-16.7M | $-40.0M |
| Q4 25 | -47.8% | -19.3% | ||
| Q3 25 | -64.5% | -24.9% | ||
| Q2 25 | -71.6% | -55.3% | ||
| Q1 25 | -157.7% | -25.2% | ||
| Q4 24 | -42.4% | -27.1% | ||
| Q3 24 | -14.0% | -49.0% | ||
| Q2 24 | -37.9% | -18.5% | ||
| Q1 24 | -20.3% | -23.0% |
| Q4 25 | 45.9% | 1.8% | ||
| Q3 25 | 47.2% | 2.1% | ||
| Q2 25 | 67.3% | 2.1% | ||
| Q1 25 | 68.6% | 2.1% | ||
| Q4 24 | 32.5% | 2.9% | ||
| Q3 24 | 31.1% | 4.6% | ||
| Q2 24 | 17.2% | 4.0% | ||
| Q1 24 | 15.6% | 2.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | -1.60× | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | -3.17× | ||
| Q3 24 | — | -3.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
OPK
| Services | $71.1M | 48% |
| Transfer Of Intellectual Property And Other | $33.7M | 23% |
| IE | $22.1M | 15% |
| Rayaldee | $8.8M | 6% |
| Barda Agreement | $6.8M | 5% |
| MX | $6.3M | 4% |
