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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and Porch Group, Inc. (PRCH). Click either name above to swap in a different company.
FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($143.5M vs $121.1M, roughly 1.2× Porch Group, Inc.). Porch Group, Inc. runs the higher net margin — -3.9% vs -68.1%, a 64.2% gap on every dollar of revenue. On growth, Porch Group, Inc. posted the faster year-over-year revenue change (100.0% vs 77.7%). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 26.4%).
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.
Porch is a website that tries to connect homeowners with local home improvement contractors. The site features advice articles, cost guide, and online booking for over 160 home projects.
FIP vs PRCH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $121.1M |
| Net Profit | $-97.7M | $-4.7M |
| Gross Margin | — | 52.7% |
| Operating Margin | -45.7% | 34.7% |
| Net Margin | -68.1% | -3.9% |
| Revenue YoY | 77.7% | 100.0% |
| Net Profit YoY | 21.6% | 2.0% |
| 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.
| Q1 26 | — | $121.1M | ||
| Q4 25 | $143.5M | $112.3M | ||
| Q3 25 | $140.6M | $115.1M | ||
| Q2 25 | $122.3M | $107.0M | ||
| Q1 25 | $96.2M | $84.5M | ||
| Q4 24 | $80.8M | $75.3M | ||
| Q3 24 | $83.3M | $77.7M | ||
| Q2 24 | $84.9M | $75.9M |
| Q1 26 | — | $-4.7M | ||
| Q4 25 | $-97.7M | $-3.5M | ||
| Q3 25 | $-104.5M | $-10.9M | ||
| Q2 25 | $-70.0M | $2.6M | ||
| Q1 25 | $120.2M | $8.4M | ||
| Q4 24 | $-124.7M | $30.5M | ||
| Q3 24 | $-43.0M | $14.4M | ||
| Q2 24 | $-48.1M | $-64.3M |
| Q1 26 | — | 52.7% | ||
| Q4 25 | — | 99.5% | ||
| Q3 25 | — | 75.6% | ||
| Q2 25 | — | 70.9% | ||
| Q1 25 | — | 77.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 79.4% | ||
| Q2 24 | — | 22.1% |
| Q1 26 | — | 34.7% | ||
| Q4 25 | -45.7% | 14.7% | ||
| Q3 25 | -70.8% | 14.2% | ||
| Q2 25 | -56.4% | 4.7% | ||
| Q1 25 | 81.8% | -1.5% | ||
| Q4 24 | -152.7% | 33.3% | ||
| Q3 24 | -51.7% | -3.2% | ||
| Q2 24 | -56.4% | -69.2% |
| Q1 26 | — | -3.9% | ||
| Q4 25 | -68.1% | -3.1% | ||
| Q3 25 | -74.4% | -9.4% | ||
| Q2 25 | -57.2% | 2.4% | ||
| Q1 25 | 125.0% | 9.9% | ||
| Q4 24 | -154.4% | 40.5% | ||
| Q3 24 | -51.6% | 18.5% | ||
| Q2 24 | -56.7% | -84.8% |
| Q1 26 | — | $-0.04 | ||
| Q4 25 | $-1.04 | $0.00 | ||
| Q3 25 | $-1.38 | $-0.10 | ||
| Q2 25 | $-0.73 | $0.00 | ||
| Q1 25 | $0.89 | $0.07 | ||
| Q4 24 | $-1.21 | $0.34 | ||
| Q3 24 | $-0.45 | $0.12 | ||
| Q2 24 | $-0.52 | $-0.65 |
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 | $68.4M |
| Total DebtLower is stronger | $3.8B | $391.3M |
| Stockholders' EquityBook value | $21.3M | $26.3M |
| Total Assets | $5.7B | $806.6M |
| Debt / EquityLower = less leverage | 176.99× | 14.87× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $68.4M | ||
| Q4 25 | $57.4M | $57.3M | ||
| Q3 25 | $34.7M | $85.0M | ||
| Q2 25 | $33.6M | $79.8M | ||
| Q1 25 | $26.3M | $70.4M | ||
| Q4 24 | $27.8M | $191.7M | ||
| Q3 24 | $20.3M | $238.6M | ||
| Q2 24 | $33.1M | $308.4M |
| Q1 26 | — | $391.3M | ||
| Q4 25 | $3.8B | $392.8M | ||
| Q3 25 | $3.7B | $387.1M | ||
| Q2 25 | $3.1B | $394.1M | ||
| Q1 25 | $2.8B | $409.2M | ||
| Q4 24 | $1.6B | $403.9M | ||
| Q3 24 | $1.5B | $399.0M | ||
| Q2 24 | $1.6B | $436.8M |
| Q1 26 | — | $26.3M | ||
| Q4 25 | $21.3M | $-24.6M | ||
| Q3 25 | $181.1M | $-27.9M | ||
| Q2 25 | $375.5M | $-29.3M | ||
| Q1 25 | $476.2M | $-52.4M | ||
| Q4 24 | $202.7M | $-43.2M | ||
| Q3 24 | $370.8M | $-77.0M | ||
| Q2 24 | $394.8M | $-101.9M |
| Q1 26 | — | $806.6M | ||
| Q4 25 | $5.7B | $797.4M | ||
| Q3 25 | $5.5B | $787.7M | ||
| Q2 25 | $4.4B | $770.7M | ||
| Q1 25 | $4.1B | $802.3M | ||
| Q4 24 | $2.4B | $814.0M | ||
| Q3 24 | $2.4B | $867.3M | ||
| Q2 24 | $2.5B | $876.1M |
| Q1 26 | — | 14.87× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.8M | — |
| Free Cash FlowOCF − Capex | $-68.6M | — |
| FCF MarginFCF / Revenue | -47.8% | — |
| Capex IntensityCapex / Revenue | 45.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-398.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-2.8M | $1.2M | ||
| Q3 25 | $-24.4M | $40.8M | ||
| Q2 25 | $-5.2M | $35.6M | ||
| Q1 25 | $-85.7M | $-11.2M | ||
| Q4 24 | $-8.1M | $-26.6M | ||
| Q3 24 | $14.2M | $12.4M | ||
| Q2 24 | $-17.6M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | $1.1M | ||
| Q3 25 | $-90.7M | $40.7M | ||
| Q2 25 | $-87.5M | $35.4M | ||
| Q1 25 | $-151.7M | $-11.2M | ||
| Q4 24 | $-34.3M | $-26.8M | ||
| Q3 24 | $-11.7M | $12.2M | ||
| Q2 24 | $-32.1M | $-26.0M |
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | 1.0% | ||
| Q3 25 | -64.5% | 35.4% | ||
| Q2 25 | -71.6% | 33.0% | ||
| Q1 25 | -157.7% | -13.3% | ||
| Q4 24 | -42.4% | -35.6% | ||
| Q3 24 | -14.0% | 15.7% | ||
| Q2 24 | -37.9% | -34.3% |
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | 0.1% | ||
| Q3 25 | 47.2% | 0.1% | ||
| Q2 25 | 67.3% | 0.2% | ||
| Q1 25 | 68.6% | 0.1% | ||
| Q4 24 | 32.5% | 0.3% | ||
| Q3 24 | 31.1% | 0.3% | ||
| Q2 24 | 17.2% | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 13.79× | ||
| Q1 25 | -0.71× | -1.33× | ||
| Q4 24 | — | -0.87× | ||
| Q3 24 | — | 0.86× | ||
| Q2 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% |
PRCH
Segment breakdown not available.
