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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
FTAI Infrastructure Inc. is the larger business by last-quarter revenue ($143.5M vs $83.1M, roughly 1.7× PROCEPT BioRobotics Corp). PROCEPT BioRobotics Corp runs the higher net margin — -38.1% vs -68.1%, a 30.0% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 20.2%). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 24.8%).
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.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
FIP vs PRCT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $83.1M |
| Net Profit | $-97.7M | $-31.6M |
| Gross Margin | — | 64.9% |
| Operating Margin | -45.7% | -4.1% |
| Net Margin | -68.1% | -38.1% |
| Revenue YoY | 77.7% | 20.2% |
| Net Profit YoY | 21.6% | -27.9% |
| EPS (diluted) | $-1.04 | $-0.56 |
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 | — | $83.1M | ||
| Q4 25 | $143.5M | $76.4M | ||
| Q3 25 | $140.6M | $83.3M | ||
| Q2 25 | $122.3M | $79.2M | ||
| Q1 25 | $96.2M | $69.2M | ||
| Q4 24 | $80.8M | $68.2M | ||
| Q3 24 | $83.3M | $58.4M | ||
| Q2 24 | $84.9M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $-97.7M | $-29.8M | ||
| Q3 25 | $-104.5M | $-21.4M | ||
| Q2 25 | $-70.0M | $-19.6M | ||
| Q1 25 | $120.2M | $-24.7M | ||
| Q4 24 | $-124.7M | $-18.9M | ||
| Q3 24 | $-43.0M | $-21.0M | ||
| Q2 24 | $-48.1M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | — | 60.6% | ||
| Q3 25 | — | 64.8% | ||
| Q2 25 | — | 65.4% | ||
| Q1 25 | — | 63.9% | ||
| Q4 24 | — | 64.0% | ||
| Q3 24 | — | 63.2% | ||
| Q2 24 | — | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | -45.7% | -40.6% | ||
| Q3 25 | -70.8% | -27.8% | ||
| Q2 25 | -56.4% | -28.0% | ||
| Q1 25 | 81.8% | -39.7% | ||
| Q4 24 | -152.7% | -28.9% | ||
| Q3 24 | -51.7% | -38.4% | ||
| Q2 24 | -56.4% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | -68.1% | -39.1% | ||
| Q3 25 | -74.4% | -25.7% | ||
| Q2 25 | -57.2% | -24.7% | ||
| Q1 25 | 125.0% | -35.8% | ||
| Q4 24 | -154.4% | -27.6% | ||
| Q3 24 | -51.6% | -35.9% | ||
| Q2 24 | -56.7% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $-1.04 | $-0.54 | ||
| Q3 25 | $-1.38 | $-0.38 | ||
| Q2 25 | $-0.73 | $-0.35 | ||
| Q1 25 | $0.89 | $-0.45 | ||
| Q4 24 | $-1.21 | $-0.34 | ||
| Q3 24 | $-0.45 | $-0.40 | ||
| Q2 24 | $-0.52 | $-0.50 |
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 | $245.6M |
| Total DebtLower is stronger | $3.8B | $51.7M |
| Stockholders' EquityBook value | $21.3M | $347.7M |
| Total Assets | $5.7B | $487.1M |
| Debt / EquityLower = less leverage | 176.99× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $57.4M | $286.5M | ||
| Q3 25 | $34.7M | $294.3M | ||
| Q2 25 | $33.6M | $302.7M | ||
| Q1 25 | $26.3M | $316.2M | ||
| Q4 24 | $27.8M | $333.7M | ||
| Q3 24 | $20.3M | $196.8M | ||
| Q2 24 | $33.1M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $3.8B | $51.6M | ||
| Q3 25 | $3.7B | $51.6M | ||
| Q2 25 | $3.1B | $51.5M | ||
| Q1 25 | $2.8B | $51.5M | ||
| Q4 24 | $1.6B | $51.5M | ||
| Q3 24 | $1.5B | $51.4M | ||
| Q2 24 | $1.6B | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $21.3M | $365.9M | ||
| Q3 25 | $181.1M | $380.3M | ||
| Q2 25 | $375.5M | $385.8M | ||
| Q1 25 | $476.2M | $389.2M | ||
| Q4 24 | $202.7M | $402.2M | ||
| Q3 24 | $370.8M | $241.2M | ||
| Q2 24 | $394.8M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $5.7B | $508.1M | ||
| Q3 25 | $5.5B | $511.5M | ||
| Q2 25 | $4.4B | $513.1M | ||
| Q1 25 | $4.1B | $519.4M | ||
| Q4 24 | $2.4B | $534.0M | ||
| Q3 24 | $2.4B | $374.1M | ||
| Q2 24 | $2.5B | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 176.99× | 0.14× | ||
| Q3 25 | 20.59× | 0.14× | ||
| Q2 25 | 8.21× | 0.13× | ||
| Q1 25 | 5.79× | 0.13× | ||
| Q4 24 | 7.84× | 0.13× | ||
| Q3 24 | 4.14× | 0.21× | ||
| Q2 24 | 3.94× | 0.20× |
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 | $-10.3M | ||
| Q3 25 | $-24.4M | $-6.6M | ||
| Q2 25 | $-5.2M | $-15.0M | ||
| Q1 25 | $-85.7M | $-17.0M | ||
| Q4 24 | $-8.1M | $-32.4M | ||
| Q3 24 | $14.2M | $-18.8M | ||
| Q2 24 | $-17.6M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-68.6M | $-12.2M | ||
| Q3 25 | $-90.7M | $-9.5M | ||
| Q2 25 | $-87.5M | $-17.8M | ||
| Q1 25 | $-151.7M | $-18.8M | ||
| Q4 24 | $-34.3M | $-33.6M | ||
| Q3 24 | $-11.7M | $-19.0M | ||
| Q2 24 | $-32.1M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | -47.8% | -15.9% | ||
| Q3 25 | -64.5% | -11.4% | ||
| Q2 25 | -71.6% | -22.5% | ||
| Q1 25 | -157.7% | -27.2% | ||
| Q4 24 | -42.4% | -49.2% | ||
| Q3 24 | -14.0% | -32.6% | ||
| Q2 24 | -37.9% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 45.9% | 2.4% | ||
| Q3 25 | 47.2% | 3.4% | ||
| Q2 25 | 67.3% | 3.5% | ||
| Q1 25 | 68.6% | 2.7% | ||
| Q4 24 | 32.5% | 1.7% | ||
| Q3 24 | 31.1% | 0.4% | ||
| Q2 24 | 17.2% | 2.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
