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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and SunOpta Inc. (STKL). Click either name above to swap in a different company.
SunOpta Inc. is the larger business by last-quarter revenue ($205.4M vs $143.5M, roughly 1.4× FTAI Infrastructure Inc.). SunOpta Inc. runs the higher net margin — 0.4% vs -68.1%, a 68.5% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 16.6%). SunOpta Inc. produced more free cash flow last quarter ($12.1M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 7.4%).
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.
SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.
FIP vs STKL — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.5M | $205.4M |
| Net Profit | $-97.7M | $816.0K |
| Gross Margin | — | 12.4% |
| Operating Margin | -45.7% | 3.3% |
| Net Margin | -68.1% | 0.4% |
| Revenue YoY | 77.7% | 16.6% |
| Net Profit YoY | 21.6% | 113.1% |
| EPS (diluted) | $-1.04 | $0.01 |
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 | — | ||
| Q3 25 | $140.6M | $205.4M | ||
| Q2 25 | $122.3M | $191.5M | ||
| Q1 25 | $96.2M | $201.6M | ||
| Q4 24 | $80.8M | $193.9M | ||
| Q3 24 | $83.3M | $175.9M | ||
| Q2 24 | $84.9M | $169.5M | ||
| Q1 24 | $82.5M | $184.4M |
| Q4 25 | $-97.7M | — | ||
| Q3 25 | $-104.5M | $816.0K | ||
| Q2 25 | $-70.0M | $4.4M | ||
| Q1 25 | $120.2M | $4.8M | ||
| Q4 24 | $-124.7M | $-8.7M | ||
| Q3 24 | $-43.0M | $-6.2M | ||
| Q2 24 | $-48.1M | $-5.3M | ||
| Q1 24 | $-50.3M | $2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | 12.4% | ||
| Q2 25 | — | 14.8% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 13.0% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 16.8% |
| Q4 25 | -45.7% | — | ||
| Q3 25 | -70.8% | 3.3% | ||
| Q2 25 | -56.4% | 5.5% | ||
| Q1 25 | 81.8% | 5.2% | ||
| Q4 24 | -152.7% | 1.4% | ||
| Q3 24 | -51.7% | 0.5% | ||
| Q2 24 | -56.4% | 1.2% | ||
| Q1 24 | -58.8% | 5.5% |
| Q4 25 | -68.1% | — | ||
| Q3 25 | -74.4% | 0.4% | ||
| Q2 25 | -57.2% | 2.3% | ||
| Q1 25 | 125.0% | 2.4% | ||
| Q4 24 | -154.4% | -4.5% | ||
| Q3 24 | -51.6% | -3.5% | ||
| Q2 24 | -56.7% | -3.1% | ||
| Q1 24 | -60.9% | 1.6% |
| Q4 25 | $-1.04 | — | ||
| Q3 25 | $-1.38 | $0.01 | ||
| Q2 25 | $-0.73 | $0.03 | ||
| Q1 25 | $0.89 | $0.04 | ||
| Q4 24 | $-1.21 | $-0.08 | ||
| Q3 24 | $-0.45 | $-0.05 | ||
| Q2 24 | $-0.52 | $-0.04 | ||
| Q1 24 | $-0.54 | $0.02 |
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 | $2.2M |
| Total DebtLower is stronger | $3.8B | $250.8M |
| Stockholders' EquityBook value | $21.3M | $162.8M |
| Total Assets | $5.7B | $694.1M |
| Debt / EquityLower = less leverage | 176.99× | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $57.4M | — | ||
| Q3 25 | $34.7M | $2.2M | ||
| Q2 25 | $33.6M | $2.2M | ||
| Q1 25 | $26.3M | $2.3M | ||
| Q4 24 | $27.8M | $1.6M | ||
| Q3 24 | $20.3M | $2.9M | ||
| Q2 24 | $33.1M | $3.2M | ||
| Q1 24 | $23.0M | $1.5M |
| Q4 25 | $3.8B | — | ||
| Q3 25 | $3.7B | $250.8M | ||
| Q2 25 | $3.1B | $263.3M | ||
| Q1 25 | $2.8B | $260.6M | ||
| Q4 24 | $1.6B | $265.2M | ||
| Q3 24 | $1.5B | $289.9M | ||
| Q2 24 | $1.6B | $303.1M | ||
| Q1 24 | $1.3B | $258.8M |
| Q4 25 | $21.3M | — | ||
| Q3 25 | $181.1M | $162.8M | ||
| Q2 25 | $375.5M | $159.8M | ||
| Q1 25 | $476.2M | $154.8M | ||
| Q4 24 | $202.7M | $148.6M | ||
| Q3 24 | $370.8M | $155.0M | ||
| Q2 24 | $394.8M | $158.8M | ||
| Q1 24 | $402.5M | $163.6M |
| Q4 25 | $5.7B | — | ||
| Q3 25 | $5.5B | $694.1M | ||
| Q2 25 | $4.4B | $704.9M | ||
| Q1 25 | $4.1B | $690.7M | ||
| Q4 24 | $2.4B | $668.5M | ||
| Q3 24 | $2.4B | $699.3M | ||
| Q2 24 | $2.5B | $704.7M | ||
| Q1 24 | $2.3B | $671.8M |
| Q4 25 | 176.99× | — | ||
| Q3 25 | 20.59× | 1.54× | ||
| Q2 25 | 8.21× | 1.65× | ||
| Q1 25 | 5.79× | 1.68× | ||
| Q4 24 | 7.84× | 1.78× | ||
| Q3 24 | 4.14× | 1.87× | ||
| Q2 24 | 3.94× | 1.91× | ||
| Q1 24 | 3.34× | 1.58× |
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 | $16.3M |
| Free Cash FlowOCF − Capex | $-68.6M | $12.1M |
| FCF MarginFCF / Revenue | -47.8% | 5.9% |
| Capex IntensityCapex / Revenue | 45.9% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 20.03× |
| TTM Free Cash FlowTrailing 4 quarters | $-398.5M | $36.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.8M | — | ||
| Q3 25 | $-24.4M | $16.3M | ||
| Q2 25 | $-5.2M | $-4.5M | ||
| Q1 25 | $-85.7M | $22.3M | ||
| Q4 24 | $-8.1M | $33.1M | ||
| Q3 24 | $14.2M | $17.2M | ||
| Q2 24 | $-17.6M | $-5.6M | ||
| Q1 24 | $-3.9M | $5.3M |
| Q4 25 | $-68.6M | — | ||
| Q3 25 | $-90.7M | $12.1M | ||
| Q2 25 | $-87.5M | $-9.2M | ||
| Q1 25 | $-151.7M | $9.5M | ||
| Q4 24 | $-34.3M | $24.0M | ||
| Q3 24 | $-11.7M | $11.7M | ||
| Q2 24 | $-32.1M | $-15.3M | ||
| Q1 24 | $-16.7M | $-2.3M |
| Q4 25 | -47.8% | — | ||
| Q3 25 | -64.5% | 5.9% | ||
| Q2 25 | -71.6% | -4.8% | ||
| Q1 25 | -157.7% | 4.7% | ||
| Q4 24 | -42.4% | 12.4% | ||
| Q3 24 | -14.0% | 6.6% | ||
| Q2 24 | -37.9% | -9.0% | ||
| Q1 24 | -20.3% | -1.2% |
| Q4 25 | 45.9% | — | ||
| Q3 25 | 47.2% | 2.1% | ||
| Q2 25 | 67.3% | 2.5% | ||
| Q1 25 | 68.6% | 6.3% | ||
| Q4 24 | 32.5% | 4.7% | ||
| Q3 24 | 31.1% | 3.2% | ||
| Q2 24 | 17.2% | 5.7% | ||
| Q1 24 | 15.6% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | 20.03× | ||
| Q2 25 | — | -1.03× | ||
| Q1 25 | -0.71× | 4.63× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.83× |
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% |
STKL
| Beverages And Broths | $161.4M | 79% |
| Fruit Snacks | $40.9M | 20% |
| Ingredients | $3.1M | 2% |
