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Side-by-side financial comparison of FTAI Infrastructure Inc. (FIP) and EXPRO GROUP HOLDINGS N.V. (XPRO). Click either name above to swap in a different company.

EXPRO GROUP HOLDINGS N.V. is the larger business by last-quarter revenue ($367.6M vs $188.4M, roughly 2.0× FTAI Infrastructure Inc.). On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (95.9% vs -6.0%). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (49.0% CAGR vs -11.5%).

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.

Expro is an energy services provider headquartered in Houston, Texas, United States.

FIP vs XPRO — Head-to-Head

Bigger by revenue
XPRO
XPRO
2.0× larger
XPRO
$367.6M
$188.4M
FIP
Growing faster (revenue YoY)
FIP
FIP
+101.8% gap
FIP
95.9%
-6.0%
XPRO
Faster 2-yr revenue CAGR
FIP
FIP
Annualised
FIP
49.0%
-11.5%
XPRO

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FIP
FIP
XPRO
XPRO
Revenue
$188.4M
$367.6M
Net Profit
$-150.2M
Gross Margin
6.7%
Operating Margin
0.0%
Net Margin
-79.7%
Revenue YoY
95.9%
-6.0%
Net Profit YoY
-387.6%
EPS (diluted)
$-1.32
$0.05

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
XPRO
XPRO
Q1 26
$188.4M
$367.6M
Q4 25
$143.5M
$382.1M
Q3 25
$140.6M
$411.4M
Q2 25
$122.3M
$422.7M
Q1 25
$96.2M
$390.9M
Q4 24
$80.8M
$436.8M
Q3 24
$83.3M
$422.8M
Q2 24
$84.9M
$469.6M
Net Profit
FIP
FIP
XPRO
XPRO
Q1 26
$-150.2M
Q4 25
$-97.7M
$5.8M
Q3 25
$-104.5M
$14.0M
Q2 25
$-70.0M
$18.0M
Q1 25
$120.2M
$13.9M
Q4 24
$-124.7M
$23.0M
Q3 24
$-43.0M
$16.3M
Q2 24
$-48.1M
$15.3M
Gross Margin
FIP
FIP
XPRO
XPRO
Q1 26
6.7%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
FIP
FIP
XPRO
XPRO
Q1 26
0.0%
Q4 25
-45.7%
3.1%
Q3 25
-70.8%
6.4%
Q2 25
-56.4%
7.7%
Q1 25
81.8%
2.6%
Q4 24
-152.7%
7.3%
Q3 24
-51.7%
6.2%
Q2 24
-56.4%
5.9%
Net Margin
FIP
FIP
XPRO
XPRO
Q1 26
-79.7%
Q4 25
-68.1%
1.5%
Q3 25
-74.4%
3.4%
Q2 25
-57.2%
4.3%
Q1 25
125.0%
3.6%
Q4 24
-154.4%
5.3%
Q3 24
-51.6%
3.8%
Q2 24
-56.7%
3.3%
EPS (diluted)
FIP
FIP
XPRO
XPRO
Q1 26
$-1.32
$0.05
Q4 25
$-1.04
$0.05
Q3 25
$-1.38
$0.12
Q2 25
$-0.73
$0.16
Q1 25
$0.89
$0.12
Q4 24
$-1.21
$0.20
Q3 24
$-0.45
$0.14
Q2 24
$-0.52
$0.13

Balance Sheet & Financial Strength

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

Metric
FIP
FIP
XPRO
XPRO
Cash + ST InvestmentsLiquidity on hand
$37.9M
$170.7M
Total DebtLower is stronger
$79.1M
Stockholders' EquityBook value
$-122.5K
$1.5B
Total Assets
$5.7B
$2.2B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIP
FIP
XPRO
XPRO
Q1 26
$37.9M
$170.7M
Q4 25
$57.4M
$196.1M
Q3 25
$34.7M
$197.9M
Q2 25
$33.6M
$206.8M
Q1 25
$26.3M
$179.3M
Q4 24
$27.8M
$183.0M
Q3 24
$20.3M
$165.7M
Q2 24
$33.1M
$133.5M
Total Debt
FIP
FIP
XPRO
XPRO
Q1 26
$79.1M
Q4 25
$3.8B
$79.1M
Q3 25
$3.7B
$99.1M
Q2 25
$3.1B
$121.1M
Q1 25
$2.8B
$121.1M
Q4 24
$1.6B
$121.1M
Q3 24
$1.5B
$121.1M
Q2 24
$1.6B
$121.1M
Stockholders' Equity
FIP
FIP
XPRO
XPRO
Q1 26
$-122.5K
$1.5B
Q4 25
$21.3M
$1.5B
Q3 25
$181.1M
$1.5B
Q2 25
$375.5M
$1.5B
Q1 25
$476.2M
$1.5B
Q4 24
$202.7M
$1.5B
Q3 24
$370.8M
$1.5B
Q2 24
$394.8M
$1.5B
Total Assets
FIP
FIP
XPRO
XPRO
Q1 26
$5.7B
$2.2B
Q4 25
$5.7B
$2.3B
Q3 25
$5.5B
$2.3B
Q2 25
$4.4B
$2.3B
Q1 25
$4.1B
$2.3B
Q4 24
$2.4B
$2.3B
Q3 24
$2.4B
$2.3B
Q2 24
$2.5B
$2.3B
Debt / Equity
FIP
FIP
XPRO
XPRO
Q1 26
0.05×
Q4 25
176.99×
0.05×
Q3 25
20.59×
0.07×
Q2 25
8.21×
0.08×
Q1 25
5.79×
0.08×
Q4 24
7.84×
0.08×
Q3 24
4.14×
0.08×
Q2 24
3.94×
0.08×

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
XPRO
XPRO
Operating Cash FlowLast quarter
$-69.4M
$25.3M
Free Cash FlowOCF − Capex
$23.2M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$112.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIP
FIP
XPRO
XPRO
Q1 26
$-69.4M
$25.3M
Q4 25
$-2.8M
$57.1M
Q3 25
$-24.4M
$63.2M
Q2 25
$-5.2M
$48.4M
Q1 25
$-85.7M
$41.5M
Q4 24
$-8.1M
$97.4M
Q3 24
$14.2M
$55.3M
Q2 24
$-17.6M
$-13.2M
Free Cash Flow
FIP
FIP
XPRO
XPRO
Q1 26
$23.2M
Q4 25
$-68.6M
$23.2M
Q3 25
$-90.7M
$39.0M
Q2 25
$-87.5M
$27.2M
Q1 25
$-151.7M
$8.4M
Q4 24
$-34.3M
$53.0M
Q3 24
$-11.7M
$23.3M
Q2 24
$-32.1M
$-49.5M
FCF Margin
FIP
FIP
XPRO
XPRO
Q1 26
6.3%
Q4 25
-47.8%
6.1%
Q3 25
-64.5%
9.5%
Q2 25
-71.6%
6.4%
Q1 25
-157.7%
2.1%
Q4 24
-42.4%
12.1%
Q3 24
-14.0%
5.5%
Q2 24
-37.9%
-10.5%
Capex Intensity
FIP
FIP
XPRO
XPRO
Q1 26
1.2%
Q4 25
45.9%
8.9%
Q3 25
47.2%
5.9%
Q2 25
67.3%
5.0%
Q1 25
68.6%
8.5%
Q4 24
32.5%
10.2%
Q3 24
31.1%
7.6%
Q2 24
17.2%
7.7%
Cash Conversion
FIP
FIP
XPRO
XPRO
Q1 26
Q4 25
9.89×
Q3 25
4.52×
Q2 25
2.69×
Q1 25
-0.71×
2.98×
Q4 24
4.23×
Q3 24
3.40×
Q2 24
-0.86×

Financial Flow Comparison

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

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