Brookfield Infrastructure Corporation (BIPC) Revenue History
Annual and quarterly revenue from 2017 to present
BIPC Revenue Over Time (2017–2025)
BIPC Revenue Growth History
7 of 8 years with positive growth- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- +8.1%
- FY2019 revenue growth
- +11.8%
- FY2020 revenue growth
- -9.1%
- FY2021 revenue growth
- +8.2%
- FY2022 revenue growth
- +11.2%
- FY2023 revenue growth
- +40.7%
- FY2024 revenue growth
- +36.9%
- FY2025 revenue growth
- +6.9%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $871.8M | -5.9% |
| Q4 2025 | $970.7M | +5.8% |
| Q3 2025 | $906.7M | -1.4% |
| Q2 2025 | $880.8M | -3.0% |
| Q1 2025 | $926.2M | +3.1% |
| Q4 2024 | $917.4M | -2.6% |
| Q3 2024 | $919.3M | +69.1% |
| Q2 2024 | $907.7M | +66.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
BIPC's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BIPC Revenue Analysis (2017–2025)
Current Revenue & Growth
As of June 23, 2026, Brookfield Infrastructure Corporation (BIPC) generated trailing twelve-month (TTM) revenue of $3.63 billion, reflecting moderate decline in growth of -5.9% year-over-year. The most recent quarter (Q1 2026) recorded $871.8 million in revenue, down 10.2% sequentially.
Historical Growth Trajectory
BIPC's 5-year compound annual growth rate (CAGR) stands at +19.9%, indicating consistent double-digit revenue growth. The 3-year CAGR of +27.3% exceeds the 5-year average, indicating an acceleration in the most recent period. Brookfield Infrastructure Corporation's highest annual revenue of $3.73 billion was recorded in 2025, an all-time high.
Revenue by Segment
BIPC's revenue is primarily driven by Leasing (61%), Distribution (26%), and Connections (11%). With over half of revenue concentrated in Leasing, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Utilities sector peers — including BIP (+13.0% YoY), AQN (+6.3% YoY), and AWK (+8.1% YoY) — BIPC has underperformed the peer group in revenue growth. Compare BIPC vs BIP →
BIPC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BIPCCurrent | $3.6B | -5.9% | +19.9% | 61.5% | |
 BIP | $23.1B | +13.0% | +21.1% | 25.1% | |
 AQN | $2.4B | +6.3% | +7.7% | 21.5% | |
 AWK | $5.1B | +8.1% | +6.4% | 36.6% | |
 NEE | $27.5B | +10.5% | +8.8% | 30.1% | |
 D | $16.5B | +17.1% | +3.1% | 26.7% |
BIPC Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.73B | +6.9% | $2.37B | 63.6% | $2.29B | 61.5% |
| 2024 | $3.49B | +36.9% | $2.18B | 62.4% | $2.11B | 60.4% |
| 2023 | $2.55B | +40.7% | $1.76B | 68.9% | $1.69B | 66.2% |
| 2022 | $1.81B | +11.2% | $1.29B | 71.3% | $1.22B | 67.6% |
| 2021 | $1.63B | +8.2% | $1.11B | 68.0% | $1.06B | 65.0% |
| 2020 | $1.51B | -9.1% | $950.7M | 63.1% | $916.0M | 60.8% |
| 2019 | $1.66B | +11.8% | $1.09B | 65.9% | $1.06B | 64.1% |
| 2018 | $1.48B | +8.1% | $954.7M | 64.4% | $931.9M | 62.9% |
| 2017 | $1.37B | - | $896.1M | 65.4% | $870.2M | 63.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
BIPC — Frequently Asked Questions
Quick answers to the most common questions about buying BIPC stock.
Is BIPC's revenue growth accelerating or slowing?
BIPC revenue is declining -5.9% year-over-year. TTM revenue fell to $3.6B, contrasting with the 5-year CAGR of +19.9%. The reversal reflects either macro headwinds or company-specific challenges.
What is BIPC's revenue history from 2017 to 2026?
Brookfield Infrastructure Corporation (BIPC) revenue history spans 2017 to 2026. TTM revenue as of 2026 is $3.6B, growing at -5.9% YoY. The 5-year CAGR is +19.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is BIPC's long-term revenue growth rate (CAGR)?
Brookfield Infrastructure Corporation's 5-year revenue CAGR of +19.9% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -5.9% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for BIPC.
Why does BIPC's quarterly revenue fluctuate?
BIPC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Brookfield Infrastructure Corporation's revenue data from 2017 to 2026 shows full historical quarterly detail on this page.
How is BIPC's revenue distributed by segment?
BIPC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does BIPC's revenue compare to industry peers?
Brookfield Infrastructure Corporation (BIPC) with TTM revenue of $3.6B and -5.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.