BIPC on NYSE

Brookfield Infrastructure Corp

Brookfield Infrastructure Corp is a Canadian natural gas transmisison and distribution company based in Vancouver.2 Its shares trade on NYSE under the symbol BIPC.2

Price unavailable

Last updated Oct 21, 2026.

Overview

$3.7BRevenue, fiscal 20253
$700.0MNet income, fiscal 20253

Compare with Centuri Holdings, Inc., Southwest Gas or Chesapeake Utilities, or pick any stock.

  • TickerBIPC on NYSE2
  • IndustryNatural Gas Transmisison & Distribution2
  • HeadquartersVancouver, Canada2
  • Incorporated inBritish Columbia, Canada4
  • Business address250 Vesey Street, 15Th Floor, New York, Ny 102814
  • Filer categoryLarge accelerated filer4
  • Legal formCompany (includes community contribution company and unlimited liability company)2
  • LEI254900YTMKBFJAKUBO552
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered address1500-1055 West Georgia Street, V6E 4N7 Vancouver, Canada2
  • Registered withBC Registry Services, BC15051092

Our company serves as an alternative investment vehicle for investors in the partnership who prefer owning our infrastructure operations through a corporate structure and we became a separately-traded public company upon completion of the special distribution in March 2020. In December 2024, the Arrangement was completed (see “History and Development of our Business — 2024 Developments” below for more details). Our company owns and operates high-quality, long-life assets that generate stable cash flows, require relatively minimal maintenance capital expenditures and, by virtue of barriers to entry or other characteristics, tend to appreciate in value over time. As of December 31, 2025, our operations consisted principally of the ownership and operation of regulated gas transmission systems in Brazil, regulated distribution operations in the U.K. and a global intermodal logistics operatio…5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

61.5%Operating margin3
19.1%Net margin3
0.1%Revenue growth, 20253
34.9%Return on equity3
$2.0MFree cash flow3

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Gas Transmission 1 brought in 39% of the revenue Brookfield Infrastructure Corp broke down this way in fiscal 2025.

  1. Gas Transmission 1$1.4B339%up 5% from 2024
  2. Leasing$1.4B337%down 12% from 2024
  3. Distribution$592.0M316%up 16% from 2024
  4. Connections$244.0M37%up 27% from 2024
  5. Service Line, Other$28.0M31%down 24% from 2024
Products and services by year
Products and services202320242025
Gas Transmission 1$1.5B$1.4B$1.4B
Leasing$385.0M$1.6B$1.4B
Distribution$397.0M$512.0M$592.0M
Connections$200.0M$192.0M$244.0M
Service Line, Other$38.0M$37.0M$28.0M

Regions

BRMember brought in 39% of the revenue Brookfield Infrastructure Corp broke down this way in fiscal 2025.

  1. BRMember$1.4B339%up 5% from 2024
  2. United Kingdoms$868.0M324%up 16% from 2024
  3. Switzerland$294.0M38%down 5% from 2024
  4. Singapore$287.0M38%down 10% from 2024
  5. France$263.0M37%down 14% from 2024
  6. DK$157.0M34%down 12% from 2024
  7. Geographical Area, Other$112.0M33%down 24% from 2024
  8. [Canada]$109.0M33%down 12% from 2024
  9. Hong Kong$68.0M32%down 23% from 2024
  10. United States$40.0M31%down 2% from 2024
  11. DEMember$37.0M31%down 20% from 2024
Regions by year
Regions202320242025
BRMember$1.5B$1.4B$1.4B
United Kingdoms$635.0M$746.0M$868.0M
Switzerland$71.0M$311.0M$294.0M
Singapore$54.0M$318.0M$287.0M
France$70.0M$307.0M$263.0M
DK$40.0M$179.0M$157.0M
Geographical Area, Other$58.0M$147.0M$112.0M
[Canada]$51.0M$124.0M$109.0M
Hong Kong$17.0M$88.0M$68.0M
United States$12.0M$41.0M$40.0M
DEMember$12.0M$46.0M$37.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue37¢$1.3B
  • Selling, general and admin2¢$80.0M
  • Interest32¢$1.2B
  • Income tax11¢$385.0M
  • Profit19¢$700.0M

Out of $3.7B in revenue.3

Where each dollar of operating cash went, fiscal 2025

  • Capital spending100¢$1.6B
  • Kept or used elsewhere0¢$2.0M

Out of $1.6B of cash from operations.3

Financial statements

Revenue6789103$3.7B in 2025+135% since 2018
0$1.0B$2.0B$3.0B$4.0B2018: $1.6B$1.6B20182019: $1.6B$1.6B2019+4%2020: $1.4B$1.4B2020−12%2021: $1.6B$1.6B2021+15%2022: $1.9B$1.9B2022+15%2023: $2.5B$2.5B2023+33%2024: $3.7B$3.7B2024+46%2025: $3.7B$3.7B2025+0%
Operating income6789103$2.3B in 2025+130% since 2018
0$1.0B$2.0B$3.0B2018: $982.0M$982.0M20182019: $1.0B$1.0B2019+6%2020: $870.0M$870.0M2020−16%2021: $1.1B$1.1B2021+23%2022: $1.3B$1.3B2022+19%2023: $1.7B$1.7B2023+30%2024: $2.2B$2.2B2024+33%2025: $2.3B$2.3B2025+2%
Net income6789103$700.0M in 2025+20% since 2018
-$500.0M0$500.0M$1.0B$1.5B$2.0B2018: $581.0M$581.0M20182019: $570.0M$570.0M2019−2%2020: -$232.0M-$232.0M20202021: $27.0M$27.0M20212022: $1.6B$1.6B2022+5896%2023: $606.0M$606.0M2023−63%2024: $72.0M$72.0M2024−88%2025: $700.0M$700.0M2025+872%

Every line of the income statement as filed: the last 3 fiscal years, latest first.3

Period ending2025-12-312024-12-312023-12-31
Net income$700.0M$72.0M$606.0M
Revaluation of property, plant and equipment$198.0M$119.0M$142.0M
Taxes on the above-$49.0M-$30.0M-$36.0M
Other comprehensive income that will not be reclassified to profit or loss, net of tax$149.0M$89.0M$106.0M
Foreign currency translation$54.0M$134.0M$159.0M
Cash flow hedge-$25.0M$1.0M-$24.0M
Taxes on the above items-$8.0M$6.0M$2.0M
Share of losses from investments in associates$0$0-$27.0M
Other comprehensive income that will be reclassified to profit or loss, net of tax$21.0M$141.0M$110.0M
Total other comprehensive income$170.0M$230.0M$216.0M
Comprehensive income$870.0M$302.0M$822.0M
Brookfield Infrastructure Partners L.P.-$46.0M-$500.0M$278.0M
Non-controlling interests$916.0M$802.0M$544.0M

Compare Brookfield Infrastructure Corp with another company

Corporate structure

Brookfield Infrastructure Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Brookfield Infrastructure Corp

  • Brookfield Corporation Filed SCHEDULE 13D/A on Brookfield Infrastructure Corp, latest Jul 23, 2026 (5 filings since Nov 22, 2021)
  • FMR LLC Filed SCHEDULE 13G/A on Brookfield Infrastructure Corp, latest May 6, 2026 (8 filings since Feb 9, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Brookfield Infrastructure Corp, latest Mar 26, 2026 (2 filings since Oct 30, 2025)
  • BlackRock Filed SC 13G on Brookfield Infrastructure Corp, latest Feb 2, 2024 (4 filings since Feb 7, 2022)
  • Brookfield Infrastructure Corp Vancouver, British Columbia, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Brookfield Infrastructure Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$14.2B3 Dec 31, 2025$12.6B3 Dec 31, 2024+12.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$431.0M3 Dec 31, 2025$674.0M3 Dec 31, 2024−36.1%
Long-term investments$77.0M3 Dec 31, 2025$164.0M3 Dec 31, 2024−53.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.7B3 Dec 31, 2025$1.6B3 Dec 31, 2024+4.4%
Intangible assets, net (excluding goodwill)$3.1B3 Dec 31, 2025$2.9B3 Dec 31, 2024+7.3%

Timeline

  1. Oct 4, 2024Founded Brookfield Infrastructure Corp is founded2

Filings

152 filings to the SEC since October 2021: 5 annual reports, 1 major events, 19 large holders, 127 other. The latest 20:

  1. Oct 15, 20266-K EDGAR
  2. Oct 13, 20266-K EDGAR
  3. Aug 31, 20266-K EDGAR
  4. Aug 28, 20266-K EDGAR
  5. Aug 20, 20266-K EDGAR
  6. Aug 5, 20266-K EDGAR
  7. Jul 30, 20266-K EDGAR
  8. Jul 28, 20266-K EDGAR
  9. Jul 23, 2026SCHEDULE 13D/A EDGAR
  10. Jul 22, 20266-K EDGAR
  11. Jul 22, 20266-K EDGAR
  12. Jun 24, 20266-K EDGAR
  13. May 20, 20266-K EDGAR
  14. May 8, 20266-K EDGAR
  15. May 6, 2026SCHEDULE 13G/A EDGAR
  16. Apr 29, 20266-K EDGAR
  17. Mar 27, 20266-K EDGAR
  18. Mar 26, 2026SCHEDULE 13G/A EDGAR
  19. Mar 17, 202620-F EDGAR
  20. Mar 17, 20266-K EDGAR

The 152 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.8,764,635$337.4M0.0%+1,558,591
Bank Of Montreal /can/5,887,517$226.8M0.1%+95,416
Royal Bank Of Canada4,554,830$175.4M0.0%+740,428
Fmr LLC3,798,694$146.3M0.0%−1,446,487
HighTower Advisors, LLC3,691,022$142.1M0.1%+974,260
Vanguard Capital Management LLC3,575,201$137.9M0.0%+146,914
Bank Of America Corp /de/3,344,289$128.8M0.0%−742,402
Principal Financial Group Inc3,160,380$121.7M0.1%−203,689
Brown Advisory Inc3,112,566$120.0M0.2%+17,026
State Street Corp2,093,748$80.6M0.0%+153,282
TD Waterhouse Canada Inc.2,010,191$77.0M0.2%+162,994
Geode Capital Management, LLC1,884,422$72.6M0.0%+254,906
Clearbridge Investments, LLC1,859,734$71.6M0.1%+1,815,635
Norges Bank1,626,688$62.7M0.0%New
Scotia Capital Inc.1,574,621$60.3M0.2%+151,662
Morgan Stanley1,480,254$57.0M0.0%−393,533
CIBC Bancorp USA Inc.1,320,151$50.9M0.1%−88,462
Cibc World Market Inc.1,187,966$45.8M0.1%+33,102
Neuberger Berman Group LLC1,172,063$45.1M0.0%−70,094
National Bank Of Canada /fi/1,173,607$44.7M0.0%+266,584
Dimensional Fund Advisors LP1,154,140$44.4M0.0%+35,673
Vanguard Fiduciary Trust Co1,139,366$43.9M0.0%+36,154
Caisse de depot et placement du Quebec1,038,058$40.0M0.1%New
Goldman Sachs Group Inc1,001,425$38.6M0.0%+16,182
Copeland Capital Management, LLC997,355$38.4M0.8%−341,057

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jul 24, 2020Alan S. Lowenthal, HousePartial sale$325+118.7%Report
Jul 23, 2020Alan S. Lowenthal, HousePartial sale$423+118.7%Report
Apr 3, 2020Alan S. Lowenthal, HouseBuy$15,001 - $50,000−150.6%Report
Apr 3, 2020Alan S. Lowenthal, HouseExchange$15,001 - $50,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Brookfield Infrastructure Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARBrookfield Infrastructure Corp1
  • CIK0001788348
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company5
  • Incorporated inCanada5
  • Fiscal year endsDecember 311
  • Industry code (SIC)4923 Natural Gas Transmisison & Distribution1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address250 Vesey Street, 15Th Floor, New York, NY 102811
  • Phone(212) 417-70001
  • Shares outstanding119,982,167 Class A Exchangeable Subordinate Voting Shares shares; 31,909 Class B Shares shares as of Dec 31, 20255
  • AuditorDeloitte LLP, Toronto, Canada PCAOB ID 1208; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceSep 25, 20191
  • Filings274 in all: 6-K (123), 425 (36), CORRESP (27), UPLOAD (11), F-4/A (9), FWP (8), 20-F (6), EFFECT (6)1
    All 30 form types

    F-1/A (6), SC 13G/A (5), SCHEDULE 13G/A (5), 424B3 (4), SC 13D/A (4), SC 13G (3), 424B5 (2), F-3 (2), F-4 (2), POS AM (2), SCHEDULE 13D/A (2), 15-12G (1), 25-NSE (1), 3 (1), 8-A12B (1), 8-K12B (1), 8-K12G3 (1), CERT (1), F-1 (1), F-3/A (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (20-F) Mar 17, 2026

Securities registered for trading

ClassSymbolExchange
Class A Exchangeable Subordinate Voting SharesBIPCNew York Stock Exchange

From the cover page of the 20-F filed Mar 17, 2026 (Section 12(b) of the Exchange Act).5