Overview
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- 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
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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
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.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| 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
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| 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 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $431.0M | $674.0M | $539.0M | $445.0M |
| Financial assets | $13.0M | $68.0M | ||
| Accounts receivable and other | $928.0M | $786.0M | ||
| Due from Brookfield Infrastructure | $1.6B | $1.3B | ||
| Assets held for sale | $0 | $2.0B | ||
| Current assets | $2.9B | $4.8B | ||
| Property, plant and equipment | $14.2B | $12.6B | $14.2B | |
| Intangible assets | $3.1B | $2.9B | ||
| Investments in associates | $295.0M | $0 | ||
| Goodwill | $1.7B | $1.6B | ||
| Financial assets | $77.0M | $164.0M | ||
| Other assets | $1.7B | $1.5B | ||
| Deferred income tax asset | $39.0M | $37.0M | ||
| Total assets | $24.0B | $23.6B | ||
| Accounts payable and other | $1.2B | $994.0M | ||
| Non-recourse borrowings | $1.2B | $667.0M | ||
| Financial liabilities | $17.0M | $32.0M | ||
| Loans payable to Brookfield Infrastructure | $100.0M | $102.0M | ||
| Shares classified as financial liability | $5.1B | $4.6B | ||
| Liabilities held for sale | $0 | $1.2B | ||
| Current liabilities | $7.7B | $7.6B | ||
| Non-recourse borrowings | $12.0B | $11.5B | ||
| Financial liabilities | $6.0M | $1.0M | ||
| Other liabilities | $174.0M | $220.0M | ||
| Deferred income tax liability | $2.2B | $2.0B | ||
| Total liabilities | $22.0B | $21.4B | ||
| Brookfield Infrastructure Partners L.P | -$1.3B | -$1.3B | ||
| Non-controlling interests | $3.3B | $3.5B | ||
| Total equity | $2.0B | $2.2B | $4.1B | -$361.0M |
| Total liabilities and equity | $24.0B | $23.6B |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $431.0M | $674.0M | $539.0M | $445.0M |
| Financial assets | $13.0M | $68.0M | ||
| Accounts receivable and other | $928.0M | $786.0M | ||
| Due from Brookfield Infrastructure | $1.6B | $1.3B | ||
| Assets held for sale | $0 | $2.0B | ||
| Current assets | $2.9B | $4.8B | ||
| Property, plant and equipment | $14.2B | $12.6B | $14.2B | |
| Intangible assets | $3.1B | $2.9B | ||
| Investments in associates | $295.0M | $0 | ||
| Goodwill | $1.7B | $1.6B | ||
| Financial assets | $77.0M | $164.0M | ||
| Other assets | $1.7B | $1.5B | ||
| Deferred income tax asset | $39.0M | $37.0M | ||
| Total assets | $24.0B | $23.6B | ||
| Accounts payable and other | $1.2B | $994.0M | ||
| Non-recourse borrowings | $1.2B | $667.0M | ||
| Financial liabilities | $17.0M | $32.0M | ||
| Loans payable to Brookfield Infrastructure | $100.0M | $102.0M | ||
| Shares classified as financial liability | $5.1B | $4.6B | ||
| Liabilities held for sale | $0 | $1.2B | ||
| Current liabilities | $7.7B | $7.6B | ||
| Non-recourse borrowings | $12.0B | $11.5B | ||
| Financial liabilities | $6.0M | $1.0M | ||
| Other liabilities | $174.0M | $220.0M | ||
| Deferred income tax liability | $2.2B | $2.0B | ||
| Total liabilities | $22.0B | $21.4B | ||
| Brookfield Infrastructure Partners L.P | -$1.3B | -$1.3B | ||
| Non-controlling interests | $3.3B | $3.5B | ||
| Total equity | $2.0B | $2.2B | $4.1B | -$361.0M |
| Total liabilities and equity | $24.0B | $23.6B |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $700.0M | $72.0M | $606.0M |
| Earnings from investments in associates, net of distributions received | -$4.0M | $0 | $23.0M |
| Depreciation and amortization expense | $668.0M | $775.0M | $365.0M |
| Mark-to-market and other | -$358.0M | $323.0M | $73.0M |
| Remeasurement of shares classified as financial liability | $441.0M | $477.0M | -$34.0M |
| Deferred income tax expense | $6.0M | $9.0M | $20.0M |
| Changes in non-cash working capital, net | $155.0M | $87.0M | $6.0M |
| Cash from operating activities | $1.6B | $1.7B | $1.1B |
| Acquisition of subsidiaries, net of cash acquired | -$98.0M | $0 | -$3.1B |
| Disposal of subsidiaries, net of cash disposed | $431.0M | $0 | $0 |
| Disposal of investments in associates | $426.0M | $0 | $435.0M |
| Purchase of long-lived assets | -$1.6B | -$1.4B | -$594.0M |
| Disposal of long-lived assets | $213.0M | $315.0M | $75.0M |
| Purchase of financial assets | -$35.0M | $0 | -$57.0M |
| Sale of financial assets | $37.0M | $0 | $53.0M |
| Other investing activities | $20.0M | -$22.0M | $0 |
| Cash used by investing activities | -$612.0M | -$1.1B | -$3.2B |
| Distributions to non-controlling interests | -$599.0M | -$788.0M | -$458.0M |
| Capital provided (to) by non-controlling interest | -$488.0M | -$1.1B | $2.9B |
| Proceeds from non-recourse borrowings | $2.9B | $7.8B | $1.3B |
| Repayment of non-recourse borrowings | -$2.9B | -$5.6B | -$1.1B |
| Loans and repayments from Brookfield Infrastructure | $266.0M | $115.0M | $1.1B |
| Loans and repayments to Brookfield Infrastructure | -$497.0M | -$781.0M | -$1.5B |
| Exchangeable shares issued, net of costs | $38.0M | $0 | $0 |
| Issuance of class B Shares | $0 | $1.0M | $0 |
| Other financing activities | -$29.0M | -$52.0M | -$32.0M |
| Cash (used by) from financing activities | -$1.3B | -$428.0M | $2.2B |
| Change during the year | -$295.0M | $205.0M | $68.0M |
| Impact of foreign exchange on cash | $52.0M | -$70.0M | $26.0M |
No quarter-by-quarter statement was filed.
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
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $14.2B3 Dec 31, 2025 | $12.6B3 Dec 31, 2024 | +12.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| 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
Timeline
- 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:
- Oct 15, 20266-K EDGAR
- Oct 13, 20266-K EDGAR
- Aug 31, 20266-K EDGAR
- Aug 28, 20266-K EDGAR
- Aug 20, 20266-K EDGAR
- Aug 5, 20266-K EDGAR
- Jul 30, 20266-K EDGAR
- Jul 28, 20266-K EDGAR
- Jul 23, 2026SCHEDULE 13D/A EDGAR
- Jul 22, 20266-K EDGAR
- Jul 22, 20266-K EDGAR
- Jun 24, 20266-K EDGAR
- May 20, 20266-K EDGAR
- May 8, 20266-K EDGAR
- May 6, 2026SCHEDULE 13G/A EDGAR
- Apr 29, 20266-K EDGAR
- Mar 27, 20266-K EDGAR
- Mar 26, 2026SCHEDULE 13G/A EDGAR
- Mar 17, 202620-F EDGAR
- 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.
- Brookfield CorporationSCHEDULE 13D/A, 5 filings Nov 22, 2021 to Jul 23, 202611
- FMR LLCSCHEDULE 13G/A, 8 filings Feb 9, 2022 to May 6, 202612
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Oct 30, 2025 to Mar 26, 202613
- BlackRockSC 13G, 4 filings Feb 7, 2022 to Feb 2, 202414
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.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 8,764,635 | $337.4M | 0.0% | +1,558,591 |
| Bank Of Montreal /can/ | 5,887,517 | $226.8M | 0.1% | +95,416 |
| Royal Bank Of Canada | 4,554,830 | $175.4M | 0.0% | +740,428 |
| Fmr LLC | 3,798,694 | $146.3M | 0.0% | −1,446,487 |
| HighTower Advisors, LLC | 3,691,022 | $142.1M | 0.1% | +974,260 |
| Vanguard Capital Management LLC | 3,575,201 | $137.9M | 0.0% | +146,914 |
| Bank Of America Corp /de/ | 3,344,289 | $128.8M | 0.0% | −742,402 |
| Principal Financial Group Inc | 3,160,380 | $121.7M | 0.1% | −203,689 |
| Brown Advisory Inc | 3,112,566 | $120.0M | 0.2% | +17,026 |
| State Street Corp | 2,093,748 | $80.6M | 0.0% | +153,282 |
| TD Waterhouse Canada Inc. | 2,010,191 | $77.0M | 0.2% | +162,994 |
| Geode Capital Management, LLC | 1,884,422 | $72.6M | 0.0% | +254,906 |
| Clearbridge Investments, LLC | 1,859,734 | $71.6M | 0.1% | +1,815,635 |
| Norges Bank | 1,626,688 | $62.7M | 0.0% | New |
| Scotia Capital Inc. | 1,574,621 | $60.3M | 0.2% | +151,662 |
| Morgan Stanley | 1,480,254 | $57.0M | 0.0% | −393,533 |
| CIBC Bancorp USA Inc. | 1,320,151 | $50.9M | 0.1% | −88,462 |
| Cibc World Market Inc. | 1,187,966 | $45.8M | 0.1% | +33,102 |
| Neuberger Berman Group LLC | 1,172,063 | $45.1M | 0.0% | −70,094 |
| National Bank Of Canada /fi/ | 1,173,607 | $44.7M | 0.0% | +266,584 |
| Dimensional Fund Advisors LP | 1,154,140 | $44.4M | 0.0% | +35,673 |
| Vanguard Fiduciary Trust Co | 1,139,366 | $43.9M | 0.0% | +36,154 |
| Caisse de depot et placement du Quebec | 1,038,058 | $40.0M | 0.1% | New |
| Goldman Sachs Group Inc | 1,001,425 | $38.6M | 0.0% | +16,182 |
| Copeland Capital Management, LLC | 997,355 | $38.4M | 0.8% | −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.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jul 24, 2020 | Alan S. Lowenthal, House | Partial sale | $325 | +118.7% | Report |
| Jul 23, 2020 | Alan S. Lowenthal, House | Partial sale | $423 | +118.7% | Report |
| Apr 3, 2020 | Alan S. Lowenthal, House | Buy | $15,001 - $50,000 | −150.6% | Report |
| Apr 3, 2020 | Alan S. Lowenthal, House | Exchange | $15,001 - $50,000 | Report |
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
| Class | Symbol | Exchange |
|---|---|---|
| Class A Exchangeable Subordinate Voting Shares | BIPC | New York Stock Exchange |
From the cover page of the 20-F filed Mar 17, 2026 (Section 12(b) of the Exchange Act).5
Sources
The numbers on this page point here. Each one links to the record it came from.
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