Brookfield Infrastructure Corp · Q2 2025 earnings

Briefing

Brookfield Infrastructure Q2 2025: $866M revenue; net loss on exchangeable share remeasurement

Brookfield Infrastructure Corporation reported second quarter 2025 revenues of $866 million, down from $908 million in Q2 2024, reflecting portfolio transitions including the held-for-sale global data business. The company posted a net loss of $309 million for the quarter, primarily driven by a $550 million remeasurement charge on exchangeable shares classified as a financial liability, partially offset by mark-to-market gains. On an operating basis, direct operating costs were $303 million and general and administrative expenses were $20 million. Cash and equivalents rose to $1.2 billion from $674 million at year-end 2024. Operations span U.K. regulated distribution, Brazilian regulated gas transmission, and global intermodal logistics.

• Q2 revenue of $866M vs $908M prior year; six-month revenue $1.80B.
• Net loss of $309M driven by $550M exchangeable share remeasurement; six-month net income $453M.
• Cash and equivalents increased to $1.22B; cash from operating activities $478M in Q2.
• Portfolio focused on U.K. distribution, Brazil gas transmission, and global intermodal logistics.
• Interest expense $267M in Q2 on elevated non-recourse borrowings of $13.2B.

Headline financials

Revenue & EPS history