Brookfield Infrastructure Partners L.P. (NYSE: BIP) today announced robust financial results for the full year ended December 31, 2025. The partnership reported net income attributable to the partnership of 1.1 billion for the full year 2025.
Brookfield Infrastructure Partners’ units were trading at approximately 35.38 in intraday trading, reflecting a modest increase of roughly 0.68%. The stock has been trading within a 52-week range of 25.72 to 36.58, currently positioned towards the upper end of this range.
Full-Year Financial Performance
For the full year 2025, Brookfield Infrastructure generated funds from operations (FFO) of 2.6 billion, or 3.32 per unit. This represents a 6% increase in total FFO compared to 2024, when FFO stood at 2.468 billion, or 3.12 per unit. Net income attributable to the partnership significantly increased to 1.091 billion in 2025 from 391 million in 2024. Revenues for the year climbed to 23.100 billion from 21.039 billion in the prior year.
Organic growth was at the higher end of the company’s target range, driven by inflation indexation, stronger volumes across critical infrastructure networks, and the commissioning of over 1.5 billion in new capital projects. The partnership also completed over 1.1 billion in new acquisitions during 2025, which partially contributed to earnings, though this was largely offset by the impact of over 3 billion in asset sales.
Segmental Contributions
The data segment showed the most significant growth, with FFO reaching 502 million, a more than 50% increase compared to the prior year. This was attributed to new investments and strong organic growth in data storage. The utilities segment generated FFO of 786 million, up 7% year-over-year on a comparable basis, while the midstream segment reported FFO of 668 million, a 7% increase year-over-year. The transport segment’s FFO was 1.144 billion, in line with the prior year after normalizing for asset sales and foreign exchange.
Distribution and Capital Initiatives
The Board of Directors declared a quarterly distribution of 0.455 per unit, payable on March 31, 2026, to unitholders of record as of February 27, 2026. This marks a 6% increase compared to the prior year’s distribution. Brookfield Infrastructure exceeded its 3 billion capital recycling target in 2025, funding five new investments. The company expects continued momentum in transaction activity and a robust pipeline of new investment opportunities into 2026.
Analyst Activity
No analyst upgrades, downgrades, or price-target changes were reported in conjunction with this earnings announcement today.
