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Reported August 11, 2026 · Before market open

Revenue$226.9MBeat by $30.6M
EPS$0.30Miss by $0.13
Revenue estimate$196.4M
EPS estimate$0.43
This was one of the strongest growth quarters in Cardinal's history. We delivered record revenue, our backlog climbed to an all-time high, and today we announced Allied Paving, our ninth acquisition since 2021, following Piedmont Pipe in Charlotte in May. Keeping pace with this level of customer demand, and investing to capture the opportunity it represents, cost more than we expected this quarter, resulting in margins below plan.
Jeremy Spivey

Next report

Nov 10, 2026 (in 2 months)
Revenue estimate$236.4M
EPS estimate$0.52

Financials

Q2 2026

Income statement

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Revenue$226.9M+114%
Gross profit$36.0M+59.5%
Operating income$15.5M+31.8%
Net income$4.7M-34.8%
EPS (diluted)$0.26

Balance sheet

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Cash & equivalents$339.1M
Total debt$220.1M
Total equity$245.1M
Total assets$1.0B

Cash flow

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Operating cash flow$12.7M+200%
CapEx$24.7M+101%
Free cash flow-$12.0M-49.5%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$844.11M-8.9%
Enterprise value$725.1M
P/E46.6×
P/S1.5×

Returns & leverage

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Debt / equity0.9×
Current ratio3.6×

Segments

By product

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Service$1.3M+1,735%

FAQ

When did Cardinal Infrastructure Group, Inc. report Q2 2026 earnings?
Cardinal Infrastructure Group, Inc. (CDNL) reported Q2 2026 earnings on August 11, 2026 before market open.
What were Cardinal Infrastructure Group, Inc.'s Q2 2026 revenue and EPS?
Cardinal Infrastructure Group, Inc. reported revenue of $226.9M and eps of $0.30 for Q2 2026.
Did Cardinal Infrastructure Group, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $196.4M by $30.6M. EPS missed the consensus estimate of $0.43 by $0.13.
Where can I find Cardinal Infrastructure Group, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-343397) and the 10-Q periodic report (0001193125-26-345109) directly on SEC EDGAR. The filing index links above go to sec.gov.