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Cardinal Infrastructure Group, Inc. CDNL Products & Services — Revenue

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Other financials

Income statement

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Revenue$167.5M+105%
Gross profit$34.2M+107%
Operating income$14.8M+86.9%
Net income$3.4M-37.6%
EPS (diluted)$0.23

Balance sheet

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Cash & equivalents$44.0M
Total debt$220.6M
Total assets$657.3M

Cash flow

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Operating cash flow$9.3M-23.0%
CapEx$9.3M-10.2%
Free cash flow-$961.0-100%

Valuation

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Market cap$1.25B+34.5%
Enterprise value$1.42B
P/E82.5×
P/S3.1×

Profitability

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Gross margin20.6%+0.6pp
Operating margin11%-0.8pp
Net margin6.8%-1.1pp
FCF margin5.7%-1.6pp

Returns & leverage

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Current ratio1.7×

Where this comes from

Reported directly by Cardinal Infrastructure Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: Cardinal Infrastructure Group, Inc.’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:34 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-221771

During the three months ended March 31, 2026 and 2025, the Company engaged in transactions with Park Towns ("Park"), which is a related party due to common control under a Company equity holder. The Company recognized revenue of $14,471 and $38,857 for the work performed for Park for the three months ended March 31, 2026 and 2025, respectively. The outstanding balances due from Park as of March 31, 2026 and 2025 are $- and $215,738, respectively, which are included on the accompanying condensed consolidated balance sheet as accounts receivable, net. All transactions with Park were conducted in the normal course of business and on terms equivalent to those that prevail in arm's length transactions.

Item 1. Financial Statements.

FAQ

What is Cardinal Infrastructure Group, Inc.'s products & services — revenue?
Cardinal Infrastructure Group, Inc. (CDNL) reported products & services — revenue of $14.47K in Q1 2026.
How has Cardinal Infrastructure Group, Inc.'s products & services — revenue changed year-over-year?
Cardinal Infrastructure Group, Inc.'s products & services — revenue decreased by 62.8% year-over-year, from $38.86K to $14.47K.
What does products & services — revenue mean?
This metric represents the total gross income generated from the company's specialized infrastructure service offerings, including wet utility installations, site preparation, and related civil contracting activities. It reflects the demand for the company's core operational expertise across residential, commercial, and municipal markets. Tracking this revenue stream provides insight into the scale and market penetration of the firm's primary service-based business segment.

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