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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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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
Line itemThree months ended March 31, 2026Three months ended March 31, 2025
Interest expense, net(2,245,876)(1,026,276)
Other expense, net(241,400)
Total other expense, net(2,245,876)(1,267,676)
Net income before taxes12,534,2656,641,745
Income tax expense(1,053,229)
Net income11,481,0366,641,745
Less: Net income attributable to noncontrolling interests8,062,5981,164,764
Net income attributable to Cardinal Infrastructure Group Inc.$3,418,438$5,476,981

Item 1. Financial Statements.

FAQ

What is Cardinal Infrastructure Group, Inc.'s pre-tax income?
Cardinal Infrastructure Group, Inc. (CDNL) reported pre-tax income of $12.53M in Q1 2026.
How has Cardinal Infrastructure Group, Inc.'s pre-tax income changed year-over-year?
Cardinal Infrastructure Group, Inc.'s pre-tax income increased by 88.7% year-over-year, from $6.64M to $12.53M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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