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-$599.3M-9.7%

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:RetainedEarningsAccumulatedDeficit.

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 itemMarch 31,2026 (Unaudited)December 31,2025
Class A common stock, $0.0001 par value, 500,000,000 shares authorized; 15,292,984 and 14,947,318 shares issued and outstanding as of March 31, 2026 and December 31 2025, respectively1,5301,495
Class B common stock, $0.0001 par value, 500,000,000 shares authorized; 27,573,875 and 23,387,813 shares issued and outstanding as of March 31, 2026 and December 31 2025, respectively2,7572,339
Additional paid-in capital66,275,18857,593,814
Retained earnings4,282,031863,593
Accumulated other comprehensive loss(151,904)
Noncontrolling interests191,591,98481,076,582
Total stockholders' equity262,001,586139,537,823
Total liabilities and stockholders' equity$657,251,915$394,587,355

Item 1. Financial Statements.

FAQ

What is Cardinal Infrastructure Group, Inc.'s retained earnings?
Cardinal Infrastructure Group, Inc. (CDNL) reported retained earnings of $4.28M in Q1 2026.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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