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How Cardinal Infrastructure Group (CDNL) makes money

Cardinal Infrastructure Group (CDNL) made $227M of revenue in the second quarter 2026 (Q2 2026), +114% from a year earlier. Of every dollar of revenue, 7¢ was left as operating profit, 2¢ was left as net earnings.

Drawing the Sankey…

Cardinal Infrastructure Group revenue by quarterCardinal Infrastructure Group revenue by quarter$168MQ1 2026$227MQ2 2026
Cardinal Infrastructure Group: where each dollar of revenue goesCardinal Infrastructure Group: where each dollar of revenue goesOperating profit7¢Net earnings2¢Operating cash flow6¢

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$227M100.0%
Operating profit$15.5M6.8%
Net earnings$4.7M2.1%
Operating cash flow$12.7M5.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$227M+114%
Q1 2026$168M+105%

From Cardinal Infrastructure Group's 10-Q filed Aug 12, 2026 (on EDGAR).

Questions

How does Cardinal Infrastructure Group make money?

Cardinal Infrastructure Group (CDNL) made $227M of revenue in the second quarter 2026 (Q2 2026), +114% from a year earlier. Of every dollar of revenue, 7¢ was left as operating profit, 2¢ was left as net earnings.

What is Cardinal Infrastructure Group's profit margin?

Net earnings were $4.7M, 2.1% of revenue, in the second quarter 2026; the operating margin was 6.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.