Filing Flows › Infinity Natural Resources (INR) › Q1 2025
Infinity Natural Resources (INR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Infinity Natural Resources (INR) reported revenue of $85.2M for the first quarter 2025 (Q1 2025), +70% from a year earlier and +23% from the quarter before. Operating margin was -103.3%, net loss $128M (150.7% of revenue).
Infinity Natural Resources, Q1 2025: revenue $85.2M (+70% year over year), operating margin -103.3%, net loss $128M, operating cash flow $74.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $85.2M | +23% | +70% |
| Operating profit | −$88.0M | -411% | — |
| Net earnings | −$128M | — | — |
| Operating cash flow | $74.2M | +147% | +146% |
What changed
Revenue was $85.2M in Q1 2025, up 70% year over year and up 23% from the previous quarter. Oil revenues was the largest line at 55% of revenue. Oil revenues added $19.9M year over year (up 73%), 57% of the total change.
Operating costs exceeded revenue by $88.0M, an operating margin of -103.3%. Total costs grew 384% against revenue growth of 70%. The fastest-growing cost line was General & admin (+6091%). The quarter ended with a net loss of $128.4M, wider than the previous quarter's $5.5M loss. Minority interests bore $93.8M of it: to shareholders the quarter was a loss of $34.6M.
Operating cash flow was $74.2M (up 146% year over year). Non-cash charges added back $21.3M of depreciation and amortization and $126.9M of share-based compensation. Working capital and other items added $54.4M. Capital expenditures of $105.7M exceeded it, leaving free cash flow of −$31.4M.
Questions
What was Infinity Natural Resources' revenue in the first quarter 2025?
Infinity Natural Resources (INR) reported revenue of $85.2M for the first quarter 2025 (Q1 2025), +70% from a year earlier and +23% from the quarter before.
Was Infinity Natural Resources profitable in the first quarter 2025?
Operating loss was $88.0M (-103.3% of revenue) and net loss $128M.