Filing Flows › Infinity Natural Resources (INR) › Q1 2026
Infinity Natural Resources (INR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Infinity Natural Resources (INR) reported revenue of $155M for the first quarter 2026 (Q1 2026), +82% from a year earlier and +32% from the quarter before. Operating margin was 42.2%, net loss $6.3M (4.1% of revenue).
Infinity Natural Resources, Q1 2026: revenue $155M (+82% year over year), operating margin 42.2%, net loss $6.3M, operating cash flow $58.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | +32% | +82% |
| Operating profit | $65.3M | +20% | — |
| Net earnings | −$6.3M | -131% | — |
| Operating cash flow | $58.4M | -22% | -21% |
What changed
Revenue was $154.9M in Q1 2026, up 82% year over year and up 32% from the previous quarter. Natural gas revenues was the largest line at 48% of revenue. Natural gas revenues added $51.2M year over year (up 224%), 73% of the total change.
Operating profit was $65.3M, a 42.2% margin (up 145.5 points year over year). Total costs fell 48% while revenue rose 82%. The fastest-growing cost line was Other operating costs (+65%). The quarter ended with a net loss of $6.3M, after a profit of $80.4M the previous quarter. Minority interests bore $4.5M of it: to shareholders the quarter was a loss of $1.9M. Net interest and other expense of $72.0M was the main reason.
Operating cash flow was $58.4M (down 21% year over year). Non-cash charges added back $35.7M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $26.8M. Capital expenditures of $622.5M exceeded it, leaving free cash flow of −$564.1M.
Questions
What was Infinity Natural Resources' revenue in the first quarter 2026?
Infinity Natural Resources (INR) reported revenue of $155M for the first quarter 2026 (Q1 2026), +82% from a year earlier and +32% from the quarter before.
Was Infinity Natural Resources profitable in the first quarter 2026?
Operating profit was $65.3M (42.2% of revenue) and net loss $6.3M.