Filing Flows › Infinity Natural Resources (INR) › Q2 2026 › vs Q2 2025
Infinity Natural Resources (INR) Q2 2026 vs Q2 2025 (year over year)
Infinity Natural Resources's revenue rose $96.5M (+130%) from $74.5M in Q2 2025 to $171M in Q2 2026. The biggest changes: Oil, natural gas, and natural gas liquids sales +$97.9M (+135%); Midstream and other revenues −$1.4M (-70%). Operating margin 41.2% against 29.1% (+12.1 pts).
Infinity Natural Resources, Q2 2026: revenue $171M (+130% year over year), operating margin 41.2%, net earnings $31.8M, operating cash flow $138M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 41.2% | 29.1% | +12.1 pts |
| Net margin | 18.6% | 24.2% | -5.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Oil revenues | $96.6M | $31.6M | $65.0M | +206% |
| Natural gas revenues | $46.1M | $30.5M | $15.7M | +51% |
| NGL revenues | $27.7M | $10.4M | $17.2M | +165% |
| Oil, natural gas, and natural gas liquids sales | $170M | $72.5M | $97.9M | +135% |
| Midstream and other revenues | $609K | $2.0M | −$1.4M | -70% |
| Revenue | $171M | $74.5M | $96.5M | +130% |
| Other income, net | $43.0M | $49.7M | −$6.7M | -14% |
| Operating profit | $70.5M | $21.7M | $48.8M | +225% |
| Costs & expenses | $101M | $52.8M | $47.7M | +90% |
| Pre-tax earnings | $113M | $71.4M | $42.1M | +59% |
| General & admin | $12.4M | $5.3M | $7.1M | +136% |
| Other operating costs | $88.1M | $47.5M | $40.6M | +85% |
| Net earnings | $31.8M | $18.0M | $13.8M | +77% |
| Minority interests | $76.2M | $54.0M | $22.3M | +41% |
| Income tax | $5.5M | −$588K | $6.0M | — |
| Depreciation & amortization | $44.4M | $23.6M | $20.8M | +88% |
| Share-based compensation | $3.2M | $2.3M | $906K | +40% |
| Working capital & other | $58.5M | $26.5M | $32.0M | +121% |
| Operating cash flow | $138M | $70.4M | $67.4M | +96% |
| Capital expenditures | $166M | $82.6M | $83.0M | +100% |
| Negative free cash flow (OCF − capex) | $27.7M | $12.2M | $15.5M | +127% |
Questions
How much did Infinity Natural Resources's revenue grow year over year in Q2 2026?
Infinity Natural Resources's revenue rose $96.5M (+130%) from $74.5M in Q2 2025 to $171M in Q2 2026.
What drove Infinity Natural Resources's revenue change in Q2 2026?
Oil, natural gas, and natural gas liquids sales +$97.9M (+135%); Midstream and other revenues −$1.4M (-70%).