Filing Flows › Infinity Natural Resources (INR) › Q2 2026
Infinity Natural Resources (INR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Infinity Natural Resources (INR) reported revenue of $171M for the second quarter 2026 (Q2 2026), +130% from a year earlier and +10% from the quarter before. Operating margin was 41.2%, net earnings $31.8M (18.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $171M | +10% | +130% |
| Operating profit | $70.5M | +8% | +225% |
| Net earnings | $31.8M | — | +77% |
| Operating cash flow | $138M | +136% | +96% |
What changed
Revenue was $171.0M in Q2 2026, up 130% year over year and up 10% from the previous quarter. Oil revenues was the largest line at 56% of revenue. Oil revenues added $65.0M year over year (up 206%), 67% of the total change. Midstream and other revenues declined 70%.
Operating profit was $70.5M, a 41.2% margin (up 12.1 points year over year). Of the extra revenue versus Q2 2025, 51% reached operating profit, above the 29% margin then. Total costs grew 90% against revenue growth of 130%. The fastest-growing cost line was General & admin (+136%). Net earnings were $31.8M, up 77% year over year. The effective tax rate was 4.8%. Non-operating items added $43.0M, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $137.8M (up 96% year over year), 128% of net income including minority interests. Non-cash charges added back $44.4M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items used $17.8M. Capital expenditures of $165.6M exceeded it, leaving free cash flow of −$27.7M.
Questions
What was Infinity Natural Resources' revenue in the second quarter 2026?
Infinity Natural Resources (INR) reported revenue of $171M for the second quarter 2026 (Q2 2026), +130% from a year earlier and +10% from the quarter before.
Was Infinity Natural Resources profitable in the second quarter 2026?
Operating profit was $70.5M (41.2% of revenue) and net earnings $31.8M.