Filing Flows › Infinity Natural Resources (INR) › Q3 2026 › vs Q2 2026
Infinity Natural Resources (INR) Q3 2026 vs Q2 2026 (quarter over quarter)
Infinity Natural Resources's revenue rose $26.6M (+16%) from $171M in Q2 2026 to $198M in Q3 2026. The biggest changes: Oil, natural gas, and NGL sales +$24.6M (+14%); Midstream and other revenue +$2.0M (+326%).
Infinity Natural Resources, Q3 2026: revenue $198M (+148% year over year), operating margin 40.1%, net loss $383K, operating cash flow $137M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 11.6% | -16.2% | +27.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Oil revenues | $100M | $96.6M | $3.6M | +4% |
| Natural gas revenues | $56.8M | $46.1M | $10.7M | +23% |
| NGL revenues | $37.9M | $27.7M | $10.3M | +37% |
| Oil, natural gas, and NGL sales | $195M | $170M | $24.6M | +14% |
| Midstream and other revenue | $2.6M | $609K | $2.0M | +326% |
| Revenue | $198M | $171M | $26.6M | +16% |
| Net loss | $383K | −$108M | $108M | — |
| Costs & expenses | $198M | $214M | −$16.0M | -7% |
| Operating costs | $118M | $101M | $17.8M | +18% |
| Interest & other, net | $79.2M | −$43.0M | $122M | — |
| Income tax | $377K | $5.5M | −$5.1M | -93% |
| General & admin | $13.6M | $12.4M | $1.2M | +9% |
| Other operating costs | $105M | $88.1M | $16.7M | +19% |
| Operating cash sources | $138M | $29.9M | $108M | +361% |
| Depreciation & amortization | $54.7M | $44.4M | $10.3M | +23% |
| Share-based compensation | $3.3M | $3.2M | $85K | +3% |
| Working capital & other | $79.6M | −$17.8M | $97.4M | — |
| Net loss absorbed | $383K | −$108M | $108M | — |
| Operating cash flow | $137M | $138M | −$653K | -0.5% |
| Free cash flow (OCF − capex) | $22.9M | −$27.7M | $50.6M | — |
| Capital expenditures | $114M | $166M | −$51.2M | -31% |
Questions
How much did Infinity Natural Resources's revenue grow quarter over quarter in Q3 2026?
Infinity Natural Resources's revenue rose $26.6M (+16%) from $171M in Q2 2026 to $198M in Q3 2026.
What drove Infinity Natural Resources's revenue change in Q3 2026?
Oil, natural gas, and NGL sales +$24.6M (+14%); Midstream and other revenue +$2.0M (+326%).