Filing Flows › Infinity Natural Resources (INR) › Q3 2026
Infinity Natural Resources (INR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 9, 2026
Infinity Natural Resources (INR) reported revenue of $198M for the third quarter 2026 (Q3 2026), +148% from a year earlier and +16% from the quarter before. Operating margin was 40.1%, net loss $383K (0.2% of revenue).
Infinity Natural Resources, Q3 2026: revenue $198M (+148% year over year), operating margin 40.1%, net loss $383K, operating cash flow $137M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $198M | +16% | +148% |
| Operating profit | $79.2M | +12% | +231% |
| Net earnings | −$383K | -101% | -104% |
| Operating cash flow | $137M | -0.5% | +226% |
| Free cash flow | $22.9M | — | — |
What changed
Revenue was $197.6M in Q3 2026, up 148% year over year and up 16% from the previous quarter. Oil revenues was the largest line at 51% of revenue. Oil revenues added $59.2M year over year (up 144%), 50% of the total change.
Operating profit was $79.2M, a 40.1% margin (up 10.1 points year over year). Of the extra revenue versus Q3 2025, 47% reached operating profit, above the 30% margin then. Total costs grew 112% against revenue growth of 148%. The fastest-growing cost line was Other operating costs (+119%). The quarter ended with a net loss of $383K, after a profit of $108.0M the previous quarter. Minority interests bore $261K of it: to shareholders the quarter was a loss of $122K. Net interest and other expense of $79.2M was the main reason.
Operating cash flow was $137.2M (up 226% year over year). Non-cash charges added back $54.7M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items added $79.6M. Capital expenditures of $114.3M left free cash flow of $22.9M.
Questions
What was Infinity Natural Resources' revenue in the third quarter 2026?
Infinity Natural Resources (INR) reported revenue of $198M for the third quarter 2026 (Q3 2026), +148% from a year earlier and +16% from the quarter before.
Was Infinity Natural Resources profitable in the third quarter 2026?
Operating profit was $79.2M (40.1% of revenue) and net loss $383K.