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How Infinity Natural Resources (INR) makes money

Infinity Natural Resources (INR) made $171M of revenue in the second quarter 2026 (Q2 2026), +130% from a year earlier. Oil, natural gas, and natural gas liquids sales brought in $170M (100%); Midstream and other revenues brought in $609K (0%). Of every dollar of revenue, 41¢ was left as operating profit, 19¢ was left as net earnings.

Drawing the Sankey…

Infinity Natural Resources revenue by segment, Q2 2026Infinity Natural Resources revenue by segment, Q2 2026Oil, natural gas, and natural gas…$170MMidstream and other revenues$609K
Infinity Natural Resources revenue by quarterInfinity Natural Resources revenue by quarter$69.1MQ4 2024$85.2MQ1 2025$74.5MQ2 2025$79.7MQ3 2025$117MQ4 2025$155MQ1 2026$171MQ2 2026
Infinity Natural Resources: where each dollar of revenue goesInfinity Natural Resources: where each dollar of revenue goesOperating profit41¢Income tax3¢Net earnings19¢Operating cash flow81¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Oil, natural gas, and natural gas liquids sales$170M99.6%—+135%
  ↳ Oil revenues$96.6M56.5%—+206%
  ↳ Natural gas revenues$46.1M27.0%—+51%
  ↳ NGL revenues$27.7M16.2%—+165%
Midstream and other revenues$609K0.4%—-70%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$171M100.0%
Operating profit$70.5M41.2%
Income tax$5.5M3.2%
Net earnings$31.8M18.6%
Operating cash flow$138M80.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$171M+130%
Q1 2026$155M+82%
Q4 2025$117M+69%
Q3 2025$79.7M+15%
Q2 2025$74.5M+6%
Q1 2025$85.2M+70%
Q4 2024$69.1M—

From Infinity Natural Resources' 10-Q filed Aug 10, 2026 (on EDGAR).

Questions

How does Infinity Natural Resources make money?

Infinity Natural Resources (INR) made $171M of revenue in the second quarter 2026 (Q2 2026), +130% from a year earlier. Oil, natural gas, and natural gas liquids sales brought in $170M (100%); Midstream and other revenues brought in $609K (0%). Of every dollar of revenue, 41¢ was left as operating profit, 19¢ was left as net earnings.

What is Infinity Natural Resources' biggest business?

Oil, natural gas, and natural gas liquids sales: $170M in the second quarter 2026, 100% of revenue, +135% from a year earlier.

What is Infinity Natural Resources' profit margin?

Net earnings were $31.8M, 18.6% of revenue, in the second quarter 2026; the operating margin was 41.2%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.