Filing Flows › Utilities › Xplr Infrastructure, LP (XIFR)
Xplr Infrastructure, LP (XIFR) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · Xplr Infrastructure, LP (XIFR) Q3 2026 earnings results →
Q3 2026 Revenue up 5% year over year to $332M · 15¢ of every $1 of revenue kept as net profit · operating margin 25.0%
Xplr Infrastructure, LP made $332M in Q3 2026 (+5% Y/Y). Operating margin 25.0%, net earnings $51.0M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $332.0M in Q3 2026, up 5% year over year and down 9% from the previous quarter.
Operating profit was $83.0M, a 25.0% margin (up 23.4 points year over year). Of the extra revenue versus Q3 2025, 459% reached operating profit, above the 2% margin then. Total costs fell 20% while revenue rose 5%. Net earnings were $51.0M. The effective tax rate was 6.1%.
Operating cash flow was $179.0M (down 23% year over year), 192% of net income including minority interests. Working capital and other items added $86.0M. Capital expenditures of $244.0M exceeded it, leaving free cash flow of −$65.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 3, 2026 | $332M | +5% | 25.0% | $51.0M | $179M |
| Q2 2026 | 10-Q | Jul 28, 2026 | $363M | +6% | 16.5% | $38.0M | $233M |
| Q1 2026 | 10-Q | May 7, 2026 | $275M | -2% | -6.2% | −$48.0M | −$5.0M |
| Q4 2025 | 10-K | Feb 17, 2026 | $249M | -15% | -19.7% | −$81.0M | $186M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $315M | -1% | 1.6% | −$64.0M | $231M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $342M | -5% | 26.3% | $36.0M | $232M |
| Q1 2025 | 10-Q | May 8, 2025 | $282M | +10% | -82.6% | −$328M | $90.0M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- SCE-PM — 15% of its revenue · Stated in 10-K (XBRL) · source
- PCG-PA — 14% of its revenue · Stated in 10-K (XBRL) · source
About Xplr Infrastructure, LP
XPLR, through its ownership in XPLR OpCo, has a partial ownership interest in a clean energy infrastructure portfolio in the U.S. with approximately 10 gigawatts of net generating capacity in 28 states as of December 31, 2025 and is one of the largest generators of energy from the wind and sun in the U.S. based on 2025 MWh produced on a net generation basis. XPLR's portfolio is diversified across generation technologies including wind, solar and battery storage projects. XPLR believes anticipated long-term growth in U.S. electricity demand will create opportunities for XPLR to invest in its existing portfolio, including through additional investments in renewable energy repowering projects and co-located battery storage and through renewing, extending or recontracting existing PPAs.
In its own words, from its 10-K, filed Feb 17, 2026.
Xplr Infrastructure, LP against its Electric Services peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +5% against the peers' median +13%. Operating margin: 25.0% against the peers' median 26.9%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| XIFR Xplr Infrastructure, LP | Q3 2026 | $332M | +5% | 25.0% |
| Southern Power | Q3 2026 | $8.8B | +13% | 33.9% |
| NEE NextEra Energy | Q3 2026 | $8.1B | +2% | 32.4% |
| Florida Power & Light | Q2 2026 | $7.5B | +12% | 29.7% |
| CEG Constellation Energy | Q2 2026 | $7.5B | +23% | 7.7% |
| NRG NRG Energy | Q2 2026 | $7.5B | +11% | 13.0% |
| AEP Texas | Q3 2026 | $6.8B | +14% | 26.5% |
| VST Vistra | Q3 2026 | $6.3B | +28% | 26.9% |
| D Dominion Energy | Q3 2026 | $5.6B | +24% | 32.8% |
Source: Xplr Infrastructure, LP 10-Q on SEC EDGAR · CIK 1603145 · Electric Services
Guidance and outlook
13F: who owns XIFR and who is buying
More on XIFR
- How Xplr Infrastructure, LP makes money: revenue by segment
- Xplr Infrastructure, LP next earnings date and what analysts expect
- Xplr Infrastructure, LP stock forecast, price target and fair value
- Who owns Xplr Infrastructure, LP stock: holders, funds and Congress trades
- Xplr Infrastructure, LP guidance and outlook
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results