Filing Flows › Xplr Infrastructure, LP (XIFR) › Q3 2025
Xplr Infrastructure, LP (XIFR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Xplr Infrastructure, LP (XIFR) reported revenue of $315M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -8% from the quarter before. Operating margin was 1.6%, net loss $64.0M (20.3% of revenue).
Xplr Infrastructure, LP, Q3 2025: revenue $315M (-1% year over year), operating margin 1.6%, net loss $64.0M, operating cash flow $231M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $315M | -8% | -1% |
| Operating profit | $5.0M | -94% | — |
| Net earnings | −$64.0M | -278% | — |
| Operating cash flow | $231M | -0.4% | +11% |
What changed
Revenue was $315.0M in Q3 2025, down 1% year over year and down 8% from the previous quarter.
Operating profit was $5.0M, a 1.6% margin (down 13.8 points year over year). Total costs grew 15% against a revenue fall of 1%. The quarter ended with a net loss of $64.0M, after a profit of $36.0M the previous quarter. Minority interests bore $27.0M of it: to shareholders the quarter was a loss of $37.0M.
Operating cash flow was $231.0M (up 11% year over year). Working capital and other items added $295.0M. Capital expenditures of $514.0M exceeded it, leaving free cash flow of −$283.0M.
Questions
What was Xplr Infrastructure, LP's revenue in the third quarter 2025?
Xplr Infrastructure, LP (XIFR) reported revenue of $315M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -8% from the quarter before.
Was Xplr Infrastructure, LP profitable in the third quarter 2025?
Operating profit was $5.0M (1.6% of revenue) and net loss $64.0M.