Cardinal Q1 rev $167.5M (+105% YoY), net inc $11.5M (+73%), backlog $854M, raises FY guide

Cardinal Infrastructure Group Inc.

Revenue $167.5M, up 105% total or 64% organically year-over-year.
Net income $11.5M, up 73% from Q1 2025.
Adjusted EBITDA $26.8M, up 84% year-over-year.
Backlog $854M as of March 31, 2026, up 60% from prior year.
Company raises full-year 2026 outlook (specific guidance figures not provided in excerpt).

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Cardinal Infrastructure Group Inc. reported first quarter 2026 results: revenue $167.5 million, net income $11.5 million. Guidance raised.

Period: first quarter 2026
Revenue: $167.5 million
Net income: $11.5 million
Guidance: raised
Result: reported results

Exact text from the filing

Cardinal Infrastructure Group Inc. Announces First Quarter 2026 Results and Raises 2026 Outlook Raleigh, NC – May 12, 2026 – Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) (“Cardinal” or the “Company”), today announced first quarter 2026 financial results and raised guidance for the full year 2026. First Quarter Highlights*: • Revenue of $167.5 million; up 105% in total or 64% organically year-over-year • Net income of $11.5 million; up 73% from first quarter 2025

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Source: SEC EDGAR

accession 0001193125-26-218102

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