Cardinal Infrastructure Q2 revenue up 114%, raises FY26 guidance, acquires Allied Paving

Cardinal Infrastructure Group Inc.

Record Q2 revenue of $226.9M, up 114% YoY; organic growth 64%.
Q2 adjusted EBITDA $28.1M, up 43% YoY; YTD adjusted EBITDA $54.9M, up 60%.
Backlog $866M as of June 30, up 35% YoY; FY26 revenue guidance raised to $880-900M.
Acquired Allied Paving: $108M annual revenue at 20.3% adjusted EBITDA margin, 5.5x multiple.
Third acquisition of 2026; accretive deal supports Atlanta market verticalization.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.