# Cardinal Infrastructure Group Inc.: overview CDNL · Nasdaq · CIK 2079999 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31 Pages: [Overview](/companies/cdnl.md) · [Financials](/companies/cdnl/financials.md) · [Filings](/companies/cdnl/filings.md) · [Insiders](/companies/cdnl/insiders.md) Latest reported revenue: [$226.9m](/filings/0001193125-26-345109.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 12, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001193125-26-345109). ## Last eight quarters | Line item | Unit | period not labelled (2025-03-31) | period not labelled (2025-06-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | | Revenue | $m | [81.8](/filings/0001193125-26-221771.md) | [106](/filings/0001193125-26-345109.md) | [168](/filings/0001193125-26-221771.md) | [227](/filings/0001193125-26-345109.md) | | Gross margin | % | not reported | not reported | not reported | not reported | | Operating margin | % | [9.7%](/filings/0001193125-26-221771.md) | [11.1%](/filings/0001193125-26-345109.md) | [8.8%](/filings/0001193125-26-221771.md) | [6.8%](/filings/0001193125-26-345109.md) | | Net margin | % | [6.7%](/filings/0001193125-26-221771.md) | [6.8%](/filings/0001193125-26-345109.md) | [2.0%](/filings/0001193125-26-221771.md) | [2.1%](/filings/0001193125-26-345109.md) | | Diluted EPS | $ per share | not reported | not reported | [0.23](/filings/0001193125-26-221771.md) | [0.26](/filings/0001193125-26-345109.md) | | Free cash flow | $m | [1.7](/filings/0001193125-26-221771.md) | [(8.0) d](/filings/0001193125-26-345109.md) | [(0.0)](/filings/0001193125-26-221771.md) | [(12.0) d](/filings/0001193125-26-345109.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure. ## Last five fiscal years | Line item | Unit | FY (2023-12-31) | FY (2024-12-31) | FY2025 (2025-12-31) | | --- | --- | ---: | ---: | ---: | | Revenue | $m | [248](/filings/0001193125-26-120014.md) | [315](/filings/0001193125-26-120014.md) | [456](/filings/0001193125-26-120014.md) | | Gross margin | % | not reported | not reported | not reported | | Operating margin | % | [11.9%](/filings/0001193125-26-120014.md) | [11.4%](/filings/0001193125-26-120014.md) | [8.9%](/filings/0001193125-26-120014.md) | | Net margin | % | [8.3%](/filings/0001193125-26-120014.md) | [6.8%](/filings/0001193125-26-120014.md) | [5.0%](/filings/0001193125-26-120014.md) | | Diluted EPS | $ per share | not reported | not reported | not reported | | Free cash flow | $m | [18.6](/filings/0001193125-26-120014.md) | [21.9](/filings/0001193125-26-120014.md) | [(5.9)](/filings/0001193125-26-120014.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. - Diluted EPS. XBRL not reported. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cdnl/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [FMR LLC](/funds/315066.md) | 2026-06-30 | $278.6m | 2,957,660 | | Added +971,368 | | [Driehaus Capital Management LLC](/funds/938206.md) | 2026-06-30 | $113.9m | 1,208,910 | | Added +548,396 | | [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $113.8m | 1,207,548 | | Added +510,349 | | [EMERALD ADVISERS, LLC](/funds/1015083.md) | 2026-06-30 | $79.9m | 847,969 | | Added +269,369 | | [AMERIPRISE FINANCIAL INC](/funds/820027.md) | 2026-06-30 | $72.6m | 771,009 | | New +771,009 | | [FRED ALGER MANAGEMENT, LLC](/funds/3520.md) | 2026-06-30 | $68.5m | 727,033 | | Added +40,448 | | [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $67.0m | 710,881 | | New +710,881 | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $66.3m | 704,186 | | Added +188,767 | | [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $62.8m | 666,645 | | New +666,645 | | [PRINCIPAL FINANCIAL GROUP INC](/funds/1126328.md) | 2026-06-30 | $60.9m | 646,899 | | Added +218,636 | ## Recent filings [All 101 filings](/companies/cdnl/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-10-19 | 08:59 ET | [8-K](/filings/0001193125-26-424737.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-424737 | | 2026-10-01 | 16:30 ET | [8-K](/filings/0001193125-26-410735.md) | 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-410735 | | 2026-09-11 | 16:45 ET | [8-K](/filings/0001193125-26-389363.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001193125-26-389363 | | 2026-08-12 | 17:35 ET | [10-Q](/filings/0001193125-26-345109.md) | Quarterly report, period 2026-06-30 | 0001193125-26-345109 | | 2026-08-11 | 07:00 ET | [8-K](/filings/0001193125-26-343397.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-343397 | | 2026-06-22 | 19:51 ET | [S-1](/filings/0001213900-26-070633.md) | Registration statement | 0001213900-26-070633 | | 2026-06-05 | 16:02 ET | [8-K](/filings/0001193125-26-259493.md) | 5.07 Shareholder vote results | 0001193125-26-259493 | | 2026-05-13 | 16:34 ET | [10-Q](/filings/0001193125-26-221771.md) | Quarterly report, period 2026-03-31 | 0001193125-26-221771 | | 2026-05-12 | 06:30 ET | [8-K](/filings/0001193125-26-218102.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-218102 | | 2026-05-06 | 16:30 ET | [8-K/A](/filings/0001193125-26-209128.md) | 9.01 Financial statements and exhibits | 0001193125-26-209128 | ## Latest annual report [Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-120014.md), filed Mar 23, 2026. ## Forecast league Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/62300939-6ad7-4cb5-a14e-3f4802681489) ## About the filer - CIK: 2079999 - Tickers: CDNL - Exchange: Nasdaq - SIC code: 1600 Heavy Construction Other Than Bldg Const - Contractors - State of incorporation: DE - Filer category:
Emerging growth company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 10:07 ET. No prices; not investment advice.