# Vulcan Infrastructure & Power Inc.: overview

VIP · Nasdaq · CIK 1844971 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/vip.md) · [Financials](/companies/vip/financials.md) · [Filings](/companies/vip/filings.md) · [Insiders](/companies/vip/insiders.md)

Latest reported revenue: [$3.4m](/filings/0001628280-26-057159.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-057159).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [12.4](/filings/0001628280-25-051859.md) | [14.8 d](/filings/0001844971-26-000011.md) | [19.2](/filings/0001628280-26-035547.md) | [12.9](/filings/0001628280-26-057159.md) | [15.2](/filings/0001628280-25-051859.md) | [11.5 d](/filings/0001844971-26-000011.md) | [20.8](/filings/0001628280-26-035547.md) | [3.4](/filings/0001628280-26-057159.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(37.7%)](/filings/0001628280-25-051859.md) | [(8.9%) d](/filings/0001844971-26-000011.md) | [(12.4%)](/filings/0001628280-26-035547.md) | [(26.4%)](/filings/0001628280-26-057159.md) | [2.0%](/filings/0001628280-25-051859.md) | [14.7% d](/filings/0001844971-26-000011.md) | [(21.8%)](/filings/0001628280-26-035547.md) | [(284.8%)](/filings/0001628280-26-057159.md) |
| Net margin | % | [(51.6%)](/filings/0001628280-25-051859.md) | [(26.4%) d](/filings/0001844971-26-000011.md) | [(28.9%)](/filings/0001628280-26-057159.md) | [(32.0%)](/filings/0001628280-26-057159.md) | [78.6%](/filings/0001628280-25-051859.md) | [26.3% d](/filings/0001844971-26-000011.md) | [(22.0%)](/filings/0001628280-26-057159.md) | [(292.4%)](/filings/0001628280-26-057159.md) |
| Diluted EPS | $ per share | [(0.60)](/filings/0001628280-25-051859.md) | not reported | [(0.40)](/filings/0001628280-26-035547.md) | [(0.27)](/filings/0001628280-26-057159.md) | [0.75](/filings/0001628280-25-051859.md) | not reported | [(0.29)](/filings/0001628280-26-035547.md) | [(0.58)](/filings/0001628280-26-057159.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [97.3](/filings/0001628280-23-010227.md) | [90.0](/filings/0001628280-24-015540.md) | [70.4](/filings/0001628280-25-015543.md) | [59.5](/filings/0001844971-26-000011.md) | [58.8](/filings/0001844971-26-000011.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [33.7%](/filings/0001628280-23-010227.md) | [(259.1%)](/filings/0001628280-24-015540.md) | [(24.0%)](/filings/0001628280-25-015543.md) | [(19.2%)](/filings/0001844971-26-000011.md) | [(6.5%)](/filings/0001844971-26-000011.md) |
| Net margin | % | [(45.7%)](/filings/0000950170-22-005214.md) | [(301.3%)](/filings/0001628280-24-015540.md) | [(41.9%)](/filings/0001628280-25-015543.md) | [(33.2%)](/filings/0001844971-26-000011.md) | [9.0%](/filings/0001844971-26-000011.md) |
| Diluted EPS | $ per share | [(1.23)](/filings/0001628280-23-010227.md) | [(63.97)](/filings/0001628280-24-015540.md) | [(4.43)](/filings/0001628280-25-015543.md) | [(1.88)](/filings/0001844971-26-000011.md) | [0.34](/filings/0001844971-26-000011.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations.

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/vip/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 |
| --- | --- | ---: | ---: | --- | --- |
| [Graham Capital Management, L.P.](/funds/1315421.md) | 2026-06-30 | $895.0k | 500,000 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $374.6k | 209,268 |  | Added +87,686 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $225.8k | 126,147 |  | Reduced −52,099 |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $179.5k | 100,300 |  | Added +12,000 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $145.2k | 81,123 |  | Added +36,234 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $141.5k | 79,050 |  | Unchanged |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $86.4k | 48,274 |  | Added +22,265 |
| [Centiva Capital, LP](/funds/1692507.md) | 2026-06-30 | $83.1k | 46,406 |  | Added +9,033 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $77.2k | 43,131 |  | Reduced −6,798 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $55.3k | 30,872 |  | Added +1,066 |

## Recent filings

[All 451 filings](/companies/vip/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-13 | 20:35 ET | [8-K](/filings/0001628280-26-065739.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-065739 |
| 2026-10-05 | 12:32 ET | [8-K](/filings/0001628280-26-064758.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-064758 |
| 2026-09-29 | 20:55 ET | [8-K](/filings/0001628280-26-063839.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001628280-26-063839 |
| 2026-09-17 | 20:19 ET | [SCHEDULE 13D](/filings/0000921895-26-002571.md) | Ownership report, active investor | 0000921895-26-002571 |
| 2026-09-16 | 18:33 ET | [SCHEDULE 13D](/filings/0001193125-26-392929.md) | Ownership report, active investor | 0001193125-26-392929 |
| 2026-09-14 | 22:46 ET | [SCHEDULE 13D/A](/filings/0001193125-26-390907.md) | Ownership report, active investor, amended | 0001193125-26-390907 |
| 2026-09-11 | 22:53 ET | [SCHEDULE 13D](/filings/0000895345-26-000408.md) | Ownership report, active investor | 0000895345-26-000408 |
| 2026-09-10 | 21:07 ET | [8-K](/filings/0001193805-26-001214.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 3.02 Unregistered sale of equity; 5.02 Departure or appointment of officers or directors; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193805-26-001214 |
| 2026-08-17 | 13:04 ET | [8-K](/filings/0001628280-26-057243.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-057243 |
| 2026-08-14 | 20:35 ET | [10-Q](/filings/0001628280-26-057159.md) | Quarterly report, period 2026-06-30 | 0001628280-26-057159 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001844971-26-000011.md), filed Mar 31, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1844971
- Tickers: VIP, GREEL
- Exchange: Nasdaq
- SIC code: 6199 Finance Services
- State of incorporation: DE
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.
