# Vulcan Infrastructure & Power Inc.: financial statements, quarterly

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)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/vip/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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 | [20.9](/filings/0001628280-24-046401.md) | [19.6 d](/filings/0001628280-25-015543.md) | [19.3](/filings/0001628280-25-026016.md) | [13.1](/filings/0001628280-25-040150.md) | [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) |
| Selling, general and administrative | $m | [6.7](/filings/0001628280-24-046401.md) | [3.4 d](/filings/0001628280-25-015543.md) | [5.4](/filings/0001628280-25-026016.md) | [4.2](/filings/0001628280-25-040150.md) | [3.7](/filings/0001628280-25-051859.md) | [4.1 d](/filings/0001844971-26-000011.md) | [2.8](/filings/0001628280-26-035547.md) | [3.1](/filings/0001628280-26-057159.md) | [3.1](/filings/0001628280-25-051859.md) | [3.5 d](/filings/0001844971-26-000011.md) | [3.9](/filings/0001628280-26-035547.md) | [3.9](/filings/0001628280-26-057159.md) |
| Operating income | $m | [(10.1)](/filings/0001628280-24-046401.md) | [5.5 d](/filings/0001628280-25-015543.md) | [(1.7)](/filings/0001628280-25-026016.md) | [(3.8)](/filings/0001628280-25-040150.md) | [(4.7)](/filings/0001628280-25-051859.md) | [(1.3) d](/filings/0001844971-26-000011.md) | [(2.4)](/filings/0001628280-26-035547.md) | [(3.4)](/filings/0001628280-26-057159.md) | [0.3](/filings/0001628280-25-051859.md) | [1.7 d](/filings/0001844971-26-000011.md) | [(4.6)](/filings/0001628280-26-035547.md) | [(9.6)](/filings/0001628280-26-057159.md) |
| Interest expense | $m | [3.0](/filings/0001628280-24-046401.md) | [3.0 d](/filings/0001628280-24-015540.md) | [1.8](/filings/0001628280-24-023622.md) | [1.8](/filings/0001628280-25-040150.md) | [1.8](/filings/0001628280-25-051859.md) | [1.6 d](/filings/0001844971-26-000011.md) | [2.9](/filings/0001628280-26-035547.md) | [0.8](/filings/0001628280-26-057159.md) | [0.2](/filings/0001628280-25-051859.md) | [0.2 d](/filings/0001844971-26-000011.md) | [0.2](/filings/0001628280-26-035547.md) | [0.3](/filings/0001628280-26-057159.md) |
| Income tax | $m | [0.0](/filings/0001628280-24-046401.md) | [0.0 d](/filings/0001628280-25-015543.md) | [0.0](/filings/0001628280-25-026016.md) | [0.0](/filings/0001628280-25-040150.md) | [(0.1)](/filings/0001628280-25-051859.md) | [0.0 d](/filings/0001844971-26-000011.md) | [(0.0)](/filings/0001628280-26-035547.md) | [(0.0)](/filings/0001628280-26-057159.md) | [0.0](/filings/0001628280-25-051859.md) | [(0.4) d](/filings/0001844971-26-000011.md) | [0.0](/filings/0001628280-26-035547.md) | [(0.0)](/filings/0001628280-26-057159.md) |
| Net income | $m | [(14.2)](/filings/0001628280-24-046401.md) | [2.9 d](/filings/0001628280-25-015543.md) | [(3.9)](/filings/0001628280-25-051859.md) | [(5.6)](/filings/0001628280-25-051859.md) | [(6.4)](/filings/0001628280-25-051859.md) | [(3.9) d](/filings/0001844971-26-000011.md) | [(5.6)](/filings/0001628280-26-057159.md) | [(4.1)](/filings/0001628280-26-057159.md) | [12.0](/filings/0001628280-25-051859.md) | [3.0 d](/filings/0001844971-26-000011.md) | [(4.6)](/filings/0001628280-26-057159.md) | [(9.9)](/filings/0001628280-26-057159.md) |
| Diluted EPS | $ per share | [(1.96)](/filings/0001628280-24-046401.md) | not reported | [(0.42)](/filings/0001628280-25-026016.md) | [(0.56)](/filings/0001628280-25-040150.md) | [(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) |
| Basic EPS | $ per share | [(1.96)](/filings/0001628280-24-046401.md) | not reported | [(0.42)](/filings/0001628280-25-026016.md) | [(0.56)](/filings/0001628280-25-040150.md) | [(0.60)](/filings/0001628280-25-051859.md) | not reported | [(0.40)](/filings/0001628280-26-035547.md) | [(0.27)](/filings/0001628280-26-057159.md) | [0.76](/filings/0001628280-25-051859.md) | not reported | [(0.29)](/filings/0001628280-26-035547.md) | [(0.58)](/filings/0001628280-26-057159.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating, us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | not reported | not reported | not reported | not reported | not reported | [8.6](/filings/0001844971-26-000011.md) | not reported | [3.4](/filings/0001628280-25-040150.md) | [7.6](/filings/0001628280-25-051859.md) | [19.6](/filings/0001628280-26-057159.md) | [7.1](/filings/0001628280-26-035547.md) | [3.2](/filings/0001628280-26-057159.md) |
| Current assets | $m | [21.9](/filings/0001628280-23-039003.md) | [24.4](/filings/0001628280-25-015543.md) | [30.8](/filings/0001628280-24-023622.md) | [17.7](/filings/0001628280-24-037288.md) | [20.8](/filings/0001628280-24-046401.md) | [26.8](/filings/0001844971-26-000011.md) | [20.5](/filings/0001628280-25-026016.md) | [18.4](/filings/0001628280-25-040150.md) | [21.8](/filings/0001628280-25-051859.md) | [34.8](/filings/0001628280-26-057159.md) | [29.5](/filings/0001628280-26-035547.md) | [23.8](/filings/0001628280-26-057159.md) |
| Total assets | $m | [89.8](/filings/0001628280-23-039003.md) | [71.2](/filings/0001628280-25-015543.md) | [74.6](/filings/0001628280-24-023622.md) | [62.9](/filings/0001628280-24-037288.md) | [59.9](/filings/0001628280-24-046401.md) | [64.9](/filings/0001844971-26-000011.md) | [56.7](/filings/0001628280-25-026016.md) | [52.8](/filings/0001628280-25-040150.md) | [50.6](/filings/0001628280-25-051859.md) | [53.6](/filings/0001628280-26-057159.md) | [46.1](/filings/0001628280-26-035547.md) | [39.3](/filings/0001628280-26-057159.md) |
| Current liabilities | $m | [35.4](/filings/0001628280-23-039003.md) | [21.0](/filings/0001628280-25-015543.md) | [20.2](/filings/0001628280-24-023622.md) | [14.4](/filings/0001628280-24-037288.md) | [17.0](/filings/0001628280-24-046401.md) | [19.3](/filings/0001844971-26-000011.md) | [14.6](/filings/0001628280-25-026016.md) | [17.5](/filings/0001628280-25-040150.md) | [24.5](/filings/0001628280-25-051859.md) | [63.0](/filings/0001628280-26-057159.md) | [59.5](/filings/0001628280-26-035547.md) | [58.3](/filings/0001628280-26-057159.md) |
| Total liabilities | $m | [155](/filings/0001628280-23-039003.md) | [122](/filings/0001628280-25-015543.md) | [121](/filings/0001628280-24-023622.md) | [115](/filings/0001628280-24-037288.md) | [118](/filings/0001628280-24-046401.md) | [121](/filings/0001844971-26-000011.md) | [115](/filings/0001628280-25-026016.md) | [114](/filings/0001628280-25-040150.md) | [100.0](/filings/0001628280-25-051859.md) | [99.9](/filings/0001628280-26-057159.md) | [96.3](/filings/0001628280-26-035547.md) | [96.8](/filings/0001628280-26-057159.md) |
| Long-term debt | $m | not reported | [68.7](/filings/0001628280-25-015543.md) | [69.0](/filings/0001628280-24-023622.md) | [69.2](/filings/0001628280-24-037288.md) | [69.5](/filings/0001628280-24-046401.md) | [68.1](/filings/0001844971-26-000011.md) | [67.2](/filings/0001628280-25-026016.md) | [63.3](/filings/0001628280-25-040150.md) | [45.8](/filings/0001628280-25-051859.md) | [43.1](/filings/0001844971-26-000011.md) | not reported | not reported |
| Shareholders' equity | $m | [(65.2)](/filings/0001628280-24-046401.md) | [(51.0)](/filings/0001844971-26-000011.md) | [(46.8)](/filings/0001628280-25-051859.md) | [(52.1)](/filings/0001628280-25-051859.md) | [(58.0)](/filings/0001628280-25-051859.md) | [(55.8)](/filings/0001628280-26-057159.md) | [(58.2)](/filings/0001628280-26-057159.md) | [(61.2)](/filings/0001628280-26-057159.md) | [(49.4)](/filings/0001628280-25-051859.md) | [(46.3)](/filings/0001628280-26-057159.md) | [(50.2)](/filings/0001628280-26-057159.md) | [(57.5)](/filings/0001628280-26-057159.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | 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) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [1.8 d](/filings/0001628280-24-046401.md) | [(11.2) d](/filings/0001628280-25-015543.md) | [(5.1)](/filings/0001628280-25-026016.md) | [(1.4) d](/filings/0001628280-25-040150.md) | [(1.9) d](/filings/0001628280-25-051859.md) | [(3.7) d](/filings/0001844971-26-000011.md) | [(5.7)](/filings/0001628280-26-035547.md) | [(4.8) d](/filings/0001628280-26-057159.md) | [0.1 d](/filings/0001628280-25-051859.md) | [(4.6) d](/filings/0001844971-26-000011.md) | [(11.4)](/filings/0001628280-26-035547.md) | [(4.3) d](/filings/0001628280-26-057159.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivitiesContinuingOperations, us-gaap:NetCashProvidedByUsedInOperatingActivities

## Shares

| Line item | Unit | Q3 FY2022 (2022-09-30) | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [4.2](/filings/0001628280-23-039003.md) | [5.3](/filings/0001628280-24-023622.md) | [6.4](/filings/0001628280-24-037288.md) | [7.3](/filings/0001628280-24-046401.md) | [9.5](/filings/0001628280-25-026016.md) | [10.0](/filings/0001628280-25-040150.md) | [10.7](/filings/0001628280-25-051859.md) | [13.9](/filings/0001628280-26-035547.md) | [15.2](/filings/0001628280-26-057159.md) | [15.9](/filings/0001628280-25-051859.md) | [16.0](/filings/0001628280-26-035547.md) | [17.1](/filings/0001628280-26-057159.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

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