Cardinal Infrastructure Q1 FY26 net income rises 73% to $11.5 million; revenue more than doubles to $167.5 million

Cardinal Infrastructure Group, Inc.

Cardinal Infrastructure Group, Inc.

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  • Cardinal Infrastructure Group posted Q1 2026 revenue of USD 167.5 million, more than doubled year over year, while net income climbed 73% to USD 11.5 million.
  • Adjusted EBITDA rose 84% to USD 26.8 million.
  • Backlog jumped 60% from a year earlier to USD 854 million as of March 31.
  • Full-year 2026 revenue outlook increased to USD 675 million-USD 685 million from USD 665 million-USD 678 million, reflecting expected contribution from A.L. Grading Contractors following the Feb. 18 close.
  • CEO Jeremy Spivey cited an all-time high backlog, early contributions from ALGC, a robust bidding environment, and an M&A pipeline described as the most active it has been.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cardinal Infrastructure Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605120630PR_NEWS_USPR_____CL56785) on May 12, 2026, and is solely responsible for the information contained therein.