CDNLCardinal Infrastructure Group Inc.
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A mixed picture: the questions disagree
Quality mixed, nothing alarming, price roughly fair, the market undecided.
We provide a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. Our operations leverage a large highly skilled workforce and a fleet of specialized equipment to deliver wet utility installations (water, sewer, and stormwater systems), as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services.
In the company’s own words · 10-K filed Mar 23, 2026 · SEC EDGAR
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As reported to the SEC, without any scoring.
Cardinal Infrastructure Group Inc. (CDNL) reported revenue of $227M in Q2 2026 (quarter ended Jun 30, 2026), up 177% from the same quarter a year earlier. That came with a gross margin of 16% and net income of $4.7M (2.1% of revenue). For the full year FY2025, revenue was $456M (+45% year on year) and net income $23M. The next results filing is expected around Nov 10, 2026, a quarter after the last one.
What the company said
The company's own words from its current reports to the SEC, newest first
- Oct 1, 2026On October 1, 2026 (the “Closing Date”), Cardinal Infrastructure Group Inc., a Delaware corporation (the “Company”), consummated its acquisition (the “Acquisition”) of Allied Paving Contractors, Inc. (“Allied Paving”)Unregistered sale of equity · Form 8-K
- Sep 11, 2026Amendment to Credit Agreement On September 10, 2026, Cardinal Civil Contracting, LLC (the “Borrower”), which is a subsidiary of Cardinal Infrastructure Group Inc. (the “Company”), the other guarantors party thereto, the lenders party thereto and Truist Bank (“Truist Bank”), as administrative agent, issuing bank and …Material agreement entered · Form 8-K
- Aug 11, 2026Cardinal Infrastructure Group Inc. Reports Second Quarter 2026 Results and Updates 2026 Outlook, Announces Acquisition of Allied Paving.Earnings release · press release
Quoted from SEC EDGAR filings. A current report is filed within four business days of the event it describes.
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Engineering & Construction
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