Cardinal Infrastructure (CDNL) Operating Expenses (2025 - 2026)
Cardinal Infrastructure (CDNL) posted quarterly Operating Expenses of $10.1 million for Q1 2026, up 377.06% year-over-year from $2.1 million in Q1 2025, and up 377.06% quarter-over-quarter from $2.1 million in Q1 2025.
Cardinal Infrastructure (CDNL) Operating Expenses (2025 - 2026) Analysis & Trends
Cardinal Infrastructure (CDNL) has reported Operating Expenses for 2 consecutive years, with $10.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 377.06% year-over-year to $10.1 million; the TTM figure through Mar 2026 stood at $12.3 million (changed N/A YoY), while the FY2025 annual figure was $23.5 million, up 120.13% from the prior year.
- Operating Expenses grew to $10.1 million in Q1 2026 per CDNL's latest filing, from $2.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $10.1 million in Q1 2026 and bottomed at $2.1 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 102.18 Bn | 101.77 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Comfort Systems Usa | 72.82 Bn | 70.97 Bn | 844.23 Mn | 287.05 Mn |
| 3 | Ferrovial | 47.62 Bn | 42.63 Bn | - | - |
| 4 | Emcor | 36.31 Bn | 35.39 Bn | 1.02 Bn | 475.04 Mn |
| 5 | Mastec | 20.38 Bn | 20.19 Bn | 556.28 Mn | 206.47 Mn |
| 6 | Sterling Infrastructure | 19.23 Bn | 18.73 Bn | 194.30 Mn | 49.26 Mn |
| 7 | APi | 17.20 Bn | 16.35 Bn | 703.00 Mn | 528.00 Mn |
| 8 | Jacobs Solutions | 16.40 Bn | 15.02 Bn | 794.89 Mn | 876.07 Mn |
| 9 | IES Holdings | 15.99 Bn | 15.73 Bn | 340.66 Mn | 162.17 Mn |
| 10 | Cardinal Infrastructure | 1.74 Bn | 1.93 Bn | 34.19 Mn | 10.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.14 Mn |
| Mar 31, 2025 | 2.13 Mn |