To List on NASDAQ
For the nine months ended September 30, 2025, the company reported revenues of $310.2 million, compared to $230.3 million in the corresponding quarter last year. This growth mainly reflects a backlog of approximately $646 million as of September. Net income for the period was $26.2 million, vs. $21.9 million a year earlier. Adjusted EBITDA rose to $55.7 million in the nine months from $41.3 million in the comparable period last year. Adjusted EBITDA margin was 17.9%, unchanged from the prior-year period.
The Company
Cardinal Infrastructure provides a comprehensive suite of infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets. The company is emerging as a preferred platform for major infrastructure and construction projects in its target geographies. It also advises clients on how to satisfy planning, environmental and other federal grant requirements, working in conjunction with federal agencies.