INFINITY NATURAL RESOURCES, INC. financial statements
Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data INFINITY NATURAL RESOURCES, INC. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
162
259
356
General and administrative
4.89
13
153
Operating expenses
109
165
345
Operating income
52.7
93.7
11.9
Other non-operating income
0.57
-0.87
-1.54
Pre-tax income
86.7
49.3
59.1
Income tax
0
0
-4.86
Net income to minority interests
0
54
Net income
86.7
0
13.8
EBITDA
106
167
116
EPS, basic
0.00
0.00
0.90
EPS, diluted
0.00
0.00
0.89
Shares, basic (weighted)
0
0
15.4
Shares, diluted (weighted)
0
0
61
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
1.5
2.2
2.85
Receivables
39.3
54.8
Other current assets
11.8
4
Total current assets
85.6
161
Lease right-of-use assets
1.39
1.15
Other non-current assets
8.46
6.71
Total assets
915
1,241
Accounts payable
51.4
38.6
Accrued liabilities
46
23
Deferred revenue
6.19
1.3
Short-term debt
0.1
Total current liabilities
133
103
Long-term debt
259
Lease liabilities
1.14
0.97
Total liabilities
407
263
Total debt
260
0.06
Paid-in capital
0
311
Retained earnings
0
-4.44
Shareholders' equity
0
307
Total equity
0
307
Total liabilities and equity
915
1,241
Cash flow statement
FY2023
FY2025
FY2025
Net income
86.7
49.3
64
Depreciation and amortization
53.8
73.7
104
Stock-based compensation
0
0
133
Deferred income tax
0
0
-4.86
Change in receivables
-21.8
-27.4
3.8
Cash from operations
106
178
262
Cash from investing
-437
-256
-430
Share buybacks
0
0
-1.19
Cash from financing
331
79.2
169
Net change in cash
0.77
0.7
0.65
Interest paid
10.1
19.2
7.27
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $13.06 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
40.9%
Operating income / revenue.
EBITDA margin
67.5%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
42.6%
Pre-tax income / revenue.
Net margin
11.5%
Net income / revenue.
Operating cash flow margin
60.0%
Cash from operations / revenue.
Effective tax rate
0.4%
Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)
15.1%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
2.8%
Net income / average total assets.
Return on invested capital (ROIC)
57.2%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue
1.9%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
26.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
37.6%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-87.3%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-30.9%
EBITDA vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
47.3%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
35.5%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.87x
Current assets / current liabilities.
Quick ratio
0.51x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.14x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$14.44
Revenue / diluted weighted shares.
Operating cash flow per share
$8.66
Cash from operations / diluted weighted shares.
Book value per share
$11.02
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
13.7x
Market cap / net income. Only when net income is positive.
P/S
1.58x
Market cap / revenue.
P/B
2.08x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
2.08x
Market cap / tangible book value, when positive.
P/OCF
2.64x
Market cap / cash from operations, when positive.
EV/Sales
1.54x
Enterprise value / revenue.
EV/EBIT
3.75x
Enterprise value / operating income, when both are positive.
EV/EBITDA
2.27x
Enterprise value / EBITDA, when both are positive.
Earnings yield
7.3%
Net income / market cap (the inverse of P/E).
What was INFINITY NATURAL RESOURCES, INC.'s revenue in fiscal 2025?
INFINITY NATURAL RESOURCES, INC. reported revenue of $356.4M for fiscal 2025, 37.6% higher than the year before.
Was INFINITY NATURAL RESOURCES, INC. profitable in fiscal 2025?
Yes. Net income was $13.8M, a net margin of 3.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.