Class A Common Stock, $0.0001 Par Value
- Symbol
- CDNL
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 7.01, 9.01 · 8-K
CDNLNASDAQEQUITYCurrent
Item 2.02 Results of Operations and Financial Condition. On November 12, 2026, the Company issued a press release announcing its financial results of operations for the quarter ended September 30, 2026, and other related information. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Press release in this filing
Cardinal Infrastructure Group Inc. Reports Third Quarter 2026 Results →Cardinal NC was founded in 2013 by Jeremy Spivey, our Chief Executive Officer, in Raleigh, North Carolina. We originated as a niche provider of wet utilities installation and have, over time, both organically and through acquisitions, added capabilities, including grading, site clearing, erosion control, drilling and blasting, paving, and related site services, to become a full-service, end-to-end provider of turnkey infrastructure services.
Cardinal Infrastructure Group Inc. · 8-K · Filed 2026-11-12
Exhibit 99.1 Cardinal Infrastructure Group Inc. Reports Third Quarter 2026 Results Company reports strong revenue growth and outlines actions to strengthen execution and profitability Raleigh, NC - November 12, 2026 - Cardinal Infrastructure Group Inc. (NASDAQ: CDNL) ("Cardinal" or the "Company"), today announced the Company’s third quarter and year-to-date 2026 financial results. "Revenue grew 65.1% this quarter to $201.9 million, but our third-quarter Adjusted EBITDA margin fell to 4.2%, well below our expectations," said Jeremy Spivey, Chairman and Chief Executive Officer. "The decline primarily reflected project estimate revisions, residential pricing pressure, lower initial bid margins on certain commercial and industrial work, and higher fuel and transportation costs. These results are not acceptable, and they make clear that we need to strengthen how we estimate, manage and execute projects across Cardinal." "As a second-generation operator with more than 30 years of experience in this industry, I know what strong project execution requires, and I recognize when we need to raise our standard. We are taking several actions to do just that. Benji Wood, our Chief Operating…
Open exhibit ↗