Infinity Natural Resources, Inc. (INR) Financial Statements
$14.34NYSE: INRMarket Cap $267.33M
Infinity Natural Resources, Inc. most recently reported annual revenue of $356.0M, net profit of $24.0M. Revenue grew at an average annual rate of 35.5% over the last 3 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Infinity Natural Resources, Inc.: Revenue rose from $143.0M in 2022 to $356.0M in 2025, a change of +149.0% over 3 years; net profit was positive in all 4 reported years; operating margin moved from 66.7% to 3.3%, a shift of -63.3 percentage points; the most recent year shows net profit of $24.0M.
Income Statement — 4 Years (USD millions)
Metric
2022
2023
2024
2025
Revenue
$143.0M
$162.0M
$259.0M
$356.0M
Operating Expenses
$48.0M
$109.0M
$165.0M
$345.0M
Operating Profit
$95.0M
$53.0M
$94.0M
$12.0M
Operating Margin
66.7%
32.6%
36.2%
3.3%
Other Income
$-27.0M
$34.0M
$-44.0M
$47.0M
Interest
$3.0M
$12.0M
$22.0M
$10.0M
Depreciation
$18.0M
$54.0M
$74.0M
$104.0M
Profit Before Tax
$68.0M
$87.0M
$49.0M
$59.0M
Tax
$0
$0
$0
$-8.2M
Net Profit
$68.0M
$87.0M
$49.0M
$24.0M
EPS
$1.15
$1.47
$3.72
$0.82
Dividend Payout
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
2 duplicate period labels in the source data were collapsed.
Metric
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$29.0M
$72.0M
$50.0M
$70.0M
$69.0M
$69.0M
$85.0M
$74.0M
$80.0M
$117.0M
$155.0M
$171.0M
Operating Expenses
$24.0M
$47.0M
$36.0M
$42.0M
$46.0M
$41.0M
$173.0M
$53.0M
$56.0M
$63.0M
$90.0M
$101.0M
Operating Profit
$5.0M
$25.0M
$14.0M
$28.0M
$23.0M
$28.0M
$-88.0M
$22.0M
$24.0M
$54.0M
$65.0M
$71.0M
Operating Margin
17.4%
34.9%
28.8%
39.9%
33.1%
40.9%
-103.3%
29.1%
30.0%
46.4%
42.2%
41.2%
Interest
$4.0M
$5.0M
$5.0M
$4.0M
$7.0M
$21.0M
$3.0M
$1.0M
$2.0M
$3.0M
$6.0M
$15.0M
Profit Before Tax
$-16.0M
$60.0M
$-14.0M
$24.0M
$45.0M
$-22.0M
$-128.0M
$71.0M
$37.0M
$79.0M
$-7.0M
$113.0M
Tax
$0
$0
$0
$0
$0
$16.5M
$-30,000
$-820,000
$-9.2M
$-1.2M
$5.2M
$4.8M
Net Profit
$-16.0M
$60.0M
$-14.0M
$24.0M
$45.0M
$34.0M
$-25.0M
$18.0M
$10.0M
$21.0M
$-2.0M
$32.0M
EPS
$-0.27
$1.02
$-1.06
$1.82
$3.38
$2.58
$-2.27
$1.18
$0.65
$1.23
$-0.28
$0.70
Over the 4 years reported for Infinity Natural Resources, Inc., borrowings increased from $59.0M in 2022 to $152.0M in 2025, cash stood at $3.0M in the latest year, shareholders' equity was $1.0M, current assets covered current liabilities 1.56 times.
Balance Sheet — 4 Years (USD millions)
Metric
2022
2023
2024
2025
Total Assets
$267.0M
$689.0M
$915.0M
$1.2B
Current Assets
$29.0M
$70.0M
$86.0M
$161.0M
Cash
$1.0M
$2.0M
$2.0M
$3.0M
Inventory
$0
$0
$0
$0
Receivables
$22.0M
$44.0M
$72.0M
$68.0M
Fixed Assets
$234.0M
$607.0M
$821.0M
$1.1B
Capital Work in Progress
$0
$0
$0
$0
Investments
$0
$0
$0
$0
Other Assets
$0
$0
$0
$0
Total Liabilities
$117.0M
$230.0M
$407.0M
$263.0M
Current Liabilities
$57.0M
$57.0M
$133.0M
$103.0M
Borrowings
$59.0M
$172.0M
$261.0M
$152.0M
Other Liabilities
$58.0M
$58.0M
$146.0M
$111.0M
Equity
$150.0M
$458.0M
$508.0M
$1.0M
Reserves
$150.0M
$458.0M
$508.0M
$307.0M
For Infinity Natural Resources, Inc., operating cash flow was positive in 4 of 4 reported years; free cash flow in the latest year was negative at $168.0M; free cash flow was positive in 0 of 4 years; financing activities used $9.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 4 Years (USD millions)
Metric
2022
2023
2024
2025
Operating Cash Flow
$65.0M
$106.0M
$178.0M
$262.0M
Investing Cash Flow
$-191.0M
$-873.0M
$-512.0M
$-860.0M
Financing Cash Flow
$-1.0M
$-4.0M
$-10.0M
$-9.0M
Net Cash Flow
$-2.0M
$1.0M
$1.0M
$1.0M
Free Cash Flow
$-31.0M
$-330.0M
$-78.0M
$-168.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
-0.12
EV / EBITDA
1.96
FCF Yield
-323.87%
Quick Ratio
0.87
Interest Coverage
8.31
Return 1Y
-5.54%
Return 3Y
—
Return 5Y
—
Infinity Natural Resources, Inc. (INR) financials — frequently asked questions
What is Infinity Natural Resources, Inc.'s annual revenue?
Infinity Natural Resources, Inc. (INR) reported annual revenue of $356.0M in its most recent fiscal year.
What is Infinity Natural Resources, Inc.'s net profit?
Infinity Natural Resources, Inc. (INR) reported net profit of $24.0M in its most recent fiscal year.
What is INR EV/EBITDA?
Infinity Natural Resources, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is 1.96.