XPLR Infrastructure Q2 net income falls to $38 million as revenue rises to $363 million
XPLR Infrastructure reported second-quarter 2026 operating revenues of $363 million, up from $342 million a year earlier, but net income attributable to XPLR fell to $38 million from $79 million. Adjusted EBITDA declined to $523 million from $557 million, and the company reaffirmed its 2026 adjusted EBITDA and FCFBG expectations, which matter to unitholders because they show the company is holding its full-year outlook despite the lower quarterly profit.
Key points
- Operating revenues were $363 million for Q2 2026, versus $342 million in Q2 2025.
- Net income attributable to XPLR was $38 million, or $0.40 per common unit, versus $79 million, or $0.84 per unit, a year earlier.
- Adjusted EBITDA was $523 million and free cash flow before growth was $257 million, compared with $557 million and $261 million in Q2 2025.
- For calendar 2026, the company reaffirmed adjusted EBITDA of $1.75 billion to $1.95 billion and FCFBG of $600 million to $700 million.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.