14 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.3% per year over the past 5 years.
Operating margin has contracted, at -15.7% in the latest year.
Financial health
Total debt ($6.2B) exceeds cash ($960M); net debt is $5.2B.
Total debt has grown faster than revenue (12.9% vs 5.3% per year).
The company is unprofitable; at its current free-cash-flow burn it has roughly 4.4 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.2B
-$28M
0.0%
-15.7%
-$219M
$6.2B
$960M
2024
$1.2B
-$23M
0.0%
-37.3%
$559M
$5.3B
$283M
2023
$1.1B
$200M
0.0%
-2.6%
-$538M
$6.3B
$274M
2022
$969M
$477M
0.0%
4.5%
-$575M
$5.3B
$226M
2021
$722M
$137M
0.0%
8.9%
$564M
$5.3B
$147M
2020
$917M
-$55M
0.0%
27.6%
$331M
$3.4B
$108M
2019
$855M
-$88M
0.0%
27.3%
$253M
$4.1B
$128M
2018
$771M
$167M
0.0%
57.5%
$337M
$3.4B
$147M
2017
$807M
-$64M
0.0%
38.7%
$64M
$4.3B
$154M
2016
$772M
$83M
0.0%
39.1%
—
$3.6B
$150M
2015
—
$10M
—
—
—
$3.4B
$165M
2014
—
$3M
—
—
—
$1.9B
$111M
2013
—
$20M
—
—
—
$1.9B
$32M
2012
—
$16M
—
—
—
—
$25M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$275M
$33M
0.0%
-6.2%
-$30M
$6.3B
$943M
Dec '25
$249M
$28M
0.0%
-19.7%
-$88M
$6.2B
$960M
Sep '25
$315M
-$37M
0.0%
1.6%
-$283M
$5.9B
$711M
Jun '25
$342M
$79M
0.0%
26.3%
$151M
$6.6B
$880M
Mar '25
$282M
-$98M
0.0%
-82.6%
$1M
$6.5B
$1.5B
Dec '24
$294M
-$114M
0.0%
-187.8%
$231M
$5.3B
$283M
Sep '24
$319M
-$40M
0.0%
15.4%
$152M
$5.2B
$290M
Jun '24
$360M
$62M
0.0%
18.3%
$162M
$5.8B
$281M
Mar '24
$257M
$70M
0.0%
-8.2%
$14M
$6.3B
$245M
Dec '23
$231M
$112M
0.0%
-22.5%
-$26M
$6.3B
$274M
Sep '23
$308M
$53M
0.0%
10.4%
-$1M
$6.5B
$332M
Jun '23
$293M
$49M
0.0%
8.9%
-$192M
$6.5B
$587M
Mar '23
$245M
-$14M
0.0%
-14.3%
-$319M
$5.3B
$238M
Dec '22
$24M
$34M
0.0%
-716.7%
-$228M
$5.3B
$226M
Sep '22
$302M
$79M
0.0%
16.2%
-$7M
$4.8B
$225M
Jun '22
$362M
$219M
0.0%
36.7%
$7M
$5.3B
$256M
Mar '22
$281M
$144M
0.0%
12.1%
-$347M
$5.4B
$168M
Dec '21
$231M
-$9M
0.0%
9.5%
$154M
$5.3B
$147M
Sep '21
$252M
$18M
0.0%
25.4%
$166M
$4.0B
$133M
Jun '21
$253M
-$74M
0.0%
27.7%
$185M
$4.0B
$113M
Valuation over time
How the market has priced XIFR against its own fundamentals since 2025-02 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 0.7× (Feb '25) to 0.9× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is XIFR growing its revenue and profit?
Over the past 5 years, Xplr Infrastructure, Lp's revenue has grown 5.3% per year. These are computed facts, not advice.
How much debt does XIFR have?
As of FY2025, Xplr Infrastructure, Lp reported $6.2B of total debt against $960M of cash.
What is XIFR's profit margin?
In FY2025, gross margin was —, operating margin -15.7%, and net margin -2.4%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.