XPLR Infrastructure, LP
Business
XPLR Infrastructure, LP owns a partial interest in a clean energy infrastructure portfolio of approximately 10 gigawatts across 28 U.S. states. The portfolio comprises wind, solar, and battery storage projects that sell output primarily under long-term, fixed-price power purchase agreements to utility and wholesale customers. XPLR invests retained cash into repowering existing assets, acquiring clean energy project interests, and maintaining financial flexibility.
Summary from 10-K filed 2026-02-17
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues | 1,188 | 1,230 | 1,078 | 969 | 722 | |
| Operations and maintenance(b) | 498 | 504 | 520 | 527 | 374 | |
| Depreciation and amortization | 564 | 550 | 521 | 394 | 251 | |
| Goodwill impairment charge | 253 | 575 | 0 | 0 | — | |
| Taxes other than income taxes and other net | 68 | 73 | 65 | 40 | 28 | |
| Total operating expenses net | 1,383 | 1,702 | 1,106 | 961 | 653 | |
| GAINS ON DISPOSAL OF BUSINESSES/ASSETS NET | 9 | 13 | 0 | 36 | −5 | |
| OPERATING LOSS | −186 | −459 | −28 | 44 | 64 | |
| Interest expense | −437 | −145 | −345 | 848 | 50 | |
| Equity in earnings of equity method investees | 127 | 85 | 81 | 177 | 158 | |
| Equity in earnings (losses) of non-economic ownership interests | −3 | 18 | 4 | 56 | 27 | |
| Other net | 22 | 47 | 9 | 5 | 4 | |
| Total other income (deductions) net | −291 | 5 | −251 | 1,086 | 239 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | −477 | −454 | −279 | 1,130 | 303 | |
| INCOME TAX BENEFIT | −78 | −42 | −25 | 161 | 37 | |
| LOSS FROM CONTINUING OPERATIONS | −399 | −412 | −254 | 969 | 266 | |
| Loss from discontinued operations | −37 | 1 | 472 | 152 | 158 | |
| NET INCOME (LOSS) | −436 | −411 | 218 | 1,121 | 424 | |
| Net Income (Loss) Attributable to Noncontrolling Interest | 408 | 388 | −18 | −644 | −287 | |
| NET INCOME (LOSS) ATTRIBUTABLE TO XPLR | −28 | −23 | 200 | 477 | 137 | |
| Continuing operation, basic(in usd per share) | −0.07 | −0.13 | 0.35 | 5.24 | 1.34 | |
| Discontinued operations, basic (in usd per share) | −0.23 | −0.12 | 1.83 | 0.38 | 0.43 | |
| Earnings (loss) per common unit attributable to XPLR Infrastructure, LP - assuming dilution (usd per share) | −0.3 | −0.25 | 2.18 | 5.62 | 1.77 | |
| Earnings Per Share, Basic, Assuming Dilution | −0.07 | −0.13 | 0.35 | 5.24 | — | |
| Earnings Per Share, Basic, Assuming Dilution, Discontinued Operations | −0.23 | −0.12 | 1.83 | 0.38 | — | |
| Earnings Per Share, Assuming Dilution | −0.3 | −0.25 | 2.18 | 5.62 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 960 | 283 | 274 | 226 | 147 | |
| Accounts receivable | 102 | 105 | 114 | 117 | 112 | |
| Other receivables | 93 | 86 | 64 | 41 | 24 | |
| Inventory | 103 | 108 | 82 | 49 | 41 | |
| Other Assets, Current | 121 | 130 | 107 | 207 | 25 | |
| Total current assets | 1,422 | 860 | 2,216 | 1,862 | 1,410 | |
| Property, plant and equipment net | 15,366 | 14,555 | 14,837 | 14,191 | 11,417 | |
| Goodwill | 0 | 253 | 833 | 812 | 891 | |
| Investments in equity method investees | 625 | 631 | 617 | 1,875 | 1,896 | |
| Assets held for sale | 0 | 1,153 | 1,236 | 1,408 | — | |
| Other | 534 | 1,023 | 785 | 894 | 265 | |
| Total other assets | 18,173 | 19,432 | 20,295 | 21,190 | 17,566 | |
| TOTAL ASSETS | 19,595 | 20,292 | 22,511 | 23,052 | 18,976 | |
| Accounts payable and accrued expenses | 58 | 65 | 72 | 867 | 982 | |
| Current portion of long-term debt | 762 | 705 | 1,348 | 38 | 33 | |
| Accrued interest | 103 | 46 | 38 | 28 | 26 | |
| Accrued property taxes | 29 | 32 | 43 | 23 | 25 | |
| Other | 118 | 80 | 83 | 262 | 65 | |
| Total current liabilities | 1,568 | 1,087 | 1,671 | 1,326 | 1,261 | |
| Long-term debt | 5,440 | 4,609 | 4,941 | 5,250 | 5,294 | |
| Asset retirement obligations | 373 | 366 | 331 | 299 | 243 | |
| Other | 188 | 200 | 248 | 195 | 204 | |
| Total other liabilities and deferred credits | 7,128 | 6,339 | 6,783 | 6,954 | 6,556 | |
| TOTAL LIABILITIES | 8,696 | 7,426 | 8,454 | 8,280 | 7,817 | |
| COMMITMENTS AND CONTINGENCIES | — | — | — | — | — | |
| Common units (94.0 and 93.5 units issued and outstanding, respectively) | 3,195 | 3,221 | 3,576 | 3,332 | 2,985 | |
| Accumulated other comprehensive loss | −5 | −6 | −7 | −7 | −8 | |
| Noncontrolling interests | 7,709 | 9,651 | 10,488 | 11,346 | 7,861 | |
| TOTAL EQUITY | 10,899 | 12,866 | 14,057 | 14,671 | 10,838 | |
| TOTAL LIABILITIES AND EQUITY | 19,595 | 20,292 | 22,511 | 23,052 | 18,976 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 564 | 550 | 553 | 430 | 288 | |
| Intangible amortization PPAs | 83 | 82 | 82 | 143 | 117 | |
| Change in value of derivative contracts | 185 | −91 | 284 | −1,034 | −189 | |
| Deferred income taxes | −42 | 1 | 34 | 171 | 46 | |
| Equity in earnings of equity method investees, net of distributions received | 29 | 73 | 32 | 3 | 21 | |
| Equity in earnings (losses) of non-economic ownership interests, net of distributions received | 16 | 3 | −4 | −50 | −21 | |
| Gains on disposal of businesses/assets net | −9 | −13 | −375 | −36 | 5 | |
| Other net | 32 | 17 | 20 | 10 | 11 | |
| Current assets | 7 | −17 | −34 | −43 | — | |
| Noncurrent assets | 1 | −13 | −81 | −2 | −7 | |
| Current liabilities | 26 | 45 | −14 | 63 | −10 | |
| Noncurrent liabilities | 30 | −1 | 16 | 0 | −2 | |
| Net cash provided by operating activities | 739 | 800 | 731 | 776 | 677 | |
| Acquisitions of membership interests in subsidiaries net | 0 | 0 | −661 | −989 | −2,352 | |
| Capital expenditures and other investments | −958 | −241 | −1,269 | −1,351 | −113 | |
| Proceeds from sale of a business | 0 | 0 | 1,885 | 204 | 0 | |
| Proceeds from sale of equity method investments | 1,139 | 0 | 0 | — | — | |
| Payments from (to) related parties under CSCS agreement net | 116 | 1,384 | −1,213 | −240 | −47 | |
| Distributions from non-economic ownership interests | 309 | 0 | 0 | 0 | 90 | |
| Reimbursements from related parties for capital expenditures | 0 | 66 | 1,063 | 1,161 | 15 | |
| Other net | 24 | 27 | 1 | 6 | 30 | |
| Net cash provided by (used in) investing activities | 630 | 1,236 | −194 | −1,194 | −2,301 | |
| Proceeds from issuance of common units net | 4 | 3 | 315 | 147 | — | |
| Issuances of long-term debt, including premiums and discounts | 3,448 | 354 | 2,362 | 1,505 | 2,880 | |
| Retirements of long-term debt | −2,503 | −1,345 | −1,523 | −1,544 | −1,159 | |
| Debt issuance costs | −73 | −2 | −12 | −17 | −12 | |
| Partner contributions | 50 | 63 | 0 | 2 | 2 | |
| Partner distributions | −421 | −816 | −741 | −636 | −619 | |
| Proceeds on sale of Class B noncontrolling interests net | 0 | 0 | 177 | 1,115 | 893 | |
| Payments to Class B noncontrolling interest investors | −86 | −92 | −146 | −163 | −80 | |
| Buyout of Class B noncontrolling interest investors | −1,150 | −254 | −972 | 0 | −265 | |
| Proceeds on sale of differential membership interests | 0 | 0 | 92 | 101 | 48 | |
| Proceeds from differential membership investors | 178 | 173 | 153 | 137 | 74 | |
| Payments to differential membership investors | −34 | −59 | −38 | −36 | −35 | |
| Buyout of differential membership investors | −75 | −16 | −187 | — | — | |
| Other net | −12 | −11 | −7 | −11 | −13 | |
| Net cash used in financing activities | −674 | −2,002 | −527 | 551 | 1,663 | |
| NET INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH | 695 | 34 | 10 | 133 | 39 | |
| Cash paid for interest, net of amounts capitalized | 167 | 193 | 250 | 154 | 126 | |
| Cash received for income taxes net | 45 | 47 | 1 | 0 | 2 | |
| Change in noncash investments in non-economic ownership interests net | 0 | 216 | −9 | −1 | 127 | |
| Accrued property additions | 495 | 72 | 77 | 846 | 971 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is XPLR Infrastructure, LP's CIK number?
XPLR Infrastructure, LP's SEC CIK number is 0001603145 (1603145). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find XPLR Infrastructure, LP's SEC filings?
All of XPLR Infrastructure, LP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did XPLR Infrastructure, LP last report earnings?
XPLR Infrastructure, LP (XIFR) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001603145-26-000015). This is XPLR Infrastructure, LP's most recent earnings filing of record — not a forecast of its next earnings date.
What is XPLR Infrastructure, LP's most recent earnings 8-K?
XPLR Infrastructure, LP's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001603145-26-000015. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View XPLR Infrastructure, LP's latest earnings 8-K →
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