<span item_type="fundamental" item_id="7e571cd161fd96b40e012a7b2917341a" counter_id="ST/US/XIFR" env="prod"></span><span item_type="announcement" item_id="579177697019829250" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 315 M, missing the estimate of USD 369.6 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.4.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 99 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Operating Revenues: $315 million for Q3 2025, compared to $319 million for Q3 2024. For the nine months ended September 30, 2025, revenues were $939 million, compared to $936 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: $37 million attributable to XPLR Infrastructure for Q3 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Adjusted EBITDA: $455 million for Q3 2025, in line with the comparable prior-year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Operating Income (Loss): $5 million for Q3 2025, compared to $49 million for Q3 2024. For the nine months ended September 30, 2025, operating loss was -$137 million, compared to an operating income of $93 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Total Operating Expenses: $308 million for Q3 2025, compared to $284 million for Q3 2024. For the nine months ended September 30, 2025, total operating expenses were $1,085 million, compared to $856 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Free Cash Flow Before Growth (FCFBG): $179 million for Q3 2025, down 5% from the comparable prior-year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Net Cash Provided by Operating Activities: $553 million for the nine months ended September 30, 2025, compared to $517 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Net Cash Provided by Investing Activities: $897 million for the nine months ended September 30, 2025, compared to $1,344 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Net Cash Used in Financing Activities: -$1,003 million for the nine months ended September 30, 2025, compared to -$1,809 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Goodwill Impairment Charge: $253 million for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>Tax Credits: $219 million for Q3 2025, compared to $222 million for Q3 2024. For the nine months ended September 30, 2025, tax credits were $726 million, compared to $765 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>2025 Expectations: Adjusted EBITDA of $1.85 billion to $2.05 billion.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>2026 Expectations: Adjusted EBITDA of $1.75 billion to $1.95 billion and FCFBG to be in the range of $600 million to $700 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li><li>The decline in adjusted EBITDA expectations between 2025 and 2026 is primarily due to the absence of contributions from the Meade pipeline investment, the sale of which closed in September 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1603145/000160314525000053/xplrq32025exhibit99.htm"></span></li></ul>

XPLR Infrastructure LP | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 315 M