Centuri Holdings, Inc. — Third Quarter 2026 Earnings Summary

Centuri Holdings, Inc. reported record third-quarter 2026 revenue of $1.2 billion, representing a 40% increase year-over-year, alongside a record gross profit of $113.4 million. The company achieved a gross profit margin of 9.5% and reported net income of $26.9 million, with adjusted net income rising 155% to $42.5 million. Centuri expanded its opportunity pipeline to a record $19 billion and secured approximately $730 million in new bookings during the quarter. Looking ahead, the company provided preliminary 2027 targets projecting mid-teens revenue growth and a gross profit margin between 8.5% and 9.0%.