Every material Form 8-K Centuri Holdings, Inc. has filed with the SEC since August 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Centuri reported third-quarter 2026 results for the period ended September 27, 2026, with revenue up 40% to $1.2 billion and net income of $26.9 million, compared with $2.1 million a year earlier. The company updated its full-year 2026 guidance and gave preliminary 2027 targets of mid-teens revenue growth and an 8.5% to 9.0% gross profit margin. The filing does not say how the updated 2026 guidance compares with the company's prior guidance.
Third-quarter revenue was $1.2 billion, up 40% from $850.0 million, and diluted EPS was $0.27 versus $0.02 a year earlier.
Gross profit margin was 9.5%, up from 9.2%, and Adjusted EBITDA was $108.0 million, up 44%.
Full-year 2026 guidance: revenue of $3.8 to $3.9 billion and Adjusted EBITDA of $290 to $300 million, assuming no storm restoration contribution in Q4.
Net debt to Adjusted EBITDA was 2.6x as of September 27, 2026, down from 3.8x a year earlier.
Centuri Holdings appointed Kelly Youngblood as Executive Vice President and Chief Financial Officer, replacing Gregory A. Izenstark, and Danielle Hunter as Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, replacing Jason S. Wilcock, both effective August 12, 2026. The filing says the company expects to provide the departing officers with severance under their existing employment agreements, and it discloses Youngblood's pay package, which includes a $680,000 base salary.
Kelly Youngblood, CFO: base salary of $680,000, target annual bonus of 85% of base salary, and a restricted stock unit grant valued at $2,030,000
Youngblood severance if terminated without cause: lump sum of two times annual base salary, plus 24 months of subsidized COBRA premiums, outside a 24-month post-change-in-control window
Gregory A. Izenstark and Jason S. Wilcock are expected to sign severance agreements, each with a seven-day revocation period; the filing does not state the severance amounts
Centuri issued a press release on August 12, 2026 announcing the appointments (Exhibit 99.1)
Centuri Holdings reported second-quarter 2026 revenue of $962.0 million, up 33% from a year earlier, and raised its full-year 2026 guidance, which includes expected contributions from the JJ White acquisition completed July 20, 2026. Net income attributable to common stock fell to $6.1 million from $8.1 million, and base gross profit margin declined to 7.9% from 8.9%, which the company linked mainly to higher fuel costs and labor mobilization. For shareholders, sales growth and a higher outlook stand against lower GAAP profit in the quarter.
Q2 2026 revenue was $962.0 million, up 33%, and diluted EPS was $0.06 versus $0.09 a year earlier
Full-year 2026 revenue guidance is $3.59 to $3.79 billion and Adjusted EBITDA guidance is $285 to $310 million
Base gross profit margin fell to 7.9% from 8.9%, which the company attributed to fuel costs and labor mobilization
A City of Chicago revenue reversal reduced second-quarter U.S. Gas revenue by $9.0 million
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