Centuri raises 2026 guidance as second-quarter revenue rises 33% to $962.0 million
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.
Key points
- 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
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
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