AI brief of an SEC Form 8-K · Centuri Holdings, Inc. (CTRI)

Centuri reports record Q3 revenue of $1.2 billion, up 40%, and higher profit

Positive Impact 4 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyCenturi Holdings, Inc. (CTRI)
Form8-K, current report
Filed with the SECNov 5, 2026, 8:15 AM ET
Accession number0001981599-26-000135

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 November 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.