MasTec Q3 revenue rises 22% to $4.0 billion; diluted EPS $2.04 vs. $1.21
MasTec reported third quarter 2025 revenue of $4.0 billion, a quarterly record, and diluted EPS of $2.04, up from $1.21 a year earlier. The company also issued full-year 2025 guidance of $4.80 diluted EPS and $6.40 adjusted diluted EPS, with a net debt of $2.1 billion at quarter end, which shareholders will weigh against lower cash flow and a slight margin decline.
Key points
- Q3 revenue $3,967 million, up 22.0% year over year, with double-digit growth in all segments
- Q3 GAAP net income $166.5 million and Adjusted EBITDA $373.5 million, up 58% and 20% year over year
- Q3 free cash flow $36 million vs. $252 million a year earlier; Adjusted EBITDA margin 9.4% vs. 9.5%
- FY 2025 guidance: revenue $14,075 million, GAAP diluted EPS $4.80, adjusted diluted EPS $6.40
The filing
Written by AI on Nov 8, 2026, 1:12 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 October 30, 2025.
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.