MasTec raises 2026 EPS guidance after first-quarter revenue rises 34%
MasTec reported first-quarter 2026 revenue of $3.8 billion, up 34% from a year earlier, and GAAP diluted EPS of $0.77 versus $0.13. The company raised its full-year 2026 diluted EPS guidance to $6.77 and its adjusted diluted EPS guidance to $8.79, and it gave second-quarter 2026 revenue guidance of $4.3 billion.
Key points
- Q1 2026 revenue $3.8 billion, up 34% year over year; adjusted diluted EPS $1.39 versus $0.51
- Record 18-month backlog of $20.3 billion as of March 31, 2026, up $4.4 billion year over year
- Full-year 2026 guidance: diluted EPS $6.77 and adjusted diluted EPS $8.79, both raised
- Q2 2026 guidance: revenue $4.3 billion and adjusted diluted EPS $2.20
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 April 30, 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.