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AI brief of an SEC Form 8-K · MasTec (MTZ)

MasTec Reports Third Quarter 2026 Results and Updates Full Year Guidance

Mixed Impact 4 of 5 earnings

MasTec reported record third quarter 2026 revenue of $5.2 billion and Adjusted EBITDA of $486.4 million, driven by strong growth in its Power Delivery segment. The company updated its full-year 2026 financial guidance, reflecting project timing shifts and customer spending deferrals in its Communications segment. Total 18-month backlog reached a record $24.5 billion, supported by recent acquisitions and utility infrastructure demand.

Key points

  • Third quarter 2026 revenue reached a record $5.2 billion, up 30% year-over-year.
  • GAAP net income for the third quarter was $167.7 million, with diluted EPS of $1.89 and adjusted diluted EPS of $2.96.
  • Full year 2026 diluted EPS guidance was updated to a range of $5.69 to $6.01, and adjusted diluted EPS guidance to a range of $8.92 to $9.30.
  • Record 18-month backlog stood at $24.5 billion as of September 30, 2026, an increase of $7.8 billion year-over-year.

The filing

CompanyMasTec (MTZ)
Form8-K, current report
Filed with the SECOct 29, 2026, 4:49 PM ET
Accession number0000015615-26-000127

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Oct 30, 2026, 5:15 PM ET, from this filing only.

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.