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Centuri Holdings CTRI Bid contracts — Total Revenue

Other product segments

Master services agreements
$534.06M+27.4%

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Other financials

Income statement

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Revenue$723.2M+31.5%
Gross profit$35.8M+75.9%
Operating income-$4.7M+62.7%
Net income-$9.5M+46.9%
EPS (diluted)-$0.09+55.0%

Balance sheet

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Cash & equivalents$61.7M+305%
Total debt$839.9M-5.6%
Total equity$862.1M+60.7%
Total assets$2.3B+16.5%

Cash flow

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Operating cash flow-$35.0M-310%
CapEx$20.2M-16.9%
Free cash flow-$55.3M-619%

Valuation

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Market cap$2.26B+19.2%
Enterprise value$3.03B+10.6%
P/E73.3×
P/S0.7×0.0×

Profitability

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Gross margin8.3%-0.3pp
Operating margin3.2%-0.4pp
Net margin1%
FCF margin-1.6%-5.9pp

Returns & leverage

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Return on equity4.4%
Debt / equity-0.7×
Current ratio1.9×+0.3×

Where this comes from

Reported directly by Centuri Holdings in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Centuri Holdings’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001981599-26-000056
Line itemFiscal Three Months Ended / March 29, 2026Fiscal Three Months Ended / March 30, 2025
Contract Type:
Master services agreements$534,060$419,249
Bid contracts189,114130,832
Total revenue$723,174$550,081
Unit-price contracts$379,041$285,228
Time and materials contracts193,399135,040
Fixed-price contracts150,734129,813
Total revenue$723,174$550,081

Item 1. Financial Statements

FAQ

What is Centuri Holdings's bid contracts — total revenue?
Centuri Holdings (CTRI) reported bid contracts — total revenue of $189.11M in Q1 2026.
How has Centuri Holdings's bid contracts — total revenue changed year-over-year?
Centuri Holdings's bid contracts — total revenue increased by 44.5% year-over-year, from $130.83M to $189.11M.
What is the long-term trend for Centuri Holdings's bid contracts — total revenue?
Over 3 years (2022 to 2025), Centuri Holdings's bid contracts — total revenue has grown at a 16.2% compound annual growth rate (CAGR), from $418.11M to $655.84M.
What does bid contracts — total revenue mean?
This metric represents the total revenue generated from utility infrastructure projects secured through a competitive bidding process. It reflects the company's ability to win and execute project-based contracts for the maintenance, upgrade, and expansion of energy networks. This revenue stream is distinct from recurring master service agreements and highlights the firm's market position in securing large-scale, non-recurring utility infrastructure assignments.

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