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Centuri Holdings CTRI Master services agreements — Total Revenue

Other product segments

Bid contracts
$189.11M+44.5%

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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 master services agreements — total revenue?
Centuri Holdings (CTRI) reported master services agreements — total revenue of $534.06M in Q1 2026.
How has Centuri Holdings's master services agreements — total revenue changed year-over-year?
Centuri Holdings's master services agreements — total revenue increased by 27.4% year-over-year, from $419.25M to $534.06M.
What is the long-term trend for Centuri Holdings's master services agreements — total revenue?
Over 3 years (2022 to 2025), Centuri Holdings's master services agreements — total revenue has grown at a -0.2% compound annual growth rate (CAGR), from $2.34B to $2.33B.
What does master services agreements — total revenue mean?
This metric represents the total revenue generated from utility infrastructure services provided under long-term master services agreements. These contracts typically involve recurring maintenance, upgrades, and expansion projects for regulated electric and natural gas utility networks. It serves as a key indicator of the company's ability to secure stable, multi-year partnerships with utility providers to support critical energy infrastructure.

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