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Centuri Holdings CTRI Deferred Revenue

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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$2.41B+34.4%
Enterprise value$3.19B+20.6%
P/E78.2×
P/S0.8×+0.1×

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:ContractWithCustomerLiabilityCurrent.

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 itemMarch 29,2026December 28,2025
Current portion of operating lease liabilities32,60330,345
Accounts payable141,568193,572
Accrued expenses and other current liabilities159,200184,964
Contract liabilities58,42850,510
Total current liabilities428,646496,393
Long-term debt, net of current portion609,160616,871
Line of credit89,67691,201
Finance lease liabilities, net of current portion7,4759,150

Item 1. Financial Statements

FAQ

What is Centuri Holdings's deferred revenue?
Centuri Holdings (CTRI) reported deferred revenue of $58.43M in Q1 2026.
How has Centuri Holdings's deferred revenue changed year-over-year?
Centuri Holdings's deferred revenue increased by 130.4% year-over-year, from $25.36M to $58.43M.
What is the long-term trend for Centuri Holdings's deferred revenue?
Over 3 years (2022 to 2025), Centuri Holdings's deferred revenue has grown at a 12.2% compound annual growth rate (CAGR), from $35.77M to $50.51M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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