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Segments

By segment

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Union Electric$18.23M+54.4%
Non-Union Electric$14.76M-9.4%
Canadian Operations$7.83M

Other financials

Income statement

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Revenue$723.2M+31.5%
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

Calculated from Centuri Holdings’s reported figures.

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
Cost of revenue (including depreciation)665,251509,377
Cost of revenue, related party - former parent (including depreciation)22,16520,376
Total cost of revenue687,416529,753
Gross profit35,75820,328
Selling, general and administrative expenses32,69826,375
Amortization of intangible assets7,8026,666
Operating loss(4,742)(12,713)
Interest expense, net12,43517,862

Item 1. Financial Statements

FAQ

What is Centuri Holdings's gross profit?
Centuri Holdings (CTRI) reported gross profit of $35.76M in Q1 2026.
How has Centuri Holdings's gross profit changed year-over-year?
Centuri Holdings's gross profit increased by 75.9% year-over-year, from $20.33M to $35.76M.
What is the long-term trend for Centuri Holdings's gross profit?
Over 3 years (2022 to 2025), Centuri Holdings's gross profit has grown at a 4.7% compound annual growth rate (CAGR), from $214.61M to $246.57M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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