Operating Income

Gross Profit

MasTec Gross Profit decreased by 6.0% to $477.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 53.6%, from $311.10M to $477.90M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 11.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests improved project margins, better cost control, or more favorable contract pricing, while a decrease may indicate rising input costs, project delays, or pricing pressure.

Detailed definition

Gross profit represents the residual earnings of the company after deducting the direct costs associated with providing...

Peer comparison

Peer infrastructure and construction firms typically report gross margins that fluctuate based on the mix of fixed-price versus cost-plus contracts and the intensity of labor requirements.

Metric ID: gross_profit

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$287.43M$347.00M$250.06M$221.08M$273.68M$325.65M$371.29M$225.17M$389.34M$399.96M$367.71M$307.18M$420.64M$463.15M$436.51M$311.10M$435.54M$537.75M$508.34M$477.90M
QoQ Change+20.7%-27.9%-11.6%+23.8%+19.0%+14.0%-39.4%+72.9%+2.7%-8.1%-16.5%+36.9%+10.1%-5.8%-28.7%+40.0%+23.5%-5.5%-6.0%
YoY Change-4.8%-6.2%+48.5%+1.8%+42.3%+22.8%-1.0%+36.4%+8.0%+15.8%+18.7%+1.3%+3.5%+16.1%+16.5%+53.6%
Range$221.08M$537.75M
CAGR+11.3%
Avg YoY Growth+17.1%
Median YoY Growth+16.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is MasTec's gross profit?
MasTec (MTZ) reported gross profit of $477.90M in Q1 2026.
How has MasTec's gross profit changed year-over-year?
MasTec's gross profit increased by 53.6% year-over-year, from $311.10M to $477.90M.
What is the long-term trend for MasTec's gross profit?
Over 4 years (2021 to 2025), MasTec's gross profit has grown at a 11.8% compound annual growth rate (CAGR), from $1.15B to $1.79B.
What does gross profit mean?
The profit earned from core business operations after subtracting the direct costs of providing services.