Earnings ·
Centuri Holdings reported second quarter 2026 revenue of $962.0 million, a 33% increase year-over-year, driven by…
CTRICenturi Holdings, Inc.
Centuri Holdings reported second quarter 2026 revenue of $962.0 million, a 33% increase year-over-year, driven by strong growth in U.S. Gas and Canadian Operations segments. The company recorded net income of $6.1 million and adjusted EBITDA of $75.7 million. Centuri raised its full year 2026 guidance, targeting base revenue between $3.5 billion and $3.7 billion and adjusted EBITDA between $285 million and $310 million. The company also completed the acquisition of JJ White for approximately $62 million in cash, adding mechanical and electrical construction capabilities. Centuri secured nearly $850 million in new bookings during the quarter, bringing year-to-date bookings to $2.2 billion with a book-to-bill ratio of 1.3x. The company operates in the utility and energy infrastructure services sector.