Centuri Holdings, Inc. income statement
In fiscal 2025, Centuri Holdings, Inc. reported revenue of $2.98bn, up 13.1% on the year before, operating income of $92.8m (a 3.1% margin) and net income of $22.4m, or $0.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Jan 2023 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 2,760 | 2,899 | 2,637 | 2,983 | 3,394 |
| Cost of revenue | 2,546 | 2,626 | 2,417 | 2,736 | 3,130 |
| Gross profit | 215 | 273 | 221 | 247 | 263 |
| Selling, general and administrative | 109 | 110 | 107 | 126 | 141 |
| Operating income | −101 | −78 | 87 | 93 | 93 |
| Income before tax | −164 | −175 | −3 | 15 | 26 |
| Income tax | 1 | 10 | 3 | −8 | −3 |
| Net income | −168 | −186 | −7 | 22 | 29 |
| Diluted EPS | −$2.35 | −$2.60 | −$0.08 | $0.25 | $0.30 |
| Diluted shares (average) | 72m | 72m | 83m | 90m | 97m |
| EBITDA | 24 | 41 | 195 | 204 | 204 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 720 | 717 | 550 | 724 | 850 | 859 | 723 | 962 |
| Cost of revenue | 644 | 646 | 530 | 656 | 772 | 778 | 687 | 893 |
| Gross profit | 76 | 71 | 20 | 68 | 78 | 80 | 36 | 69 |
| Selling, general and administrative | 27 | 31 | 26 | 29 | 35 | 36 | 33 | 37 |
| Operating income | 42 | 34 | −13 | 32 | 36 | 37 | −5 | 24 |
| Income before tax | 18 | 13 | −31 | 14 | 10 | 21 | −17 | 12 |
| Income tax | 22 | 3 | −13 | 6 | 8 | −9 | −8 | 6 |
| Net income | −4 | 10 | −18 | 8 | 2 | 30 | −10 | 6 |
| Diluted EPS | −$0.04 | $0.13 | −$0.20 | $0.09 | $0.02 | $0.34 | −$0.09 | $0.06 |
| EBITDA | 68 | 60 | 15 | 60 | 64 | 66 | 23 | 52 |
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