Centuri FY26 Q2 adjusted net income climbs 44% to $24.4 million; revenue rises 33% to $962 million - CTRI News | RalliesCenturi FY26 Q2 adjusted net income climbs 44% to $24.4 million; revenue rises 33% to $962 million
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CTRI• Q2 revenue and profit metrics
- Centuri Q2 2026 revenue rose 33% to $962 million; net income attributable to common stock fell to $6.1 million from $8.1 million.
- GAAP gross profit edged up 2% to $69.1 million; GAAP gross margin narrowed to 7.2% from 9.4% a year earlier.
- Non-GAAP adjusted EBITDA increased 5% to $75.7 million; non-GAAP adjusted net income climbed 44% to $24.4 million.
Bookings, backlog, guidance and acquisition
- Bookings totaled nearly $850 million, lifting year-to-date bookings to $2.2 billion; backlog rose to about $6.4 billion.
- Raised full-year 2026 guidance to revenue of $3.59-$3.79 billion; closed JJ White acquisition for about $62 million.
