MasTec Q2 FY26 GAAP diluted EPS rises 51% to $1.65; revenue increases 23% to $4.4 billion
MTZ•Q2 FY26 results
MasTec posted record revenue of $4.4 billion in 2Q 2026, up 23% year-over-year.
GAAP net income climbed to $145.7 million, up 62%, lifting GAAP diluted EPS to $1.65, up 51%.
Adjusted EBITDA rose to $384.2 million, up 40%, with adjusted EBITDA margin widening 1 percentage point to 8.8%.
Backlog and outlook
18-month backlog increased to a record $21.4 billion, up 30%, led by 58% year-over-year growth in Clean Energy and Infrastructure.
Full-year guidance was lifted to GAAP diluted EPS of $6.20, up 22%, with adjusted diluted EPS raised to $9.30, up 42%.
