The financials
Centuri Holdings, Inc. by the numbers
Centuri Holdings, Inc. (CTRI) reported revenue of $723M in Q1 2026 (quarter ended March 29, 2026), up 31% from the same quarter a year earlier. That came with a gross margin of 4.9% and net loss of $9.5M. For the full year FY2025, revenue was $2.98B (+13% year on year) and net income $22M. Its largest segment in 2026-Q1 was U.S.Gas at $284M, 39% of the disclosed total, just ahead of Union Electric at 28%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $723M | $550M | +31% |
| Gross profit | $36M | $20M | +76% |
| Operating income | −$4.7M | −$13M | n/a |
| Net income | −$9.5M | −$18M | n/a |
| Diluted EPS | −$0.09 | −$0.20 | n/a |
| Operating | Revenue | Share |
|---|---|---|
| U.S.Gas | $284M | 39% |
| Union Electric | $204M | 28% |
| Non Union Electric | $175M | 24% |
| Canadian Operations | $60M | 8.3% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $723.2M (-15%)
Canadian Operations grew +51% year on yearUnion Electric +16% year on year
Segment Latestquarter on quarteryear on year
- U.S.Gas$284.5M$284.5MQoQ -31%year on year +44%-31%+44%
- Union Electric$204.1M$204.1MQoQ -4.9%year on year +16%-4.9%+16%
- Non Union Electric$174.6M$174.6MQoQ +17%year on year +27%+17%+27%
- Canadian Operations$60.0M$60.0MQoQ -year on year +51%-+51%
- Canadian Gas--QoQ -year on year ---
Utilities - Regulated Gas
Ranks #5 of 13 by Smart Score