The financials
Tutor Perini Corporation by the numbers
Tutor Perini Corporation (TPC) reported revenue of $1.39B in Q1 2026 (quarter ended March 31, 2026), up 11% from the same quarter a year earlier. That came with a gross margin of 11% and net income of $26M (1.8% of revenue). For the full year FY2025, revenue was $5.54B (+28% year on year) and net income $80M. Its largest product in 2026-Q2 was Mass Transit at $476M, 38% of the disclosed total, just ahead of Healthcare Facilities at 24%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.39B | $1.25B | +11% |
| Gross profit | $155M | $134M | +15% |
| Operating income | $59M | $65M | −9.4% |
| Net income | $26M | $28M | −8.2% |
| Diluted EPS | $0.48 | $0.53 | −9.4% |
| Product | Revenue | Share |
|---|---|---|
| Mass Transit | $476M | 38% |
| Healthcare Facilities | $295M | 24% |
| Bridges | $109M | 8.8% |
| Military Facilities | $101M | 8.1% |
| Other | $57M | 4.6% |
| Government1 | $45M | 3.6% |
| Detention Facilities | $40M | 3.2% |
| Commercial And Industrial Facilities | $38M | 3.1% |
| Power And Energy | $32M | 2.6% |
| Education Facilities | $29M | 2.3% |
| Multi Unit Residential | $22M | 1.8% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.25B (+18%)
Other grew +82% year on yearGovernment1 -29% year on year
Segment Latestquarter on quarteryear on year
- Mass Transit$476.4M$476.4MQoQ +5.9%year on year +13%+5.9%+13%
- Healthcare Facilities$295.5M$295.5MQoQ +20%year on year +27%+20%+27%
- Bridges$109.5M$109.5MQoQ +78%year on year +5.2%+78%+5.2%
- Military Facilities$101.3M$101.3MQoQ +23%year on year -0.27%+23%-0.27%
- Other$56.7M$56.7MQoQ +35%year on year +82%+35%+82%
- Government1$44.8M$44.8MQoQ +36%year on year -29%+36%-29%
- Detention Facilities$40.1M$40.1MQoQ +37%year on year +3.6%+37%+3.6%
- Commercial And Industrial Facilities$38.1M$38.1MQoQ +35%year on year +14%+35%+14%
- Power And Energy$32.2M$32.2MQoQ -2.8%year on year -15%-2.8%-15%
- Education Facilities$28.8M$28.8MQoQ +11%year on year -22%+11%-22%
- Multi Unit Residential$22.4M$22.4MQoQ -17%year on year -2.3%-17%-2.3%
- Commercial And Industrial Sites--QoQ -year on year ---
- Government Contract--QoQ -year on year ---
- Water--QoQ -year on year ---
Engineering & Construction
Ranks #21 of 27 by Smart Score