Centuri Holdings, Inc. 8K

Centuri Holdings, Inc. reported strong second-quarter 2026 results, completed the JJ White acquisition, and raised full-year 2026 financial guidance while recording a legacy City of Chicago receivable write-down and updating leverage metrics.

On August 4, 2026, Centuri Holdings, Inc. reported its financial and operating results for the fiscal quarter ended June 28, 2026, highlighting record quarterly revenue of $962.0 million (up 33% year-over-year), increased adjusted profitability metrics, strong bookings and backlog growth, and an expanded $16 billion opportunity pipeline, while also disclosing a $9.0 million write-down related to legacy City of Chicago receivables and the completion of the July 20, 2026 acquisition of JJ White, Inc. for approximately $62 million, which is expected to be immediately accretive and to contribute over $20 million of annual gross profit. The company also raised its full-year 2026 guidance to revenue of $3.59–$3.79 billion, base revenue of $3.5–$3.7 billion, adjusted EBITDA of $285–$310 million, and adjusted net income of $60–$75 million, incorporating expected contributions from JJ White and higher fuel costs, and provided updated leverage metrics showing net debt to adjusted EBITDA at 2.6x as of June 28, 2026.

Filing Facts

CIK

1981599

Ticker

-

Form

8K

Source Type

sec

Accession

0001981599-26-000088

Alert Tier

7