Centuri Holdings Inc (CTRI) financial statements: income statement, balance sheet and cash flow
Centuri Holdings Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 28, 2025 · FY), Centuri Holdings Inc reported revenue of $3.0B (+13.1% year on year) and net income of $22.6M (+432.0% year on year).
Income statement
Centuri Holdings Inc income statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Total revenue, net
$3.0B
$2.6B
Total cost of revenue
$2.7B
$2.4B
Gross profit
$246.6M
$220.7M
Selling, general and administrative expenses
$126.5M
$107.2M
Amortization of intangible assets
$27.3M
$26.6M
Goodwill impairment
$0
$0
Operating income (loss)
$92.8M
$86.8M
Interest expense, net
$78.4M
$90.5M
Other income, net
($194.0K)
($376.0K)
Income (loss) before income taxes
$14.6M
($3.4M)
Income tax (benefit) expense
($8.1M)
$3.5M
Net income (loss)
$22.6M
($6.8M)
Net income (loss) attributable to noncontrolling interests
$255.0K
($98.0K)
Net income (loss) attributable to common stock
$22.4M
($6.7M)
Basic (in USD per share)
$0.25
-$0.08
Diluted (in USD per share)
$0.25
-$0.08
Weighted average basic shares outstanding (in shares)
90.0M
83.3M
Weighted average diluted shares outstanding (in shares)
90.3M
83.3M
Centuri Holdings Inc income statement, quarters
Line item
Jun 28, 2026 · Q2
Mar 29, 2026 · Q1
Sep 28, 2025 · Q3
Jun 29, 2025 · Q2
Total revenue
$962.0M
$723.2M
$850.0M
$724.1M
Total cost of revenue
$892.8M
$687.4M
$772.1M
$656.3M
Gross profit
$69.1M
$35.8M
$78.0M
$67.8M
Selling, general and administrative expenses
$37.2M
$32.7M
$35.0M
$29.0M
Amortization of intangible assets
$7.8M
$7.8M
$6.7M
$6.7M
Operating income
$24.1M
($4.7M)
$36.3M
$32.2M
Interest expense, net
$12.1M
$12.4M
$26.2M
$18.2M
Other (income) expense, net
($261.0K)
$80.0K
$78.0K
($353.0K)
Income (loss) before income taxes
$12.3M
($17.3M)
$10.0M
$14.3M
Income tax expense (benefit)
$6.2M
($7.8M)
$7.9M
$6.2M
Net income (loss)
$6.1M
($9.5M)
$2.1M
$8.1M
Net income attributable to noncontrolling interests
$49.0K
$42.0K
$15.0K
$26.0K
Net income (loss) attributable to common stock
$6.1M
($9.5M)
$2.1M
$8.1M
Basic (in USD per share)
$0.06
-$0.09
$0.02
$0.09
Diluted (in USD per share)
$0.06
-$0.09
$0.02
$0.09
Weighted average basic shares outstanding (in shares)
100.9M
100.8M
88.6M
88.6M
Weighted average diluted shares outstanding (in shares)
101.5M
100.8M
89.0M
88.8M
Balance sheet
Centuri Holdings Inc balance sheet, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Cash and cash equivalents
$126.6M
$49.0M
Accounts receivable, net
$314.7M
$281.4M
Contract assets
$395.1M
$238.2M
Prepaid expenses and other current assets
$45.0M
$32.8M
Total current assets
$881.4M
$601.4M
Property and equipment, net
$466.8M
$511.3M
Intangible assets, net
$343.2M
$340.9M
Goodwill, net
$395.7M
$368.3M
Right-of-use assets under finance leases
$24.4M
$33.8M
Right-of-use assets under operating leases
$176.4M
$104.1M
Other assets
$119.7M
$114.6M
Total assets
$2.4B
$2.1B
Current portion of long-term debt
$29.5M
$30.0M
Current portion of finance lease liabilities
$7.5M
$9.3M
Current portion of operating lease liabilities
$30.3M
$18.7M
Accounts payable
$193.6M
$125.7M
Accrued expenses and other current liabilities
$185.0M
$173.6M
Contract liabilities
$50.5M
$25.0M
Total current liabilities
$496.4M
$382.3M
Long-term debt, net of current portion
$616.9M
$730.3M
Line of credit
$91.2M
$113.5M
Finance lease liabilities, net of current portion
$9.2M
$15.0M
Operating lease liabilities, net of current portion
$153.5M
$91.7M
Deferred income taxes
$78.4M
$115.1M
Other long-term liabilities
$83.8M
$66.1M
Total liabilities
$1.5B
$1.5B
Redeemable noncontrolling interests
$5.4M
$4.7M
Common stock
$1.0M
$885.0K
Additional paid-in capital
$1.0B
$718.6M
Accumulated other comprehensive loss
($7.4M)
($13.2M)
Accumulated deficit
($128.4M)
($150.7M)
Total equity
$873.0M
$555.6M
Total liabilities, temporary equity and equity
$2.4B
$2.1B
Centuri Holdings Inc balance sheet, quarters
Line item
Jun 28, 2026
Mar 29, 2026
Sep 28, 2025
Jun 29, 2025
Cash and cash equivalents
$40.5M
$60.3M
$16.1M
$28.3M
Accounts receivable, net
$391.9M
$353.1M
$281.1M
$256.1M
Contract assets
$379.6M
$347.8M
$390.0M
$314.5M
Prepaid expenses and other current assets
$78.1M
$44.3M
$53.2M
$52.9M
Total current assets
$890.0M
$805.6M
$740.5M
$651.9M
Property and equipment, net
$465.4M
$462.8M
$494.8M
$505.0M
Intangible assets, net
$326.3M
$334.7M
$321.5M
$328.5M
Goodwill, net
$393.3M
$393.8M
$371.2M
$373.0M
Right-of-use assets under finance leases
$22.1M
$22.6M
$26.1M
$28.1M
Right-of-use assets under operating leases
$189.6M
$178.8M
$106.5M
$106.8M
Other assets
$116.5M
$123.4M
$116.7M
$114.5M
Total assets
$2.4B
$2.3B
$2.2B
$2.1B
Current portion of long-term debt
$22.9M
$29.7M
$34.3M
$28.1M
Current portion of finance lease liabilities
$7.1M
$7.1M
$7.4M
$7.9M
Current portion of operating lease liabilities
$35.5M
$32.6M
$20.6M
$20.0M
Accounts payable
$162.3M
$141.6M
$146.6M
$128.2M
Accrued expenses and other current liabilities
$195.4M
$159.2M
$201.3M
$162.6M
Contract liabilities
$66.8M
$58.4M
$32.1M
$32.8M
Total current liabilities
$490.2M
$428.6M
$442.2M
$379.5M
Long-term debt, net of current portion
$609.0M
$609.2M
$797.6M
$718.4M
Line of credit
$85.9M
$89.7M
$95.8M
$172.2M
Finance lease liabilities, net of current portion
$6.9M
$7.5M
$9.6M
$11.3M
Operating lease liabilities, net of current portion
$161.9M
$153.8M
$92.5M
$93.3M
Deferred income taxes
$79.2M
$78.0M
$72.6M
$94.5M
Other long-term liabilities
$94.7M
$86.8M
$77.1M
$66.7M
Total liabilities
$1.5B
$1.5B
$1.6B
$1.5B
Redeemable noncontrolling interests
$6.6M
$6.0M
$4.9M
$4.7M
Common stock
$1.0M
$1.0M
$886.0K
$886.0K
Additional paid-in capital
$1.0B
$1.0B
$752.4M
$733.9M
Accumulated other comprehensive loss
($12.5M)
($9.7M)
($9.5M)
($7.0M)
Accumulated deficit
($131.8M)
($137.9M)
($158.6M)
($160.7M)
Total equity
$868.9M
$862.1M
$585.2M
$567.1M
Total liabilities, temporary equity and equity
$2.4B
$2.3B
$2.2B
$2.1B
Cash flow statement
Centuri Holdings Inc cash flow statement, fiscal years
Line item
Dec 28, 2025 · FY
Dec 29, 2024 · FY
Net income (loss)
$22.6M
($6.8M)
Depreciation
$111.5M
$108.7M
Amortization of intangible assets
$27.3M
$26.6M
Amortization of debt issuance costs
$3.6M
$5.3M
Non-cash loss on debt extinguishment
$2.7M
$1.7M
Non-cash stock-based compensation expense
$8.1M
$2.2M
Goodwill impairment
$0
$0
Gain on sale of equipment
($7.4M)
($3.6M)
Amortization of right-of-use assets
$22.4M
$20.7M
Deferred income taxes
($14.1M)
($5.1M)
Other non-cash items
$0
$841.0K
Accounts receivable, net and contract assets
($174.3M)
$60.2M
Prepaid expenses and other assets
($7.5M)
($5.7M)
Accounts payable
$60.9M
$7.6M
Income tax assets and liabilities
$2.9M
($620.0K)
Payments made on operating lease liabilities
($27.8M)
($26.5M)
Contract liabilities
$20.1M
($18.6M)
Accrued expenses and other liabilities
$27.1M
($8.8M)
Net cash provided by operating activities
$78.1M
$158.2M
Capital expenditures
($86.3M)
($99.3M)
Proceeds from sale of property and equipment
$44.0M
$10.0M
Acquisition of business, net of cash acquired
($45.8M)
—
Net cash used in investing activities
($88.2M)
($89.4M)
Proceeds from public offerings and private placements, net of offering costs paid
$250.9M
$327.7M
Proceeds from line of credit borrowings
$220.2M
$353.8M
Payment of line of credit borrowings
($246.7M)
($310.7M)
Proceeds from long-term debt borrowings, net
$242.9M
$0
Principal payments on long-term debt
($364.7M)
($318.7M)
Principal payments on finance lease liabilities
($9.4M)
($11.3M)
Redemption of redeemable noncontrolling interest
$0
($92.9M)
Payment of debt issuance costs
($3.2M)
—
Other
($1.4M)
($438.0K)
Net cash provided by (used in) financing activities
$88.8M
($52.6M)
Effects of foreign exchange translation
$365.0K
($624.0K)
Net increase (decrease) in cash and cash equivalents
$79.0M
$15.6M
Cash, cash equivalents, and restricted cash, beginning of period
$49.0M
$33.4M
Cash, cash equivalents, and restricted cash, end of period