Centuri Holdings, Inc.
For the period ended Dec 28, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
CTRI$22.560.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Centuri Holdings, Inc. Consolidated Statements of Operations
Consolidated Statements of Operations
(In thousands, except per share information)
| Fiscal Year Ended | |||
|---|---|---|---|
| December 28, 2025 | December 29, 2024 | December 31, 2023 | |
| Revenue | $2,885,193 | $2,530,394 | $2,782,845 |
| Revenue, related party - former parent | 97,588 | 106,835 | 116,431 |
| Total revenue, net | 2,982,781 | 2,637,229 | 2,899,276 |
| Cost of revenue (including depreciation) | 2,645,244 | 2,319,744 | 2,520,420 |
| Cost of revenue, related party - former parent (including depreciation) | 90,971 | 96,813 | 105,414 |
| Total cost of revenue | 2,736,215 | 2,416,557 | 2,625,834 |
| Gross profit | 246,566 | 220,672 | 273,442 |
| Selling, general and administrative expenses | 126,464 | 107,247 | 110,344 |
| Amortization of intangible assets | 27,281 | 26,642 | 26,670 |
| Goodwill impairment | — | — | 213,992 |
| Operating income (loss) | 92,821 | 86,783 | (77,564) |
| Interest expense, net | 78,428 | 90,515 | 97,476 |
| Other income, net | (194) | (376) | (64) |
| Income (loss) before income taxes | 14,587 | (3,356) | (174,976) |
| Income tax (benefit) expense | (8,063) | 3,466 | 9,530 |
| Net income (loss) | 22,650 | (6,822) | (184,506) |
| Net income (loss) attributable to noncontrolling interests | 255 | (98) | 1,670 |
| Net income (loss) attributable to common stock | $22,395 | $(6,724) | $(186,176) |
| Earnings (loss) per share attributable to common stock: | |||
| Basic | $0.25 | $(0.08) | $(2.60) |
| Diluted | $0.25 | $(0.08) | $(2.60) |
| Shares used in computing earnings per share: | |||
| Weighted average basic shares outstanding | 90,000 | 83,286 | 71,666 |
| Weighted average diluted shares outstanding | 90,295 | 83,286 | 71,666 |
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