Centuri Holdings Reports Q2 2025 Results and Updates Outlook

Centuri Holdings, Inc. ( (CTRI) ) has released its Q2 earnings. Here is a breakdown of the information Centuri Holdings, Inc. presented to its investors.

Centuri Holdings, Inc. is a strategic utility infrastructure services company that partners with regulated utilities to build and maintain the energy network across the United States and Canada.

Centuri Holdings, Inc. reported a 7.7% increase in revenue for the second quarter of 2025, reaching $724.1 million compared to the same period last year. The company also updated its full-year 2025 revenue outlook, reflecting strong commercial momentum and operational execution.

Key financial highlights include a net income of $8.1 million, down from $11.7 million in the previous year, and an adjusted EBITDA of $71.8 million, a 4.7% increase. The company achieved a book-to-bill ratio of 2.3x, driven by $1.8 billion in new bookings during the quarter, and strengthened its capital structure by expanding its credit facility.

Centuri’s strategic initiatives included increasing investment in business growth, executing new master lease arrangements, and appointing a new head of fleet to drive operational improvements. The company also reported revenue growth in its Canadian Gas, Non-Union Electric, and Union Electric segments.

Looking ahead, Centuri Holdings remains optimistic about its growth prospects, with an increased full-year revenue outlook and a narrowed adjusted EBITDA range. The company continues to focus on capitalizing on its robust sales pipeline and strategic opportunities to enhance its financial performance.