Centuri Holdings Sees FY2026 Sales $3.150B-$3.450B vs $3.141B Est

Full Year 2026 Financial Guidance

Base Revenue and Base Gross Profit do not include contributions from storm restoration services, which are unpredictable. While storm restoration services remain a key capability of the Company, management believes these non-GAAP measures are more suitable for evaluating fundamental business performance and for comparison purposes.

• Base Revenue of $3.15 to $3.45 billion
• Base Gross Profit of $255 to $285 million

Adjusted EBITDA and Adjusted Net Income are non-GAAP measures that include contributions from storm restoration services. Guidance for these measures and Revenue include estimated contributions from storm restoration services based on three-year (2023-2025) averages of $88 million of storm restoration services revenue and $28 million of storm restoration services gross profit.

• Revenue of $3.24 to $3.54 billion
• Adjusted EBITDA of $280 to $310 million
• Adjusted Net Income of $55 to $75 million

The Company also expects Net Capital Expenditures of $75 to $90 million in 2026.

Please review the year-end investor presentation for more information related to our full year 2026 Guidance and historical storm restoration services contributions.