---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-110270"
form_type: "8-K"
ticker: "MTZ"
cik: "0000015615"
company_name: "MASTEC INC"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:43:33.780484+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MasTec Q1 beats: adj EPS $0.51 vs guided $0.34; FY adj EPS raised ~9%

## Summary
- Q1 revenue $2.848B (+6% YoY); GAAP net income $12.3M ($0.13 EPS); adj net income $42M ($0.51 adj EPS), beating guidance by $0.17.
- Backlog $15.9B (+24% YoY, +11% QoQ); Pipeline Infrastructure backlog more than doubled since year-end.
- FY 2025 guidance raised: adj diluted EPS $5.90–$6.25 (midpoint ~9% increase); revenue $13.65B; adj EBITDA $1.12B–$1.16B.
- Segment rev: Communications +34.7%, Clean Energy +21.5%, Power Delivery +12.8%, Pipeline -43.8% (large project close-out).
- Share repurchases $77M YTD at avg $110/share; board authorized additional $250M repurchase program.

## SEC filing metadata
- accession: 0001193125-25-110270
- form_type: 8-K
- ticker: MTZ
- cik: 0000015615
- company_name: MASTEC INC
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/15615/000119312525110270/0001193125-25-110270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/15615/000119312525110270/d851113d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-110270
- JSON: https://secwatch.observer/filing/0001193125-25-110270.json
- Plain text: https://secwatch.observer/filing/0001193125-25-110270.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.