---
schema_version: "secwatch.filing_event.v1"
accession: "0001718227-23-000014"
form_type: "8-K"
ticker: "ROAD"
cik: "0001718227"
company_name: "Construction Partners, Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T20:35:34.911458+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Construction Partners Q1 revenue up 20% to $341.8M; record backlog $1.47B

## Summary
- Revenue $341.8M (+20% YoY); net income $1.9M vs $5.5M; adj. EBITDA $27.6M (+4.7%).
- Record project backlog $1.47B at Dec 31, 2022, up from $1.09B a year ago.
- Integrated two acquisitions: bolt-on in Nashville and Ferebee Corp (Charlotte), adding six asphalt plants.
- Raised mid-point of FY2023 guidance; management confident in continued growth.
- Gross profit $30.5M vs $33.0M; G&A steady at 8.7% of revenue.

## SEC filing metadata
- accession: 0001718227-23-000014
- form_type: 8-K
- ticker: ROAD
- cik: 0001718227
- company_name: Construction Partners, Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000014/0001718227-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000014/road-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718227-23-000014
- JSON: https://secwatch.observer/filing/0001718227-23-000014.json
- Plain text: https://secwatch.observer/filing/0001718227-23-000014.txt

## Key facts
- Earnings Releases
  Construction Partners, Inc. reported fiscal quarter ended December 31, 2022 results: revenue $341.8 million, net income $1.9 million. Guidance raised.
  - Period: fiscal quarter ended December 31, 2022
  - Revenue: $341.8 million
  - Net income: $1.9 million
  - Guidance: raised
  - Result: reported results
  source text: half of our year this spring and summer. Therefore, we are revising our annual guidance for fiscal 2023, and after the first quarter, we are right on track.” Revenues were $341.8 million in the first quarter of fiscal 2023, an increase of 20% compared to $285.0 million in the same quarter last year. The increase included $32.1 million of revenues attributable to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718227/000171822723000014/0001718227-23-000014-index.htm

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