---
schema_version: "secwatch.filing_event.v1"
accession: "0001981599-25-000032"
form_type: "8-K"
ticker: "CTRI"
cik: "0001981599"
company_name: "Centuri Holdings, Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T00:44:34.394156+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Centuri Q1 revenue up 4.2% to $550M, adjusted EBITDA up 20%; affirms FY25 outlook

## Summary
- Net loss improved to $17.9M ($0.20 per share) from $25.1M ($0.35) a year ago.
- Adjusted net loss was $10.5M ($0.12 per share); Adjusted EBITDA rose 20% to $24.2M.
- Record customer awards exceeded $1.2B; backlog grew to $4.5B from $3.7B at year-end.
- Non-union Electric revenue surged 41.9% YoY to $137.1M; U.S. Gas revenue fell 12.7% to $197.7M.
- FY2025 guidance reaffirmed: revenue $2.60-2.80B, Adjusted EBITDA $240-275M, capex $65-80M.

## SEC filing metadata
- accession: 0001981599-25-000032
- form_type: 8-K
- ticker: CTRI
- cik: 0001981599
- company_name: Centuri Holdings, Inc.
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1981599/000198159925000032/0001981599-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981599/000198159925000032/ctri-20250512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001981599-25-000032
- JSON: https://secwatch.observer/filing/0001981599-25-000032.json
- Plain text: https://secwatch.observer/filing/0001981599-25-000032.txt

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