---
schema_version: "secwatch.filing_event.v1"
accession: "0001981599-25-000063"
form_type: "8-K"
ticker: "CTRI"
cik: "0001981599"
company_name: "Centuri Holdings, Inc."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:25:50.990707+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Centuri Q3 revenue record $850M, up 18.1% YoY; adjusts EBITDA guidance down to $240-250M

## Summary
- Record quarterly revenue $850M (+18.1% YoY); net income $2.1M vs loss $3.7M prior year.
- Adjusted diluted EPS $0.19 vs $0.06; Adjusted EBITDA $75.2M vs $78.8M prior year.
- Backlog record $5.9B (+59% from YE 2024); bookings $815M in Q3, book-to-bill 1.8x YTD.
- Full-year revenue guidance raised to $2.8-2.9B; Adjusted EBITDA guidance lowered to $240-250M.
- Completed separation from Southwest Gas Holdings, refinanced debt, extended maturities, increased revolver to $450M.

## SEC filing metadata
- accession: 0001981599-25-000063
- form_type: 8-K
- ticker: CTRI
- cik: 0001981599
- company_name: Centuri Holdings, Inc.
- filed_at: 2025-11-05T23:59:59+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/1981599/000198159925000063/0001981599-25-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1981599/000198159925000063/ctri-20251105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001981599-25-000063
- JSON: https://secwatch.observer/filing/0001981599-25-000063.json
- Plain text: https://secwatch.observer/filing/0001981599-25-000063.txt

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