secwatch.observer — SEC 8-K summary
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Issuer:     Centuri Holdings, Inc. (CTRI)
CIK:        0001981599
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0001981599-26-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centuri posts record annual revenue of $2,983M; Q4 revenue up 20% to $858.6M
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- Record annual Revenue $2,983M (+13% YoY); Base Revenue $2,943M (+18%).
- Q4 Net Income $30.2M (incl. $23.7M tax benefit); Adjusted EBITDA $77.7M.
- FY2026 guidance: Revenue $3.24-3.54B, Adj. EBITDA $280-310M, Net Capex $75-90M.
- Backlog $5.9B (+59% YoY); FY2025 bookings $4.5B, book-to-bill 1.5x.
- Acquired Connect Atlantic Utility Services for $58M; Net Debt/EBITDA improved to 2.5x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1981599/000198159926000017/0001981599-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1981599/000198159926000017/ctri-20260225.htm
  HTML page:      https://secwatch.observer/filing/0001981599-26-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer