{
  "url": "https://struct.news/briefs/centuri-added-238-million-of-sales-gross-profit-barely-moved",
  "title": "Centuri added $238 million of sales. Gross profit barely moved.",
  "summary": "Connect contributed $22.3 million of revenue, but Centuri’s gross margin fell to 7.2% as electric-work profitability weakened.",
  "published_at": "2026-08-04T12:10:14.381037+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Centuri Holdings, Inc.",
    "ticker": "CTRI",
    "cik": "1981599",
    "sector": "Utilities",
    "industry": "Utilities - Regulated Gas"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-04",
    "accession": "0001981599-26-000089",
    "url": "https://www.sec.gov/Archives/edgar/data/1981599/000198159926000089/ctri-20260628.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-06",
    "url": "https://www.sec.gov/Archives/edgar/data/1981599/000198159925000046/ctri-20250629.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 2982781000,
      "display": "$3.0B",
      "unit": "usd",
      "period": "2025-12-28",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001981599-26-000089",
        "filing_date": "2026-08-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 13.10284393202108,
      "display": "+13.1%",
      "unit": "percent",
      "period": "2025-12-28",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001981599-26-000089",
        "filing_date": "2026-08-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 3.1118945708719483,
      "display": "+3.1%",
      "unit": "percent",
      "period": "2025-12-28",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001981599-26-000089",
        "filing_date": "2026-08-04"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Non-Union Electric revenue increased on higher volumes from new and existing MSAs, while consolidated gross margin declined.",
      "importance": "medium",
      "evidence": "Revenue from our Non-Union Electric segment totaled $166.9 million, reflecting an increase of $17.0 million, or 11.3%, compared to the prior year period due primarily to higher volumes on new and existing MSAs.",
      "source_date": "2026-08-04"
    }
  ],
  "related_tickers": [
    "CTRI"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}