Filing Flows › Mastec (MTZ) › Q3 2026
Mastec (MTZ) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Mastec (MTZ) reported revenue of $5.2B for the third quarter 2026 (Q3 2026), +30% from a year earlier and +18% from the quarter before. Operating margin was 5.3%, net earnings $151M (2.9% of revenue).
Mastec, Q3 2026: revenue $5.2B (+30% year over year), operating margin 5.3%, net earnings $151M, operating cash flow $267M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2B | +18% | +30% |
| Operating profit | $275M | +22% | +10% |
| Net earnings | $151M | +16% | -6% |
| Operating cash flow | $267M | 12× | +201% |
| Free cash flow | $180M | — | +789% |
What changed
Revenue was $5.2B in Q3 2026, up 30% year over year and up 18% from the previous quarter.
Operating profit was $0.28B, a 5.3% margin (down 0.9 points year over year). Of the extra revenue versus Q3 2025, 2% reached operating profit, below the 6% margin then. Total costs grew 31% against revenue growth of 30%. The fastest-growing cost line was Other operating costs (+50%). Net earnings were $0.15B, down 6% year over year. The effective tax rate was 23.8%.
Operating cash flow was $0.27B (up 201% year over year), 159% of net income including minority interests. Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.09B left free cash flow of $0.18B.
Questions
What was Mastec's revenue in the third quarter 2026?
Mastec (MTZ) reported revenue of $5.2B for the third quarter 2026 (Q3 2026), +30% from a year earlier and +18% from the quarter before.
Was Mastec profitable in the third quarter 2026?
Operating profit was $275M (5.3% of revenue) and net earnings $151M.
Source: Mastec 10-Q on SEC EDGAR.