Filing Flows › Tutor Perini (TPC) › Q2 2026 › vs Q1 2026
Tutor Perini (TPC) Q2 2026 vs Q1 2026 (quarter over quarter)
Tutor Perini's revenue rose $248M (+18%) from $1.4B in Q1 2026 to $1.6B in Q2 2026. The biggest changes: Civil +$118M (+17%); Building +$86.6M (+18%); Specialty Contractors +$42.6M (+19%). Gross margin 12.9% against 11.1% (+1.8 pts).
Tutor Perini, Q2 2026: revenue $1.6B (+19% year over year), operating margin 7.2%, net earnings $65.7M, operating cash flow $187M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 12.9% | 11.1% | +1.8 pts |
| Operating margin | 7.2% | 4.3% | +2.9 pts |
| Net margin | 4.0% | 1.8% | +2.2 pts |
| Free cash flow margin | 9.4% | 9.3% | +0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Civil | $816M | $698M | $118M | +17% |
| Building | $560M | $473M | $86.6M | +18% |
| Specialty Contractors | $261M | $219M | $42.6M | +19% |
| Revenue | $1.6B | $1.4B | $248M | +18% |
| Gross profit | $211M | $155M | $56.6M | +37% |
| Cost of revenue | $1.4B | $1.2B | $191M | +15% |
| Operating profit | $118M | $59.2M | $58.6M | +99% |
| Operating expenses | $93.5M | $95.5M | −$1.9M | -2% |
| Pre-tax earnings | $115M | $56.5M | $58.3M | +103% |
| Net earnings | $65.7M | $25.7M | $40.0M | +156% |
| Minority interests | $18.3M | $13.8M | $4.5M | +32% |
| Income tax | $30.8M | $17.0M | $13.8M | +81% |
| Depreciation & amortization | $10.2M | $11.5M | −$1.3M | -11% |
| Share-based compensation | $27.9M | $30.1M | −$2.2M | -7% |
| Working capital & other | $83.4M | $79.6M | $3.8M | +5% |
| Operating cash flow | $187M | $147M | $40.4M | +28% |
| Free cash flow (OCF − capex) | $154M | $129M | $24.7M | +19% |
| Capital expenditures | $33.7M | $18.0M | $15.7M | +87% |
Questions
How much did Tutor Perini's revenue grow quarter over quarter in Q2 2026?
Tutor Perini's revenue rose $248M (+18%) from $1.4B in Q1 2026 to $1.6B in Q2 2026.
What drove Tutor Perini's revenue change in Q2 2026?
Civil +$118M (+17%); Building +$86.6M (+18%); Specialty Contractors +$42.6M (+19%).