Filing Flows › Tutor Perini (TPC) › Q2 2026 › vs Q2 2025
Tutor Perini (TPC) Q2 2026 vs Q2 2025 (year over year)
Tutor Perini's revenue rose $263M (+19%) from $1.4B in Q2 2025 to $1.6B in Q2 2026. The biggest changes: Building +$97.5M (+21%); Specialty Contractors +$83.9M (+47%); Civil +$82.0M (+11%). Gross margin 12.9% against 14.3% (-1.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 12.9% | 14.3% | -1.4 pts |
| Operating margin | 7.2% | 5.6% | +1.6 pts |
| Net margin | 4.0% | 1.5% | +2.6 pts |
| Free cash flow margin | 9.4% | 17.1% | -7.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Civil | $816M | $734M | $82.0M | +11% |
| Building | $560M | $462M | $97.5M | +21% |
| Specialty Contractors | $261M | $177M | $83.9M | +47% |
| Revenue | $1.6B | $1.4B | $263M | +19% |
| Gross profit | $211M | $196M | $15.3M | +8% |
| Cost of revenue | $1.4B | $1.2B | $248M | +21% |
| Operating profit | $118M | $76.4M | $41.3M | +54% |
| Operating expenses | $93.5M | $120M | −$26.0M | -22% |
| Pre-tax earnings | $115M | $69.0M | $45.8M | +66% |
| Net earnings | $65.7M | $20.0M | $45.8M | +229% |
| Minority interests | $18.3M | $27.1M | −$8.8M | -32% |
| Income tax | $30.8M | $22.0M | $8.8M | +40% |
| Depreciation & amortization | $10.2M | $12.9M | −$2.7M | -21% |
| Share-based compensation | $27.9M | $55.4M | −$27.5M | -50% |
| Working capital & other | $83.4M | $174M | −$90.7M | -52% |
| Operating cash flow | $187M | $262M | −$75.1M | -29% |
| Free cash flow (OCF − capex) | $154M | $236M | −$82.0M | -35% |
| Capital expenditures | $33.7M | $26.8M | $6.8M | +25% |
Questions
How much did Tutor Perini's revenue grow year over year in Q2 2026?
Tutor Perini's revenue rose $263M (+19%) from $1.4B in Q2 2025 to $1.6B in Q2 2026.
What drove Tutor Perini's revenue change in Q2 2026?
Building +$97.5M (+21%); Specialty Contractors +$83.9M (+47%); Civil +$82.0M (+11%).