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Tutor Perini (TPC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Tutor Perini (TPC) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), +19% from a year earlier and +18% from the quarter before. Operating margin was 7.2%, net earnings $65.7M (4.0% of revenue).

Revenue$1.6B
Year over year+19%
Quarter over quarter+18%
Operating margin7.2%
Net earnings$65.7M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.6B+18%+19%
Gross profit$211M+37%+8%
Operating profit$118M+99%+54%
Net earnings$65.7M+156%+229%
Operating cash flow$187M+28%-29%
Free cash flow$154M+19%-35%

What changed

Revenue was $1.6B in Q2 2026, up 19% year over year and up 18% from the previous quarter. Civil was the largest line at 50% of revenue. Building added $0.10B year over year (up 21%), 37% of the total change.

Gross margin was 12.9%, down 1.4 points from Q2 2025. Operating profit was $0.12B, a 7.2% margin (up 1.6 points year over year). Of the extra revenue versus Q2 2025, 16% reached operating profit, above the 6% margin then. Operating expenses fell 22% while revenue rose 19%. Net earnings were $0.07B, up 229% year over year. The effective tax rate was 26.8%.

Operating cash flow was $0.19B (down 29% year over year), 223% of net income including minority interests. Non-cash charges added back $0.01B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.03B left free cash flow of $0.15B.

Questions

What was Tutor Perini's revenue in the second quarter 2026?

Tutor Perini (TPC) reported revenue of $1.6B for the second quarter 2026 (Q2 2026), +19% from a year earlier and +18% from the quarter before.

Was Tutor Perini profitable in the second quarter 2026?

Operating profit was $118M (7.2% of revenue) and net earnings $65.7M.

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Source: Tutor Perini 10-Q on SEC EDGAR.