Filing Flows › Tutor Perini (TPC) › Q3 2026 › vs Q2 2026
Tutor Perini (TPC) Q3 2026 vs Q2 2026 (quarter over quarter)
Tutor Perini's revenue rose $83.2M (+5%) from $1.6B in Q2 2026 to $1.7B in Q3 2026. The biggest changes: Civil +$77.3M (+9%); Specialty Contractors +$24.9M (+10%); Building −$19.0M (-3%). Gross margin 12.9% against 12.9% (-0.0 pts).
Tutor Perini, Q3 2026: revenue $1.7B (+22% year over year), operating margin 7.3%, net earnings $20.7M, operating cash flow $331M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 12.9% | 12.9% | -0.0 pts |
| Operating margin | 7.3% | 7.2% | +0.1 pts |
| Net margin | 1.2% | 4.0% | -2.8 pts |
| Free cash flow margin | 16.9% | 9.4% | +7.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Civil | $894M | $816M | $77.3M | +9% |
| Building | $541M | $560M | −$19.0M | -3% |
| Specialty Contractors | $286M | $261M | $24.9M | +10% |
| Revenue | $1.7B | $1.6B | $83.2M | +5% |
| Gross profit | $221M | $211M | $10.2M | +5% |
| Cost of revenue | $1.5B | $1.4B | $73.0M | +5% |
| Operating profit | $125M | $118M | $7.7M | +7% |
| Operating expenses | $96.0M | $93.5M | $2.5M | +3% |
| Pre-tax earnings | $49.0M | $115M | −$65.8M | -57% |
| Other expense, net | $76.4M | $2.9M | $73.5M | 26× |
| Net earnings | $20.7M | $65.7M | −$45.0M | -69% |
| Minority interests | $17.2M | $18.3M | −$1.1M | -6% |
| Income tax | $11.1M | $30.8M | −$19.7M | -64% |
| Depreciation & amortization | $10.3M | $10.2M | $97K | +0.9% |
| Share-based compensation | $19.3M | $27.9M | −$8.6M | -31% |
| Working capital & other | $281M | $83.4M | $197M | +236% |
| Operating cash flow | $331M | $187M | $144M | +77% |
| Free cash flow (OCF − capex) | $291M | $154M | $138M | +90% |
| Capital expenditures | $39.6M | $33.7M | $5.9M | +18% |
Questions
How much did Tutor Perini's revenue grow quarter over quarter in Q3 2026?
Tutor Perini's revenue rose $83.2M (+5%) from $1.6B in Q2 2026 to $1.7B in Q3 2026.
What drove Tutor Perini's revenue change in Q3 2026?
Civil +$77.3M (+9%); Specialty Contractors +$24.9M (+10%); Building −$19.0M (-3%).