Filing Flows › Tutor Perini (TPC) › Q3 2026 › vs Q3 2025
Tutor Perini (TPC) Q3 2026 vs Q3 2025 (year over year)
Tutor Perini's revenue rose $305M (+22%) from $1.4B in Q3 2025 to $1.7B in Q3 2026. The biggest changes: Civil +$123M (+16%); Building +$122M (+29%); Specialty Contractors +$59.7M (+26%). Gross margin 12.9% against 12.0% (+0.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 12.9% | 12.0% | +0.9 pts |
| Operating margin | 7.3% | 2.8% | +4.5 pts |
| Net margin | 1.2% | 0.3% | +0.9 pts |
| Free cash flow margin | 16.9% | 17.0% | -0.0 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Civil | $894M | $770M | $123M | +16% |
| Building | $541M | $419M | $122M | +29% |
| Specialty Contractors | $286M | $226M | $59.7M | +26% |
| Revenue | $1.7B | $1.4B | $305M | +22% |
| Gross profit | $221M | $169M | $52.1M | +31% |
| Cost of revenue | $1.5B | $1.2B | $253M | +20% |
| Operating profit | $125M | $40.1M | $85.3M | +213% |
| Operating expenses | $96.0M | $129M | −$33.3M | -26% |
| Pre-tax earnings | $49.0M | $34.0M | $15.0M | +44% |
| Other expense, net | $76.4M | $6.1M | $70.3M | 13× |
| Net earnings | $20.7M | $3.6M | $17.1M | +470% |
| Minority interests | $17.2M | $15.2M | $2.0M | +13% |
| Income tax | $11.1M | $15.2M | −$4.0M | -27% |
| Depreciation & amortization | $10.3M | $12.2M | −$1.9M | -16% |
| Share-based compensation | $19.3M | $58.7M | −$39.5M | -67% |
| Working capital & other | $281M | $215M | $66.1M | +31% |
| Operating cash flow | $331M | $289M | $41.8M | +14% |
| Free cash flow (OCF − capex) | $291M | $240M | $51.2M | +21% |
| Capital expenditures | $39.6M | $49.0M | −$9.4M | -19% |
Questions
How much did Tutor Perini's revenue grow year over year in Q3 2026?
Tutor Perini's revenue rose $305M (+22%) from $1.4B in Q3 2025 to $1.7B in Q3 2026.
What drove Tutor Perini's revenue change in Q3 2026?
Civil +$123M (+16%); Building +$122M (+29%); Specialty Contractors +$59.7M (+26%).