Filing Flows › Tutor Perini (TPC) › Q3 2026
Tutor Perini (TPC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Tutor Perini (TPC) reported revenue of $1.7B for the third quarter 2026 (Q3 2026), +22% from a year earlier and +5% from the quarter before. Operating margin was 7.3%, net earnings $20.7M (1.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +5% | +22% |
| Gross profit | $221M | +5% | +31% |
| Operating profit | $125M | +7% | +213% |
| Net earnings | $20.7M | -69% | +470% |
| Operating cash flow | $331M | +77% | +14% |
| Free cash flow | $291M | +90% | +21% |
What changed
Revenue was $1.7B in Q3 2026, up 22% year over year and up 5% from the previous quarter. Civil was the largest line at 52% of revenue. Civil added $0.12B year over year (up 16%), 40% of the total change.
Gross margin was 12.9%, up 0.9 points from Q3 2025. Operating profit was $0.13B, a 7.3% margin (up 4.5 points year over year). Of the extra revenue versus Q3 2025, 28% reached operating profit, above the 3% margin then. Operating expenses fell 26% while revenue rose 22%. Net earnings were $0.02B, up 470% year over year. The effective tax rate was 22.7%.
Operating cash flow was $0.33B (up 14% year over year), 874% of net income including minority interests. Non-cash charges added back $0.01B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.26B. Capital expenditures of $0.04B left free cash flow of $0.29B.
Questions
What was Tutor Perini's revenue in the third quarter 2026?
Tutor Perini (TPC) reported revenue of $1.7B for the third quarter 2026 (Q3 2026), +22% from a year earlier and +5% from the quarter before.
Was Tutor Perini profitable in the third quarter 2026?
Operating profit was $125M (7.3% of revenue) and net earnings $20.7M.
Source: Tutor Perini 10-Q on SEC EDGAR.