Filing Flows › Tutor Perini (TPC) › How it makes money
How Tutor Perini (TPC) makes money
Tutor Perini (TPC) made $1.7B of revenue in the third quarter 2026 (Q3 2026), +22% from a year earlier. Civil brought in $894M (52%); Building brought in $541M (31%); Specialty Contractors brought in $286M (17%). Of every dollar of revenue, 13¢ was left as gross profit, 7¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Civil | $894M | 51.9% | +9% | +16% |
| Building | $541M | 31.4% | -3% | +29% |
| Specialty Contractors | $286M | 16.6% | +10% | +26% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.7B | 100.0% |
| Cost of revenue | $1.5B | 87.1% |
| Gross profit | $221M | 12.9% |
| Operating expenses | $96.0M | 5.6% |
| Operating profit | $125M | 7.3% |
| Income tax | $11.1M | 0.6% |
| Net earnings | $20.7M | 1.2% |
| Operating cash flow | $331M | 19.2% |
| Free cash flow | $291M | 16.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.7B | +22% |
| Q2 2026 | $1.6B | +19% |
| Q1 2026 | $1.4B | +12% |
| Q4 2025 | $1.5B | +41% |
| Q3 2025 | $1.4B | +31% |
| Q2 2025 | $1.4B | +22% |
| Q1 2025 | $1.2B | +19% |
From Tutor Perini's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Tutor Perini make money?
Tutor Perini (TPC) made $1.7B of revenue in the third quarter 2026 (Q3 2026), +22% from a year earlier. Civil brought in $894M (52%); Building brought in $541M (31%); Specialty Contractors brought in $286M (17%). Of every dollar of revenue, 13¢ was left as gross profit, 7¢ was left as operating profit, 1¢ was left as net earnings.
What is Tutor Perini's biggest business?
Civil: $894M in the third quarter 2026, 52% of revenue, +16% from a year earlier.
What is Tutor Perini's profit margin?
Net earnings were $20.7M, 1.2% of revenue, in the third quarter 2026; the operating margin was 7.3%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.