Quarterly ResultMay 8, 2026, 09:16 AM
Construction Partners Q2 Revenue Up 35%; Raises FY26 Outlook
AI Summary
Construction Partners, Inc. announced strong financial results for the second quarter of fiscal year 2026, with revenue increasing 34.5% to $769.2 million and Adjusted Net Income surging 136% to $10.4 million. The company achieved a record project backlog of $3.14 billion and raised its full-year fiscal 2026 outlook for revenue and Adjusted EBITDA. This performance was supported by exceptional execution, favorable weather, and the strategic acquisition of Four Star Paving.
Key Highlights
- Q2 FY26 Revenue increased 34.5% to $769.2 million from $571.7 million in Q2 FY25.
- Q2 FY26 Adjusted Net Income rose 136% to $10.4 million from $4.4 million in Q2 FY25.
- Q2 FY26 Adjusted EBITDA grew 34.6% to $93.3 million from $69.3 million in Q2 FY25.
- Diluted EPS was $0.16 in Q2 FY26, up from $0.08 in Q2 FY25.
- Project backlog reached a record $3.14 billion at March 31, 2026.
- Company raised FY26 revenue outlook to $3.590 billion - $3.650 billion.
- FY26 Adjusted EBITDA outlook raised to $552.0 million - $564.0 million.
- Completed acquisition of Four Star Paving in April, strengthening vertical integration in middle Tennessee.