Centuri Holdings, Inc. filings document a public utility and energy infrastructure services company with operations serving regulated utility customers in the United States and Canada. Its Form 8-K reports include operating and financial results, backlog and commercial activity, material agreements, capital-structure disclosures, and governance events.
Centuri’s proxy materials describe board composition, director elections, executive compensation, shareholder voting matters, and related governance practices. Other current reports cover director appointments, officer transitions, nomination arrangements, and financing or capital actions connected to the company’s operating strategy and corporate structure.
Centuri Holdings, Inc. filed an initial statement of beneficial ownership (Form 3) for Kelly Youngblood, who serves as Executive Vice President and Chief Financial Officer. The filing reports no equity holdings or transactions at this time and includes an Exhibit 24 Power of Attorney authorizing filings on the reporting person’s behalf.
Centuri Holdings, Inc. filed an initial statement of beneficial ownership for Danielle E. Hunter, who is identified as an Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary. The filing reports no equity transactions or holdings at this time and includes an Exhibit 24 Power of Attorney.
Centuri Holdings, Inc. reported executive leadership changes, appointing Kelly Youngblood as Executive Vice President and Chief Financial Officer and Danielle Hunter as Executive Vice President, Chief Legal & Administrative Officer and Corporate Secretary, effective August 12, 2026, succeeding Gregory A. Izenstark and Jason S. Wilcock, respectively.
Youngblood’s employment agreement provides a $680,000 annual base salary, a target annual bonus equal to 85% of base salary, a long‑term incentive target equal to 225% of base salary beginning in 2027, and an initial grant of time‑based restricted stock units valued at $2,030,000 vesting over three years. The agreement includes severance protections, with enhanced benefits and full equity vesting if his employment is terminated without cause or for good reason within 24 months after a change in control, as well as restrictive covenants and indemnification. The company expects to provide contractually owed severance benefits to the departing CFO and Chief Legal & Administrative Officer under their existing agreements.
Centuri Holdings, Inc. insider Stephen M. Zemaitatis Jr., President & CEO of Riggs Distler & Co., Inc., has filed an initial statement of beneficial ownership reporting 43,071 shares of Centuri common stock held directly. The disclosure lists current holdings only and does not report any stock purchases or sales.
Centuri Holdings, Inc. executive Neil Waugh filed an initial insider ownership report, listing direct ownership of 38,315 shares of Common Stock of Centuri Holdings, Inc. as of July 27, 2026. Waugh serves as President, Centuri Canada Group, and the filing reports holdings only, with no recent share purchases or sales.
Centuri Holdings, Inc. reports that officer Ryan Palazzo, whose full title is President, U.S. Gas, beneficially owns 13,053 shares of Common Stock. These shares are held directly and represent his existing equity position; no purchases or sales are reported in this statement.
Centuri Holdings, Inc. executive Brent Hooper, Chief Executive Officer of Linetec Services, reports beneficial ownership of 33,450 shares of Centuri Holdings common stock held directly as of July 27, 2026.
Centuri Holdings, Inc. reported fiscal Q2 2026 total revenue, net of $961,986 (in thousands), up 32.9% year over year, and first-half revenue of $1,685,160 (in thousands). Growth was broad-based across U.S. Gas, Canadian Operations (including the Connect acquisition), and Union Electric.
Gross margin narrowed to 7.2% as U.S. Gas absorbed a $9,000 (in thousands) revenue reversal on a legacy City of Chicago contract under ASC 606, higher fuel costs, and ramp-up expenses. Net income attributable to common stock was $6,099 (in thousands), or $0.06 per diluted share, with a first-half net loss of $3,428 (in thousands), or $(0.03) per share.
Cash and cash equivalents declined to $40,458 (in thousands) as operating activities used $15,012 (in thousands) and capital expenditures reached $48,147 (in thousands). Centuri fully utilized its $165.0 million accounts receivable securitization facility, ended the quarter with total long-term debt of $727,718 (in thousands), reported backlog of approximately $6.4 billion, and on July 20, 2026 completed the acquisition of JJ White, Inc. for about $62.0 million.
Centuri Holdings reported strong second quarter 2026 growth, with record revenue of $962.0 million, up 33% year over year, and Base Revenue of $959.5 million, up 36%. Gross profit was $69.1 million versus $67.8 million, while Base Gross Profit rose 21% to $75.7 million. GAAP net income attributable to common stock declined to $6.1 million, but Adjusted Net Income increased 44% to $24.4 million and Adjusted EBITDA grew 5% to $75.7 million. Revenue expanded across all segments, led by Canadian Operations up 48% and U.S. Gas up 45%.
Management highlighted continued commercial momentum with nearly $850 million of second‑quarter bookings, $2.2 billion year‑to‑date bookings, a $6.4 billion backlog, and a record $16 billion opportunity pipeline. Net Debt to Adjusted EBITDA improved to 2.6x. Centuri closed the $62 million acquisition of JJ White, which had $315 million of backlog and is expected to contribute more than $20 million of annual gross profit and be immediately accretive to Adjusted Net Income. For 2026, the company raised guidance to Base Revenue of $3.5–$3.7 billion, Revenue of $3.59–$3.79 billion, Adjusted EBITDA of $285–$310 million, Adjusted Net Income of $60–$75 million, and Net Capital Expenditures of $60–$75 million.
BlackRock, Inc. filed an amended Schedule 13G/A reporting beneficial ownership of common stock of Centuri Holdings Inc. BlackRock reports beneficial ownership of 6,636,810 shares of Centuri common stock, representing 6.6% of the class as of June 30, 2026.
BlackRock has sole voting power over 6,494,738 shares and sole dispositive power over 6,636,810 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends or sale proceeds, but no single such person holds more than five percent of Centuri’s outstanding common shares.