Centuri Holdings Inc. (NYSE:CTRI) is one of the best low priced stocks to buy for the next 3 years.
On May 6, Centuri Holdings reported Q1 2026 revenue of $723.2 million, marking a 31% increase year-over-year
Gross profit surged 76% to $35.8 million, driven by growth across all operating segments and seasonal mitigation efforts. The company narrowed its net loss to $9.5 million, an $8.4 million improvement from the prior year period, while adjusted EBITDA rose 34% to $32.6 million. During the quarter, Centuri Holdings Inc. (NYSE:CTRI) secured $1.3 billion in total bookings, propelled by a mix of new bid awards and Master Service Agreement/MSA renewals.
This commercial momentum expanded the company’s backlog to a record $6.5 billion, representing a 44% year-over-year increase. Management subsequently reaffirmed its full-year 2026 guidance, expecting total revenue between $3.24 billion and $3.54 billion. Alongside earnings, the company introduced its “Vision One Centuri” strategic plan and established long-term financial targets through 2029.