v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
REVENUE $ 1,637,047 $ 1,373,681 $ 3,026,505 $ 2,620,314
COST OF OPERATIONS (1,425,769) (1,177,686) (2,660,594) (2,289,918)
GROSS PROFIT 211,278 195,995 365,911 330,396
General and administrative expenses (93,543) (119,565) (188,994) (188,641)
INCOME FROM CONSTRUCTION OPERATIONS 117,735 76,430 176,917 141,755
Other income, net 10,833 6,204 21,559 10,892
Interest expense (13,720) (13,588) (27,117) (27,940)
INCOME BEFORE INCOME TAXES 114,848 69,046 171,359 124,707
Income tax expense (30,780) (21,960) (47,763) (34,872)
NET INCOME 84,068 47,086 123,596 89,835
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 18,326 27,112 32,158 41,863
NET INCOME ATTRIBUTABLE TO TUTOR PERINI CORPORATION $ 65,742 $ 19,974 $ 91,438 $ 47,972
BASIC EARNINGS (LOSS) PER COMMON SHARE (in dollars per share) $ 1.25 $ 0.38 $ 1.74 $ 0.91
DILUTED EARNINGS (LOSS) PER COMMON SHARE (in dollars per share) $ 1.23 $ 0.38 $ 1.71 $ 0.90
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:        
BASIC (in shares) 52,601 52,724 52,668 52,631
DILUTED (in shares) 53,472 53,194 53,611 53,102