MASTEC INC

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

MTZ$180.84-4.3%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations

(unaudited - in thousands, except per share amounts)

	Three Months EndedJune 30,		Six Months EndedJune 30,
	2025	2024	2025	2024
Revenue	$3,544,705	$2,961,086	$6,392,423	$5,647,935
Costs of revenue, excluding depreciation and amortization	3,109,163	2,540,447	5,645,782	4,920,119
Depreciation	69,934	102,141	146,159	209,576
Amortization of intangible assets	32,687	33,611	65,323	67,301
General and administrative expenses	176,653	167,081	342,824	332,618
Interest expense, net	43,852	50,571	82,893	102,630
Equity in earnings of unconsolidated affiliates, net	(7,043)	(5,892)	(17,356)	(15,111)
Loss on extinguishment of debt	—	11,344	—	11,344
Other (income) expense, net	(1,334)	(1,329)	(2,939)	1,884
Income before income taxes	$120,793	$63,112	$129,737	$17,574
Provision for income taxes	(30,660)	(19,344)	(27,276)	(8,265)
Net income	$90,133	$43,768	$102,461	$9,309
Net income attributable to non-controlling interests	4,367	9,780	6,792	16,501
Net income (loss) attributable to MasTec, Inc.	$85,766	$33,988	$95,669	$(7,192)
Earnings (loss) per share (Note 2):
Basic earnings (loss) per share	$1.10	$0.44	$1.23	$(0.09)
Basic weighted average common shares outstanding	77,684	78,038	77,937	77,984
Diluted earnings (loss) per share	$1.09	$0.43	$1.21	$(0.09)
Diluted weighted average common shares outstanding	78,521	78,860	78,750	77,984

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.