TUTOR PERINI CORP
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
TPC$94.70+5.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended December 31, | |||
|---|---|---|---|
| (in thousands, except per common share amounts) | 2025 | 2024 | 2023 |
| REVENUE | $5,543,039 | $4,326,922 | $3,880,227 |
| COST OF OPERATIONS | (4,895,524) | (4,129,884) | (3,739,603) |
| GROSS PROFIT | 647,515 | 197,038 | 140,624 |
| General and administrative expenses | (415,554) | (300,791) | (255,221) |
| INCOME (LOSS) FROM CONSTRUCTION OPERATIONS | 231,961 | (103,753) | (114,597) |
| Other income, net | 27,512 | 19,878 | 17,200 |
| Interest expense | (54,965) | (89,133) | (85,157) |
| INCOME (LOSS) BEFORE INCOME TAXES | 204,508 | (173,008) | (182,554) |
| Income tax (expense) benefit | (61,427) | 50,669 | 54,957 |
| NET INCOME (LOSS) | 143,081 | (122,339) | (127,597) |
| LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 62,641 | 41,382 | 43,558 |
| NET INCOME (LOSS) ATTRIBUTABLE TO TUTOR PERINI CORPORATION | $80,440 | $(163,721) | $(171,155) |
| BASIC EARNINGS (LOSS) PER COMMON SHARE | $1.53 | $(3.13) | $(3.30) |
| DILUTED EARNINGS (LOSS) PER COMMON SHARE | $1.51 | $(3.13) | $(3.30) |
| WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING: | |||
| BASIC | 52,693 | 52,322 | 51,845 |
| DILUTED | 53,413 | 52,322 | 51,845 |
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