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Get filing alertsMasTec reports record Q2 revenue of $4.4B (+23% YoY), raises full-year EPS guidance to $9.30
Filed July 30, 2026 · Period ending July 24, 2026 · ~1 min read
Key Changes
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Exhibit 99.1 view on EDGAR →
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Full-year 2026 guidance raised: revenue to $18.2B, adjusted diluted EPS to $9.30 (+42% YoY), and adjusted EBITDA to $1.6B at 8.8% margin.
Item 7.01 verify on EDGAR → -
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18-month backlog reached record $21.4B, up $4.9B (+30%) YoY and $1.1B sequentially, driven by 58% YoY growth in Clean Energy and Infrastructure segment.
Exhibit 99.1 view on EDGAR → -
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Completed acquisition of The Superior Group, a full-service electrical contractor with ~3,000 employees specializing in data center infrastructure and serving healthcare, entertainment, and industrial markets.
Exhibit 99.1 view on EDGAR → -
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Appointed Alexander Benjamin Spiro as Class III director (expanding board from 9 to 10 members) and to the Compensation Committee, serving until 2027 annual meeting under standard non-employee director compensation.
Item 5.02 verify on EDGAR →
Summary
MasTec delivered strong second-quarter 2026 results and raised its full-year outlook, signaling accelerating momentum across its infrastructure services business. Revenue of $4.4 billion grew 23% year-over-year to a quarterly record, while adjusted diluted EPS of $2.22 rose 49% and adjusted EBITDA margin expanded 100 basis points to 8.8%.
Management raised full-year 2026 adjusted diluted EPS guidance to $9.30 (up 42% year-over-year) and revenue guidance to $18.2 billion, reflecting confidence in execution and demand visibility. The company's record 18-month backlog of $21.4 billion—up $4.9 billion year-over-year—provides strong revenue visibility, with Clean Energy and Infrastructure backlog growing 58% year-over-year.
MasTec also closed the acquisition of The Superior Group, a data center-focused electrical contractor with approximately 3,000 employees, expanding its service capabilities in high-growth end markets. The board appointed Alexander Benjamin Spiro as a new Class III director and Compensation Committee member, expanding the board to ten members. For retail holders, the combination of accelerating earnings growth, raised guidance, and record backlog suggests MasTec is capitalizing on infrastructure investment tailwinds, though execution on the expanded backlog and integration of Superior will be key to sustaining the growth trajectory.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
MasTec filed an 8-K referencing Item 2.02 (Results of Operations and Financial Condition), but the filing body is incomplete or truncated.
Added in current filing · verify on EDGAR →
ITEM 2.02 Results of Operations and Financial Condition.
The information contained in
The 8-K invokes Item 2.02, which typically announces earnings results or furnishes financial information (often via a press release or presentation). However, the filing text provided is incomplete — it cuts off mid-sentence after 'The information contained in' — so the actual disclosure content, financial figures, and any attached exhibits are not available for review. Investors should obtain the complete filing from EDGAR to assess the results disclosed.
Event · Item 7.01 — Regulation FD Disclosure
Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.
Added in current filing · view on EDGAR → · paraphrased
Revenue for the second quarter of 2026 was $3.0 billion
MasTec reported second quarter 2026 revenue of $3.0 billion. This represents the company's top-line performance for the three months ended June 30, 2026.
Added in current filing · view on EDGAR → · paraphrased
Adjusted EBITDA for the second quarter of 2026 was $293 million, or 9.8% of revenue
MasTec reported adjusted EBITDA of $293 million for Q2 2026, representing a 9.8% margin on revenue. This non-GAAP measure excludes certain items and provides insight into operational profitability.
Added in current filing · view on EDGAR → · paraphrased
Adjusted diluted earnings per share for the second quarter of 2026 was $1.36
MasTec reported adjusted diluted earnings per share of $1.36 for the second quarter of 2026. This non-GAAP measure excludes certain items to provide a normalized view of per-share profitability.
Added in current filing · view on EDGAR → · paraphrased
18-month backlog at the end of the second quarter of 2026 was $10.5 billion
MasTec disclosed an 18-month backlog of $10.5 billion as of the end of Q2 2026. This metric provides visibility into contracted future revenue over the next year and a half.
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On July 24, 2026, the Board of Directors (the “Board”) of MasTec, Inc. (the “Company”) appointed Mr. Alexander Benjamin Spiro as a Class III director to fill a vacancy in that Board Class following an increase in the size of the Board from nine (9) to ten (10) directors. In accordance with the Company’s Amended and Restated Bylaws and the Florida Business Corporation Act, Mr. Spiro will serve for an initial term ending at the Company’s 2027 Annual Meeting of Shareholders. Mr. Spiro has also been appointed to the Compensation Committee of the Board.
The Board expanded from nine to ten directors and appointed Alexander Benjamin Spiro to fill the new Class III seat. He will serve until the 2027 annual meeting and joins the Compensation Committee. The appointment follows standard governance procedures with no special arrangements disclosed.
Added in current filing · verify on EDGAR →
On July 30, 2026, the Company announced its financial results for the six months and quarter ended June 30, 2026. In addition, the Company issued guidance for the quarter ending September 30, 2026 and year ending December 31, 2026, in each case as set forth in the earnings press release.
MasTec released second quarter and first half 2026 financial results and provided forward guidance for Q3 2026 and full year 2026. The detailed results and guidance figures are contained in the earnings press release attached as Exhibit 99.1.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Mr. Spiro will participate in the standard non-employee director compensation arrangements described under the section entitled “Compensation of Directors” in the Company’s 2026 Proxy Statement, filed with the Securities and Exchange Commission on April 9, 2026.
The new director will receive the same compensation as other non-employee directors under the arrangements disclosed in the April 2026 proxy statement. No special compensation terms were negotiated for this appointment.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Revenue of $4.4 billion, a quarterly record, increased 23% year-over-year ... Diluted EPS of $1.65 and Adjusted Diluted EPS of $2.22, both second quarter records, increased 51% and 49% year-over-year, respectively ... GAAP Net Income of $145.7 million and Adjusted EBITDA of $384.2 million, both second quarter records, increased by 62% and 40% year-over-year, respectively
MasTec delivered record second-quarter results with revenue reaching $4.4 billion (up 23% year-over-year), GAAP diluted EPS of $1.65 (up 51%), and adjusted diluted EPS of $2.22 (up 49%). Adjusted EBITDA margin expanded 100 basis points to 8.8%, driven by strong execution across segments. Net income of $145.7 million increased 62% year-over-year.
Added in current filing · view on EDGAR →
Updated Full Year Diluted EPS guidance to $6.20, a 22% year-over-year increase; Increased Full Year Adjusted Diluted EPS guidance to $9.30, a 42% year-over-year increase
MasTec raised its full-year 2026 guidance, now expecting diluted EPS of $6.20 (up 22% year-over-year) and adjusted diluted EPS of $9.30 (up 42% year-over-year). The company also guided to full-year revenue of $18.2 billion and adjusted EBITDA of $1.6 billion with an 8.8% margin.
Added in current filing · view on EDGAR → · paraphrased
Revenue $ 4,930 ... GAAP diluted earnings per share $ 2.03 ... Adjusted diluted earnings per share $ 2.98 ... Adjusted EBITDA $ 482 ... Adjusted EBITDA margin 9.8%
For the third quarter of 2026, MasTec expects revenue of $4.93 billion, GAAP diluted EPS of $2.03, and adjusted diluted EPS of $2.98. Adjusted EBITDA is projected at $482 million with a 9.8% margin, reflecting continued strong operational performance.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 31, 2026 · How we verify