Centuri 2026年季度报告

FORM 10-Q_________________________ OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Number 001-42022_________________________ Centuri Holdings, Inc.(Exact name of registrant as specified in its charter) _________________________ 93-1817741 Delaware (I.R.S. EmployerIdentification No.) (623)582-1235Registrant’s telephone number, including area code Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo As of July31, 2026, the number of outstanding shares of Common Stock of the Registrant was 100,963,053. Table of Contents Part I - Financial InformationItem 1. Financial Statements(Unaudited)Item 2. Management's Discussion and Analysis of Financial Condition and Results of OperationsItem 3. Quantitative and Qualitative Disclosures About Market RiskItem 4. Controls and Procedures Part II - Other InformationItem 1. Legal ProceedingsItem 1A. Risk FactorsItem 2. Unregistered Sales of Equity Securities and Use of ProceedsItem 3. Defaults Upon Senior SecuritiesItem 4. Mine Safety DisclosuresItem 5. Other InformationItem 6. Exhibits Signatures CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements included in this Quarterly Report on Form 10-Q are “forward-looking statements” within the meaning of theU.S. federal securities laws. All statements other than historical factual information are forward-looking statements, including, withoutlimitation, statements regarding our possible or assumed future results of operations, business strategies, financing plans, competitiveposition, industry environment, potential growth opportunities and the effects of regulation and the economy, generally. Terminologysuch as “believe,” “anticipate,” “will,” “should,” “could,” “intend,” “plan,” “expect,” “estimate,” “project,” “target,” “may,”“possible,” “potential,” “forecast,” “positioned” and similar references to future periods are intended to identify forward-lookingstatements, although not all forward-looking statements are accompanied by such words. Specific forward-looking statements in this Quarterly Report on Form 10-Q include:•Our belief that our cash and cash equivalents are managed by high credit quality financial institutions; •Our belief that our capital resources, including existing cash balances, together with our operating cash flows and borrowingsunder our credit facilities, are sufficient to meet our financial obligations for the next 12 months and the foreseeable future;•Our belief that the trends listed in “Factors Affecting our Results of Operations” represent a significant challenge for utilities,but also an opportunity for outsourced utility infrastructure services companies to build and maintain more efficient,sustainable infrastructure that can meet the energy needs of future generations;•Our belief that we have taken steps to secure delivery of a sufficient amount of equipment and do not anticipate anysignificant disruptions with respect to our fleet in the near-term;•Our belief that we are well-positioned to serve the increased demand resulting from system integrity management programsto enhance safety pursuant to federal and state mandates;•Our belief that we are well-positioned to support growing customer attention in achieving environmental objectives throughinfrastructure construction and maintenance;•Our belief that we will continue to renegotiate some of our major contracts to address the increased costs of future work;•Our belief, with respect to our agreements with Southwest Gas Holdings, Inc., that