MasTec (MTZ) Q2 Revenue Jumps 20%
(NYSE:MTZ), a major engineering and infrastructure construction company serving the energy, utility, and communications sectors, reported results for Q2 2025 on July 31, 2025. The standout headline: Revenue (GAAP) and non-GAAP earnings per share both beat analyst forecasts. Revenue (GAAP) reached $3.54 billion, handily exceeding the analyst revenue estimate of $3.40 billion (GAAP), while non-GAAP EPS came in at $1.49, ahead of the $1.40 non-GAAP forecast. These results were driven by broad-based growth in key segments, with a record 18-month backlog of $16.5 billion, signaling continued strong demand. However, despite the top-line success, the company reported a sharp contraction in operating cash flow and only slight growth in adjusted EBITDA, leading to a nuanced overall quarter that mixed operational wins with cash management concerns.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
MasTec operates as a diversified infrastructure construction company. It delivers engineering, installation, maintenance, and upgrade services for utility, communications, and energy networks in North America. Its core business segments include Communications, Clean Energy and Infrastructure, Power Delivery, and Pipeline Infrastructure.
Source Fool.com
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