MASTEC INCMTZEarnings & Financial Report
Mastec, Inc. is an American infrastructure engineering and construction company based in Coral Gables, Florida. The company provides engineering, building, installation, maintenance and upgrade of energy, utility and communications infrastructure. Its customers are primarily in the utility, communications and government industries.
Revenue
$4.0B
Gross Profit
N/A
Operating Profit
$211.6M
Net Profit
$160.7M
Gross Margin
N/A
Operating Margin
5.3%
Net Margin
4.0%
YoY Growth
22.0%
EPS
$2.04
MASTEC INC Q3 FY2025 Financial Summary
MASTEC INC reported revenue of $4.0B (up 22.0% YoY) for Q3 FY2025, with a net profit of $160.7M (up 68.7% YoY) (4.0% margin).
Key Financial Metrics
| Total Revenue | $4.0B |
|---|---|
| Net Profit | $160.7M |
| Gross Margin | N/A |
| Operating Margin | 5.3% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
MASTEC INC Q3 FY2025 revenue of $4.0B breaks down across 4 segments, led by Clean Energy And Infrastructure at $1.4B (34.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Clean Energy And Infrastructure | $1.4B | 34.4% |
| Power Delivery | $1.1B | 28.0% |
| Communications | $914.6M | 23.1% |
| Pipeline Infrastructure | $597.8M | 15.1% |
MASTEC INC Revenue by Segment — Quarterly Trend
MASTEC INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Clean Energy And Infrastructure and Power Delivery) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Clean Energy And Infrastructure | $1.3B | $1.4B | $1.1B | $915.8M |
| Power Delivery | $1.1B | $1.1B | $1.0B | $899.7M |
| Communications | $906.7M | $914.6M | $836.9M | $680.9M |
| Pipeline Infrastructure | $643.8M | $597.8M | $539.7M | $356.5M |
MASTEC INC Annual Revenue by Year
MASTEC INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $14.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $14.3B |
| 2024 | $12.3B |
| 2023 | $12.0B |
| 2022 | $9.8B |
MASTEC INC Quarterly Revenue & Net Profit History
MASTEC INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $3.9B | +15.8% | $142.7M | 3.6% |
| Q3 FY2025 | $4.0B | +22.0% | $160.7M | 4.0% |
| Q2 FY2025 | $3.5B | +19.7% | $85.8M | 2.4% |
| Q1 FY2025 | $2.8B | +6.0% | $9.9M | 0.3% |
| Q4 FY2024 | $3.4B | +3.8% | $74.7M | 2.2% |
| Q3 FY2024 | $3.3B | -0.1% | $95.2M | 2.9% |
| Q2 FY2024 | $3.0B | +3.0% | $34.0M | 1.1% |
| Q1 FY2024 | $2.7B | +4.0% | $-41.2M | -1.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.69B | $2.96B | $3.25B | $3.40B | $2.85B | $3.54B | $3.97B | $3.94B |
| YoY Growth | 4.0% | 3.0% | -0.1% | 3.8% | 6.0% | 19.7% | 22.0% | 15.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.75B | $8.68B | $8.76B | $8.98B | $8.86B | $9.13B | $9.69B | $9.92B |
| Liabilities | $6.06B | $5.94B | $5.93B | $5.99B | $5.91B | $6.12B | $6.51B | $6.59B |
| Equity | $2.67B | $2.71B | $2.81B | $2.91B | $2.88B | $2.95B | $3.11B | $3.26B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $107.8M | $264.4M | $277.7M | $471.7M | $78.4M | $5.6M | $89.0M | $372.7M |