EarningsQ1 2026 Earnings Report
MX:ACA Q1 2026 EPS Results
Actual EPS$9.26
Consensus EPS$8.03
Beat/MissBeat by +$1.23
One Year Ago EPS$8.90
MX:ACA Q1 2026 Revenue Results
Actual Revenue$10.38B
Expected Revenue$11.67B
Beat/MissMissed by -$1.28B
YoY Revenue Growth-9.54%
Earnings Announcement Details
QuarterQ1 2026
Date04/30/2026
TimeAfter Close
Conference CallThursday, April 30, 2026
MX:ACA Upcoming Earnings
Arcosa's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q1 2026 Earnings Call Audio
MX:ACA Q1 2026 Earnings Call
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Q1 2026 Earnings Slide Deck
Q1 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call portrayed a predominantly positive outlook: strong Q1 financial results (10% adjusted EBITDA growth), record segment margins in Engineered Structures, record utility backlog (up 28%), improved cash flow and a materially stronger balance sheet post-barge divestiture, plus a guidance raise. Headwinds were highlighted—Construction Products EBITDA softness driven by seasonality and downtime, higher diesel costs (potential 4%–5% unit profit headwind if sustained), a transition-year decline in wind towers, and near-term start-up costs for capacity projects. Management has mitigating actions (pricing discipline, fuel surcharges, contractual tariff pass-throughs) and multi-year demand visibility for utility structures, leading to confidence in delivering improved 2026 results. Overall, positive operational momentum and balance sheet flexibility outweigh the near-term cost and market headwinds.Company Guidance
Q1 Adjusted EBITDA Growth and Margin Expansion
Adjusted EBITDA from continuing operations grew 10% year-over-year in Q1, with company-wide margin expansion of 100 basis points. Management raised full-year adjusted EBITDA guidance to $565 million at the midpoint, an $22.5 million increase from prior guidance and an 11% year-over-year increase implied at the midpoint.
Revenue and Guidance Raise
Full-year 2026 guidance (continuing operations) at the midpoint anticipates revenues of $2.65 billion, up roughly 6% year-over-year. Management increased full-year outlook driven by Engineered Structures strength and solid Construction Products execution.
Engineered Structures Outperformance and Record Margins
Engineered Structures segment revenues rose 4% in Q1 with utility and related structures delivering mid-teens revenue growth. Segment adjusted EBITDA increased ~21%, and segment margin reached a record 21.1%, up 300 basis points year-over-year. Management now expects segment adjusted EBITDA growth of ~10% at the midpoint for 2026.
Utility Structures Backlog and Demand Momentum
Utility and related structures ended the quarter with record backlog of $558 million, up 28% from the start of the year. Customer reservations (not in reported backlog) are described as robust, and several orders extend into 2028, supporting multi-year demand visibility.
Cash Flow, Balance Sheet Improvement and Divestiture
Operating cash flow from continuing operations was $58 million in Q1 versus a $21 million use in the prior year period. Free cash flow from continuing operations improved to $21 million from negative $49 million. Arcosa completed the $450 million barge divestiture (April 1) with estimated after-tax net proceeds of $370 million; pro forma net debt-to-adjusted EBITDA fell to 1.9x (from 2.3x at quarter end) and pro forma liquidity is approximately $1.1 billion.
Strategic M&A and Bolt-on Acquisition
Completed a $60 million bolt-on acquisition of a natural aggregates operation in Florida with accretive margins, supporting management's priority to deploy capital into natural and recycled aggregates and other high-return bolt-ons.
Operational Execution on Capacity Expansion
Successfully advanced key capacity projects: conversion of an idle Illinois wind-tower plant to utility poles (expected to produce large poles by end of Q2) and first dip completed at new galvanizing facility in Mexico with commercial operation expected in Q2; these moves aim to align capacity with strong utility demand.
Construction Products Aggregates Performance
Aggregates freight-adjusted revenues grew ~6% (2% pricing, 4% volume). Adjusted cash gross profit per ton increased 7% and adjusted cash gross profit margin improved ~220 basis points in aggregates. Trench shoring performed very strongly with revenues and adjusted EBITDA up ~26%.
MX:ACA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed