MasTec — Jul 24, 2026 release

The addition of Superior further enhances our capabilities and our confidence in MasTec’s ability to significantly exceed our three-year financial objectives provided at our recent Investor Day.” Second Quarter 2026 Results Dollars in millions, except per share amounts 2Q'26 2Q'25 Change Revenue $ 4,374  $ 3,545  23.4  % Operating income $ 226  $ 158  43.1  % GAAP net income $ 146  $ 90  61.7  % GAAP net income margin 3.3  % 2.5  % 80 bps Adjusted net income $ 191  $ 122  57.0  % Adjusted EBITDA $ 384  $ 275  39.8% Adjusted EBITDA margin 8.8  % 7.8  % 100 bps GAAP diluted earnings per share $ 1.65  $ 1.09  51.0% Adjusted diluted earnings per share $ 2.22  $ 1.49  48.8% Cash provided by operating activities $ 21  $ 6  280.2  % Free cash flow $ (59) $ (45) (31.1) % 18-month backlog $ 21,391  $ 16,452  30.0  % Second Quarter 2026 Segment Highlights Communications Dollars in millions, unless noted 2Q'26 2Q'25 Change Revenue $ 888.9  $ 836.9  6.2  % EBITDA $ 73.1  $ 82.6  (11.6) % EBITDA margin % 8.2  % 9.9  % (170) bps Clean Energy and Infrastructure Dollars in millions, unless noted 2Q'26 2Q'25 Change Revenue $ 1,622.1  $ 1,131.4  43.4  % EBITDA $ 128.2  $ 83.3  53.9  % EBITDA margin % 7.9  % 7.4  % 50 bps Power Delivery Dollars in millions, unless noted 2Q'26 2Q'25 Change Revenue $ 1,245.8  $ 1,045.6  19.2  % EBITDA $ 113.0  $ 91.3  23.7  % EBITDA margin % 9.1  % 8.7  % 30 bps Pipeline Infrastructure Dollars in millions, unless noted 2Q'26 2Q'25 Change Revenue $ 642.8  $ 539.7  19.1  % EBITDA $ 118.5  $ 62.1  91.0  % EBITDA margin % 18.4  % 11.5  % 690 bps 2026 Financial Guidance Update Dollars in millions, except per share amounts 3Q'26E Full Year 2026E Revenue $ 4,930 $ 18,200 GAAP net incom