Construction Partners, Inc. (ROAD) Earnings Call Transcripts

Construction Partners, Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal 2026, Construction Partners, Inc. reported revenue of $769.2 million, reflecting a robust 35% year-over-year increase, driven by both organic growth and acquisitions. Adjusted EBITDA rose to $93.3 million, marking a 35% increase, with an adjusted EBITDA margin of 12.1%. Management raised their full-year guidance, now expecting revenue between $3.59 billion and $3.65 billion, indicating strong demand and a solid backlog of $3.14 billion, which covers 80-85% of the next 12 months' contract revenue.

Reported metrics

Guidance from management

Management raised their revenue guidance for fiscal 2026 to a range of $3.59 billion to $3.65 billion, reflecting confidence in sustained demand and operational efficiency.

What management said

Yes. Kathryn, I'll speak to just the M&A environment since you asked. And call on Ned, who works closely with us on just growth strategy. And then Greg can give you sort of the modeling question. But we've had a busy year with M&A. We continue to talk to a lot of folks in a number of states. I mean, we said that the three acquisition -- platform acquisitions we did last year, would create opportunities in those state...

Yes, Kathryn. As far as your modeling questions, so the remaining 6 months, we'll have about $225 million, $235 million of acquisitive revenue. If you do the math there on the center of our guide, that puts us about right in the heart of that 7% to 8% organic growth with our 11% in Q2. Organic growth, that kind of is a 7% to 8% organic guide all year.

What analysts pressed on

Analysts expressed concerns regarding the impact of potential energy cost fluctuations on margins and the implications of ongoing M&A activity on integration and profitability. There were also questions about the risk profile associated with larger commercial projects, particularly data centers.

Main topics on the call

• Revenue Growth — Construction Partners achieved a revenue increase of 35% year-over-year, with $769.2 million reported for Q2. CEO Jule Smith noted, "Favorable weather in the quarter provided the ability to advance work efficiently and e...
• Raised Guidance — Management raised their fiscal 2026 revenue guidance to a range of $3.59 billion to $3.65 billion. CFO Gregory Hoffman stated, "We continue to anticipate organic growth of approximately 7% to 8%."
• Strong Backlog — The company reported a backlog of $3.14 billion, which covers 80-85% of the next 12 months' contract revenue. This reflects a solid pipeline of projects, particularly in public infrastructure and commercial development.
• Acquisition Strategy — The recent acquisition of Four Star Paving is expected to enhance the company's market position in Tennessee. Smith highlighted that Four Star is "the premier commercial paving contractor in the Nashville Metro area," in...

Read the full Construction Partners, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 29 Construction Partners, Inc. earnings call transcripts on record, spanning February 7, 2020 to May 8, 2026. Based on this history, Construction Partners, Inc. reports quarterly. The most recent call on file is dated May 8, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ROAD

Exchange

NasdaqGS

Country

US

Sector

Industrials

Industry

Construction and Engineering

Calls on record

29

First call

February 7, 2020

Most recent

May 8, 2026

Reporting cadence

quarterly