Total Revenue

+16% (from $1,494.1M to $1,734.3M)

Revenue increased by 16% YoY, driven by momentum from organic contract wins and acquisitions that built on trends seen in previous periods. The current growth reflects improvements in market demand as experienced before, further boosting the revenue base. " " "

Federal Solutions

+19% (from $843.3M to $1,003.3M)

Federal Solutions revenue grew by 19% YoY, underpinned by strong organic growth and contributions from acquisitions. This robust performance builds on previous periods where targeted contract wins and strategic deals, such as with SealingTech and BlackSignal, had already enhanced the segment’s performance. " "

Critical Infrastructure

+12% (from $650.9M to $731.0M)

Critical Infrastructure revenue increased by 12% YoY, primarily due to steady organic growth driven by improved project volumes. While growing more modestly compared to Federal Solutions, this rate of increase aligns with historical trends that saw stable market demand in the segment. " "

North America

+17.7% (from $1,229.96M to $1,445.22M)

North America revenue rose by 17.7% YoY, driven by robust infrastructure investments and new contract wins. This increase builds on previous period momentum enhanced by favorable market conditions and significant government investment initiatives. " "

Operating Income

+29% (from $77,444K to $99,812K)

Operating income increased by 29% YoY, reflecting the benefits of higher revenue coupled with improved cost management and margin expansion initiatives. The enhanced performance is consistent with prior periods where tighter SG&A control and margin-accretive contracts boosted profitability. " "

Net Income & EPS

+347% (Net Income from $44,908K to $201,285K; EPS from $0.42 to $1.89)

Net income surged by 347% YoY and EPS nearly quintupled, driven by the compounded effects of strong revenue growth, operational efficiencies, and a favorable cost structure. This remarkable uptick reinforces ongoing trends from earlier periods that had set the stage for leveraging higher margins and better profitability. " "

Cash Flow

Negative $105,275K (vs. prior quarter’s +$30,361K)

The cash flow volatility is attributed to significant adjustments in non-cash items and working capital fluctuations. These factors, which contrast with the previous quarter’s positive cash generation, reflect temporary operational and accounting adjustments rather than a sustained decline in liquidity. "