MTZ — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-10-29

• Equity in earnings of integral unconsolidated affiliates, net(12.2)(0.2)%— — %(12.2)— %

• Revenue. On a consolidated basis, revenue increased by $1,185 million, or 30%, driven by our segment results. See Analysis of Revenue and EBITDA by Segment for further details. Organic revenue increased by approximately $469 million, or 12%, as compared with the same period in 2025, and acquisitions…

• Costs of revenue, excluding depreciation and amortization. Higher levels of revenue contributed an increase of $1,025 million in costs of revenue, excluding depreciation and amortization, and reduced productivity contributed an increase of approximately $38 million. Costs of revenue, excluding depre…

• Depreciation. Organic depreciation expense increased by approximately $17 million, or 24%, driven primarily by higher capital expenditures to support operational growth and the replacement of older machinery and equipment. Acquisitions contributed approximately $5 million of depreciation expense for…

• Amortization of intangible assets. Amortization expense increased for the three months ended September 30, 2026, primarily due to approximately $45 million of additional amortization associated with acquisitions, offset, in part, by a decrease of $3 million resulting from the timing of amortization …

Text removed vs the prior filing · source: 10-Q · 2026-07-30

• storage. The OBBBA, along with other evolving trade and immigration policies, may have both positive and negative effects on our business, including, but not limited to, shifts in the timing, type and scope of customer projects, fluctuations in demand for our services, and changes in capital and lab…

• 2026 differs from the amount of remaining performance obligations expected to be recognized for the same period due primarily to the inclusion of approximately $1.9 billion of estimated future revenue under master service and other service agreements included within our backlog estimate, which is no…

• Revenue. On a consolidated basis, revenue increased by $829 million, or 23%, driven by our segment results. See Analysis of Revenue and EBITDA by Segment for further details. Organic revenue increased by approximately $634 million, or 18%, as compared with the same period in 2025, and acquisitions c…

• Costs of revenue, excluding depreciation and amortization. Higher levels of revenue contributed an increase of $727 million in costs of revenue, excluding depreciation and amortization, and improved productivity contributed a decrease of approximately $19 million. Costs of revenue, excluding depreci…

• Depreciation. Organic depreciation expense increased by approximately $13 million, or 19%, driven primarily by higher capital expenditures to support operational growth and the replacement of older machinery and equipment. Acquisitions contributed approximately $3 million of depreciation expense for…

Text added vs the prior filing · source: 10-Q · 2026-10-29

• Changes in Internal Control Over Financial Reporting. We acquired 4 businesses during the nine months ended September 30, 2026, and are in the process of integrating the acquired businesses into our internal control over financial reporting.

• Except as noted above, there have been no changes in the Company’s internal control over financial reporting during the quarter ended September 30, 2026 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2026-07-30

• Changes in Internal Control Over Financial Reporting. There have been no changes in the Company’s internal control over financial reporting during the quarter ended June 30, 2026 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financi…

Text removed vs the prior filing · source: 10-Q · 2026-07-30

• NameTitleType of PlanActionDate of ActionDuration of PlanAggregate Number of Securities Covered Under the Plan

• T. Michael LoveChief Accounting OfficerRule 10b5-1Adopted5/18/2026(1)(1)

• Robert AppleChief Operating OfficerRule 10b5-1Terminated6/5/2026(2)(2)

• (1)On May 18, 2026, T. Michael Love, Chief Accounting Officer, adopted a Rule 10b5-1 sell-to-cover instruction plan that provides for the sale of shares of common stock necessary to satisfy tax withholding obligations arising exclusively from the vesting of shares of restricted stock on November 1, …

• (2)On June 5, 2026, Robert Apple, Chief Operating Officer, terminated a Rule 10b5-1 plan, which was previously adopted on March 13, 2026. The terminated trading plan provided for the potential sale of up to 30,079 shares of our common stock, and was scheduled to be effective from June 12, 2026 until…