Construction Partners, Inc. has announced its preliminary financial results for fiscal year 2026, showcasing impressive growth in revenue and net income. The company also provided its outlook for fiscal year 2027, indicating a positive trajectory despite facing challenges such as rising diesel fuel costs and adverse weather conditions.
In a press release dated November 5, 2026, Construction Partners, Inc. (NASDAQ: ROAD), a company focused on civil infrastructure and roadway construction, reported that revenue for fiscal 2026 is expected to be between $3.660 billion and $3.680 billion, marking an approximate 30% increase from $2.812 billion in fiscal 2025. Net income is projected to rise by about 40%, reaching between $141.5 million and $142.5 million compared to $101.8 million the previous year.
Fred J. (Jule) Smith, III, President and CEO of Construction Partners, emphasized the company's successful execution of its growth strategies, which included completing seven acquisitions across four states and establishing four new locations. He stated, "Fiscal 2026 was a successful year for CPI, highlighted by record financial performance and significant year-over-year growth, with revenue increasing approximately 30%, net income rising approximately 40%, and Adjusted EBITDA growing approximately 23%." Smith also acknowledged the challenges faced in the fourth quarter, including unusually wet weather and rising diesel prices, which impacted profitability.
Looking ahead, the company anticipates approximately 15% growth in both revenue and Adjusted EBITDA for fiscal 2027. The preliminary financial results and outlook reflect Construction Partners' commitment to maintaining its growth trajectory while adapting to market conditions.
In addition to the financial results, the filing also disclosed that on November 4, 2026, Construction Partners completed an acquisition transaction. The details of this acquisition were not specified in the filing, but it indicates the company's ongoing strategy to expand its operations and strengthen its market position.
Construction Partners operates in the heavy construction industry, specifically focusing on civil infrastructure projects. The company's recent accomplishments and growth strategies are expected to influence competitors in the sector, who may need to reassess their approaches in light of rising costs and market dynamics.
The filing does not specify what happens next for the company following this announcement, but the strong financial performance and strategic acquisitions position Construction Partners favorably for future growth.
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