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Arcosa, Inc.

CIK:0001739445|SEC Filings

Consolidated Statements of Operations (unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenues	$ 658.7	$ 647.5	$ 1,230.4	$ 1,195.1
Cost of revenues	503.0	497.2	953.8	936.9
Gross profit	155.7	150.3	276.6	258.2
Operating costs:
Selling, general, and administrative expenses	89.1	70.0	164.9	141.0
Other operating income	(17.7)	(1.7)	(19.7)	(5.8)
Operating profit	84.3	82.0	131.4	123.0
Interest expense	23.1	28.5	47.1	56.8
Interest income	(3.7)	(1.3)	(5.3)	(3.1)
Other nonoperating (income) expense	2.6	(2.2)	2.7	(2.1)
Income from continuing operations before income taxes	62.3	57.0	86.9	71.4
Provision for income taxes	11.4	6.5	12.7	9.3
Income from continuing operations	50.9	50.5	74.2	62.1
Income from discontinued operations, net of income taxes	277.6	9.2	292.1	21.2
Net income	$ 328.5	$ 59.7	$ 366.3	$ 83.3
Net income per common share:
Basic from continuing operations (in dollars per share)	$ 1.03	$ 1.03	$ 1.51	$ 1.27
Basic from discontinued operations (in dollars per share)	5.65	0.19	5.94	0.43
Basic (in dollars per share)	6.68	1.22	7.45	1.70
Diluted from continuing operations (in dollars per share)	1.03	1.03	1.51	1.27
Diluted from discontinued operations (in dollars per share)	5.64	0.19	5.92	0.43
Diluted (in dollars per share)	$ 6.67	$ 1.22	$ 7.43	$ 1.70
Weighted average number of shares outstanding:
Basic (in shares)	49.1	48.9	49.1	48.8
Diluted (in shares)	49.2	49.0	49.2	48.9
Dividends declared per common share	$ 0.05	$ 0.05	$ 0.10	$ 0.10

Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025	Dec. 31, 2025
Operating activities:
Net income	$ 328.5	$ 59.7	$ 366.3	$ 83.3
Income from discontinued operations, net of income taxes	277.6	9.2	292.1	21.2
Income from continuing operations	50.9	50.5	74.2	62.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion, and amortization	58.0	54.2	111.5	105.9
Stock-based compensation expense			12.3	12.8
Gain on disposition of assets and sale of businesses			(19.7)	(5.8)
Provision for deferred income taxes			20.8	9.1
(Increase) decrease in other assets			0.6	2.0
Increase (decrease) in other liabilities			0.3	(3.5)
Other			(0.3)	(2.0)
Changes in current assets and liabilities:
(Increase) decrease in receivables			(140.1)	(130.6)
(Increase) decrease in inventories			(22.6)	(37.1)
(Increase) decrease in other current assets			(5.8)	13.5
Increase (decrease) in accounts payable			9.1	63.8
Increase (decrease) in advance billings			3.5	(63.8)
Increase (decrease) in accrued liabilities			(10.4)	(9.5)
Net cash provided by operating activities - continuing operations			33.4	16.9
Net cash provided by operating activities - discontinued operations			27.3	43.6
Net cash provided by operating activities			60.7	60.5
Investing activities:
Proceeds from disposition of assets			39.1	10.8
Capital expenditures			(102.3)	(60.0)
Cash (paid) received for acquisitions			(84.7)	17.6
Net cash required by investing activities - continuing operations			(147.9)	(31.6)
Net cash provided (required) by investing activities - discontinued operations			428.5	(1.8)
Net cash provided (required) by investing activities			280.6	(33.4)
Financing activities:
Payments to retire debt			(87.6)	(6.6)
Shares repurchased			(17.5)	0.0
Dividends paid to common stockholders			(4.9)	(5.0)
Purchase of shares to satisfy employee tax on vested stock			(13.8)	(12.4)
Debt issuance costs			0.0	(0.7)
Net cash required by financing activities - continuing operations			(123.8)	(24.7)
Net increase in cash and cash equivalents			217.5	2.4
Cash and cash equivalents at beginning of period			214.6	187.3	$ 187.3
Cash and cash equivalents at end of period	$ 432.1	$ 189.7	$ 432.1	$ 189.7	$ 214.6