Construction Partners Reports Strong Q1, Raises Outlook

Acquisitions and favorable weather drive 44% revenue growth and 63% jump in adjusted EBITDA

Published on Feb. 5, 2026

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Construction Partners (NASDAQ:ROAD) reported a strong start to fiscal 2026, exceeding management's expectations in the first quarter. The company saw a 44% year-over-year increase in revenue and a 63% jump in adjusted EBITDA, driven by favorable weather, ongoing demand across its Sun Belt footprint, and contributions from recent acquisitions.

Why it matters

Construction Partners' robust performance in Q1 highlights the company's ability to capitalize on favorable market conditions and its successful integration of recent acquisitions. The strong results and raised outlook suggest the company is well-positioned to continue its growth trajectory in the infrastructure and construction sectors.

The details

CEO Jule Smith said the company delivered a 'strong start' to the year, pointing to a 44% year-over-year increase in first-quarter revenue and a 63% jump in adjusted EBITDA. Adjusted EBITDA margin reached 13.9%, which Smith said was the highest first-quarter margin in company history. The company ended the quarter with a project backlog of $3.09 billion as of December 31, 2025, with approximately 80% to 85% of the next 12 months' contract revenue covered by backlog.

  • Construction Partners reported its Q1 2026 results on February 6, 2026.

The players

Construction Partners

A specialty contractor and infrastructure solutions provider focused on road building, paving, site development and aggregate production.

Jule Smith

CEO of Construction Partners.

Greg Hoffman

CFO of Construction Partners.

Ned Fleming

Executive Chairman of Construction Partners.

GMJ Paving Company

An asphalt paving contractor focused on public infrastructure projects in the Greater Houston metro area, recently acquired by Construction Partners.

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What they’re saying

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What’s next

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The takeaway

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