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SEGMENT INFORMATION
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION
17.SEGMENT INFORMATION
The Company’s internal and public segment reporting are aligned based upon the services offered by its operating segments. The Company’s operations consist of three reportable segments: E-Infrastructure Solutions, Transportation Solutions and Building Solutions. The segment information for the prior periods presented has been recast to conform to the current presentation. The Company’s CODM, which is the Company’s Chief Executive Officer, uses both segment gross profit and operating income for each segment predominantly in the annual budget and forecasting process. The CODM considers budget-to-actual variances of both profit measures when making decisions about allocating capital and personnel to the segments. We incur certain expenses at the corporate level that relate to our business as a whole. A portion of these expenses are allocated to our business segments by various methods, but primarily on the basis of usage. The balance of the corporate level expenses are reported in the “Corporate G&A Expense” line, which is primarily comprised of corporate headquarters facility expense, the cost of the executive management team, and other expenses pertaining to certain centralized functions that benefit the entire Company but are not directly attributable to any specific business segment, such as corporate human resources, legal, governance, compliance and finance functions. Total assets held at Corporate primarily include cash and prepaid assets.
The following table presents segment revenues, significant segment expenses, and measures of segment profit or loss for the three and nine months ended September 30, 2025 and 2024:
Three Months Ended September 30,Nine Months Ended September 30,
Revenues2025202420252024
E-Infrastructure Solutions$417,106 $263,899 $945,775 $689,687 
Transportation Solutions170,490 227,251 487,948 608,995 
Building Solutions101,423 102,591 300,713 318,241 
Total Revenues$689,019 $593,741 $1,734,436 $1,616,923 
Cost of Revenues
E-Infrastructure Solutions$(288,757)$(182,683)$(656,459)$(504,662)
Transportation Solutions(144,134)(195,185)(416,133)(529,795)
Building Solutions(85,912)(86,074)(253,648)(263,020)
Total Cost of Revenues$(518,803)$(463,942)$(1,326,240)$(1,297,477)
Gross Profit
E-Infrastructure Solutions$128,349 $81,216 $289,316 $185,025 
Transportation Solutions26,356 32,066 71,815 79,200 
Building Solutions15,511 16,517 47,065 55,221 
Total Gross Profit$170,216 $129,799 $408,196 $319,446 
General and Administrative Expense
E-Infrastructure Solutions$(17,656)$(10,168)$(42,280)$(29,184)
Transportation Solutions(7,384)(7,210)(21,292)(21,843)
Building Solutions(2,803)(2,960)(9,045)(8,446)
Segment General and Administrative Expense(27,843)(20,338)(72,617)(59,473)
Corporate(9,742)(10,334)(33,586)(26,353)
Total General and Administrative Expense$(37,585)$(30,672)$(106,203)$(85,826)
Intangible Amortization
E-Infrastructure Solutions$(4,079)$(2,973)$(10,013)$(8,919)
Transportation Solutions— — — — 
Building Solutions(1,956)(1,307)(5,061)(3,938)
Total Intangible Amortization$(6,035)$(4,280)$(15,074)$(12,857)
Other Operating Income (Expense), Net
E-Infrastructure Solutions$— $— $— $— 
Transportation Solutions5,405 (6,283)11,082 (15,203)
Building Solutions— — — — 
Total Other Operating Income (Expense), Net$5,405 $(6,283)$11,082 $(15,203)
Operating Income
E-Infrastructure Solutions$106,614 $68,076 $237,023 $146,922 
Transportation Solutions24,377 18,573 61,605 42,154 
Building Solutions10,752 12,249 32,959 42,837 
Segment Operating Income141,743 98,898 331,587 231,913 
Corporate G&A Expense
(9,742)(10,334)(33,586)(26,353)
Acquisition Related Costs(5,349)(72)(8,023)(209)
Earn-out Expense(1,343)(1,000)(4,029)(3,000)
Total Operating Income$125,309 $87,492 $285,949 $202,351 
The following table presents depreciation by reportable segment:
Three Months Ended September 30,Nine Months Ended September 30,
Depreciation2025202420252024
E-Infrastructure Solutions$(10,569)$(8,892)$(30,340)$(25,550)
Transportation Solutions(2,589)(3,721)(7,015)(10,762)
Building Solutions(394)(244)(1,129)(742)
Corporate(326)(226)(968)(635)
Total Depreciation$(13,878)$(13,083)$(39,452)$(37,689)
The following table presents assets by reportable segment:
September 30,December 31,
Assets20252024
E-Infrastructure Solutions
$1,801,744 $958,107 
Transportation Solutions
312,569 178,143 
Building Solutions
260,069 238,776 
Corporate
187,885 641,748 
Total Assets$2,562,267 $2,016,774