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SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

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,
Revenues			2025						2024						2025						2024
E-Infrastructure Solutions			$	417,106					$	263,899					$	945,775					$	689,687
Transportation Solutions			170,490						227,251						487,948						608,995
Building Solutions			101,423						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 Solutions			26,356						32,066						71,815						79,200
Building Solutions			15,511						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 Solutions			5,405						(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 Solutions			24,377						18,573						61,605						42,154
Building Solutions			10,752						12,249						32,959						42,837
Segment Operating Income			141,743						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,
Depreciation						2025						2024						2025						2024
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,
Assets						2025						2024
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

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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