Arcosa delivered a solid QQ3 2025 quarter, recording revenue of $797.8 million, up 24.6% year over year and 8.3% quarter over quarter, driven by volume gains and favorable mix across the three segments. Gross profit was $191.9 million with a gross margin of 24.05%, contributing to an operating income of $112.3 million (operating margin ~14.08%) and net income of $73.0 million (net margin ~9.15%). Diluted EPS stood at $1.48â$1.49 for the quarter. The company generated meaningful cash flow with operating cash flow per share of $3.28 and free cash flow per share of $2.47, while maintaining a prudent balance sheet (debt ratio ~0.32, interest coverage ~4.1) and very healthy liquidity (current ratio 2.02, quick ratio 1.30). The favorable quarterly performance reflects a constructive demand environment in construction products, engineered structures (including wind-related projects), and transportation products, supported by disciplined cost management and a favorable mix. Absent explicit forward guidance in the data, the near-term outlook hinges on continued infrastructure capex and wind/utility sector activity, with investors should monitor capex cycles, input costs, backlog in high-margin segments, and the pace of share buybacks or capital allocation.