Company: ACA
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001739445-25-000135
Chunk: 28

Company: Arcosa, Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 terms. For a further discussion regarding the Company’s reportable segments, see Note 4 Segment Information. Construction ProductsThe Construction Products segment primarily recognizes revenue when the customer has accepted the product and legal title of the product has passed to the customer. Engineered StructuresWithin the Engineered Structures segment, revenue is recognized for wind towers and certain utility structures over time as the products are manufactured using an input approach based on the costs incurred relative to the total estimated costs of production. We recognize revenue over time for these products as they are highly customized to the needs of an individual customer resulting in no alternative use to the Company if not purchased by the customer after the contract is executed. In addition, we have the right to bill the customer for our work performed to date plus at least a reasonable profit margin for work performed. As of September 30, 2025, we had a contract asset of $78.6 million related to these contracts, compared to $65.5 million as of December 31, 2024, which is included in receivables, net of allowance, within the Consolidated Balance Sheets. The increase in the contract asset is attributed to timing of deliveries of finished structures to customers during the period. For all other products, revenue is recognized when the customer has accepted the product and legal title of the product has passed to the customer. Transportation ProductsThe Transportation Products segment recognizes revenue when the customer has accepted the product and legal title of the product has passed to the customer.

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RevenuesTotal revenues for the Company's reportable segments are presented below: Three Months EndedSeptember 30,Nine Months EndedSeptember 30, 2025202420252024 (in millions)Aggregates$218.1 $170.6 $577.4 $499.2 Specialty materials and asphalt146.9 63.0 353.4 192.2 Aggregates intrasegment sales(13.4)— (27.8)(0.6)Total Construction Materials351.6 233.6 903.0 690.8 Construction site support35.9 32.3 101.8 102.4 Construction Products387.5 265.9 1,004.8 793.2 Utility and related structures215.6 200.2 616.6 587.0 Wind towers95.4 79.2 272.2 198.8 Engineered Structures311.0 279