Segment Information

9 Months Ended

Sep. 30, 2023

Segment Information

Segment Information

11. Segment Information

Our activities are within the mechanical services industry and the electrical services industry, which represent our two reportable segments. We aggregate our operating segments into two reportable segments, as the operating segments meet all of the aggregation criteria. The following tables present information about our reportable segments (in thousands):

	Three Months Ended September 30, 2023
	Mechanical Segment		Electrical Segment		Corporate		Consolidated
Revenue	$	1,031,310	$	346,814	$	—	$	1,378,124
Gross Profit	$	210,147	$	67,352	$	—	$	277,499
	Three Months Ended September 30, 2022
	Mechanical Segment		Electrical Segment		Corporate		Consolidated
Revenue	$	858,768	$	261,244	$	—	$	1,120,012
Gross Profit	$	150,872	$	51,352	$	—	$	202,224
	Nine Months Ended September 30, 2023
	Mechanical Segment		Electrical Segment		Corporate		Consolidated
Revenue	$	2,925,848	$	923,346	$	—	$	3,849,194
Gross Profit	$	547,695	$	163,129	$	—	$	710,824
	Nine Months Ended September 30, 2022
	Mechanical Segment		Electrical Segment		Corporate		Consolidated
Revenue	$	2,318,036	$	705,140	$	—	$	3,023,176
Gross Profit	$	416,205	$	114,155	$	—	$	530,360

The electrical segment included a benefit in the third quarter of 2022 related to favorable developments from a dispute with a customer. See Note 9 “Commitments and Contingencies” for further information.