---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-23-000040"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:16:52.086082+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MYR Group Q1 revenue up 27.5% to $811.6M; net income $23.2M ($1.38 EPS)

## Summary
- Revenue $811.6M (+27.5% YoY); net income $23.2M (+12% YoY).
- Diluted EPS $1.38 vs $1.21 YoY; EBITDA $41.3M vs $39.6M.
- Record backlog $2.67B, up 10.9% YoY; T&D $1.28B, C&I $1.39B.
- Gross margin 10.4% vs 12.6% due to labor inefficiencies, weather, supply chain, sales tax adjustment.
- T&D revenue $445.3M (+22.1%); C&I revenue $366.3M (+34.8%).

## SEC filing metadata
- accession: 0000700923-23-000040
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092323000040/0000700923-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092323000040/myrg-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-23-000040
- JSON: https://secwatch.observer/filing/0000700923-23-000040.json
- Plain text: https://secwatch.observer/filing/0000700923-23-000040.txt

## Key facts
- Earnings Releases
  MYR GROUP INC. reported the three months ended March 31, 2023 results: revenue $811.6 million, net income $23.2 million, EPS $1.38 per diluted share.
  - Period: the three months ended March 31, 2023
  - Revenue: $811.6 million
  - Net income: $23.2 million
  - EPS: $1.38 per diluted share
  - Result: reported results
  source text: Highlights for First Quarter 2023 • Quarterly revenues of $811.6 million • Quarterly net income of $23.2 million, or $1.38 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/700923/000070092323000040/0000700923-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.