---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-23-000055"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:31:30.307896+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MYR Group Q2 2023: Revenue up 25.5% to $888.6M, Net Income up 13.2% to $22.3M

## Summary
- Record Q2 revenue of $888.6M, up 25.5% YoY; net income of $22.3M ($1.33 diluted EPS), up 13.2%.
- Record backlog of $2.73B, up 11.8% from $2.44B a year ago.
- T&D segment revenue $503.7M (+21.3%); C&I segment $384.9M (+31.4%).
- Gross margin fell to 10.1% from 11.4%, due to labor inefficiencies, supply chain issues, and inflation.
- EBITDA was $47.1M, compared to $43.9M in Q2 2022.

## SEC filing metadata
- accession: 0000700923-23-000055
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092323000055/0000700923-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092323000055/myrg-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-23-000055
- JSON: https://secwatch.observer/filing/0000700923-23-000055.json
- Plain text: https://secwatch.observer/filing/0000700923-23-000055.txt

## Key facts
- Earnings Releases
  MYR GROUP INC. reported financial results for the three and six months ended June 30, 2023.
  - Period: the three and six months ended June 30, 2023
  - Result: reported results
  source text: On July 26, 2023, MYR Group Inc. issued a press release announcing its financial results for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/700923/000070092323000055/0000700923-23-000055-index.htm

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