secwatch.observer — SEC 8-K summary
======================================

Issuer:     MYR GROUP INC. (MYRG)
CIK:        0000700923
Form:       8-K
Filed at:   2026-02-25T23:59:59+00:00
Accession:  0000700923-26-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MYR Group reports record Q4 net income $36.5M; FY2025 revenue $3.66B, up 9%
---------------------------------------------------------------------------

- Q4 revenue $973.5M (+17.3% YoY); record net income $36.5M ($2.33 diluted EPS) vs $16.0M ($0.99) in Q4 2024.
- FY2025 revenue $3.66B (+$295.6M YoY); record net income $118.4M ($7.53 diluted EPS) vs $30.3M ($1.83).
- Record FY2025 EBITDA $232.7M (vs $117.8M); consolidated gross margin improved to 11.6% from 8.6%.
- Backlog $2.82B at Dec 31, 2025, up 9.6% from Dec 31, 2024; T&D backlog $1.02B, C&I backlog $1.80B.
- T&D segment revenue $2.00B (+$121.9M YoY); C&I segment revenue $1.66B (+$173.6M YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700923/000070092326000006/0000700923-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700923/000070092326000006/myrg-20260225.htm
  HTML page:      https://secwatch.observer/filing/0000700923-26-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer