secwatch.observer — SEC 8-K summary
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Issuer:     MYR GROUP INC. (MYRG)
CIK:        0000700923
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0000700923-26-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MYR Group Q1 2026: record net income $46.8M ($2.99/sh), revenue $1.00B, backlog $2.84B
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- Quarterly revenue $1.00B (+$166.8M YoY); T&D $541.0M, C&I $459.4M.
- Record net income $46.8M ($2.99 diluted EPS) vs $23.3M ($1.45) in Q1 2025.
- Record EBITDA $81.5M, up from $50.2M; gross margin 13.4% vs 11.6%.
- Record backlog $2.84B (+7.7% YoY); T&D $980.7M, C&I $1.86B.
- Strong balance sheet: $460.5M revolver availability, $163.2M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/700923/000070092326000026/0000700923-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/700923/000070092326000026/myrg-20260429.htm
  HTML page:      https://secwatch.observer/filing/0000700923-26-000026

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