earnings
confidence high
sentiment positive
materiality 0.90
MYR Group reports record Q2 2026 revenue of $1.08B and net income of $49.9M
MYR GROUP INC.
- Record quarterly revenue of $1.08 billion, up $181.4 million from Q2 2025.
- Record net income of $49.9 million ($3.17 per diluted share) vs. $26.5 million in Q2 2025.
- Record EBITDA of $85.0 million, compared to $55.6 million in the prior-year quarter.
- Backlog reached $3.16 billion, a 19.6% increase from $2.64 billion a year earlier.
- Acquisition of Valley Electric and Comet Electric closed on July 1, 2026, enhancing C&I capabilities.