---
schema_version: "secwatch.filing_event.v1"
accession: "0000700923-26-000051"
form_type: "8-K"
ticker: "MYRG"
cik: "0000700923"
company_name: "MYR GROUP INC."
filed_at: "2026-10-28T20:03:05+00:00"
generated_at: "2026-10-28T20:04:05.775303+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MYR Group posts record Q3 revenue of $1.26B, net income $60.0M ($3.82/sh), backlog up 38%

## Summary
- Q3 revenue $1.26B, up $308.6M YoY; net income $60.0M ($3.82 diluted) vs $32.1M ($2.05); EBITDA $110.0M vs $62.7M.
- C&I segment record revenue $704.5M (+$257.5M YoY), aided by Valley Electric and Comet Electric acquisitions; T&D revenue $554.5M (+$51.1M).
- Gross margin 13.6% vs 11.8%; project estimate changes added 0.4 pts vs a 0.6-pt drag a year ago; SG&A rose to $81.5M from $65.9M.
- Backlog record $3.68B, up 38.2% YoY (C&I $2.39B, T&D $1.29B); nine-month revenue $3.34B, net income $156.7M ($9.97/sh).
- Board approved new $100M buyback effective Nov 4, 2026 through Nov 3, 2027, funded with cash and revolver; $650.5M available on $690M facility.

## SEC filing metadata
- accession: 0000700923-26-000051
- form_type: 8-K
- ticker: MYRG
- cik: 0000700923
- company_name: MYR GROUP INC.
- filed_at: 2026-10-28T20:03:05+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700923/000070092326000051/0000700923-26-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700923/000070092326000051/myrg-20261028.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000700923-26-000051
- JSON: https://secwatch.observer/filing/0000700923-26-000051.json
- Plain text: https://secwatch.observer/filing/0000700923-26-000051.txt

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