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MYR Group MYRG Q3 2026 earnings

Reported October 28, 2026 · After market close

Revenue$1.3BBeat by $98.8M
EPS$3.82Beat by $0.85
Revenue estimate$1.2B
EPS estimate$2.97
“Our strong third-quarter results demonstrate the momentum across our business and the strength of our execution. We delivered record quarterly revenues of $1.26 billion, net income of $60.0 million, and EBITDA of $110.0 million, supported by increased activity across both our T&D and C&I segments, including record quarterly C&I revenues. Through the first nine months of 2026, revenues reached $3.34 billion, reflecting healthy demand across our core markets and continued investment in critical electrical infrastructure. As we integrate Valley Electric and Comet Electric and expand our capabilities and geographic reach, we remain focused on disciplined execution, strengthening our customer relationships, and positioning MYR to capitalize on the significant infrastructure opportunities ahead.”
Rick Swartz

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Revenue$1.3B+32.5%
Gross profit$171.2M+53.0%
Operating income$85.1M+83.9%
Net income$60.0M+87.0%
EPS (diluted)$3.82+86.3%

Balance sheet

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Cash & equivalents$26.0M-65.9%
Total debt$281.1M+136%
Total assets$2.1B+28.1%

Cash flow

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Operating cash flow$46.1M-51.8%
CapEx$36.9M+22.4%
Free cash flow$9.2M-86.0%

Valuation & ratios

Valuation

as of 10/30/26
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Market cap$4.41B+32.9%
Enterprise value$4.66B+38.8%
P/E22.8×-11.1×
P/S1×+0.1×

Profitability

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Gross margin13%+1.6pp
Operating margin6.1%+1.8pp
Net margin4.5%+1.7pp

Returns & leverage

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Current ratio1.3×0.0×

Segments

By segment

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C&I$704.5M+57.6%
T&D$554.5M+10.2%

FAQ

When did MYR Group report Q3 2026 earnings?
MYR Group (MYRG) reported Q3 2026 earnings on October 28, 2026 after market close.
What were MYR Group's Q3 2026 revenue and EPS?
MYR Group reported revenue of $1.3B and eps of $3.82 for Q3 2026.
Did MYR Group beat estimates in Q3 2026?
Revenue beat the consensus estimate of $1.2B by $98.8M. EPS beat the consensus estimate of $2.97 by $0.85.
How did MYR Group's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 32.5% from $950.4M a year earlier and eps grew 86.3% from $2.05.
Where can I find MYR Group's Q3 2026 SEC filings?
You can read the 8-K earnings release (0000700923-26-000051) and the 10-Q periodic report (0000700923-26-000052) directly on SEC EDGAR. The filing index links above go to sec.gov.