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MYR Group MYRG Contract Assets
Contract Assets at other companies
Other financials
Where this comes from
Reported directly by MYR Group in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: MYR Group’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:12 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000700923-26-000042
| (in thousands, except share and per share data) | June 30,2026 | December 31,2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $137,872 | $150,156 |
| Accounts receivable, net of allowances of $2,190 and $934, respectively | 653,787 | 603,735 |
| Contract assets, net of allowances of $514 and $534, respectively | 225,053 | 241,766 |
| Current portion of receivable for insurance claims in excess of deductibles | 10,062 | 10,122 |
| Refundable income taxes | 9,130 | — |
| Prepaid expenses and other current assets | 41,722 | 54,982 |
| Total current assets | 1,077,626 | 1,060,761 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is MYR Group's contract assets?
- MYR Group (MYRG) reported contract assets of $225.05M in Q2 2026.
- How has MYR Group's contract assets changed year-over-year?
- MYR Group's contract assets decreased by 35.2% year-over-year, from $347.08M to $225.05M.
- What is the long-term trend for MYR Group's contract assets?
- Over 5 years (2020 to 2025), MYR Group's contract assets has grown at a 5.4% compound annual growth rate (CAGR), from $185.8M to $241.77M.
- What does contract assets mean?
- Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.
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