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MYR Group MYRG Deferred Revenue

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Segments

By segment

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C&I$1.88B+10.5%
T&D$945.95M+50.4%

Other financials

Income statement

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Revenue$1.1B+20.1%
Gross profit$142.7M+37.6%
Operating income$67.9M+70.8%
Net income$49.9M+88.4%
EPS (diluted)$3.17+86.5%

Balance sheet

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Cash & equivalents$137.9M+501%
Total debt$67.1M-49.9%
Total equity$660.4M+10.0%
Total assets$1.7B+5.4%

Cash flow

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Operating cash flow$3.3M-89.9%
CapEx$28.9M+36.2%
Free cash flow$68.6M-2.3%

Valuation

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Market cap$5.2B+80.3%
Enterprise value$5.13B+71.2%
P/E31.4×-6.3×
P/S1.3×+0.5×

Profitability

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Gross margin12.5%+1.9pp
Operating margin5.6%+2.0pp
Net margin4.1%+1.9pp
FCF margin6%+3.1pp

Returns & leverage

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Return on equity18.8%+13.9pp
Debt / equity0.2×0.0×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by MYR Group in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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 30,2026December 31,2025
Current portion of operating lease obligations13,10013,019
Current portion of finance lease obligations790804
Accounts payable338,888314,789
Contract liabilities, net245,822300,560
Current portion of accrued self-insurance29,88028,499
Accrued income taxes15,129
Other current liabilities137,547117,923
Total current liabilities770,677795,277

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's deferred revenue?
MYR Group (MYRG) reported deferred revenue of $245.82M in Q2 2026.
How has MYR Group's deferred revenue changed year-over-year?
MYR Group's deferred revenue decreased by 14.1% year-over-year, from $286.29M to $245.82M.
What is the long-term trend for MYR Group's deferred revenue?
Over 5 years (2020 to 2025), MYR Group's deferred revenue has grown at a 13.7% compound annual growth rate (CAGR), from $158.4M to $300.56M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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