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MYR Group MYRG Gross Profit

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Other financials

Income statement

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Revenue$1.1B+20.1%
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:GrossProfit.

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 per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Contract revenues$1,081,727$900,325$2,082,107$1,733,945
Contract costs939,054796,6141,804,9941,533,333
Gross profit142,673103,711277,113200,612
Selling, general and administrative expenses74,40963,313143,832125,837
Amortization of intangible assets1,2101,2112,4272,399
Gain on sale of property and equipment(891)(600)(1,813)(1,701)
Income from operations67,94539,787132,66774,077
Other income (expense):

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MYR Group's gross profit?
MYR Group (MYRG) reported gross profit of $142.67M in Q2 2026.
How has MYR Group's gross profit changed year-over-year?
MYR Group's gross profit increased by 37.6% year-over-year, from $103.71M to $142.67M.
What is the long-term trend for MYR Group's gross profit?
Over 4 years (2021 to 2025), MYR Group's gross profit has grown at a 6.9% compound annual growth rate (CAGR), from $324.98M to $423.79M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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