MYR Group reported Q3 2026 revenue of $1.26 billion, net income of $60.0 million and EBITDA of $110.0 million; management said record quarterly revenues reflected increased activity across both segments.
MYRG · Myr Group Inc.
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MYR Group reported record third-quarter 2026 revenue of $1.26 billion and net income of $60 million. Management expects overall revenue growth of 15% to 18%, including T&D revenue growth of 10% to 13%.
Myr Group Inc. reported revenue of $3.34 billion and net income of $156.7 million for nine months ended September 30, 2026; backlog was $3.68 billion at September 30, 2026. The company acquired Valley for $324.8 million on July 1, 2026.
MYR Group Inc. reported record third-quarter 2026 revenue of $1.26 billion, net income of $60.0 million, EBITDA of $110.0 million and backlog of $3.68 billion. Its board approved a new share repurchase program of up to $100.0 million.
Metrics snapshot
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Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 29, 2026TL;DR. MYR Group delivered record third-quarter revenue, net income, EBITDA, and backlog, expanded gross and segment operating margins, and expects 15%–18% company revenue growth in 2027; it also authorized a new $100 million share-repurchase program. Cash generation weakened, while acquisition-related expenses, project inefficiencies, and longer customer payment terms remain headwinds.
- + Third-quarter revenue, net income, and EBITDA reached records of $1.26 billion, $60.0 million, and $110.0 million, respectively.
- + Valley and Comet contributed incremental C&I revenue and expanded the company's capabilities and geographic reach.
- + Backlog increased 38.2% year over year to a record $3.68 billion.
- + Management expects 18%–22% C&I revenue growth, 10%–13% T&D revenue growth, and 15%–18% company revenue growth in 2027.
- + Larger T&D projects are expected to begin contributing to growth from late 2027, with more growth expected in 2028 and beyond.
- − Third-quarter operating cash flow fell to $46 million from $96 million, and free cash flow fell to $9 million from $65 million.
- − Costs associated with inefficiencies on certain projects partially offset gross-margin gains.
- − Longer customer payment terms are creating working-capital and cash-flow headwinds.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
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Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Engineering & Construction — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MYRG
this stock
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|
$4.25B | +25.0% | +8.8% | 22.2 | 4.4% |
|
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$28.87B | +7.8% | +16.6% | 19.1 | 1.7% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 4, 2026
- This year
- 19
MYR Group reported Q3 2026 revenue of $1.26 billion, net income of $60.0 million and EBITDA of $110.0 million; management said record quarterly revenues reflected increased activity across both segments.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MYRG | +3.9% | -2.5% | -41.2% | -3.4% | +25.0% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +1.3% | -1.4% | -41.7% | -3.2% | +14.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.