Short answer
MYR GROUP INC. (MYRG) filed its Q2 2026 10-Q quarterly report on Jul 29, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.1B (up 20.1% year over year) with net income of $50M.
Q2 2026 key financials · XBRL
- Revenue
- $1.1B
- +20.1% YoY · +8.1% QoQ
- Net income
- $50M
- +88.4% YoY · +6.5% QoQ
- Operating margin
- 6.3%
- Gross margin
- 13.2%
- EPS (diluted)
- $3.16
- +85.9% YoY · +5.7% QoQ
Source: XBRL data from the MYR GROUP INC. (MYRG) Q2 2026 10-Q on SEC EDGAR. USD.
MYR GROUP INC. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly revenue $1.08B, up 20.1% YoY from $900.3M, driven by C&I revenue growth of $163.6M
- Gross margin 13.2% vs 11.5% YoY; operating margin 6.3% vs 4.4%; net income $49.9M vs $26.5M
- Best performer C&I: revenue $557.7M, up 41.5%; operating margin 8.5% vs 5.6% YoY
- Worst performer T&D: revenue $524.0M, up 3.5%; operating margin 9.4% vs 8.0% YoY
- Backlog $3.16B vs $2.64B YoY; Valley acquisition funded with $93.0M cash and $235.0M borrowings
- Outlook: strong bidding activity; headwinds from policy changes, tariffs, global relations, inflation and project inefficiencies
Risk Factors
- No risk-factors section provided; submitted text begins with equity repurchases
- No newly added risk factor or 10-K comparison disclosed
- Tax-obligation repurchases: 2,340 shares at $344.69 average price
- Share-repurchase capacity: approximately $0 remaining under announced plans
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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