Filing Flows › Dycom Industries (DY) › Q1 FY26
Dycom Industries (DY) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed May 22, 2025
Dycom Industries (DY) reported revenue of $1.3B for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +16% from the quarter before. Operating margin was 6.8%, net earnings $61.0M (4.9% of revenue).
Dycom Industries, Q1 FY26: revenue $1.3B (+10% year over year), operating margin 6.8%, net earnings $61.0M, operating cash flow −$54.0M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +16% | +10% |
| Operating profit | $85.4M | +59% | +5% |
| Net earnings | $61.0M | +87% | -2% |
| Operating cash flow | −$54.0M | -116% | — |
What changed
Revenue was $1.3B in Q1 FY26, up 10% year over year and up 16% from the previous quarter.
Operating profit was $0.09B, a 6.8% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 4% reached operating profit, below the 7% margin then. Total costs grew 11% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+29%). Net earnings were $0.06B, down 2% year over year. The effective tax rate was 22.3%.
Operating cash flow was −$0.05B. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.18B. Capital expenditures of $0.08B exceeded it, leaving free cash flow of −$0.13B.
Questions
What was Dycom Industries' revenue in the first quarter fiscal 2026?
Dycom Industries (DY) reported revenue of $1.3B for the first quarter fiscal 2026 (Q1 FY26), +10% from a year earlier and +16% from the quarter before.
Was Dycom Industries profitable in the first quarter fiscal 2026?
Operating profit was $85.4M (6.8% of revenue) and net earnings $61.0M.
Source: Dycom Industries 10-Q on SEC EDGAR.