Filing Flows › Dycom Industries (DY) › Q1 FY27
Dycom Industries (DY) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed May 28, 2026
Dycom Industries (DY) reported revenue of $2.0B for the first quarter fiscal 2027 (Q1 FY27), +56% from a year earlier and +35% from the quarter before. Operating margin was 7.3%, net earnings $91.3M (4.6% of revenue).
Dycom Industries, Q1 FY27: revenue $2.0B (+56% year over year), operating margin 7.3%, net earnings $91.3M, operating cash flow −$24.6M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0B | +35% | +56% |
| Operating profit | $144M | +193% | +68% |
| Net earnings | $91.3M | +460% | +50% |
| Operating cash flow | −$24.6M | -106% | — |
What changed
Revenue was $2.0B in Q1 FY27, up 56% year over year and up 35% from the previous quarter.
Operating profit was $0.14B, a 7.3% margin (up 0.5 points year over year). Of the extra revenue versus Q1 FY26, 8% reached operating profit, above the 7% margin then. Total costs grew 55% against revenue growth of 56%. The fastest-growing cost line was Other operating costs (+91%). Net earnings were $0.09B, up 50% year over year. The effective tax rate was 14.5%.
Operating cash flow was −$0.02B. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.24B. Capital expenditures of $0.07B exceeded it, leaving free cash flow of −$0.09B.
Questions
What was Dycom Industries' revenue in the first quarter fiscal 2027?
Dycom Industries (DY) reported revenue of $2.0B for the first quarter fiscal 2027 (Q1 FY27), +56% from a year earlier and +35% from the quarter before.
Was Dycom Industries profitable in the first quarter fiscal 2027?
Operating profit was $144M (7.3% of revenue) and net earnings $91.3M.
Source: Dycom Industries 10-Q on SEC EDGAR.