Filing Flows › Dycom Industries (DY) › Q2 FY26
Dycom Industries (DY) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Aug 21, 2025
Dycom Industries (DY) reported revenue of $1.4B for the second quarter fiscal 2026 (Q2 FY26), +15% from a year earlier and +9% from the quarter before. Operating margin was 10.1%, net earnings $97.5M (7.1% of revenue).
Dycom Industries, Q2 FY26: revenue $1.4B (+14% year over year), operating margin 10.1%, net earnings $97.5M, operating cash flow $57.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +9% | +15% |
| Operating profit | $140M | +64% | +34% |
| Net earnings | $97.5M | +60% | +43% |
| Operating cash flow | $57.4M | — | — |
| Free cash flow | $5.8M | — | — |
What changed
Revenue was $1.4B in Q2 FY26, up 15% year over year and up 9% from the previous quarter.
Operating profit was $0.14B, a 10.1% margin (up 1.5 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 9% margin then. Total costs grew 13% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+31%). Net earnings were $0.10B, up 43% year over year. The effective tax rate was 25.7%.
Operating cash flow was $0.06B, 59% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.05B left free cash flow of $0.01B.
Questions
What was Dycom Industries' revenue in the second quarter fiscal 2026?
Dycom Industries (DY) reported revenue of $1.4B for the second quarter fiscal 2026 (Q2 FY26), +15% from a year earlier and +9% from the quarter before.
Was Dycom Industries profitable in the second quarter fiscal 2026?
Operating profit was $140M (10.1% of revenue) and net earnings $97.5M.
Source: Dycom Industries 10-Q on SEC EDGAR.