Filing Flows › Dycom Industries (DY) › Q3 FY26
Dycom Industries (DY) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Nov 20, 2025
Dycom Industries (DY) reported revenue of $1.5B for the third quarter fiscal 2026 (Q3 FY26), +14% from a year earlier and +5% from the quarter before. Operating margin was 10.4%, net earnings $106M (7.3% of revenue).
Dycom Industries, Q3 FY26: revenue $1.5B (+14% year over year), operating margin 10.4%, net earnings $106M, operating cash flow $220M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +5% | +14% |
| Operating profit | $151M | +8% | +48% |
| Net earnings | $106M | +9% | +52% |
| Operating cash flow | $220M | +283% | +234% |
| Free cash flow | $165M | 29× | — |
What changed
Revenue was $1.5B in Q3 FY26, up 14% year over year and up 5% from the previous quarter.
Operating profit was $0.15B, a 10.4% margin (up 2.4 points year over year). Of the extra revenue versus a year earlier, 27% reached operating profit, above the 8% margin then. Total costs grew 11% against revenue growth of 14%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $0.11B, up 52% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.22B (up 234% year over year), 207% 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 added $0.04B. Capital expenditures of $0.06B left free cash flow of $0.16B.
Questions
What was Dycom Industries' revenue in the third quarter fiscal 2026?
Dycom Industries (DY) reported revenue of $1.5B for the third quarter fiscal 2026 (Q3 FY26), +14% from a year earlier and +5% from the quarter before.
Was Dycom Industries profitable in the third quarter fiscal 2026?
Operating profit was $151M (10.4% of revenue) and net earnings $106M.
Source: Dycom Industries 10-Q on SEC EDGAR.