Filing Flows › Dycom Industries (DY) › Q4 FY26
Dycom Industries (DY) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 9, 2026
Dycom Industries (DY) reported revenue of $1.5B for the fourth quarter fiscal 2026 (Q4 FY26), +34% from a year earlier and +0.4% from the quarter before. Operating margin was 3.4%, net earnings $16.3M (1.1% of revenue).
Dycom Industries, Q4 FY26: revenue $1.5B (+34% year over year), operating margin 3.4%, net earnings $16.3M, operating cash flow $419M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +0.4% | +34% |
| Operating profit | $49.1M | -67% | -9% |
| Net earnings | $16.3M | -85% | -50% |
| Operating cash flow | $419M | +90% | +28% |
| Free cash flow | $367M | — | +37% |
What changed
Revenue was $1.5B in Q4 FY26, up 34% year over year and roughly flat from the previous quarter.
Operating profit was $0.05B, a 3.4% margin (down 1.6 points year over year). Operating profit fell $4.6M even though revenue rose $0.37B versus Q4 FY25, so costs grew faster than sales. Total costs grew 37% against revenue growth of 34%. The fastest-growing cost line was Other operating costs (+61%). Net earnings were $0.02B, down 50% year over year. The effective tax rate was 9.0%.
Operating cash flow was $0.42B (up 28% year over year), 2572% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.31B. After capital expenditures, net ($0.05B), free cash flow as the company reports it was $0.37B.
Questions
What was Dycom Industries' revenue in the fourth quarter fiscal 2026?
Dycom Industries (DY) reported revenue of $1.5B for the fourth quarter fiscal 2026 (Q4 FY26), +34% from a year earlier and +0.4% from the quarter before.
Was Dycom Industries profitable in the fourth quarter fiscal 2026?
Operating profit was $49.1M (3.4% of revenue) and net earnings $16.3M.
Source: Dycom Industries 10-K on SEC EDGAR.