Filing Flows › Everus Construction Group (ECG) › Q2 2026
Everus Construction Group (ECG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Everus Construction Group (ECG) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +34% from a year earlier and +19% from the quarter before. Operating margin was 9.1%, net earnings $83.9M (6.8% of revenue).
Everus Construction Group, Q2 2026: revenue $1.2B (+34% year over year), operating margin 9.1%, net earnings $83.9M, operating cash flow $53.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +19% | +34% |
| Gross profit | $183M | +40% | +53% |
| Operating profit | $112M | +44% | +54% |
| Net earnings | $83.9M | +44% | +59% |
| Operating cash flow | $53.1M | -63% | +110% |
| Free cash flow | $33.0M | -74% | +169% |
What changed
Revenue was $1.2B in Q2 2026, up 34% year over year and up 19% from the previous quarter. E&M was the largest line at 82% of revenue. E&M added $0.30B year over year (up 42%), 96% of the total change.
Gross margin was 14.9%, up 1.8 points from Q2 2025. Operating profit was $0.11B, a 9.1% margin (up 1.2 points year over year). Of the extra revenue versus Q2 2025, 13% reached operating profit, above the 8% margin then. Operating expenses grew 50% against revenue growth of 34%. Net earnings were $0.08B, up 59% year over year. The effective tax rate was 26.0%.
Operating cash flow was $0.05B (up 110% year over year), 63% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $0.05B. Capital expenditures of $0.02B left free cash flow of $0.03B.
Questions
What was Everus Construction Group's revenue in the second quarter 2026?
Everus Construction Group (ECG) reported revenue of $1.2B for the second quarter 2026 (Q2 2026), +34% from a year earlier and +19% from the quarter before.
Was Everus Construction Group profitable in the second quarter 2026?
Operating profit was $112M (9.1% of revenue) and net earnings $83.9M.