Filing Flows › Everus Construction Group (ECG) › Q3 2026 › vs Q2 2026
Everus Construction Group (ECG) Q3 2026 vs Q2 2026 (quarter over quarter)
Everus Construction Group's revenue rose $153M (+12%) from $1.2B in Q2 2026 to $1.4B in Q3 2026. The biggest changes: E&M +$125M (+12%); T&D +$27.2M (+12%). Gross margin 14.8% against 14.9% (-0.0 pts).
Everus Construction Group, Q3 2026: revenue $1.4B (+40% year over year), operating margin 8.8%, net earnings $91.9M, operating cash flow $70.5M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 14.8% | 14.9% | -0.0 pts |
| Operating margin | 8.8% | 9.1% | -0.2 pts |
| Net margin | 6.6% | 6.8% | -0.2 pts |
| Free cash flow margin | 3.8% | 2.7% | +1.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| E&M | $1.1B | $1.0B | $125M | +12% |
| T&D | $249M | $221M | $27.2M | +12% |
| Revenue | $1.4B | $1.2B | $153M | +12% |
| Gross profit | $205M | $183M | $22.1M | +12% |
| Cost of revenue | $1.2B | $1.0B | $131M | +12% |
| Operating profit | $122M | $112M | $10.6M | +10% |
| Operating expenses | $82.6M | $71.2M | $11.4M | +16% |
| Pre-tax earnings | $121M | $113M | $8.0M | +7% |
| Net earnings | $91.9M | $83.9M | $8.0M | +10% |
| Income tax | $29.4M | $29.4M | −$7K | 0% |
| Depreciation & amortization | $15.1M | $12.0M | $3.1M | +26% |
| Share-based compensation | $2.4M | $3.3M | −$846K | -26% |
| Working capital & other | $38.9M | $46.0M | −$7.1M | -15% |
| Operating cash flow | $70.5M | $53.1M | $17.4M | +33% |
| Free cash flow (OCF − capex) | $52.7M | $33.0M | $19.6M | +60% |
| Capital expenditures | $17.8M | $20.1M | −$2.3M | -11% |
Questions
How much did Everus Construction Group's revenue grow quarter over quarter in Q3 2026?
Everus Construction Group's revenue rose $153M (+12%) from $1.2B in Q2 2026 to $1.4B in Q3 2026.
What drove Everus Construction Group's revenue change in Q3 2026?
E&M +$125M (+12%); T&D +$27.2M (+12%).