Filing Flows › Everus Construction Group (ECG) › Q3 2026 › vs Q3 2025
Everus Construction Group (ECG) Q3 2026 vs Q3 2025 (year over year)
Everus Construction Group's revenue rose $397M (+40%) from $987M in Q3 2025 to $1.4B in Q3 2026. The biggest changes: E&M +$370M (+48%); T&D +$27.3M (+12%). Gross margin 14.8% against 12.6% (+2.2 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 14.8% | 12.6% | +2.2 pts |
| Operating margin | 8.8% | 7.3% | +1.5 pts |
| Net margin | 6.6% | 5.8% | +0.9 pts |
| Free cash flow margin | 3.8% | 6.7% | -2.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| E&M | $1.1B | $766M | $370M | +48% |
| T&D | $249M | $221M | $27.3M | +12% |
| Revenue | $1.4B | $987M | $397M | +40% |
| Gross profit | $205M | $124M | $80.8M | +65% |
| Cost of revenue | $1.2B | $863M | $317M | +37% |
| Operating profit | $122M | $72.4M | $50.0M | +69% |
| Operating expenses | $82.6M | $51.8M | $30.7M | +59% |
| Pre-tax earnings | $121M | $77.6M | $43.7M | +56% |
| Net earnings | $91.9M | $57.0M | $34.9M | +61% |
| Income tax | $29.4M | $20.6M | $8.8M | +43% |
| Depreciation & amortization | $15.1M | $7.3M | $7.8M | +107% |
| Share-based compensation | $2.4M | $1.9M | $488K | +25% |
| Working capital & other | $38.9M | −$10.0M | $48.9M | — |
| Operating cash flow | $70.5M | $76.2M | −$5.7M | -7% |
| Free cash flow (OCF − capex) | $52.7M | $65.7M | −$13.0M | -20% |
| Capital expenditures | $17.8M | $10.5M | $7.3M | +70% |
Questions
How much did Everus Construction Group's revenue grow year over year in Q3 2026?
Everus Construction Group's revenue rose $397M (+40%) from $987M in Q3 2025 to $1.4B in Q3 2026.
What drove Everus Construction Group's revenue change in Q3 2026?
E&M +$370M (+48%); T&D +$27.3M (+12%).