Filing Flows › Everus Construction Group (ECG) › Q3 2026
Everus Construction Group (ECG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Everus Construction Group (ECG) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +40% from a year earlier and +12% from the quarter before. Operating margin was 8.8%, net earnings $91.9M (6.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +12% | +40% |
| Gross profit | $205M | +12% | +65% |
| Operating profit | $122M | +10% | +69% |
| Net earnings | $91.9M | +10% | +61% |
| Operating cash flow | $70.5M | +33% | -7% |
| Free cash flow | $52.7M | +60% | -20% |
What changed
Revenue was $1.4B in Q3 2026, up 40% year over year and up 12% from the previous quarter. E&M was the largest line at 82% of revenue. E&M added $0.37B year over year (up 48%), 93% of the total change.
Gross margin was 14.8%, up 2.2 points from Q3 2025. Operating profit was $0.12B, a 8.8% margin (up 1.5 points year over year). Of the extra revenue versus Q3 2025, 13% reached operating profit, above the 7% margin then. Operating expenses grew 59% against revenue growth of 40%. Net earnings were $0.09B, up 61% year over year. The effective tax rate was 24.2%.
Operating cash flow was $0.07B (down 7% year over year), 77% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $2.4M of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.02B left free cash flow of $0.05B.
Questions
What was Everus Construction Group's revenue in the third quarter 2026?
Everus Construction Group (ECG) reported revenue of $1.4B for the third quarter 2026 (Q3 2026), +40% from a year earlier and +12% from the quarter before.
Was Everus Construction Group profitable in the third quarter 2026?
Operating profit was $122M (8.8% of revenue) and net earnings $91.9M.