Filing Flows › MYR Group (MYRG) › Q2 2026 › vs Q1 2026
MYR Group (MYRG) Q2 2026 vs Q1 2026 (quarter over quarter)
MYR Group's revenue rose $81.3M (+8%) from $1.0B in Q1 2026 to $1.1B in Q2 2026. The biggest changes: C&I +$98.3M (+21%); T&D −$16.9M (-3%). Gross margin 13.2% against 13.4% (-0.2 pts).
MYR Group, Q2 2026: revenue $1.1B (+20% year over year), operating margin 6.3%, net earnings $49.9M, operating cash flow $3.3M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 13.2% | 13.4% | -0.2 pts |
| Operating margin | 6.3% | 6.5% | -0.2 pts |
| Net margin | 4.6% | 4.7% | -0.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| C&I | $558M | $459M | $98.3M | +21% |
| T&D | $524M | $541M | −$16.9M | -3% |
| Revenue | $1.1B | $1.0B | $81.3M | +8% |
| Gross profit | $143M | $134M | $8.2M | +6% |
| Cost of revenue | $939M | $866M | $73.1M | +8% |
| Operating profit | $67.9M | $64.7M | $3.2M | +5% |
| Operating expenses | $74.7M | $69.7M | $5.0M | +7% |
| Pre-tax earnings | $67.1M | $64.0M | $3.1M | +5% |
| SG&A | $74.4M | $69.4M | $5.0M | +7% |
| Other operating costs | $319K | $295K | $24K | +8% |
| Net earnings | $49.9M | $46.8M | $3.1M | +7% |
| Income tax | $17.3M | $17.2M | $55K | +0.3% |
| Operating cash sources | $73.4M | $67.9M | $5.4M | +8% |
| Depreciation & amortization | $18.0M | $17.8M | $245K | +1% |
| Share-based compensation | $5.5M | $3.4M | $2.1M | +62% |
| Working capital & other | $70.0M | −$16.8M | $86.8M | — |
| Operating cash flow | $3.3M | $84.7M | −$81.4M | -96% |
| Capital expenditures | $28.9M | $16.1M | $12.8M | +79% |
| Negative free cash flow (OCF − capex) | $25.6M | −$68.6M | $94.2M | — |
Questions
How much did MYR Group's revenue grow quarter over quarter in Q2 2026?
MYR Group's revenue rose $81.3M (+8%) from $1.0B in Q1 2026 to $1.1B in Q2 2026.
What drove MYR Group's revenue change in Q2 2026?
C&I +$98.3M (+21%); T&D −$16.9M (-3%).