Filing Flows › MYR Group (MYRG) › Q2 2026 › vs Q2 2025
MYR Group (MYRG) Q2 2026 vs Q2 2025 (year over year)
MYR Group's revenue rose $181M (+20%) from $900M in Q2 2025 to $1.1B in Q2 2026. The biggest changes: C&I +$164M (+42%); T&D +$17.7M (+4%). Gross margin 13.2% against 11.5% (+1.7 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 13.2% | 11.5% | +1.7 pts |
| Operating margin | 6.3% | 4.4% | +1.9 pts |
| Net margin | 4.6% | 2.9% | +1.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| C&I | $558M | $394M | $164M | +42% |
| T&D | $524M | $506M | $17.7M | +4% |
| Revenue | $1.1B | $900M | $181M | +20% |
| Gross profit | $143M | $104M | $39.0M | +38% |
| Cost of revenue | $939M | $797M | $142M | +18% |
| Operating profit | $67.9M | $39.8M | $28.2M | +71% |
| Operating expenses | $74.7M | $63.9M | $10.8M | +17% |
| Pre-tax earnings | $67.1M | $37.4M | $29.7M | +80% |
| SG&A | $74.4M | $63.3M | $11.1M | +18% |
| Other operating costs | $319K | $611K | −$292K | -48% |
| Net earnings | $49.9M | $26.5M | $23.4M | +88% |
| Income tax | $17.3M | $10.9M | $6.4M | +58% |
| Operating cash sources | $73.4M | $46.2M | $27.1M | +59% |
| Depreciation & amortization | $18.0M | $16.3M | $1.7M | +10% |
| Share-based compensation | $5.5M | $3.4M | $2.1M | +61% |
| Working capital & other | $70.0M | $13.4M | $56.7M | +424% |
| Operating cash flow | $3.3M | $32.9M | −$29.5M | -90% |
| Capital expenditures | $28.9M | $21.2M | $7.7M | +36% |
| Negative free cash flow (OCF − capex) | $25.6M | −$11.6M | $37.2M | — |
Questions
How much did MYR Group's revenue grow year over year in Q2 2026?
MYR Group's revenue rose $181M (+20%) from $900M in Q2 2025 to $1.1B in Q2 2026.
What drove MYR Group's revenue change in Q2 2026?
C&I +$164M (+42%); T&D +$17.7M (+4%).