Filing Flows › MYR Group (MYRG) › Q2 2026
MYR Group (MYRG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
MYR Group (MYRG) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +8% from the quarter before. Operating margin was 6.3%, net earnings $49.9M (4.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +8% | +20% |
| Gross profit | $143M | +6% | +38% |
| Operating profit | $67.9M | +5% | +71% |
| Net earnings | $49.9M | +7% | +88% |
| Operating cash flow | $3.3M | -96% | -90% |
What changed
Revenue was $1.1B in Q2 2026, up 20% year over year and up 8% from the previous quarter. C&I was the largest line at 52% of revenue. C&I added $0.16B year over year (up 42%), 90% of the total change.
Gross margin was 13.2%, up 1.7 points from Q2 2025. Operating profit was $0.07B, a 6.3% margin (up 1.9 points year over year). Of the extra revenue versus Q2 2025, 16% reached operating profit, above the 4% margin then. Operating expenses grew 17% against revenue growth of 20%. The fastest-growing cost line was SG&A (+18%). Net earnings were $0.05B, up 88% year over year. The effective tax rate was 25.7%.
Operating cash flow was $3.3M (down 90% year over year), 7% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.03B.
Questions
What was MYR Group's revenue in the second quarter 2026?
MYR Group (MYRG) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +8% from the quarter before.
Was MYR Group profitable in the second quarter 2026?
Operating profit was $67.9M (6.3% of revenue) and net earnings $49.9M.
Source: MYR Group 10-Q on SEC EDGAR.