Filing Flows › MYR Group (MYRG) › How it makes money
How MYR Group (MYRG) makes money
MYR Group (MYRG) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +32% from a year earlier. C&I brought in $704M (56%); T&D brought in $555M (44%). Of every dollar of revenue, 14¢ was left as gross profit, 7¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| C&I | $704M | 56.0% | +26% | +58% |
| T&D | $555M | 44.0% | +6% | +10% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.3B | 100.0% |
| Cost of revenue | $1.1B | 86.4% |
| Gross profit | $171M | 13.6% |
| Operating expenses | $86.1M | 6.8% |
| Operating profit | $85.1M | 6.8% |
| Income tax | $22.3M | 1.8% |
| Net earnings | $60.0M | 4.8% |
| Operating cash flow | $46.1M | 3.7% |
| Free cash flow | $9.2M | 0.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.3B | +32% |
| Q2 2026 | $1.1B | +20% |
| Q1 2026 | $1.0B | +20% |
| Q4 2025 | $974M | +17% |
| Q3 2025 | $950M | +7% |
| Q2 2025 | $900M | +9% |
| Q1 2025 | $834M | +2% |
From MYR Group's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does MYR Group make money?
MYR Group (MYRG) made $1.3B of revenue in the third quarter 2026 (Q3 2026), +32% from a year earlier. C&I brought in $704M (56%); T&D brought in $555M (44%). Of every dollar of revenue, 14¢ was left as gross profit, 7¢ was left as operating profit, 5¢ was left as net earnings.
What is MYR Group's biggest business?
C&I: $704M in the third quarter 2026, 56% of revenue, +58% from a year earlier.
What is MYR Group's profit margin?
Net earnings were $60.0M, 4.8% of revenue, in the third quarter 2026; the operating margin was 6.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.