The financials
MYR Group Inc. by the numbers
MYR Group Inc. (MYRG) reported revenue of $1.00B in Q1 2026 (quarter ended March 31, 2026), up 20% from the same quarter a year earlier. That came with a gross margin of 13% and net income of $47M (4.7% of revenue). For the full year FY2025, revenue was $3.66B (+8.8% year on year) and net income $118M. Its largest segment in 2026-Q2 was Commercial And Industrial at $489M, 76% of the disclosed total, just ahead of Transmission And Distribution at 24%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.00B | $834M | +20% |
| Gross profit | $134M | $97M | +39% |
| Operating income | $65M | $34M | +89% |
| Net income | $47M | $23M | +101% |
| Diluted EPS | $2.99 | $1.45 | +106% |
| Operating | Revenue | Share |
|---|---|---|
| Commercial And Industrial | $489M | 76% |
| Transmission And Distribution | $159M | 24% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $647.9M (+19%)
Commercial And Industrial grew +48% year on yearTransmission And Distribution -11% year on year
Segment Latestquarter on quarteryear on year
- Commercial And Industrial$489.3M$489.3MQoQ +24%year on year +48%+24%+48%
- Transmission And Distribution$158.6M$158.6MQoQ +5.6%year on year -11%+5.6%-11%
Engineering & Construction
Ranks #19 of 27 by Smart Score