Inferra AI / Company / MYRG

Myr Group Inc.

MYRG · Industrials

Last earnings Jul 29, 2026

Key results

Quarterly revenuequarter

$900.3 million

Quarterly revenues of $900.3 million Record quarterly

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Net incomequarter

$26.5 million

net income of $26.5 million, or $1.70 per diluted share Record quarterly EBITDA of $55.6 million Backlog of $2.64 billion Management Comments Rick Swartz, MYR s President and CEO, said, Our second quarter performance resulted in quarterly

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Revenuequarter

$900 million

revenues of $900 million and backlog of $2.64 billion with net income, consolidated gross profit, gross margin and EBITDA all increasing compared to the same period of 2024.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Second Quarter Results MYR reported second-quarter 2025 revenues of $900.3 million, an increase of $71.4 million, compared to the second quarter of 2024.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Our Commercial and Industrial ( C I ) segment reported quarterly revenues of $394.1 million, an increase of $23.4 million, from the second quarter of 2024.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Gross marginquarter

11.5 percent

Gross margin increased to 11.5 percent for the second quarter of 2025 from 4.9 percent for the second quarter of 2024.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Changes in estimates of gross profit on certain projects resulted in gross margin decreases of 1.0 percent and 7.2 percent for the second quarter of 2025 and 2024, respectively.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

For the second quarter of 2025, net income was $26.5 million, or $1.70 per diluted share, compared to net loss of $15.3 million, or ($0.91) per diluted share, for the same period of 2024.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

AI analysis

Q2 2025 · reported Jul 30, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Quarterly revenue · Q2 2025

$900.3M

EX-99 · Jul 30, 2025

Diluted EPS · Q2 2025

$1.70

EX-99 · Jul 30, 2025

Net income · Q2 2025

$26.5M

EX-99 · Jul 30, 2025

Revenue · Q2 2025

$900M

EX-99 · Jul 30, 2025

Headline figures

Metric	Q2 2025	Prior qtr	Year ago
Quarterly revenue	$900.3 million	—	—
Net income	$26.5 million	—	—
Revenue	$900 million	—	—
Gross margin	11.5 percent	—	—

EX-99 · Jul 30, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin11.5 percent

Capital allocation

Announces Second-Quarter and First-Half 2025 Results Board Approves New $75 Million Share Repurchase Program Thornton, Colo.

The period-over-period increase was primarily due to higher average outstanding debt balances partially offset by lower interest rates during the second quarter of 2025 as compared to the second quarter of 2024.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Announces Second-Quarter and First-Half 2025 Results Board Approves New $75 Million Share Repurchase Program

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Announces Second-Quarter and First-Half 2025 Results Board Approves New $75 Million Share Repurchase Program Thornton, Colo.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

The period-over-period increase was primarily due to higher average outstanding debt balances, partially offset by lower interest rates during the first half of 2025 as compared to the first half of 2024.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Balance Sheet As of June 30, 2025, MYR had $383.3 million of borrowing availability under its $490 million revolving credit facility.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Share Repurchase Program In addition, the Company announced today that its Board of Directors approved a new share repurchase program (the Repurchase Program ), which authorizes the Company to repurchase, in the aggregate, up to $75.0 million of its outstanding shares of common stock from time to time at management s discretion on the open market or in privately negotiated transactions, including through Rule 10b5-1 trading plans, structured transactions or other means in accordance with applicable securities laws.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

The amount and timing of repurchases are subject to a variety of factors, including market and business conditions, as well as applicable contractual and legal requirements.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Strategy & priorities

We value the strong relationships we ve established with our customers and continue to leverage the full capabilities of MYR Group companies to enhance the value we deliver while strategically positioning ourselves for future growth.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Fair Value Measurements The Company uses the three-tier hierarchy of fair value measurement, which prioritizes the inputs used in measuring fair value based upon their degree of availability in external active markets.

SEC original ↗Myr Group Inc. — 10-Q Quarterly report10-QJul 29, 2026

These tiers include: Level 1 (the highest priority), defined as observable inputs, such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3 (the lowest priority), defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions.

SEC original ↗Myr Group Inc. — 10-Q Quarterly report10-QJul 29, 2026

The Company has an expansion option to increase the commitments under the Facility or enter into incremental term loans, subject to certain conditions, by up to an additional $ 200 million upon receipt of additional commitments from new or existing lenders.

SEC original ↗Myr Group Inc. — 10-Q Quarterly report10-QJul 29, 2026

Risks & headwinds

Forward-looking statements are generally accompanied by words such as anticipate, believe, estimate, expect, intend, likely, may, objective, outlook, plan, project, possible, potential, should, unlikely, or other words that convey the uncertainty of future events or outcomes.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Forward-looking statements in this announcement should be evaluated together with the many uncertainties that affect MYR's business, particularly those mentioned in the risk factors and cautionary statements in Item 1A.

SEC original ↗Myr Group Inc. — Earnings release (8-K exhibit)EX-99Jul 30, 2025

Legal Proceedings 36 Item 1A.

SEC original ↗Myr Group Inc. — 10-Q Quarterly report10-QJul 29, 2026

This update was made to better align external reporting with how management evaluates the effect of economic factors on the nature, amount, timing and uncertainty of revenue and cash flows.

SEC original ↗Myr Group Inc. — 10-Q Quarterly report10-QJul 29, 2026

These indemnification obligations may subject the Company to indemnity claims, liabilities and related litigation.

SEC original ↗Myr Group Inc. — 10-Q Quarterly report10-QJul 29, 2026

Documents

Earnings deck slides

0 decks with slide view

Myr Group Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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