Shares of Everus Construction Group, Inc. (ECG) are skyrocketing in pre-market trading on Wednesday, surging 10.82% following the release of impressive third-quarter financial results for 2025. The company's strong performance across key metrics has sparked investor enthusiasm, driving the stock's significant uptick.

Everus Construction Group reported a robust 30% year-over-year increase in revenue for Q3 2025, primarily fueled by continued momentum in its E&M segment, with particular strength in the data center submarket. The company's EBITDA saw an even more substantial rise, jumping 37% compared to the same period last year. Additionally, the EBITDA margin improved to 9.0%, marking a 0.5 percentage point increase from the prior year.

Further bolstering investor confidence, Everus Construction Group's free cash flow reached $74.8 million, up from $57.8 million in the previous period. The company also reported strong operational cash flow, with net cash provided by operating activities totaling $108.6 million. Moreover, the company's backlog grew to $2.95 billion, representing a 2% increase from the previous year and indicating a healthy pipeline of future projects. These robust financial results and positive outlook appear to be the driving forces behind the stock's pre-market surge.