MYR Group Reports $950 Million Revenue and Record $32.1 Million Net Income for Q3 2025
MYR Group Inc. reported third-quarter 2025 revenues of $950.4 million. Net income for the quarter was $32.1 million, or $2.05 per diluted share. EBITDA reached $62.7 million for the quarter, marking a record level. The company reported a backlog of $2.66 billion as of the end of the quarter. As of September 30, 2025, MYR Group Inc. had $399.8 million of borrowing availability under its $490 million revolving credit facility. The company stated that growth in revenue, net income, consolidated gross profit, gross margin, and EBITDA was driven by customer relationships, expansion in core markets, and increased demand for electrical infrastructure projects.
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