Dycom Industries Posts Record Q2 Results: Contract Revenues Surge 14.5%, Net Income Rises 42.5%, and EPS Increases 35.4%

Reuters
Aug 20
Dycom Industries Posts Record <a href="https://laohu8.com/S/QTWO">Q2</a> Results: Contract Revenues Surge 14.5%, Net Income Rises 42.5%, and EPS Increases 35.4%

Dycom Industries Inc. has announced its fiscal 2026 second-quarter results, highlighting record achievements in several financial metrics. The company reported contract revenues of $1.378 billion, marking a 14.5% increase compared to the second quarter of fiscal 2025. Additionally, net income reached a record $97.5 million, representing a 42.5% increase from the previous year. The GAAP diluted earnings per share $(EPS)$ rose by 35.4% to $3.33, compared to the non-GAAP diluted EPS of the prior year. The company also achieved a record adjusted EBITDA of $205.5 million, up 29.8% from the previous year, accounting for 14.9% of contract revenues. Operating cash flows were recorded at $57.4 million, and Dycom reported a backlog of $8.0 billion as of July 26, 2025. Looking ahead, Dycom provided guidance for the third quarter of fiscal 2026, expecting contract revenues to be between $1.38 billion and $1.43 billion. The company forecasts non-GAAP adjusted EBITDA to range from $198 million to $213 million, with diluted earnings per common share anticipated to be between $3.03 and $3.36. Dan Peyovich, Dycom's President and CEO, emphasized the company's strong performance, attributing it to effective strategy and execution in a rapidly expanding market. He noted the increasing demand for digital infrastructure and stated that Dycom is well-positioned to meet customer needs and achieve its full-year growth targets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dycom Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9515136-en) on August 20, 2025, and is solely responsible for the information contained therein.

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