MYRG Q4 net income hits USD 36.5 million, up 129.1%

Reuters
Feb 26
MYRG Q4 net income hits USD 36.5 million, up 129.1%

MYR reported Q4 FY2025 revenue of USD 973.5 million (+17.3%), net income of USD 36.5 million (2.3x) and EBITDA of USD 64.2 million. Q4 gross margin was 11.4% and SG&A was USD 64.6 million, while interest expense was USD 0.9 million. For FY2025, MYR posted revenue of USD 3.66 billion, net income of USD 118.4 million and EBITDA of USD 232.7 million, with a year-end backlog of USD 2.82 billion. Management cited increased electrification demand and continued investment in electrical infrastructure, and said the bidding environment remained steady across its T&D and C&I segments.

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