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[BUSINESS] · United States, Canada · 2 sources

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MYR Group posts record $1.08 billion Q2 revenue and $3.17 EPS

MYR Group Inc. announced its second‑quarter 2026 results, posting record quarterly revenue of $1.08 billion and earnings per share of $3.17. Net income reached $49.9 million and EBITDA was $85.0 million. The company reported a backlog of $3.16 billion at quarter‑end.

President and CEO Rick Swartz highlighted the acquisition of Valley Electric and Comet Electric, which closed on July 1, as a strategic move that expands the firm’s geographic footprint and augments its commercial‑and‑industrial capabilities. The results reflect strong demand for electric‑utility infrastructure projects across the United States and Canada.

Entities

Comet Electric · MYR Group Inc. · Rick Swartz · Valley Electric