Quarterly ResultAug 5, 2026, 04:59 PM
Everus Construction Q2 Revenue +33.6% to $1.23B; EPS $1.64
AI Summary
Everus Construction Group reported strong second-quarter 2026 financial results, with operating revenues increasing by 33.6% to $1.23 billion and diluted earnings per share rising by 59.2% to $1.64. Net income for the quarter grew by 58.7% to $83.9 million. The company also completed an acquisition during the first half of 2026, investing $147.6 million, which contributed to a significant increase in goodwill and intangible assets.
Key Highlights
- Q2 2026 operating revenues increased 33.6% to $1.23 billion.
- Q2 2026 diluted EPS rose 59.2% to $1.64.
- Net income for Q2 2026 was $83.9 million, up 58.7%.
- Net cash provided by operating activities surged to $196.8 million in H1 2026.
- Acquisition of $147.6 million completed in H1 2026.
- E&M segment revenue grew 42.0% to $1.01 billion in Q2.
- Industrial customer revenue jumped 91.0% to $147.7 million in Q2.
Price Impact
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