Quarterly ResultAug 4, 2026, 04:40 PM
Everus Q2 Revenue $1.23B, EPS $1.64; Raises 2026 Guidance
AI Summary
Everus Construction Group reported record second quarter 2026 financial results, with revenues increasing 33.7% to $1.23 billion and net income rising 58.9% to $83.9 million. Diluted EPS also reached a record $1.64. Driven by strong performance and robust demand, the company raised its full-year 2026 revenue guidance to $4.5 billion-$4.7 billion and EBITDA guidance to $410 million-$425 million. The company also highlighted the recently announced acquisition of Epsilon Industries, which is expected to expand its modular construction capabilities.
Key Highlights
- Q2 2026 revenues reached a record $1.23 billion, up 33.7% year-over-year.
- Q2 2026 net income was a record $83.9 million, a 58.9% increase.
- Q2 2026 diluted EPS was a record $1.64, up 59.2% from the prior year.
- Backlog grew to a record $4.55 billion as of June 30, 2026, up 52.8% year-over-year.
- Full-year 2026 revenue guidance raised to $4.5 billion to $4.7 billion.
- Full-year 2026 EBITDA guidance raised to $410 million to $425 million.
- E&M segment revenues increased 41.6% to $1.01 billion in Q2 2026.
- Company announced definitive agreement to acquire Epsilon Industries on July 31.
Price Impact
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