Everus Construction Group, Inc.

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.

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.

Everus Construction Group, Inc. announced it has entered into a definitive agreement to acquire Epsilon Industries for $295 million in cash. Epsilon is a leading designer and manufacturer of complex, modular mechanical and electrical building infrastructure systems. The acquisition is expected to close in the third quarter of 2026 and will be funded through a combination of cash on hand and credit facilities. This strategic move aims to strengthen Everus' off-site modular construction capabilities, enhance geographic and market exposure, and is expected to be financially cash accretive.

Everus Construction Group, Inc. held its Annual Meeting of Stockholders on May 12, 2026, where all three company proposals were approved. Stockholders elected eight directors for one-year terms, approved the advisory vote on named executive officer compensation, and ratified KPMG LLP as the independent registered public accounting firm for 2026. All director nominees received more "for" votes than "against" votes.

Everus Construction Group reported strong financial results for the first quarter ended March 31, 2026, with operating revenues increasing by 25.4% to $1.04 billion and net income surging by 59% to $58.3 million. Diluted earnings per share also saw a significant rise to $1.14. The company experienced a substantial increase in net cash provided by operating activities, reaching $143.7 million, and its remaining performance obligations grew to $3.09 billion.

Everus Construction Group reported record first-quarter 2026 results, with revenues up 25.4% to $1.04 billion and diluted EPS up 58.3% to $1.14. Net income surged 58.9% to $58.3 million, and backlog reached a record $3.68 billion, increasing 20.4% year-over-year. Following these strong results and the recent acquisition of SE&M Constructors for $158 million, the company raised its full-year 2026 revenue guidance to $4.3 billion-$4.4 billion and EBITDA guidance to $345 million-$360 million.