Everus FY26 Q1 net income climbs 58.9% to $58.3 million; revenue rises 25.4% to $1.04 billion
Everus Construction Group, Inc.
Everus Construction Group, Inc. ECG | 0.00 |
- Everus Construction Group posted first-quarter 2026 net income of USD 58.3 million, up 58.9%, with diluted EPS of USD 1.14, up 58.3%.
- Revenue climbed 25.4% to USD 1.04 billion, while EBITDA rose 43.9% to USD 88.9 million.
- Backlog increased to USD 3.68 billion, up 20.4% year over year, as E&M backlog rose to USD 3.29 billion.
- Completed acquisition of SE&M for USD 158 million, extending reach in the Southeast; pro forma net leverage as of April 2 was about 0.5x.
- Raised 2026 outlook, forecasting revenue of USD 4.3 billion-USD 4.4 billion, with EBITDA of USD 345 million-USD 360 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Everus Construction Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260505292080) on May 05, 2026, and is solely responsible for the information contained therein.
