Everus Q1 revenue rises 32.1% to $826.6 million; 2025 guidance affirmed
Everus Construction Group reported first quarter 2025 revenue of $826.6 million, up 32.1%, and net income of $36.7 million, up 30.1%, with diluted EPS of 72 cents versus 55 cents a year earlier. The company affirmed its full-year 2025 guidance, which calls for revenue of $3.0 billion to $3.1 billion and EBITDA of $210 million to $225 million. Operating cash flow fell to $7.1 million and free cash flow was negative $8.1 million, which shareholders may watch alongside the profit growth.
Key points
- Revenue $826.6 million vs. $625.7 million; electrical and mechanical revenue up 47.0% to $648.2 million
- Net income $36.7 million vs. $28.2 million; diluted EPS 72 cents vs. 55 cents
- Backlog $3.1 billion at March 31, 2025, up 10.0% from Dec. 31, 2024
- Operating cash flow $7.1 million vs. $21.8 million; capital expenditures $18.5 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.