Every material Form 8-K MYR Group filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
MYR Group reported third-quarter 2025 revenue of $950.4 million, up $62.4 million from a year earlier, and net income of $32.1 million, or $2.05 per diluted share, compared with $10.6 million, or $0.65 per share, in the third quarter of 2024. Gross margin rose to 11.8 percent from 8.7 percent, and backlog reached $2.66 billion as of September 30, 2025, which points to stronger profitability and demand for shareholders. The filing does not include updated financial guidance.
Q3 2025 revenue was $950.4 million, up $62.4 million from Q3 2024.
Q3 2025 net income was $32.1 million, or $2.05 per diluted share, versus $10.6 million, or $0.65 per diluted share, a year earlier.
Gross margin increased to 11.8 percent from 8.7 percent; backlog was $2.66 billion as of September 30, 2025.
Management will host a conference call on Thursday, October 30, 2025, at 8:00 a.m. Mountain time.
MYR Group Inc. appointed Aurelie P. Richard as a director effective August 26, 2025, filling the seat left open by William D. Patterson's retirement from the board on April 24, 2025. She also joins the Audit Committee and will stand for election at the 2026 annual meeting.
Richard fills the board vacancy left by William D. Patterson's retirement on April 24, 2025.
She serves on the Board's Audit Committee and will stand for election at the 2026 Annual Meeting.
Richard is the Chief Financial and Strategy Officer of S&C Electric Company, with over thirty years of finance and management experience.
The company will enter its standard director indemnification agreement with Richard and she will join its non-employee director compensation program.
MYR Group reported second-quarter 2025 revenue of $900.3 million, up $71.4 million from a year earlier, and net income of $26.5 million, or $1.70 per diluted share, compared with a net loss of $15.3 million, or $0.91 per share, in the same period of 2024. The Board also approved a new share repurchase program of up to $75.0 million, which replaces a prior $75.0 million program that the company said had substantially run out of funds.
Q2 2025 revenue of $900.3 million, up $71.4 million from Q2 2024
Net income of $26.5 million, or $1.70 per diluted share, versus a net loss of $15.3 million a year earlier
Backlog of $2.64 billion as of June 30, 2025, up $97.7 million, or 3.8 percent, from June 30, 2024
New repurchase program of up to $75.0 million, expiring February 4, 2026 or when funds are exhausted, to be funded with cash on hand and credit facility borrowings
MYR Group reported first-quarter 2025 results in a press release furnished with this 8-K. Revenue, net income, diluted earnings per share and EBITDA all rose from the first quarter of 2024, and backlog reached $2.64 billion.
Contract revenues were $833.6 million, up $18.0 million from the first quarter of 2024
Net income was $23.3 million, or $1.45 per diluted share, versus $18.9 million, or $1.12 per diluted share, a year earlier
EBITDA, a non-GAAP measure, was $50.2 million versus $39.8 million; gross margin was 11.6 percent versus 10.6 percent
Backlog was $2.64 billion at March 31, 2025, up from $2.58 billion at December 31, 2024; the company repurchased $75.0 million of common stock in the quarter
MYR Group reported fourth-quarter 2024 revenue of $829.8 million, down 17.4% from a year earlier, and net income of $16.0 million, or $0.99 per diluted share, versus $1.43 a year earlier. For full-year 2024, revenue fell 7.7% to $3.36 billion and net income fell to $30.3 million, or $1.83 per diluted share, from $5.40 in 2023. The board also approved a $75.0 million share repurchase program that expires on September 5, 2025, which the company intends to fund with cash on hand and credit facility borrowings.
Q4 2024 revenue was $829.8 million, down $174.4 million from Q4 2023; net income was $16.0 million, or $0.99 per diluted share, versus $1.43
Full-year 2024 revenue was $3.36 billion, down 7.7%; net income was $30.3 million, or $1.83 per diluted share, versus $5.40 in 2023
Backlog was $2.58 billion at December 31, 2024, compared with $2.60 billion at September 30, 2024
Repurchase program authorizes up to $75.0 million of common stock through September 5, 2025, or until funds are exhausted
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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