Dycom Industries Sets Q2 Revenue Record

Dycom Industries(NYSE:DY) reported second-quarter 2026 results on August 20, 2025, posting record revenue of $1.38 billion (up 14.5% year-over-year), record adjusted EBITDA of $205.5 million (up 29.8% year-over-year, 14.9% margin), and diluted EPS of $3.33. Management reaffirmed full-year revenue guidance of $5.29 billion to $5.425 billion for fiscal 2026 and highlighted a growing $8 billion total backlog and accelerating exposure to hyperscaler and data center growth drivers. The following analysis delivers three uniquely actionable strategic insights drawn directly from management commentary and supporting data points, focusing on market positioning, margin durability, and the scale of data center opportunities in Dycom's addressable market.At quarter-end, backlog reached $7.99 billion, with $4.60 billion expected to convert over the next twelve months, marking a 20.2% year-over-year increase in next-twelve-months backlog. Backlog expansion was supported by a post-quarter multi-state award for both service and maintenance and fiber-to-the-home (FTTH) initiatives. Dycom continues to benefit from customer consolidation trends in partner selection.Backlog momentum reflects expanding contract wins across Dycom's footprint, directly underpinned by customer consolidation and long-term FTTH programs, increasing multi-year revenue visibility despite timing variation in bookings, as evidenced by management's commentary on short-term variation in reported backlog due to contract timing.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool