Everus Construction Group, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, reporting third-quarter and nine-month financial results for the period.

Key Highlights

  • Third-quarter operating revenues: $1,384,229 thousand, up from $986,820 thousand in the same period of 2025, according to the filing.
  • Third-quarter net income: $91,916 thousand, compared with $56,977 thousand in Q3 2025, as reported.
  • Diluted earnings per share: $1.79 for the three months ended September 30, 2026, versus $1.11 in the prior-year quarter.
  • Nine-month net income: $234,122 thousand for the nine months ended September 30, 2026, against $146,492 thousand in the same period of 2025.
  • Total assets: $2,706,344 thousand as of September 30, 2026, compared with $1,728,731 thousand as of December 31, 2025.
  • Goodwill: $372,562 thousand as of September 30, 2026, rising from $143,224 thousand at December 31, 2025, reflecting acquisition activity during the period.
  • Shares outstanding: 51,064,160 shares of common stock as of November 2, 2026.

Everus Construction Group Reports Higher Revenue and Earnings for Q3 and First Nine Months of 2026

According to the filing, Everus Construction Group, Inc. (NYSE:ECG), headquartered in Bismarck, North Dakota, reported operating revenues of $1,384,229 thousand for the three months ended September 30, 2026, compared with $986,820 thousand in the corresponding 2025 quarter. Cost of sales for the same period was $1,179,234 thousand, producing gross profit of $204,995 thousand, up from $124,222 thousand a year earlier. Operating income reached $122,406 thousand for the quarter, the company disclosed, compared with $72,381 thousand in Q3 2025.

For the nine months ended September 30, 2026, the filing reported operating revenues of $3,652,729 thousand and net income of $234,122 thousand, against $2,734,915 thousand and $146,492 thousand, respectively, in the first nine months of 2025. Selling, general and administrative expenses for the nine-month period were $204,898 thousand, compared with $140,712 thousand in the prior-year period. Income from equity method investments was $8,577 thousand for the nine months ended September 30, 2026, down from $11,577 thousand in the same period of 2025.

The condensed consolidated balance sheet as of September 30, 2026 showed total assets of $2,706,344 thousand, with goodwill of $372,562 thousand and other intangible assets, net, of $207,671 thousand, both of which were absent or significantly lower at December 31, 2025, indicating acquisition activity during the period. Long-term debt, net of unamortized issuance costs, stood at $542,470 thousand, up from $266,549 thousand at year-end 2025. Total stockholders' equity was reported at $864,495 thousand. The filing also noted accumulated other comprehensive loss of $3,661 thousand as of September 30, 2026, attributable to foreign currency translation adjustments, with no comparable amount at December 31, 2025.

What Was Disclosed

Everus Construction Group filed a quarterly report covering the three and nine months ended September 30, 2026, disclosing income statement results, balance sheet data, and changes in equity and cash flows, including significant growth in goodwill and intangible assets tied to acquisitions completed during the period.