MYR Group Inc. reported record second-quarter 2026 financial results, with revenues increasing 20% year-over-year to $1.08 billion and net income doubling to $49.9 million, or $3.17 per diluted share. EBITDA rose to a record $85.0 million, while backlog grew 19.6% to $3.16 billion. The company also reported first-half revenues of $2.08 billion and net income of $96.7 million. Gross margin expanded to 13.2% from 11.5%, driven by better-than-anticipated productivity and favorable job closeouts, despite higher SG&A expenses. MYR Group Inc. operates as a holding company for specialty electrical contractors serving the electric utility infrastructure and commercial construction markets.