DYCOM INDUSTRIES INC (DY) Form 8-K — Aug 26, 2026
Dycom Industries reported record fiscal 2027 second quarter results on August 26, 2026, with contract revenues of $2.006 billion, up 45.6% year over year (16.7% organic). Net income was $115.6 million, or $3.81 per diluted share, while adjusted diluted EPS was $5.29 and adjusted EBITDA hit $315.5 million, or 15.7% of revenues. Total backlog reached a record $12.242 billion, up 53.2% from a year ago, with a 1.4x organic book-to-bill year to date. The company also completed its acquisition of National Technology Integrators, which contributed approximately $22.9 million of revenue in the quarter and expands Dycom's data-center structured cabling capabilities.
Key figures
- Eps
- 3.81
- Revenue
- 2005907000
- Guidance
- FY2027 (ending Jan 30, 2027) contract revenues $7.48B-$7.66B (Communications $5.90B-$6.01B; Building Systems $1.58B-$1.65B); Q3 FY2027 revenues $1.90B-$1.98B, Adjusted EBITDA $281M-$302M, Adjusted Diluted EPS (ex-amortization) $4.33-$4.79
- Net Income
- 115637000
- Total Debt
- $2,842.7 million notional (balance sheet long-term debt $2,791.3 million plus $28.4 million current portion)
- Revenue Yoy
- 45.6% (16.7% organic)
- Total Assets
- 6540044000
- Cash Position
- 340080000
- Backlog
- $12.242 billion (+53.2% YoY)
- Liquidity
- $1,086.5 million
- Ytd Revenue
- $3,970.7 million (+50.6%)
- Free Cash Flow
- $37.9 million in Q2 FY2027 vs $18.4 million prior year
- Adjusted EBITDA
- $315.5 million (15.7% of revenues, +81 bps YoY)
- Notional Net Debt
- $2,502.6 million
- Adjusted Net Income
- $160.7 million
- Organic Book To Bill
- 1.4x YTD FY2027
- Adjusted Diluted EPS
- 5.29
- Interest Expense Net
- $38.0 million vs $15.6 million prior year
- Backlog Next12 Months
- $6.472 billion
- Communications Revenue
- $1.608 billion (+16.7% organic)
- Ytd Adjusted Diluted EPS
- 9.71
- Building Systems Revenue
- $397.5 million (24.5% adjusted EBITDA margin)
- Cash Paid For Acquisitions
- $225.5 million net in Q2 FY2027
- Wireless Revenue Deferral
- approximately $150 million deferred into fiscal 2028
- Acquisition Revenue Contribution
- $22.9 million from National Technology Integrators in Q2
Price after filing
Close on the filing date to close N calendar days later (from $351.80). Historical, not a forecast.
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