For the quarter ending 2026-03-31, MYRG had $13,036K increase in cash & cash equivalents over the period. $68,617K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 46,800 | 36,548 | 32,094 | 49,774 |
| Depreciation and amortization of property and equipment | 16,546 | 16,030 | 15,525 | 30,139 |
| Deferred income taxes | - | -12,955 | 2,965 | 347 |
| Amortization of intangible assets | 1,217 | 1,205 | 1,214 | 2,399 |
| Stock-based compensation expense | 3,386 | 5,024 | 4,049 | 5,759 |
| Gain on sale of property and equipment | 922 | 1,048 | 1,512 | 1,701 |
| Other non-cash items | -294 | 33 | -525 | 180 |
| Accounts receivable, net | 32,573 | 2,438 | 1,951 | -55,665 |
| Contract assets, net | -16,885 | -26,883 | 7,595 | 42,167 |
| Receivable for insurance claims in excess of deductibles | -2,440 | -12,665 | -231 | 742 |
| Other assets | -2,955 | 27,535 | -9,504 | -4,737 |
| Accounts payable | 15,715 | 14,903 | -6,338 | 11,133 |
| Contract liabilities, net | -18,748 | 83,264 | 16,627 | -36,516 |
| Accrued self-insurance | -1,451 | -11,019 | 1,973 | 872 |
| Other liabilities | 32,205 | -26,664 | 28,279 | 36,628 |
| Net cash flows provided by operating activities | 84,749 | 114,830 | 95,590 | 116,147 |
| Proceeds from sale of property and equipment | 954 | 2,178 | 2,288 | 3,726 |
| Purchases of property and equipment | 16,132 | 29,905 | 30,178 | 34,289 |
| Other financing activities | - | 0 | - | 0 |
| Net cash flows used in investing activities | -15,178 | -27,727 | -27,890 | -30,563 |
| Borrowings under revolving lines of credit | 48,003 | 119,438 | 146,450 | 488,553 |
| Repayments under revolving lines of credit | 95,417 | 132,374 | 158,353 | 474,695 |
| Payment of principal obligations under equipment notes | 2,247 | 3 | 2,202 | 2,158 |
| Payment of principal obligations under finance leases | 198 | 232 | 276 | 568 |
| Proceeds from exercise of stock options | - | 0 | - | - |
| Debt refinancing costs | - | 0 | 0 | 0 |
| Repurchase of common stock | 0 | 0 | 0 | 75,000 |
| Payments related to tax withholding for stock-based compensation | 6,487 | 0 | 0 | 2,653 |
| Net cash flows used in financing activities | -56,346 | -13,171 | -14,381 | -66,521 |
| Effect of exchange rate changes on cash | -189 | 13 | -64 | 429 |
| Net increase in cash and cash equivalents | 13,036 | 73,945 | 53,255 | 19,492 |
| Beginning of period | 150,156 | -72,747 | 3,464 | - |
| End of period | 163,192 | 73,945 | 76,211 | - |
MYR GROUP INC. (MYRG)
MYR GROUP INC. (MYRG)