Dycom Industries (DY) investor relations material

Fiscal 2026 and Q1 2027 performance highlights

• Achieved $5.5B in FY 2026 contract revenue, up 17.9% year-over-year, with adjusted EBITDA of $738M and a margin of 13.3% (+105 bps).

• FY 2026 adjusted diluted EPS reached $11.97, a 30% increase year-over-year, and total backlog grew to $11.9B as of Q1 2027.

• Q1 2027 delivered record results: $1.96B in contract revenue (+56.1% YoY), $262.5M adjusted EBITDA (+74.6%), and $4.42 adjusted diluted EPS (+84.9%).

Strategic positioning and growth drivers

• Largest specialty contractor focused on U.S. telecommunications and digital infrastructure, with a national workforce of 20,000+.

• Growth anchored by long-term agreements; 93% of FY 2026 revenue from master service and long-term contracts.

• Demand driven by fiber-to-the-home, data center expansion, government programs, and wireless modernization.

Segment performance and expansion

• Communications segment reported $5.45B in FY 2026 revenue and $726.6M adjusted EBITDA (13.3% margin); Q1 2027 revenue up 24.7% YoY.

• Building Systems segment, including Power Solutions, contributed $95.8M in FY 2026 revenue and $11.1M adjusted EBITDA (11.6% margin); Q1 2027 revenue was $395.4M with a 17.7% margin.