Dycom Q4 revenue rises on organic contract strength

Dycom Industries

04/03/2026 12:08

Overview

Telecom contractor's fiscal Q4 contract revenues rose 34.4%, driven by organic growth

Adjusted net income for fiscal Q4 rose 42% yr/yr, exceeding expectations

Company completed acquisition of Power Solutions, expanding into data center market

Outlook

Dycom expects fiscal 2027 revenue between $6.85 bln and $7.15 bln

Company anticipates fiscal 2027 adjusted EBITDA margin expansion

Dycom forecasts Q1 fiscal 2027 revenue between $1.64 bln and $1.71 bln

Result Drivers

ORGANIC GROWTH - Dycom's Q4 revenue growth was driven by a 16.6% increase in organic contract revenues, attributed to strong demand for fiber infrastructure and maintenance services

ACQUISITION IMPACT - The acquisition of Power Solutions contributed to Dycom's entry into the data center market, impacting Q4 results

OPERATIONAL EXCELLENCE - Record free cash flow in Q4 was attributed to operational excellence, according to CEO Dan Peyovich

Company press release: ID:nGNX19nJ5w

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Contract Revenue
$1.46 bln
Q4 EPS
$0.55
Q4 Net Income
$16.30 mln
Q4 Adjusted EBITDA
$162.40 mln
Q4 Pretax Profit
$17.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Dycom Industries Inc is $420.00, about 4.1% above its March 3 closing price of $403.49

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 29 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)