Everus Construction Group, Inc. income statement
In fiscal 2025, Everus Construction Group, Inc. reported revenue of $3.75bn, up 31.5% on the year before, operating income of $265m (a 7.1% margin) and net income of $202m, or $3.95 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|
| Revenue | 2,699 | 2,854 | 2,850 | 3,746 | 4,267 |
| Cost of revenue | 2,423 | 2,532 | 2,510 | 3,292 | 3,711 |
| Gross profit | 276 | 322 | 339 | 454 | 555 |
| Selling, general and administrative | 111 | 131 | 150 | 189 | 225 |
| Operating income | 165 | 191 | 190 | 265 | 331 |
| Interest expense | 6 | 17 | 14 | 21 | 20 |
| Income before tax | 160 | 178 | 181 | 258 | 327 |
| Income tax | 41 | 45 | 50 | 72 | 89 |
| Net income | 125 | 137 | 143 | 202 | 254 |
| Diluted EPS | $2.45 | $2.69 | $2.81 | $3.95 | $4.97 |
| Diluted shares (average) | 51m | 51m | 51m | 51m | 51m |
| EBITDA | 184 | 212 | 213 | 293 | 362 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 761 | 760 | 827 | 921 | 987 | 1,011 | 1,037 | 1,232 |
| Cost of revenue | 671 | 673 | 734 | 802 | 863 | 894 | 906 | 1,049 |
| Gross profit | 90 | 86 | 92 | 120 | 124 | 118 | 131 | 183 |
| Selling, general and administrative | 36 | 40 | 42 | 47 | 52 | 49 | 53 | 71 |
| Operating income | 54 | 46 | 51 | 73 | 72 | 69 | 78 | 112 |
| Interest expense | 3 | 5 | 6 | 5 | 5 | 5 | 5 | 5 |
| Income before tax | 52 | 42 | 47 | 70 | 72 | 69 | 76 | 110 |
| Income tax | 14 | 12 | 14 | 19 | 21 | 19 | 20 | 29 |
| Net income | 42 | 34 | 37 | 53 | 57 | 55 | 58 | 84 |
| Diluted EPS | $0.82 | $0.67 | $0.72 | $1.03 | $1.11 | $1.08 | $1.14 | $1.64 |
| EBITDA | 60 | 52 | 58 | 80 | 80 | 76 | 86 | 121 |
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