Dycom Industries, Inc. (DY) Income Statement
DY FY2026 at a glance
Fiscal year ended January 31, 2026 · U.S. dollarsDY revenue and net income
Where DY's revenue goes
FY2026Each bar shows an amount and its share of revenue. DY kept 5.1% of revenue as net income.
DY profit margins
DY growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.9% | +13.3% | +11.6% | +11.8% |
| Gross profit | +55.4% | +31.3% | +24.5% | +16.7% |
| Operating income | +104.0% | +48.9% | +41.7% | +23.4% |
| Net income | +20.5% | +25.5% | +52.3% | +12.8% |
| EPS (diluted) | +28.4% | +31.7% | +33.7% | +12.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DY quarterly EPS vs estimates
Dycom Industries beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 18, 2026 (estimate $4.35).
DY income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.55B | $4.70B | $4.18B | $3.81B | $3.13B | $3.20B | $3.34B | $3.13B | $2.67B | $2.82B |
| Cost of revenue | $4.41B | $3.97B | $3.52B | $3.30B | $2.79B | $2.82B | $2.97B | $2.74B | $2.21B | $2.45B |
| Gross profit | $1.14B | $733.6M | $650.7M | $504.0M | $344.0M | $381.3M | $372.4M | $385.7M | $464.0M | $369.6M |
| Research & development | — | — | — | — | — | — | — | $0 | — | $0 |
| Sales, general & admin | $445.5M | $393.0M | $327.7M | $293.5M | $262.4M | $259.8M | $254.6M | $269.1M | $239.2M | $239.2M |
| Total operating expenses | $445.5M | $393.0M | $327.7M | $293.5M | $262.4M | $259.8M | $254.6M | $269.1M | $216.4M | $249.9M |
| Operating income | $694.6M | $340.5M | $323.0M | $210.5M | $81.6M | $121.5M | $117.8M | $116.6M | $247.6M | $119.8M |
| Interest income | $66.5M | $61.0M | $52.6M | $40.6M | $33.2M | $29.7M | $50.9M | $44.4M | $19.6M | $37.4M |
| Interest expense | $66.5M | $61.0M | $52.6M | $40.6M | $33.2M | $29.7M | $50.9M | $44.4M | $37.4M | $39.1M |
| Income before taxes | $367.9M | $307.8M | $292.0M | $180.1M | $52.8M | $59.2M | $78.5M | $88.0M | $206.3M | $93.1M |
| Income taxes | $86.7M | $74.4M | $73.1M | $37.9M | $4.2M | $24.9M | $21.3M | $25.1M | $77.6M | −$44.6M |
| Net income | $281.2M | $233.4M | $218.9M | $142.2M | $48.6M | $34.3M | $57.2M | $62.9M | $157.2M | $157.2M |
| EBITDA | $704.0M | $567.4M | $507.7M | $397.0M | $270.4M | $296.6M | $347.0M | $312.0M | $366.0M | $302.3M |
| EPS (diluted) | $10.82 | $8.43 | $7.37 | $4.74 | $1.53 | $2.53 | $2.27 | $2.78 | $3.88 | $5.21 |
| Gross margin | 20.6% | 15.6% | 15.6% | 13.2% | 11.0% | 11.9% | 11.2% | 12.3% | 17.4% | 13.1% |
| Operating margin | 12.5% | 7.2% | 7.7% | 5.5% | 2.6% | 3.8% | 3.5% | 3.7% | 9.3% | 4.2% |
| Net margin | 5.1% | 5.0% | 5.2% | 3.7% | 1.6% | 1.1% | 1.7% | 2.0% | 5.9% | 5.6% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.01B | $1.96B | $1.46B | $1.45B | $1.38B | $1.26B | $1.08B | $1.27B | $1.20B | $1.14B | $952.5M | $1.14B |
| Cost of revenue | $1.68B | $1.69B | $1.01B | $1.19B | $1.13B | $1.07B | $942.7M | $1.06B | $999.5M | $966.8M | $836.7M | $929.2M |
| Gross profit | $324.9M | $275.1M | $446.4M | $258.0M | $246.6M | $189.1M | $141.8M | $212.6M | $203.6M | $175.6M | $115.8M | $206.9M |
| Sales, general & admin | $132.9M | $131.3M | $127.7M | $107.3M | $106.8M | $103.7M | $88.1M | $110.8M | $99.6M | $94.6M | $73.0M | $87.5M |
| Total operating expenses | $132.9M | $131.3M | $127.7M | $107.2M | $106.8M | $103.7M | $88.1M | $110.8M | $99.6M | $94.6M | $73.0M | $87.5M |
| Operating income | $192.0M | $143.8M | $318.7M | $150.7M | $139.8M | $85.4M | $53.7M | $101.8M | $104.0M | $81.0M | $42.8M | $119.4M |
| Interest income | — | — | $23.1M | $13.8M | $15.6M | $14.0M | $16.1M | $17.5M | — | — | — | — |
| Interest expense | $38.0M | $35.5M | $23.1M | $13.8M | $15.6M | $14.0M | $16.1M | $17.5M | $14.7M | $12.8M | $15.0M | $14.0M |
| Income before taxes | $154.0M | $106.7M | $17.9M | $140.3M | $131.1M | $78.6M | $44.2M | $91.3M | $94.8M | $77.4M | $31.8M | $112.4M |
| Income taxes | $38.3M | $15.4M | $1.6M | $33.9M | $33.6M | $17.6M | $11.6M | $21.5M | $26.4M | $14.9M | $8.4M | $28.6M |
| Net income | $115.6M | $91.3M | $16.3M | $106.4M | $97.5M | $61.0M | $32.7M | $69.8M | $68.4M | $62.6M | $23.4M | $83.7M |
| EBITDA | $307.6M | $253.9M | $389.4M | $216.2M | $207.5M | $151.0M | $115.1M | $160.7M | $156.0M | $135.5M | $92.1M | $177.8M |
| EPS (diluted) | $5.29 | $4.42 | $2.03 | $3.63 | $3.33 | $1.83 | $1.17 | $2.68 | $2.46 | $2.12 | $0.79 | $2.82 |
| Gross margin | 16.2% | 14.0% | 30.6% | 17.8% | 17.9% | 15.0% | 13.1% | 16.7% | 16.9% | 15.4% | 12.2% | 18.2% |
| Operating margin | 9.6% | 7.3% | 21.9% | 10.4% | 10.1% | 6.8% | 4.9% | 8.0% | 8.6% | 7.1% | 4.5% | 10.5% |
| Net margin | 5.8% | 4.6% | 1.1% | 7.3% | 7.1% | 4.9% | 3.0% | 5.5% | 5.7% | 5.5% | 2.5% | 7.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DY's financial statements (latest annual report filed March 9, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DY financial results
In fiscal year 2026 (ended January 31, 2026), Dycom Industries reported revenue of $5.5 billion, up 17.9% from the year before. It had net income of $281.2 million (up 20.5%), a net profit margin of 5.1%. Diluted earnings per share came to $10.82. Over five years revenue grew at an average rate of 11.6% a year.
See the DY stock overview for the latest quote and news, or the DY chart for price history and technical indicators.
DY income statement FAQ
What is Dycom Industries's annual revenue?
Dycom Industries reported total revenue of $5.5 billion for fiscal year 2026, which ended on January 31, 2026. That was up 17.9% from $4.7 billion the previous year.
Is Dycom Industries profitable?
Yes. Dycom Industries reported net income of $281.2 million in fiscal 2026, a net profit margin of 5.1%; its operating margin was 12.5%.
What is Dycom Industries's gross margin?
Dycom Industries's gross margin was 20.6% in fiscal 2026: for every $100 of revenue, Dycom Industries kept $21 after the direct cost of its products and services.
How fast is Dycom Industries growing?
Revenue grew 11.6% a year on average over the last five fiscal years, from $3.2 billion to $5.5 billion.
What are Dycom Industries's earnings per share?
Dycom Industries earned $10.82 per diluted share in fiscal 2026, compared with $8.43 a year earlier.
When will Dycom Industries report its next earnings?
Dycom Industries is expected to report results for the quarter ending October 31, 2026 on November 18, 2026.
When does Dycom Industries's fiscal year end?
Dycom Industries's fiscal year ends in January. The latest annual report covers the year ended January 31, 2026 and was filed on March 9, 2026.