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Everus Construction Group, Inc.

For the period ended Jun 30, 2026. Filed Aug 5, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 5, 2026

ECG$76.60+5.7%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2026

or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _____________ to ______________

Commission File Number:001-42276

(Exact name of registrant as specified in its charter)

Delaware99-1952207
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
1730 Burnt Boat Drive Bismarck, North Dakota58503
(Address of principal executive offices)(Zip code)

(701)221-6400

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of exchange on which registered
Common Stock, par value $0.01 per shareECGNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐.

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐No ☒.

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of August 3, 2026:51,063,836 shares.

INDEX

Page
Industry Information2
Part I -- Financial Information3
Item 1. Financial Statements. (Unaudited)3
Condensed Consolidated Statements of Income - Three and Six Months Ended June 30, 2026 and 20253
Condensed Consolidated Balance Sheets - June 30, 2026 and December 31, 20254
Condensed Consolidated Statements of Equity - Three and Six Months Ended June 30, 2026 and 20255
Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2026 and 20256
Notes to Condensed Consolidated Financial Statements7
1. Background and Nature of Operations7
2. Basis of Presentation and Summary of Significant Accounting Policies7
3. Revenue from Contracts with Customers11
4. Acquisition16
5. Goodwill and Other Intangible Assets18
6. Fair Value Measurements20
7. Debt22
8. Leases23
9. Earnings Per Share25
10. Stock-Based Compensation26
11. Income Taxes27
12. Segment Information27
13. Commitments, Contingencies and Guarantees32
14. Related-Party Transactions33
15. Subsequent Events34
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.35
Item 3. Quantitative and Qualitative Disclosures About Market Risk.51
Item 4. Controls and Procedures.52
Part II -- Other Information53
Item 1. Legal Proceedings.53
Item 1A. Risk Factors.53
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.53
Item 3. Defaults Upon Senior Securities.53
Item 4. Mine Safety Disclosures.53
Item 5. Other Information.53
Item 6. Exhibits.54
Signatures55
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.