Everus Construction Group, Inc.
For the period ended Sep 30, 2026. Filed Nov 6, 2026.
View on SEC.govAbout 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.
Sep 30, 2026 · Filed Nov 6, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-08-05.
0002015845-26-000050
Item 1A. Risk FactorsCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-11-06.
0002015845-26-000061
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 2 previous paragraphs and 15 current paragraphs.
1 unchanged; 1 reworded; 13 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (13)
Current report
Our international operations expose us to legal, political, and economic risks in Canada as well as currency exchange rate fluctuations that could harm our business, financial results and/or cash flows. We could also be adversely affected by our failure to comply with laws applicable to our foreign activities.
Current report
During the third quarter of 2026, the Company completed an acquisition with foreign operations. The revenues and net loss from Canadian operations were immaterial to our third quarter 2026 consolidated results. However, to the extent our Canadian operations grow as a proportion of our consolidated results, our exposure to the risks described below will increase.
Current report
There are risks inherent in doing business internationally, including, among others:
Current report
•Imposition of governmental controls and changes in laws, regulations, policies, practices, taxes, and imposed and proposed tariffs;
Current report
•Changes in United States and other national government import/export requirements, imposed and proposed tariffs, trade policies and relations affecting the market for our services, including arising from policy initiatives implemented by governmental administrations and any retaliatory or responsive actions by foreign governments, which could increase our cost of materials, equipment and components;
Current report
•Potential non-compliance with a wide variety of laws and regulations, including among others, the Foreign Corrupt Practices Act, Canada’s Corruption of Foreign Public Officials Act, customs and trade laws, and similar laws, regulations, or international agreements;
Current report
•Currency exchange rate fluctuations, devaluations and other conversion restrictions;
Current report
•Delays, disruptions and increased costs associated with transporting materials, components and products across borders, and the risk that customs authorities disagree with our tariff classifications or other customs treatment, which could result in fines and penalties;
Current report
•Difficulties in enforcing contractual and intellectual property rights in foreign jurisdictions;
Current report
•Restrictions on, or fees or taxes associated with, repatriating foreign profit and assets back to the United States; and
Current report
•Difficulties in staffing and managing international operations, including integrating any acquired business, managing foreign operations effectively from the United States, and understanding and complying with local laws, regulations and customs, including labor and employment laws.
Current report
There is no assurance that our policies or procedures will protect us against liability under certain laws for actions taken by or on behalf of our Company. If we are found to be liable for violations (either due to our own acts or our inadvertence, or due to the acts or inadvertence of others), the Company could suffer severe criminal or civil penalties or other sanctions, which could have a material adverse effect on the Company’s reputation, business, financial results and/or cash flows.
Reworded paragraphs (1)
Previous wording
As of June 30, 2026, there were no material changes to the Company's risk factors that were previously disclosed in the Company’s 2025 Annual Report. Please refer to the Company's 2025 Annual Report for the risk factors that could materially harm the Company's business, prospects, financial results and/or financial condition if they occur.
Current wording
As of September 30, 2026, except as described below, there were no material changes to the Company's risk factors that were previously disclosed in the Company’s 2025 Annual Report. Please refer to the below and the Company's 2025 Annual Report for the risk factors that could materially harm the Company's business, prospects, financial results and/or financial condition if they occur.