Dycom Industries Inc (DY) financial statements: income statement, balance sheet and cash flow

Dycom Industries Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 31, 2026 · FY), Dycom Industries Inc reported net income of $281.2M (+20.5% year on year).

Income statement

Dycom Industries Inc income statement, fiscal years

Line item	Jan 31, 2026 · FY	Jan 25, 2025 · FY	Jan 27, 2024 · FY	Jan 28, 2023 · FY
Contract revenues	$5.5B	$4.7B	$4.2B	$3.8B
Costs of earned revenues, excluding depreciation and amortization	$4.4B	$3.8B	$3.4B	$3.2B
General and administrative	$445.5M	$393.0M	$327.7M	$293.5M
Depreciation and amortization	$269.6M	$198.6M	$163.1M	$144.2M
Total	$5.1B	$4.4B	$3.9B	$3.6B
Interest expense, net	($66.5M)	($61.0M)	($52.6M)	($40.6M)
Loss on debt extinguishment	($7.3M)	($965.0K)	$0	$0
Other income, net	$16.6M	$29.2M	$21.6M	$10.2M
Income before income taxes	$367.9M	$307.8M	$292.0M	$180.1M
Provision for income taxes	$86.7M	$74.4M	$73.1M	$37.9M
Net income	$281.2M	$233.4M	$218.9M	$142.2M
Basic earnings per common share (in dollars per share)	$9.68	$8.02	$7.46	$4.81
Diluted earnings per common share (in dollars per share)	$9.56	$7.92	$7.37	$4.74
Basic (in shares)	29.1M	29.1M	29.3M	29.5M
Diluted (in shares)	29.4M	29.5M	29.7M	30.0M

Dycom Industries Inc income statement, quarters

Line item	Aug 1, 2026 · Q3	May 2, 2026 · Q2	Oct 25, 2025 · Q3	Jul 26, 2025 · Q2
Contract revenues	$2.0B	$2.0B	$1.5B	$1.4B
Costs of earned revenues, excluding depreciation and amortization	$1.6B	$1.6B	$1.1B	$1.1B
General and administrative	$132.9M	$131.3M	$107.3M	$106.8M
Depreciation and amortization	$115.6M	$111.6M	$62.2M	$60.9M
Total	$1.8B	$1.8B	$1.3B	$1.2B
Interest expense, net	($38.0M)	($35.5M)	($13.8M)	($15.6M)
Other (expense) income, net	($54.0K)	($1.5M)	$3.3M	$6.8M
Income before income taxes	$154.0M	$106.7M	$140.3M	$131.1M
Provision for income taxes	$38.3M	$15.4M	$33.9M	$33.6M
Comprehensive income	$115.6M	$91.3M	—	—
Net income	$115.6M	$91.3M	$106.4M	$97.5M
Basic earnings per common share (in dollars per share)	$3.84	$3.05	$3.67	$3.37
Diluted earnings per common share (in dollars per share)	$3.81	$3.00	$3.63	$3.33
Basic (in shares)	30.1M	30.0M	29.0M	28.9M
Diluted (in shares)	30.4M	30.4M	29.3M	29.2M

Balance sheet

Dycom Industries Inc balance sheet, fiscal years

Line item	Jan 31, 2026 · FY	Jan 25, 2025 · FY	Jan 27, 2024 · FY	Jan 28, 2023 · FY
Cash and equivalents	$709.2M	$92.7M	$101.1M	$224.2M
Accounts receivable, net (Note 6)	$1.7B	$1.4B	$1.2B	$1.1B
Contract assets	$162.3M	$63.4M	$52.2M	$43.9M
Inventories	$128.3M	$127.3M	$108.6M	$115.0M
Income tax receivable	$19.9M	$3.0M	$2.7M	$3.9M
Other current assets	$40.2M	$34.6M	$42.3M	$38.6M
Total current assets	$2.8B	$1.7B	$1.6B	$1.5B
Property and equipment, net	$575.4M	$541.9M	$444.9M	$367.9M
Operating lease right-of-use assets	$169.6M	$112.2M	$76.3M	$67.2M
Goodwill	$1.4B	$330.3M	$312.0M	$272.5M
Intangible assets, net	$925.9M	$219.7M	$109.0M	$86.6M
Other assets	$107.9M	$46.6M	$24.6M	$26.4M
Total assets	$6.0B	$2.9B	$2.5B	$2.3B
Accounts payable	$497.3M	$223.5M	$222.1M	$207.7M
Current portion of debt	$4.0M	$10.0M	$17.5M	$17.5M
Contract liabilities	$158.5M	$73.5M	$39.1M	$19.5M
Accrued insurance claims	$47.6M	$46.7M	$44.5M	$41.0M
Operating lease liabilities	$42.3M	$35.8M	$32.0M	$27.5M
Income taxes payable	$771.0K	$30.6M	$3.9M	$14.9M
Other accrued liabilities	$256.5M	$167.0M	$147.2M	$141.3M
Total current liabilities	$1.0B	$587.2M	$506.3M	$469.6M
Long-term debt	$2.8B	$933.2M	$791.4M	$807.4M
Accrued insurance claims - non-current	$58.0M	$49.8M	$49.4M	$49.3M
Operating lease liabilities - non-current	$135.2M	$76.9M	$44.1M	$39.6M
Deferred tax liabilities, net - non-current	$85.2M	$32.2M	$49.6M	$60.2M
Other liabilities	$24.3M	$27.0M	$21.4M	$18.4M
Total liabilities	$4.1B	$1.7B	$1.5B	$1.4B
Preferred stock, par value $1.00 per share: 1,000,000 shares authorized: no shares issued and outstanding	$0.00	$0.00	$0.00	$0.00
Common stock, par value $0.33 1/3 per share: 150,000,000 shares authorized: 29,969,648 and 28,978,949 issued and outstanding, respectively	$9990000.00	$9659000.00	$9697000.00	$9783000.00
Additional paid-in capital	$381.7M	$9.0M	$6.2M	$5.7M
Retained earnings	$1.5B	$1.2B	$1.0B	$855.1M
Total stockholders’ equity	$1.9B	$1.2B	$1.1B	$868.8M
Total liabilities and stockholders’ equity	$6.0B	$2.9B	$2.5B	$2.3B

Dycom Industries Inc balance sheet, quarters

Line item	Aug 1, 2026	May 2, 2026	Oct 25, 2025	Jul 26, 2025
Cash and equivalents	$340.1M	$538.8M	$110.1M	$28.5M
Accounts receivable, net	$2.3B	$2.0B	$1.6B	$1.6B
Contract assets	$221.2M	$240.1M	$147.6M	$119.7M
Inventories	$145.9M	$143.3M	$120.1M	$122.6M
Income tax receivable	$15.8M	$16.9M	$19.9M	$35.8M
Other current assets	$51.5M	$50.7M	$41.5M	$44.4M
Total current assets	$3.1B	$3.0B	$2.0B	$1.9B
Property and equipment, net	$613.6M	$591.6M	$567.9M	$564.7M
Operating lease right-of-use assets	$220.7M	$176.3M	$118.8M	$112.1M
Goodwill	$1.6B	$1.5B	$332.6M	$332.6M
Intangible assets, net	$935.4M	$867.7M	$184.0M	$195.8M
Other assets	$119.1M	$117.5M	$95.5M	$75.7M
Total assets	$6.5B	$6.2B	$3.3B	$3.2B
Accounts payable	$610.0M	$666.6M	$297.1M	$264.9M
Current portion of debt	$28.4M	$6.0M	$20.0M	$20.0M
Contract liabilities	$241.2M	$155.8M	$54.8M	$69.9M
Accrued insurance claims	$51.1M	$50.4M	$53.1M	$46.3M
Operating lease liabilities	$43.6M	$44.8M	$38.1M	$39.2M
Income taxes payable	$0	$0	$0	$0
Other accrued liabilities	$325.5M	$225.7M	$193.4M	$172.3M
Total current liabilities	$1.3B	$1.1B	$656.5M	$612.7M
Long-term debt	$2.8B	$2.8B	$919.5M	$1.0B
Accrued insurance claims - non-current	$69.8M	$66.0M	$66.1M	$54.6M
Operating lease liabilities - non-current	$185.1M	$138.4M	$87.0M	$78.6M
Deferred tax liabilities, net - non-current	$104.8M	$96.5M	$85.1M	$67.7M
Other liabilities	$25.3M	$24.7M	$27.4M	$27.6M
Total liabilities	$4.5B	$4.3B	$1.8B	$1.9B
Preferred stock, par value $1.00 per share: 1,000,000 shares authorized: no shares issued and outstanding	$0.00	$0.00	$0.00	$0.00
Common stock, par value $0.33 1/3 per share: 150,000,000 shares authorized: 30,155,100 and 29,969,648 issued and outstanding, respectively	$10052000.00	$10008000.00	$9652000.00	$9649000.00
Additional paid-in capital	$379.4M	$326.9M	$22.4M	$15.2M
Retained earnings	$1.7B	$1.6B	$1.5B	$1.3B
Total stockholders’ equity	$2.1B	$1.9B	$1.5B	$1.4B
Total liabilities and stockholders’ equity	$6.5B	$6.2B	$3.3B	$3.2B

Cash flow statement

Dycom Industries Inc cash flow statement, fiscal years

Line item	Jan 31, 2026 · FY	Jan 25, 2025 · FY	Jan 27, 2024 · FY	Jan 28, 2023 · FY
Net income	$281.2M	$233.4M	$218.9M	$142.2M
Depreciation and amortization	$269.6M	$198.6M	$163.1M	$144.2M
Non-cash lease expense	$53.7M	$41.0M	$35.2M	$32.1M
Deferred income tax provision (benefit)	$53.0M	($17.4M)	($10.6M)	$4.5M
Stock-based compensation	$34.5M	$40.3M	$25.5M	$17.9M
Provision for (recovery of) bad debt, net	$1.6M	($1.2M)	$274.0K	$2.6M
Gain on sale of fixed assets	($26.7M)	($36.5M)	($28.3M)	($16.8M)
Loss on debt extinguishment	$7.3M	$965.0K	$0	$0
Amortization of debt issuance costs and other	$4.2M	$4.4M	$3.0M	$2.8M
Accounts receivable, net	($842.0K)	($117.8M)	($142.4M)	($173.7M)
Contract assets/liabilities, net	($111.3M)	$31.2M	$23.0M	($18.4M)
Other current assets and inventories	($8.2M)	$4.3M	$3.1M	($41.3M)
Other assets	($50.2M)	($21.0M)	$408.0K	$5.7M
Income taxes receivable/payable	($46.8M)	$26.5M	($14.2M)	$23.5M
Accounts payable	$223.2M	($16.8M)	$7.0M	$49.4M
Accrued liabilities, insurance claims, operating lease liabilities, and other liabilities	($41.7M)	($21.0M)	($24.9M)	($10.0M)
Net cash provided by operating activities	$642.5M	$349.1M	$259.0M	$164.8M
Capital expenditures	($240.8M)	($250.5M)	($218.5M)	($201.0M)
Proceeds from sale of assets	$33.6M	$39.1M	$35.2M	$17.4M
Cash paid for acquisitions, net of cash acquired	($1.6B)	($183.9M)	($122.9M)	($350.0K)
Net cash used in investing activities	($1.8B)	($395.2M)	($306.2M)	($183.9M)
Proceeds from borrowings on senior credit agreement, including term loans	$3.0B	$987.4M	$763.0M	$0
Principal payments on senior credit agreement, including term loans	($1.1B)	($852.4M)	($780.5M)	($17.5M)
Debt issuance costs	($33.9M)	($6.7M)	$0	$0
Repurchase of common stock	($30.2M)	($65.6M)	($49.7M)	($48.7M)
Proceeds from borrowings on senior secured bridge loan	$600.0M	—	$0	$0
Principal payments on senior secured bridge loan	($600.0M)	—	—	—
Exercise of stock options	($1.9M)	($8.0M)	$1.1M	$4.6M
Restricted stock tax withholdings	($14.4M)	($17.0M)	($9.9M)	($5.8M)
Net cash provided by (used in) financing activities	$1.8B	$37.7M	($75.9M)	($67.4M)
Net increase (decrease) in cash, cash equivalents and restricted cash	$616.4M	($8.4M)	($123.1M)	($86.6M)
Cash, cash equivalents and restricted cash at beginning of period (Note 8)	$94.5M	$102.9M	$226.0M	$312.6M
Cash, cash equivalents and restricted cash at end of period (Note 8)	$710.9M	$94.5M	$102.9M	—
Cash paid for interest	$62.3M	$57.9M	$50.7M	$37.9M
Cash paid for taxes, net	$84.1M	$61.5M	$96.6M	$6.9M
Purchases of capital assets included in accounts payable or other accrued liabilities at period end	$6.8M	$16.1M	$7.3M	$8.3M
Deferred financing costs included in accounts payable or other accrued liabilities at period end	$2.9M	—	—	—
Common stock issued for acquisitions	$351.0M	—	—	—

Dycom Industries Inc cash flow statement, quarters

Line item	Aug 1, 2026 · YTD	May 2, 2026 · Q2	Oct 25, 2025 · YTD	Jul 26, 2025 · YTD
Net income	$206.9M	$91.3M	$264.9M	$158.5M
Depreciation and amortization	$227.3M	$111.6M	$181.4M	$119.2M
Non-cash lease expense	$32.6M	$15.6M	$38.1M	$25.5M
Deferred income tax provision	$19.6M	$11.3M	$52.9M	$35.5M
Stock-based compensation	$20.9M	$10.6M	$25.2M	$17.2M
Provision for bad debt, net	$431.0K	$280.0K	$1.5M	$1.6M
Gain on sale of fixed assets	($4.3M)	($2.0M)	($24.6M)	($19.9M)
Amortization of debt issuance costs and other	$3.8M	$1.9M	$2.2M	$1.5M
Accounts receivable, net	($520.8M)	($283.9M)	($214.9M)	($216.0M)
Contract assets, net	($30.3M)	($80.5M)	($103.0M)	($59.9M)
Other current assets and inventories	($27.3M)	($25.0M)	($2.5M)	($7.1M)
Other assets	($10.9M)	($5.0M)	($38.5M)	($23.6M)
Income taxes payable/receivable	$2.0M	$2.2M	($47.5M)	($63.5M)
Accounts payable	$117.5M	$169.4M	$80.7M	$49.6M
Accrued liabilities, insurance claims, operating lease liabilities, and other liabilities	$41.5M	($42.4M)	$7.5M	($15.2M)
Net cash provided by operating activities	$79.1M	($24.6M)	$223.5M	$3.5M
Capital expenditures	($139.8M)	($70.3M)	($186.4M)	($131.2M)
Proceeds from sale of assets	$6.5M	$2.8M	$31.1M	$23.5M
Cash paid for acquisitions, net of cash acquired	($238.3M)	($12.8M)	$0	$0
Net cash used in investing activities	($371.6M)	($80.4M)	($155.3M)	($107.7M)
Proceeds from borrowings on Credit Agreement, including term loan facilities	$0	$0	$629.0M	$629.0M
Principal payments on Credit Agreement, including term loan facilities	$0	$0	($634.0M)	($544.0M)
Repayment of debt assumed in acquisitions	($8.4M)	—	—	—
Debt issuance costs	($103.0K)	($103.0K)	$0	$0
Repurchase of common stock	($36.0M)	($36.0M)	($30.2M)	($30.2M)
Principal payments on finance lease obligations	($97.0K)	—	—	—
Exercise of stock options	($2.7M)	—	($1.9M)	($1.9M)
Restricted stock tax withholdings	($29.4M)	($29.3M)	($13.8M)	($13.0M)
Net cash (used in) provided by financing activities	($76.6M)	($65.4M)	($50.9M)	$39.9M
Net decrease in cash, cash equivalents and restricted cash	($369.1M)	($170.3M)	$17.3M	($64.3M)
Cash, cash equivalents and restricted cash at beginning of period (Note 8)	$710.9M	$710.9M	$94.5M	$94.5M
Cash, cash equivalents and restricted cash at end of period (Note 8)	$341.8M	$540.5M	$111.8M	$30.2M
Cash paid for interest	$52.0M	$40.6M	$46.5M	$27.9M
Cash paid for taxes, net	$32.0M	$1.9M	$81.3M	$79.3M
Purchases of capital assets included in accounts payable or other accrued liabilities at period end	$10.1M	$7.2M	$7.2M	$6.8M
Common stock issued for acquisitions	$45.0M	—	—	—

Dycom Industries Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.