DYCOM INDUSTRIES INC has recently released its 10-K report, detailing its financial performance for the fiscal year ended January 31, 2026. The company provides specialty contracting services to the telecommunications infrastructure and utility industries in the United States. It offers engineering, construction, maintenance, and installation services to telecommunications providers, wireless carriers, and utility companies. DYCOM INDUSTRIES INC's 10-K report reveals significant changes in its reportable segments, with the transition from a single reportable segment to two reportable segments: Communications and Building Systems.
The report shows that for the fiscal year ended January 31, 2026, DYCOM INDUSTRIES INC reported consolidated contract revenues of $5,545.9 million, representing a 17.9% increase from the previous year. The Communications segment contributed $5,450.1 million, marking a 15.9% increase, while the Building Systems segment reported $95.8 million in contract revenues. The company's consolidated income before income taxes amounted to $367.9 million, indicating a 19.5% increase year-over-year.
DYCOM INDUSTRIES INC's Non-GAAP Adjusted EBITDA for the fiscal year ended January 31, 2026, was $737.7 million, a 28.0% increase from the previous year. The Communications segment's Non-GAAP Adjusted EBITDA stood at $726.6 million, reflecting a 26.1% increase, while the Building Systems segment reported $11.1 million in Non-GAAP Adjusted EBITDA.
The 10-K report also highlighted the company's liquidity and capital resources. DYCOM INDUSTRIES INC maintained cash and equivalents totaling $709.2 million as of January 31, 2026, compared to $92.7 million in the previous year. The company's sources of cash include operating activities, long-term debt, equity offerings, bank borrowings, proceeds from the sale of idle and surplus equipment and real property, and stock option proceeds.
The report further outlined the company's net cash flows, showing that net cash provided by operating activities during fiscal 2026 was $642.5 million, while net cash used in investing activities amounted to $1,835.7 million. Net cash provided by financing activities was $1,809.6 million during the same period. The company's capital resources are primarily used to purchase equipment and maintain sufficient levels of working capital to support its contractual commitments to customers.
DYCOM INDUSTRIES INC's 10-K report provides a comprehensive overview of its financial performance, segment results, and capital resources, reflecting its position in the telecommunications and utility industries. The company's strategic focus on growth opportunities and capital allocation strategies is evident in its financial disclosures, underscoring its commitment to long-term value creation for shareholders. The market has reacted to these announcements by moving the company's shares 1.36% to a price of $370.61. Check out the company's full 10-K submission here.
