Dycom Industries Delivers Record-Breaking Results in Q2 2027
On August 26, 2026, Dycom Industries Inc. announced its fiscal 2027 second quarter results, exceeding expectations and solidifying the company's position as a leader in digital and critical infrastructure.
The quarterly revenue reached $2.01 billion, marking a 45.6% year-over-year growth and 16.7% organic increase. Total Adjusted EBITDA of $315.5 million grew 54% year over year, representing 15.7% of revenues and exceeding the high end of Dycom's outlook.
Adjusted EPS of $5.29 grew 45% year over year, also surpassing the high end of the company's outlook and demonstrating its ability to deliver attractive returns for shareholders as its platform scales.
Dycom's President and Chief Executive Officer, Dan Peyovich, highlighted the company's strong results, citing record organic first-half revenue, increased profitability, and above-market growth. He also mentioned securing significant new awards that support continued confidence in Dycom's growth trajectory.
The company's leadership is evident in its Q2 performance, with a record quarterly revenue and robust demand across its portfolio. Demand for fiber-to-the-home, long-haul, data center interconnects, and data center electrical and structured cabling systems remains high, with customer activity just as strong or even stronger than a quarter ago.
This generational deployment of infrastructure is projected to continue well into the next decade, providing Dycom with line of sight to and opportunities for builds many years out. The company's position in this growth driver across its enterprise is expected to capitalize on the momentum.
In communications, fiber in the home increased nearly 60% in the first half of this year compared to the first half of the prior year, differentiating Dycom in the market and expanding its reach with awards. Cloud migration, AI workloads, and data center growth are driving unprecedented demand for long-haul fiber corridors and high-strand interconnects, validating a $20 billion addressable market identified more than a year ago.
Dycom's operational head start, expanding backlog, and clear line of sight toward marked acceleration in overall industry activity in calendar 2027 underscore its strong position in the market. The company continues to demonstrate its ability to deliver attractive returns for shareholders while executing end-to-end work safely, reliably, and at the pace customers demand.
