On January 9, 2026, director Gertel Eitan disposed of 3,645 shares of Dycom Industries at $345.62 per share, reducing his total holdings to 15,997 shares. This transaction represents a 18.6% decrease in his position since the start of fiscal 2026. Eitan has served on Dycom’s board since 2020 and his remaining stake remains valued at approximately $5.53 million based on the sale price.

In the first nine months of fiscal 2026, Dycom reported contract revenues of $4.09 billion, up 13% year-over-year. Growth was driven by accelerated fiber-to-the-home deployments and expanded wireless program work, fueled by increased public infrastructure funding and progress under the Broadband Equity, Access, and Deployment (BEAD) program. Fiber projects accounted for 58% of total revenues, while wireless services contributed 32%.

Improved operational efficiency lifted Dycom’s adjusted EBITDA margin by 140 basis points to 14.1% in the first three quarters of fiscal 2026. Adjusted EBITDA reached $575.3 million, a 25.1% increase compared with the same period in fiscal 2025. The company also reduced Days Sales Outstanding by 14 days to 105 days, reflecting strengthened billing discipline and cash-collection processes.

At quarter-end, Dycom’s project backlog stood at $8.22 billion, up 9% year-over-year, offering visibility into revenue through fiscal 2027. The company is implementing a new enterprise resource planning (ERP) system across all divisions, expected to streamline workflows, improve project tracking and reduce administrative costs by an estimated $15 million annually once fully deployed.