On January 9, 2026, Dycom Industries director Gertel Eitan sold 3,645 shares of common stock at $345.62 per share, realizing proceeds of approximately $1.26 million. Post-transaction, Eitan maintains ownership of 15,997 shares, underscoring continued insider confidence in the company’s strategic trajectory. This sale represents a small portion of his total holdings and follows a pattern of selective liquidity events by senior management.

In the first nine months of fiscal 2026, Dycom’s contract revenues rose 13% year over year to $4.09 billion, driven by strong execution in fiber-to-the-home builds and wireless infrastructure programs. Growth was supported by increased federal and state infrastructure funding, including momentum from the Broadband Equity, Access, and Deployment program. The telecommunications services provider outpaced industry peers MasTec and Quanta Services in year-over-year top-line expansion.

Adjusted EBITDA expanded 25.1% to $575.3 million, while the adjusted EBITDA margin widened by 140 basis points to 14.1%, reflecting disciplined project management and favorable pricing dynamics. The company reduced Days Sales Outstanding by 14 days to 105 days, enhancing working capital efficiency. Tight cost controls on labor and materials contributed to margin gains despite ongoing supply chain headwinds.

Dycom’s backlog reached $8.22 billion, up from $7.35 billion a year earlier, providing strong revenue visibility into fiscal 2027. The company is deploying a new enterprise resource planning system across its field operations, expected to improve project scheduling, procurement and billing accuracy. Management projects that ERP integration will unlock incremental productivity gains and further bolster margins as the company scales its fiber and wireless service portfolios.