Dycom Industries, Inc. reported its fiscal 2026 first quarter results, highlighting a 10.2% increase in contract revenues to $1.259 billion for the quarter ended April 26, 2025, compared to $1.142 billion in the same quarter of the previous year. On an organic basis, contract revenues saw a modest increase of 0.7% after excluding revenues from acquired businesses not owned during both the current and prior year quarters. Total contract revenues from acquired businesses were $111.9 million, a significant rise from $3.4 million in the prior year quarter. Adjusted EBITDA for the quarter rose to $150.4 million, representing 11.9% of contract revenues, compared to $130.9 million, or 11.5% of contract revenues, in the previous year's first quarter. Net income was reported at $61.0 million, or $2.09 per share diluted, a slight decrease from $62.6 million, or $2.12 per share diluted, in the same period last year. The results included income tax benefits from share-based awards vesting and exercising, totaling $2.2 million, or $0.08 per share, down from $5.9 million, or $0.20 per share, in the year-ago quarter. Additionally, Dycom Industries announced a record backlog of $8.127 billion as of April 26, 2025. The company also repurchased 200,000 shares for $30.2 million during the first quarter. Based on the strong first-quarter performance and a favorable demand outlook, Dycom increased its full-year fiscal 2026 contract revenue outlook, positioning itself for continued success.