DY Dycom (DY) Q1 FY27 earnings call
Dycom framed a generational digital-infrastructure demand cycle it is high-grading rather than chasing on price, with fiber-to-the-home stepping up sooner than expected and Building Systems scaling fast after the Power Solutions deal. The raised full-year outlook and record backlog signal multiyear visibility, though management flagged a non-linear H2 as weather-aided Q1 strength normalizes and long-haul and BEAD upside sit outside the guide.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
DY operating KPIs by quarter
| KPI | Jan 2026 Q4 FY26 | This call Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Backlog | $9.542BBacklog at the end of Q4 was $9.542 billion, including $8.333 billion of Communications backlog and $1.209 billion of Building Systems backlog.Source: earnings call transcript | $11.9BWe ended the quarter with record total backlog of $11.9 billion, growing 25% sequentially and representing a book-to-bill of 2.2x for the quarter.Source: earnings call transcript | $12.2BWe finished the quarter with record total backlog of $12.2 billion, representing a total book-to-bill of 1.2x and 1.1x on an organic basis.Source: earnings call transcript | +2.5% |
| Backlog Communications | $8.333BBacklog at the end of Q4 was $9.542 billion, including $8.333 billion of Communications backlog and $1.209 billion of Building Systems backlog.Source: earnings call transcript | $10.8BTotal backlog at the end of Q1 was $11.9 billion, including $10.8 billion of communications backlog and $1.1 billion of Building Systems backlog.Source: earnings call transcript | $10.98BTotal backlog at the end of Q2 was $12.2 billion, including $10.98 billion of Communications backlog and $1.26 billion of Building Systems backlog.Source: earnings call transcript | +1.7% |
| Backlog Building Systems | $1.209BBacklog at the end of Q4 was $9.542 billion, including $8.333 billion of Communications backlog and $1.209 billion of Building Systems backlog.Source: earnings call transcript | $1.1BTotal backlog at the end of Q1 was $11.9 billion, including $10.8 billion of communications backlog and $1.1 billion of Building Systems backlog.Source: earnings call transcript | $1.26BTotal backlog at the end of Q2 was $12.2 billion, including $10.98 billion of Communications backlog and $1.26 billion of Building Systems backlog.Source: earnings call transcript | +14.5% |
| Employees | 19.5K+We are investing heavily in our workforce, now over 19,500 strong to meet intensifying customer demand.Source: earnings call transcript | — | <21KOur success is made possible by our skilled workers, nearly 21,000 strong who bring excellence every day to the customers and communities we serve nationwide.Source: earnings call transcript | — |
| Book-to-bill ratio | — | 2.2 ratioWe ended the quarter with record total backlog of $11.9 billion, growing 25% sequentially and representing a book-to-bill of 2.2x for the quarter.Source: earnings call transcript | 1.2 ratioWe finished the quarter with record total backlog of $12.2 billion, representing a total book-to-bill of 1.2x and 1.1x on an organic basis.Source: earnings call transcript | -45.5% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.