Everus Construction 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ______________Commission File Number: 001-42276 Everus Construction Group, Inc.(Exact name of registrant as specified in its charter) Delaware99-1952207(State or other jurisdictionof incorporation or organization)(I.R.S. EmployerIdentification No.) 1730 Burnt Boat DriveBismarck, North Dakota58503(Address of principal executive offices)(Zip code) (701) 221-6400(Registrant’s telephone number, including area code) N/A(Former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒. Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of August 3, 2026: 51,063,836 shares. INDEX PageIndustry Information2Part I -- Financial Information3Item 1. Financial Statements. (Unaudited)3Condensed Consolidated Statements of Income - Three and Six Months Ended June 30, 2026 and 20253Condensed Consolidated Balance Sheets - June 30, 2026 and December 31, 20254Condensed Consolidated Statements of Equity - Three and Six Months Ended June 30, 2026 and 20255Condensed Consolidated Statements of Cash Flows - Six Months Ended June 30, 2026 and 20256Notes to Condensed Consolidated Financial Statements71. Background and Nature of Operations72. Basis of Presentation and Summary of Significant Accounting Policies73. Revenue from Contracts with Customers114. Acquisition165. Goodwill and Other Intangible Assets186. Fair Value Measurements207. Debt228. Leases239. Earnings Per Share2510. Stock-Based Compensation2611. Income Taxes2712. Segment Information2713. Commitments, Contingencies and Guarantees3214. Related-Party Transactions3315. Subsequent Events34Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.35Item 3. Quantitative and Qualitative Disclosures About Market Risk.51Item 4. Controls and Procedures.52Part II -- Other Information53Item 1. Legal Proceedings.53Item 1A. Risk Factors.53Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.53Item 3. Defaults Upon Senior Securities.53Item 4. Mine Safety Disclosures.53Item 5. Other Information.53Item 6. Exhibits.54Signatures55 Industry Information Any industry data included in this Quarterly Report on Form 10-Q (“Quarterly Report”) regarding industry size and/or relativeindustry position is derived from a variety of sources, including company research, third-party studies and surveys, industry andgeneral publications, and estimates based on Everus Construction Group, Inc.’s (“Everus”) knowledge and experience in the industriesin which it operates. Everus’ estimates, if any, have been based on information obtained from its customers, suppliers, trade andbusiness organizations, and other contacts in the industry. Everus is responsible for all the disclosures contained in this QuarterlyReport, and Everus believes that any third-party data is generally reliable and that its estimates are accurate as of the date of thisQuarterly Report. Further, Everus’ estimates and assumptions involve risks and uncertainties and are subject to change based onvarious factors, including those discussed in “Item 1A. Risk Factors” in Everus’ 2025 Annual Report on Form 10-K (“2025 AnnualReport”). These and other factors could cause results to differ materially from those expressed in the estimates and assumptions. PART I — FINANCIAL INFORMATIO