{
  "url": "https://struct.news/briefs/dycoms-revenue-jumped-35-operating-cash-flow-went-negative",
  "title": "Dycom’s revenue jumped 35%. Operating cash flow went negative",
  "summary": "The three-month period produced $2.0B of revenue but negative $24.6M of operating cash, as receivables climbed 24.8%.",
  "published_at": "2026-08-27T12:37:26.648145+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Dycom Industries, Inc.",
    "ticker": "DY",
    "cik": "67215",
    "sector": "Industrials",
    "industry": "Engineering & Construction"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-05-28",
    "accession": "0000067215-26-000025",
    "url": "https://www.sec.gov/Archives/edgar/data/67215/000006721526000025/dy-20260502.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-11-20",
    "url": "https://www.sec.gov/Archives/edgar/data/67215/000006721525000079/dy-20251025.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 5545912000,
      "display": "$5.5B",
      "unit": "usd",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000067215-26-000025",
        "filing_date": "2026-05-28"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 17.947585864270078,
      "display": "+17.9%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000067215-26-000025",
        "filing_date": "2026-05-28"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Net margin",
      "value": 5.070203061281895,
      "display": "+5.1%",
      "unit": "percent",
      "period": "2026-01-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000067215-26-000025",
        "filing_date": "2026-05-28"
      }
    }
  ],
  "watch_next": [
    {
      "type": "m_and_a",
      "statement": "Acquisition accounting produced $45.9 million of finite-lived intangible amortization tied to customer relationships, backlog, and trade names.",
      "importance": "medium",
      "evidence": "Income before income taxes is impacted by amortization expense resulting from the application of acquisition accounting for the acquired business, which resulted in $45.9 million of amortization expense associated with finite-lived intangible assets related to customer relationships, backlog and trade names identified during the preliminary purchase price allocation.",
      "source_date": "2026-05-28"
    },
    {
      "type": "interest_rates",
      "statement": "Interest expense increased materially because borrowings were higher, despite lower market interest rates in the current period.",
      "importance": "medium",
      "evidence": "\"Interest expense, net was $35.5 million and $14.0 million during the three months ended May 2, 2026 and April 26, 2025, respectively, as a result of higher outstanding borrowings and lower market interest rates during the current period.\" [10-Q 2026-05-28]",
      "source_date": "2026-05-28"
    },
    {
      "type": "input_costs",
      "statement": "Labor and subcontracted labor costs fell 3.0% in the latest three-month period, attributed to the mix of work performed.",
      "importance": "medium",
      "evidence": "\"Labor and subcontracted labor costs decreased 3.0% primarily due to the mix of work performed during the three months ended May 2, 2026.\" [10-Q 2026-05-28; margin]",
      "source_date": "2026-05-28"
    },
    {
      "type": "backlog",
      "statement": "Backlog-based contract revenue estimates are exposed to cancellations and changes in the amount of work expected under contracts.",
      "importance": "medium",
      "evidence": "\"Contract revenue estimates reflected in our backlog can be subject to change due to a number of factors, including contract cancellations or changes in the amount of work we expect to be performed under a contract.\" [10-Q 2026-05-28]",
      "source_date": "2026-05-28"
    }
  ],
  "related_tickers": [
    "DY"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}