Total Other Customers Combined was Dycom Industries’s largest revenue line in fiscal 2025, bringing in $2.79B of $4.70B (59%).
| Concentration Risk Benchmark | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Other Customers Combined | $1.20B | $1.94B | $2.37B | $2.79B | ||||||
| Other Customers | — | — | — | — | ||||||
| Att Inc | $735.20M | $958.00M | $706.50M | $942.80M | ||||||
| Att | — | — | — | — | ||||||
| Verizon Communications Inc | $352.60M | — | — | — | ||||||
| Lumen Technologies | $373.00M | $483.50M | $650.60M | $570.40M | ||||||
| Comcast Corporation | $473.80M | $430.60M | $448.60M | $401.60M | ||||||
| Comcast | — | — | — | — | ||||||
| Century Link, Inc | — | — | — | — | ||||||
| Verizon Communications Inc.(1) | — | — | — | — | ||||||
| Total | $3.13B | $3.81B | $4.18B | $4.70B |
Dycom Industries brought in $4.70B from its four revenue lines in fiscal 2025, the year ended January 25, 2025. That was up 12.6% from $4.18B in fiscal 2024. Total Other Customers Combined was the largest at $2.79B (59.3%), ahead of Att Inc at $942.80M (20.1%) and Lumen Technologies at $570.40M (12.1%). The remaining revenue line, Comcast Corporation, brought in $401.60M.
Compared with fiscal 2024, Att Inc grew fastest, up 33.4% to $942.80M, while Lumen Technologies fell the most, down 12.3% to $570.40M.
Dycom Industries stopped reporting Verizon Communications Inc as a separate revenue line after fiscal 2022, when it brought in $352.60M.
Telecommunications was Dycom Industries’s largest revenue line in fiscal 2025, bringing in $4.25B of $4.70B (90%).
| Customer Type | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Telecommunications | $2.78B | $3.42B | $3.74B | $4.25B | ||||||
| Underground Facility Locating | $255.40M | $274.90M | $295.30M | $314.70M | ||||||
| Electrical & Gas Utilities And Other | $97.50M | $117.80M | $137.00M | $137.10M | ||||||
| Total | $3.13B | $3.81B | $4.18B | $4.70B |
Dycom Industries brought in $4.70B from its three revenue lines in fiscal 2025, the year ended January 25, 2025. That was up 12.6% from $4.18B in fiscal 2024. Telecommunications was the largest at $4.25B (90.4%), ahead of Underground Facility Locating at $314.70M (6.7%) and Electrical & Gas Utilities And Other at $137.10M (2.9%).
Compared with fiscal 2024, Telecommunications grew fastest, up 13.5% to $4.25B. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $3.13B to $4.70B, a compound annual growth rate of 14.5%. Telecommunications' share of the total rose from 88.7% to 90.4%.
Guarantor Subsidiaries was Dycom Industries’s largest revenue line in fiscal 2015, bringing in $2.01B of $2.02B (99%).
| Legal Entity | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 |
|---|---|---|---|---|---|---|
| Guarantor Subsidiaries | — | $1.59B | $1.80B | $2.01B | ||
| Subsidiary Guarantors | $1.19B | — | — | — | ||
| Non- Guarantor Subsidiaries | — | $14.25M | $12.06M | $13.05M | ||
| Non-Guarantor Subsidiaries | $14.74M | — | — | — | ||
| Total | $1.20B | $1.61B | $1.81B | $2.02B |
Dycom Industries brought in $2.02B from its two revenue lines in fiscal 2015, the year ended July 25, 2015. That was up 11.6% from $1.81B in fiscal 2014. Guarantor Subsidiaries was the largest at $2.01B (99.4%), ahead of Non- Guarantor Subsidiaries at $13.05M (0.6%).
Dycom Industries began breaking out Guarantor Subsidiaries in fiscal 2013 and Non- Guarantor Subsidiaries in fiscal 2013. Dycom Industries stopped reporting Subsidiary Guarantors ($1.19B in fiscal 2012) and Non-Guarantor Subsidiaries ($14.74M in fiscal 2012) as separate revenue lines.
Dycom Industries (DY) reports its revenue by concentration risk benchmark, by customer type and by legal entity. In fiscal 2025, Total Other Customers Combined was its largest revenue line, bringing in $2.79B (59.3% of the total), followed by Att Inc at $942.80M (20.1%).
Total Other Customers Combined was Dycom Industries' largest revenue line in fiscal 2025, bringing in $2.79B, or 59.3% of the $4.70B total across its four revenue lines.
Among Dycom Industries' revenue lines that make up at least 2% of revenue, Att Inc grew fastest in fiscal 2025, up 33.4% from $706.50M to $942.80M.
Every figure comes from Dycom Industries' annual financial filings, as reported. Each line keeps the name Dycom Industries gives it, and years follow its fiscal calendar.
Dycom Industries' revenue by concentration risk benchmark goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.