Commercial was Everus Construction’s largest revenue line in fiscal 2025, bringing in $2.07B of $3.75B (55%).
| Customer | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Commercial | $1.08B | $1.20B | $1.20B | $2.07B |
| Utility | $645.08M | $677.43M | $753.73M | $749.50M |
| Industrial | $405.73M | $473.34M | $322.66M | $316.58M |
| Institutional | $215.51M | $262.34M | $364.61M | $352.67M |
| Service & Other | $143.05M | $139.77M | $109.44M | $114.21M |
| Transportation | $72.32M | $57.14M | $83.42M | $99.02M |
| Renewables | $151.10M | $55.40M | $36.98M | $62.64M |
| Eliminations | -$15.98M | -$15.05M | -$18.91M | -$22.81M |
| Total | $2.70B | $2.85B | $2.85B | $3.75B |
Everus Construction brought in $3.75B from its eight revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 31.5% from $2.85B in fiscal 2024. Commercial was the largest at $2.07B (55.4%), ahead of Utility at $749.50M (20.0%) and Institutional at $352.67M (9.4%). The other four revenue lines brought in $592.44M combined.
Compared with fiscal 2024, Commercial grew fastest, up 73.2% to $2.07B, while Institutional fell the most, down 3.3% to $352.67M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $2.70B to $3.75B, a compound annual growth rate of 11.5%. Commercial's share of the total rose from 40.1% to 55.4%.
The total is net of Eliminations, which took $22.81M off revenue in fiscal 2025.
Fixed-Price was Everus Construction’s largest revenue line in fiscal 2025, bringing in $1.97B of $3.75B (53%).
| Contract With Customer Basis Of Pricing | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Fixed-Price | $1.31B | $1.40B | $1.68B | $1.97B |
| Cost Reimbursable | $1.20B | $1.29B | $966.10M | $1.61B |
| Unit-Price | $208.40M | $176.58M | $217.56M | $189.12M |
| Eliminations | -$15.98M | -$15.05M | -$18.91M | -$22.81M |
| Total | $2.70B | $2.85B | $2.85B | $3.75B |
Everus Construction brought in $3.75B from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 31.5% from $2.85B in fiscal 2024. Fixed-Price was the largest at $1.97B (52.7%), ahead of Cost Reimbursable at $1.61B (42.9%) and Unit-Price at $189.12M (5.0%).
Compared with fiscal 2024, Cost Reimbursable grew fastest, up 66.3% to $1.61B, while Unit-Price fell the most, down 13.1% to $189.12M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $2.70B to $3.75B, a compound annual growth rate of 11.5%. Fixed-Price's share of the total rose from 48.6% to 52.7%.
The total is net of Eliminations, which took $22.81M off revenue in fiscal 2025.
Em was Everus Construction’s largest segment in fiscal 2025, bringing in $2.92B of $3.75B (78%).
| Segment | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Em | $2.00B | $2.13B | $2.03B | $2.92B |
| Td | $717.39M | $734.58M | $837.15M | $848.52M |
| Eliminations | -$15.98M | -$15.05M | -$18.91M | -$22.81M |
| Total | $2.70B | $2.85B | $2.85B | $3.75B |
Everus Construction brought in $3.75B from its three segments in fiscal 2025, the year ended December 31, 2025. That was up 31.5% from $2.85B in fiscal 2024. Em was the largest at $2.92B (78.0%), ahead of Td at $848.52M (22.6%).
Compared with fiscal 2024, Em grew 43.8% to $2.92B and Td grew 1.4% to $848.52M. From fiscal 2022 to 2025, combined revenue from these segments grew from $2.70B to $3.75B, a compound annual growth rate of 11.5%. Em's share of the total rose from 74.0% to 78.0%.
The total is net of Eliminations, which took $22.81M off revenue in fiscal 2025.
Everus Construction (ECG) reports its revenue by customer, by contract with customer basis of pricing and by segment. In fiscal 2025, Commercial was its largest revenue line, bringing in $2.07B (55.4% of the total), followed by Utility at $749.50M (20.0%).
Commercial was Everus Construction's largest revenue line in fiscal 2025, bringing in $2.07B, or 55.4% of the $3.75B total across its eight revenue lines.
Em was Everus Construction's largest segment in fiscal 2025, bringing in $2.92B, or 78.0% of the $3.75B total across its three segments.
Among Everus Construction's revenue lines that make up at least 2% of revenue, Commercial grew fastest in fiscal 2025, up 73.2% from $1.20B to $2.07B.
Every figure comes from Everus Construction's annual financial filings, as reported. Each line keeps the name Everus Construction gives it, and years follow its fiscal calendar.
Everus Construction's revenue by customer goes back to fiscal 2022, 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.