Comfort Systems USA Q3 Revenue Rises About 54% to $3.77 Billion; EPS $13.91; Backlog Reaches $17.8 Billion; Dividend Raised to $1.00
HOUSTON — Comfort Systems USA (NYSE: FIX), one of the largest U.S. mechanical and electrical contractors, reported third-quarter 2026 results after the close on October 22. According to the company's official earnings release distributed via Business Wire, Q3 revenue was $3,766.3 million, versus $2,451.0 million a year earlier, an increase of about 54%. Operating income was $624.6 million, a 16.6% margin. Net income was $489.0 million, or $13.91 per diluted share, versus net income of $291.6 million, or $8.25 per share, a year earlier. Cash flow from operations was $1.01 billion, versus $553.3 million a year earlier.
Backlog stood at $17.81 billion as of September 30, up roughly $3.8 billion from $14.06 billion at June 30 and nearly double the $9.38 billion a year earlier; same-store backlog was $17.39 billion. For the first nine months, revenue totaled $9,897.3 million, net income $1,301.0 million, and diluted EPS $36.94. The company also declared a quarterly dividend of $1.00 per share, up $0.10, payable November 23, 2026, to holders of record on November 12.
CEO Brian Lane said in the release: "We are pleased to report another great quarter of results. Earnings per share reached a record high this quarter at $13.91 per share, with strong revenue growth, continuing strong margins, and operating cash flow of $1 billion. As a direct result of these efforts, our backlog rose to a record high of $17.8 billion, indicating continued growth in our future." He cited strong demand across technology, industrial and institutional markets and a significant acquisition closed during the quarter.
Comfort Systems USA is headquartered in Houston, Texas. Through 211 locations in 155 cities it provides HVAC, mechanical and electrical installation and services, and is a major contractor for large projects including data centers. The company will hold its Q3 earnings call at 10:00 a.m. Central Time on October 23.
Published by GSM · USA (original Chinese edition)
Photo: 图：直升机吊装屋顶暖通空调机组（资料图）。照片：Ben Schumin，CC BY-SA 2.0，经Wikimedia Commons。Photo: A helicopter delivering a rooftop HVAC unit (file photo). Photo: Ben Schumin, CC BY-SA 2.0, via Wikimedia Commons.
