EMCOR Q3 Revenue Jumps 28.8% to a Record $5.54 Billion as Net Income Reaches $399.9 Million and Guidance Is Raised
EMCOR Group, Inc. (NYSE: EME), the Norwalk, Connecticut-based mechanical and electrical construction and building services provider, reported results for the quarter ended September 30, 2026. Revenues totaled a quarterly record $5.54 billion, up 28.8% from $4.30 billion a year earlier, and up 25.5% on an organic basis.
Net income was $399.9 million, or $9.04 per diluted share, up 37.6%. The figure included a $34.0 million non-cash impairment loss on identifiable intangible assets ($24.7 million after taxes); excluding it, non-GAAP net income was $424.7 million, or $9.60 per diluted share, up 46.1%. Operating income was $545.8 million, a 9.8% margin.
Remaining performance obligations reached a record $18.57 billion at quarter end, up 47.2% year over year, led by the network and communications sector, where mission-critical facilities require substantial electrical infrastructure and cooling systems, with broad growth also in healthcare, water and wastewater, institutional and manufacturing markets.
EMCOR raised its full-year 2026 guidance, lifting expected revenues to $20.6 billion to $21.0 billion from $20.0 billion to $20.5 billion, and non-GAAP diluted EPS to $34.50 to $35.50 from $32.00 to $33.25. The board also authorized an additional $500 million under the existing share repurchase program. Chairman, President and CEO Tony Guzzi said the company continued to outgrow the broader non-residential construction market, reinforcing the depth of demand for its services.
Source: GSM · USA (original Chinese edition)
Photo: 图：EMCOR总部所在地康涅狄格州Norwalk市景（资料图）。Quintin Soloviev摄，CC BY 4.0，经Wikimedia Commons。 / Norwalk, Connecticut, home of EMCOR's headquarters (file photo). Photo by Quintin Soloviev, CC BY 4.0, via Wikimedia Commons.
