Comfort Systems USA

FIX · Industrials · Market cap $59.0B

Q1 FY26 Jan 1 – Mar 31, 2026 reported Apr 23, 2026

Revenue$2.9B +56% year over year

Gross profit$0.8B

Operating profit$0.5B

Net profit$0.4B 13% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	2.9	100%	+56%
Electrical Segment	0.8	28%	+88%
Manufacturing	0.5	17%	+18%
Existing Building Construction	0.4	14%
Other	0.4	14%
Healthcare	0.2	7%	+21%
Service Calls, Maintenance and…	0.2	7%	+2%
Service Projects	0.1	3%	+16%
Government	0.1	3%	+39%
Cost of revenue	−2.1	72%
Gross profit	0.8	26% margin	+4pp
SG&A	−0.3	9%	−1pp
Operating profit	0.5	17% margin	+6pp
Tax	−0.1
Net profit	0.4	13%	+4pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.5	100%	+35%
Electrical Segment	0.6	24%
Manufacturing	0.5	20%	+20%
Other	0.5	20%
Healthcare	0.2	8%	+38%
Service Calls, Maintenance and…	0.2	8%	+5%
Education	0.2	8%
Service Projects	0.2	8%	+20%
Cost of revenue	−1.8	72%
Gross profit	0.6	25% margin	+4pp
SG&A	−0.2	9%	−1pp
Operating profit	0.4	15% margin	+4pp
Tax	−0.1
Net profit	0.3	12%	+4pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	2.2	100%	+20%
Existing Building Construction	0.6	27%
Manufacturing	0.5	23%
Healthcare	0.2	9%
Education	0.2	9%
Other	0.2	9%
Service Calls, Maintenance and…	0.2	9%
Service Projects	0.1	5%
Office Buildings	0.1	5%
Cost of revenue	−1.7	77%
Gross profit	0.5	23% margin	+3pp
SG&A	−0.2	10%	+0pp
Operating profit	0.3	14% margin	+4pp
Tax	−0.1
Net profit	0.2	11%	+3pp

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Mar 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	1.8	100%	+19%
Existing Building Construction	0.5	28%
Manufacturing	0.5	28%
Healthcare	0.2	11%
Education	0.2	11%
Service Calls, Maintenance and…	0.2	11%
Office Buildings	0.1	6%
Service Projects	0.1	6%
Retail, Restaurants and…	0.1	6%
Cost of revenue	−1.4	78%
Gross profit	0.4	22% margin	+3pp
SG&A	−0.2	11%	+0pp
Operating profit	0.2	11% margin	+3pp
Net profit	0.2	9%	+3pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q1 FY26	Jan 1 – Mar 31, 2026	Apr 23, 2026	$2.9B	+56%	17%	$0.4B	13%
Q3 FY25	Jul 1 – Sep 30, 2025	Oct 23, 2025	$2.5B	+35%	16%	$0.3B	12%
Q2 FY25	Apr 1 – Jun 30, 2025	Jul 24, 2025	$2.2B	+20%	14%	$0.2B	11%
Q1 FY25	Jan 1 – Mar 31, 2025	Apr 24, 2025	$1.8B	+19%	11%	$0.2B	9%