Comfort Systems USA's first quarter 2026 revenue surged 57% and EPS more than doubled, significantly beating estimates.

Comfort Systems USA reported first quarter 2026 revenue of $2.87 billion and diluted EPS of $10.51, substantially exceeding analyst expectations. The company also generated strong operating cash flow of $388.8 million and grew its backlog to a new record.

Key Highlights

• Revenue grew 57% year-over-year to $2.87 billion, which the company noted included 51% organic growth.
• Diluted earnings per share increased 121% to $10.51, up from $4.75 in the prior-year period.
• Backlog reached a record $12.45 billion, growing 81% year-over-year and continuing to expand despite higher revenue burn.