Comfort Systems Q3 EPS Jumps 69% to $13.91; Backlog Hits $17.81B, Dividend Raised to $1.00
FIX sits 65% above its 52-week low of $770.47 on elevated volume (2.1× avg).
Summary
Comfort Systems reported Q3 2026 revenue of $3.77 billion (+50%) and diluted EPS of $13.91 (+69%), with backlog reaching $17.81 billion, and raised its quarterly dividend to $1.00 per share.
Key Events · Earnings and Guidance · FIX
-
Q3 EPS Jumps 69% to $13.91
Net income was $489.0 million, or $13.91 per diluted share, versus $291.6 million, or $8.25, in Q3 2025.
-
Revenue Up 50% to $3.77B
Third-quarter revenue reached $3.77 billion compared with $2.45 billion a year earlier; nine-month revenue was $9.90 billion versus $6.46 billion.
-
Backlog Climbs to $17.81B
Backlog rose from $14.06 billion at June 30, 2026 and $9.38 billion at September 30, 2025, a sequential increase of $3.8 billion.
-
Cash Flow Tops $1B in Quarter
Operating cash flow was $1.01 billion for the quarter versus $553.3 million a year earlier; nine-month operating cash flow was $2.54 billion.
Analysis · FIX · Real Estate & Construction
This quarter resets Comfort Systems' earnings base: revenue rose 50% to $3.77 billion and diluted EPS climbed 69% to $13.91, while operating cash flow topped $1 billion in a single quarter. The clearest read on how much data-center and technology construction work lies ahead is backlog of $17.81 billion, up $3.8 billion sequentially and more than $8 billion year over year. Directors also lifted the quarterly dividend to $1.00 from $0.90, an 11% increase, payable November 23 to holders of record November 12. Against a stock at $1,273, the raise is a modest yield gesture, but it confirms management expects the cash generation to persist. The main swing factor is whether backlog converts as fast as it has been; the company said it expects organic growth through year end and into 2027.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 36.9% of the 1013 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FIX was trading at $1,273.01 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $45B. The 52-week trading range was $770.47 to $2,073.99. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.