Comfort Systems Q3 Revenue Jumps 54% to $3.77B, Crushing Estimates
FIX sits 53% above its 52-week low of $770.47 on elevated volume (2.1× avg).
Summary
Comfort Systems beat on both lines: Q3 revenue of $3.77 billion versus the $3.40 billion consensus, and net income of $489.04 million versus $446.13 million expected. Revenue rose 54% year over year and net income 68%, with operating income of $624.57 million also ahead of estimates. Backlog hit $17.8 billion, up both sequentially and year over year, and management expects robust demand to continue through year end and into 2027. The quarter also produced $1.01 billion of operating cash flow. This lands alongside the separate 8-K disclosing that CFO Bill George, co-founder and CFO since 2005, will retire after the FY2026 10-K is filed — a leadership transition layered on top of a strong operating print.
At the time of this announcement, FIX was trading at $1,176.00 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 news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.