Comfort Systems USA (FIX) Q2 FY26 earnings call

Earnings call· Jun 2026 (Q2 FY26)· Industrials· Jul 24, 2026

Source: earnings call transcript

Comfort Systems USA delivered an exceptional second quarter, achieving record revenue, EPS, and backlog, primarily fueled by robust demand in the technology sector and strong execution across its Mechanical and Electrical segments. The company is strategically expanding its modular capacity and integrating recent acquisitions to capitalize on sustained market opportunities, particularly in data centers. Management remains optimistic about future performance, balancing significant capital investments with shareholder returns and a strong net cash position.

You’re reading a preview. Opening the full call uses 1 concall credit.

FIX operating KPIs by quarter

FIX operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Dec 2024 Q4 FY24	Mar 2025 Q1 FY25	Dec 2025 Q4 FY25	Mar 2026 Q1 FY26	This call Jun 2026 Q2 FY26	Sep 2026 Q3 FY26	Change vs prior quarter
Backlog	$6B Backlog at the end of the year grew to a new all-time high of $6 billion. Source: earnings call transcript	$6.9B Backlog at the end of the first quarter was a record $6.9 billion, a same-store increase in both sequential and year-over-year backlog. Source: earnings call transcript	$11.9B Backlog at the end of the fourth quarter was $11.9 billion, a same-store increase in both sequential and year-over-year backlog. Source: earnings call transcript	$12.5B We also ended the quarter with record backlog of $12.5 billion, reflecting persistent demand, including strong demand from our tech customers. Source: earnings call transcript	$14.1B Bookings continued to trend upwards, and our backlog increased to a new high of $14.1 billion. Source: earnings call transcript	$17.8B Bookings were strong and our backlog at the end of the quarter grew to a new high of $17.8 billion. Source: earnings call transcript	+26.2%
Employees	18K+ I want to close by thanking our over 18,000 employees for their hard work and dedication. Source: earnings call transcript	19K+ Before I turn the call over for questions, I want to join Brian and Bill in thanking our over 19,000 employees for their hard work and dedication. Source: earnings call transcript	22K+ I want to take this opportunity to close by thanking our over 22,000 employees for their hard work and dedication. Source: earnings call transcript	23K+ Before we turn the call over for questions, I want to join Brian and Bill and the team here in Houston in thanking our over 23,000 employees for their hard work and dedication. Source: earnings call transcript	25K+ I want to close by joining Brian and Bill and thanking our over 25,000 employees for their hard work and dedication. Source: earnings call transcript	25K+ I want to close by joining Brian and Bill in thanking our over 25,000 employees for their hard work and dedication, and I will now turn it back over to Michelle for questions. Source: earnings call transcript	—

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.