Comfort Systems USA Reports Record Q3 2026 Financial Results and Declares Quarterly Dividend

Comfort Systems USA, Inc. (NYSE: FIX) — Form 8-K Analysis: Q3 2026 Results & Dividend Declaration

Overview

On October 22, 2026, Comfort Systems USA, Inc. filed a Current Report on Form 8-K under Items 2.02 (Results of Operations and Financial Condition) and 8.01 (Other Events) announcing its financial results for the third quarter ended September 30, 2026, and declaring a quarterly cash dividend.

Q3 2026 Financial Highlights

• Revenue: $3.77 billion, up 53.7% compared to $2.45 billion in Q3 2025.
• Net Income: $489.0 million ($13.91 per diluted share), representing a 67.7% increase compared to $291.6 million ($8.25 per diluted share) in Q3 2025.
• Operating Cash Flow: $1.01 billion for the quarter, compared to $553.3 million in the prior-year period.
• Nine-Month Performance:
  • Revenue reached $9.90 billion compared to $6.46 billion in 2025.
  • Net income totaled $1.30 billion ($36.94 per diluted share) vs. $691.8 million ($19.52 per diluted share) in 2025.
  • Nine-month operating cash flow reached $2.54 billion.

Backlog & Demand Indicators

• Total Backlog: Expanded to $17.81 billion as of September 30, 2026, compared to $14.06 billion as of June 30, 2026, and $9.38 billion as of September 30, 2025.
• Sequential Backlog Growth: +$3.75 billion quarter-over-quarter.
• Same-Store Backlog: Grew to $17.39 billion from $9.38 billion a year earlier, reflecting substantial organic demand across mechanical and electrical contracting operations.

Corporate Actions (Item 8.01)

• The Board declared a quarterly cash dividend on common stock payable to stockholders of record as of the close of business on November 12, 2026.