Comfort Systems USA's second quarter 2026 revenue surged 51% as backlog grew to a record $14.06 billion.

Comfort Systems USA reported second quarter 2026 revenue of $3.27 billion, up 51% year-over-year, and diluted EPS of $12.53, a 92% increase from the prior year. Both revenue and EPS significantly beat analyst expectations. The company also generated unprecedented quarterly operating cash flow of $1.14 billion.

Key Highlights

• Revenue of $3.27 billion grew 51% year-over-year, beating consensus estimates of $2.99 billion by approximately 9%.
• Diluted EPS of $12.53 increased 92% from $6.53 in the prior-year quarter and surpassed analyst estimates of $10.38 by over 20%.
• Total backlog reached a new record of $14.06 billion, up 73% year-over-year from $8.12 billion, demonstrating sustained strong demand.
• The company generated record quarterly operating cash flow of $1.14 billion, a significant increase from $252.5 million in the same quarter last year.