Income StatementBalance SheetCash FlowSegments
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Comfort Systems USA Income Statement

Revenue, expenses, and profitability over time

Comfort Systems USA generated $10.1B in trailing twelve-month revenue, up 0.4% year-over-year. Net income was $1.2B with a 12.07% net margin. Gross margin stands at 25.13% and operating margin at 15.7%. Diluted EPS is $34.64, which grew 1.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$10.1BGross Profit (TTM)$2.5BOperating Income (TTM)$1.6BNet Income (TTM)$1.2BEps Diluted (TTM)$34.64
Latest FilingQ1 2026
Report Date2026-04-23
Market Cap$68.4B
P/E Ratio55.87
ROE53.29%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in contingent consideration liability$43.7M$3.8M$4.1M$12.1M$13.5M$10.4M
Selling, general and administrative$207.6M$194.9M$210.5M$229.6M$248.4M$269.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$4.09$4.77$6.54$8.26$9.36$10.52
Diluted earnings per share$4.08$4.75$6.53$8.25$9.35$10.51
Weighted-average shares, basic—35.5M35.3M35.3M—35.2M
Weighted-average shares, diluted—35.6M35.4M35.4M—35.3M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$433.7M$403.4M$509.9M$607.9M$674.7M$754.4M
Operating income$226.4M$209.1M$299.9M$378.9M$426.7M$485.7M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Charges$109.0K$24.0K-$530.0K$280.0K-$32.0K$464.0K
Interest expense$1.6M$1.6M$1.6M$3.0M$2.8M$2.2M
Interest income$4.9M$4.3M$2.8M$6.4M$8.1M$8.5M
Other income (expense), net-$40.3M-$1.1M-$3.4M-$8.4M-$8.2M-$3.6M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$186.0M$208.0M$296.5M$370.5M$418.5M$482.1M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$40.2M$38.7M$65.6M$78.8M$87.7M$111.8M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$145.9M$169.3M$230.8M$291.6M$330.8M$370.4M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.4B$1.4B$1.7B$1.8B$2.0B$2.1B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.9B$1.8B$2.2B$2.5B$2.6B$2.9B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain/(loss) on dispositions, net$252.0K$556.0K$442.0K$582.0K$394.0K$302.0K