Operating
Comfort Systems USA·Cash Flow Statement·18 metrics
Breakdown
| Metric | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | $189.9M | $302.2M | $210.5M | -$88M | $252.5M | $553.3M | $468.5M | $388.8M |
| Net income | $134M | $146.2M | $145.9M | $169.3M | $230.8M | $291.6M | $330.8M | $370.4M |
| Change in deferred revenue | $9.5M | $47.6M | — | $103.1M | $273.7M | $188M | $345.3M | $225M |
| Change in accounts receivable | $141.5M | $0 | $70.3M | -$48.3M | $287.9M | $139M | $215.7M | $214.7M |
| Increase (Decrease) in Contract with Customer, Asset | $40.6M | $13M | $23.6M | $150.1M | $13.5M | — | — | $52.6M |
| Amortization of capitalized software and acquired intangible assets | $26.9M | $24.4M | $22M | $20.1M | $19.8M | $19.5M | — | $20.4M |
| Stock-based compensation | $2.7M | $2M | $4.5M | $8M | $4.2M | $3.6M | $6.1M | $19.4M |
| Depreciation | $11.8M | $12.3M | $12.8M | $14M | $14.9M | $16M | — | $18.6M |
| Increase (Decrease) in Prepaid Expense and Other Assets | -$19.2M | -$450K | $23M | $2M | -$5.9M | $17M | $78.1M | $15.7M |
| Change In Right Of Use Assets | $6.3M | $8.1M | $8.6M | $7.7M | $7.3M | $7.6M | $11.3M | $12.7M |
| Contingent consideration fair value adjustments | $14.7M | $17.3M | $43.7M | $3.8M | $4.1M | $12.1M | $13.5M | $10.4M |
| Change in inventories | -$7.3M | -$8.1M | — | $3.8M | $7.6M | $8.1M | $4.9M | $9.9M |
| Change in accounts payable | $159.2M | $45.8M | $179.1M | -$312.5M | -$7.6M | — | -$81.3M | $4.9M |
| Change in other liabilities | -$2.3M | -$2.2M | -$4.4M | $3.3M | $7.3M | $2.1M | $16M | -$1.1M |
| Deferred income taxes | -$18.2M | -$122K | -$34.1M | $2M | -$935K | $6.4M | -$12.8M | $956K |
| Accounts Receivable, Credit Loss Expense (Reversal) | $2.3M | $2.8M | $1.5M | $1.4M | $2.3M | $1.9M | $992K | $838K |
| Increase (Decrease) in Other Operating Assets | $1M | $566K | $338K | -$24K | -$111K | $702K | — | $597K |
| Amortization expense related to capitalized debt issuance costs | $171K | $172K | $173K | $169K | $171K | $446K | $232K | $232K |