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Limbach Holdings, Inc. LMB Acquisition-related retention expense and contingent consideration

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Other financials

Income statement

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Revenue$138.9M+4.3%
Gross profit$31.2M-15.1%
Operating income$1.1M-85.7%
Net income$4.4M-57.1%
EPS (diluted)$0.36-57.6%

Balance sheet

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Cash & equivalents$15.8M-58.5%
Total debt$101.1M+54.4%
Total equity$196.3M+21.8%
Total assets$377.0M+12.1%

Cash flow

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Operating cash flow-$7.8M-449%
CapEx$407.0K-81.7%
Free cash flow-$8.2M-74,800%

Valuation

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Market cap$580.75M-54.8%
Enterprise value$666.01M-49.7%
P/E17.5×-18.9×
P/S0.9×-1.4×

Profitability

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Gross margin25.1%-3.0pp
Operating margin6.5%-1.0pp
Net margin5.1%-1.2pp
FCF margin5.2%-1.6pp

Returns & leverage

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Return on equity18.6%-4.8pp
Debt / equity0.5×+0.1×
Current ratio1.7×+0.2×

Where this comes from

Reported directly by Limbach Holdings, Inc. in its filing.

Tagged under the XBRL concept lmb:BusinessCombinationContingentConsiderationChangeInContingentConsiderationLiabilityIncreaseDecreaseAndRetentionBonusExpense.

The source filing: Limbach Holdings, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:43 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030678
(in thousands, except share and per share data)Three Months Ended March 31, 20262025
Gross profit31,17036,719
Operating expenses:
Selling, general and administrative28,11426,518
Acquisition-related retention expense and contingent consideration149427
Amortization of intangibles1,7741,863
Total operating expenses30,03728,808
Operating income1,1337,911
Other (expenses) income:

Item 1. Financial Statements (Unaudited)

FAQ

What is Limbach Holdings, Inc.'s acquisition-related retention expense and contingent consideration?
Limbach Holdings, Inc. (LMB) reported acquisition-related retention expense and contingent consideration of $149K in Q1 2026.
How has Limbach Holdings, Inc.'s acquisition-related retention expense and contingent consideration changed year-over-year?
Limbach Holdings, Inc.'s acquisition-related retention expense and contingent consideration decreased by 65.1% year-over-year, from $427K to $149K.
What does acquisition-related retention expense and contingent consideration mean?
This metric represents costs associated with post-acquisition employee retention programs and the fair value adjustments of contingent consideration arrangements. It reflects the financial impact of integrating acquired entities and meeting performance-based earn-out obligations. Investors use this to assess the true cost of inorganic growth strategies and the potential long-term liabilities arising from business combinations.

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