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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 us-gaap:ShareBasedCompensation.

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)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization4,4174,072
Provision for credit losses11677
Non-cash stock-based compensation expense1,8541,594
Non-cash operating lease expense1,100994
Amortization of debt issuance costs1611
Deferred income tax benefit(3,657)(1,881)
Gain on sale of property and equipment(238)(333)

Item 1. Financial Statements (Unaudited)

FAQ

What is Limbach Holdings, Inc.'s stock-based comp?
Limbach Holdings, Inc. (LMB) reported stock-based comp of $1.85M in Q1 2026.
How has Limbach Holdings, Inc.'s stock-based comp changed year-over-year?
Limbach Holdings, Inc.'s stock-based comp increased by 16.3% year-over-year, from $1.59M to $1.85M.
What is the long-term trend for Limbach Holdings, Inc.'s stock-based comp?
Over 4 years (2021 to 2025), Limbach Holdings, Inc.'s stock-based comp has grown at a 26.9% compound annual growth rate (CAGR), from $2.66M to $6.89M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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