Comfort Systems USA Q1 net income more than doubles to $370.4 million
Comfort Systems USA reported first-quarter 2026 net income of $370.4 million, or $10.51 per diluted share, up from $169.3 million, or $4.75, a year earlier, on revenue of $2.87 billion versus $1.83 billion. The company also raised its quarterly dividend to $0.80 per share from $0.70, payable May 26, 2026.
Key points
- Net income was $370.4 million, or $10.51 per diluted share, versus $169.3 million, or $4.75, in Q1 2025.
- Revenue was $2.87 billion versus $1.83 billion a year earlier; backlog was $12.45 billion as of March 31, 2026, up from $11.94 billion at December 31, 2025.
- Operating cash inflow was $388.8 million versus an outflow of $88.0 million in Q1 2025.
- Board declared a quarterly dividend of $0.80 per share, up $0.10, payable May 26, 2026 to holders of record on May 15, 2026.
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.