Comfort Systems USA EPS $10.51, Revenue +56%

Comfort Systems USA reported Q1 2026 adjusted EPS $10.51, beating consensus $6.78 by $3.73.
Revenue rose 56.5% YoY to $2.87 billion, driven by 51% organic growth versus $1.83 billion last year.
Operating cash flow turned positive $388.8 million versus an $88.0 million outflow a year earlier.
Backlog increased to $12.45 billion as of March 31, 2026, up from $11.94 billion year‑end 2025.