Filing Flows › EMCOR Group (EME) › Q3 2025
EMCOR Group (EME) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
EMCOR Group (EME) reported revenue of $4.3B for the third quarter 2025 (Q3 2025), +16% from a year earlier and -0.1% from the quarter before. Operating margin was 9.4%, net earnings $295M (6.9% of revenue).
EMCOR Group, Q3 2025: revenue $4.3B (+16% year over year), operating margin 9.4%, net earnings $295M, operating cash flow $476M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.3B | -0.1% | +16% |
| Gross profit | $835M | +0.2% | +14% |
| Operating profit | $406M | -2% | +12% |
| Net earnings | $295M | -2% | +9% |
| Operating cash flow | $476M | +145% | -10% |
| Free cash flow | $449M | +171% | -12% |
What changed
Revenue was $4.3B in Q3 2025, up 16% year over year and roughly flat from the previous quarter.
Gross margin was 19.4%, down 0.5 points from a year earlier. Operating profit was $0.41B, a 9.4% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, below the 10% margin then. Operating expenses grew 16% against revenue growth of 16%. Net earnings were $0.30B, up 9% year over year. The effective tax rate was 27.5%.
Operating cash flow was $0.48B (down 10% year over year), 161% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization. Working capital and other items added $0.13B. Capital expenditures of $0.03B left free cash flow of $0.45B.
Questions
What was EMCOR Group's revenue in the third quarter 2025?
EMCOR Group (EME) reported revenue of $4.3B for the third quarter 2025 (Q3 2025), +16% from a year earlier and -0.1% from the quarter before.
Was EMCOR Group profitable in the third quarter 2025?
Operating profit was $406M (9.4% of revenue) and net earnings $295M.
Source: EMCOR Group 10-Q on SEC EDGAR.