Filing Flows › Comfort Systems USA (FIX) › Q2 2026 › vs Q1 2026
Comfort Systems USA (FIX) Q2 2026 vs Q1 2026 (quarter over quarter)
Comfort Systems USA's revenue rose $400M (+14%) from $2.9B in Q1 2026 to $3.3B in Q2 2026. The biggest changes: New Construction +$321M (+15%); Existing Building Construction +$46.9M (+11%); Service Calls, Maintenance and Monitoring +$26.2M (+17%). Gross margin 25.9% against 26.3% (-0.5 pts).
Comfort Systems USA, Q2 2026: revenue $3.3B (+50% year over year), operating margin 17.1%, net earnings $442M, operating cash flow $1.1B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 25.9% | 26.3% | -0.5 pts |
| Operating margin | 17.1% | 17.0% | +0.1 pts |
| Net margin | 13.5% | 12.9% | +0.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| New Construction | $2.5B | $2.1B | $321M | +15% |
| Existing Building Construction | $483M | $437M | $46.9M | +11% |
| Service Calls, Maintenance and Monitoring | $183M | $157M | $26.2M | +17% |
| Service Projects | $145M | $138M | $6.7M | +5% |
| Revenue | $3.3B | $2.9B | $400M | +14% |
| Gross profit | $844M | $754M | $89.8M | +12% |
| Cost of revenue | $2.4B | $2.1B | $311M | +15% |
| Operating profit | $558M | $486M | $72.2M | +15% |
| Operating expenses | $286M | $269M | $17.6M | +7% |
| Pre-tax earnings | $566M | $482M | $84.1M | +17% |
| Net earnings | $442M | $370M | $71.2M | +19% |
| Income tax | $125M | $112M | $12.9M | +12% |
| Depreciation & amortization | $43.3M | $39.0M | $4.3M | +11% |
| Share-based compensation | $9.2M | $19.4M | −$10.2M | -53% |
| Working capital & other | $645M | −$39.9M | $685M | — |
| Operating cash flow | $1.1B | $389M | $751M | +193% |
Questions
How much did Comfort Systems USA's revenue grow quarter over quarter in Q2 2026?
Comfort Systems USA's revenue rose $400M (+14%) from $2.9B in Q1 2026 to $3.3B in Q2 2026.
What drove Comfort Systems USA's revenue change in Q2 2026?
New Construction +$321M (+15%); Existing Building Construction +$46.9M (+11%); Service Calls, Maintenance and Monitoring +$26.2M (+17%).