Filing Flows › Comfort Systems USA (FIX) › Q3 2026 › vs Q2 2026
Comfort Systems USA (FIX) Q3 2026 vs Q2 2026 (quarter over quarter)
Comfort Systems USA's revenue rose $501M (+15%) from $3.3B in Q2 2026 to $3.8B in Q3 2026. The biggest changes: New construction +$414M (+17%); Service projects +$45.9M (+32%); Existing building construction +$44.8M (+9%). Gross margin 24.8% against 25.9% (-1.0 pts).
Comfort Systems USA, Q3 2026: revenue $3.8B (+54% year over year), operating margin 16.6%, net earnings $489M, operating cash flow $1.0B. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 24.8% | 25.9% | -1.0 pts |
| Operating margin | 16.6% | 17.1% | -0.5 pts |
| Net margin | 13.0% | 13.5% | -0.5 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| New construction | $2.9B | $2.5B | $414M | +17% |
| Existing building construction | $528M | $483M | $44.8M | +9% |
| Service projects | $191M | $145M | $45.9M | +32% |
| Service calls, maintenance, and monitoring | $179M | $183M | −$4.2M | -2% |
| Revenue | $3.8B | $3.3B | $501M | +15% |
| Gross profit | $934M | $844M | $90.3M | +11% |
| Cost of revenue | $2.8B | $2.4B | $410M | +17% |
| Operating profit | $625M | $558M | $66.6M | +12% |
| Operating expenses | $310M | $286M | $23.6M | +8% |
| Pre-tax earnings | $635M | $566M | $68.8M | +12% |
| Net earnings | $489M | $442M | $47.4M | +11% |
| Income tax | $146M | $125M | $21.4M | +17% |
| Depreciation & amortization | $47.5M | $43.3M | $4.2M | +10% |
| Share-based compensation | $2.6M | $9.2M | −$6.6M | -71% |
| Working capital & other | $471M | $645M | −$174M | -27% |
| Operating cash flow | $1.0B | $1.1B | −$129M | -11% |
Questions
How much did Comfort Systems USA's revenue grow quarter over quarter in Q3 2026?
Comfort Systems USA's revenue rose $501M (+15%) from $3.3B in Q2 2026 to $3.8B in Q3 2026.
What drove Comfort Systems USA's revenue change in Q3 2026?
New construction +$414M (+17%); Service projects +$45.9M (+32%); Existing building construction +$44.8M (+9%).