Filing Flows › Limbach Holdings (LMB) › Q2 2026
Limbach Holdings (LMB) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Limbach Holdings (LMB) reported revenue of $173M for the second quarter 2026 (Q2 2026), +22% from a year earlier and +25% from the quarter before. Operating margin was 4.2%, net earnings $4.7M (2.7% of revenue).
Limbach Holdings, Q2 2026: revenue $173M (+22% year over year), operating margin 4.2%, net earnings $4.7M, operating cash flow $18.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $173M | +25% | +22% |
| Gross profit | $37.3M | +20% | -6% |
| Operating profit | $7.3M | +540% | -32% |
| Net earnings | $4.7M | +8% | -39% |
| Operating cash flow | $18.7M | — | +836% |
| Free cash flow | $18.1M | — | 16× |
What changed
Revenue was $173.5M in Q2 2026, up 22% year over year and up 25% from the previous quarter.
Gross margin was 21.5%, down 6.5 points from Q2 2025. Operating profit was $7.3M, a 4.2% margin (down 3.3 points year over year). Operating profit fell $3.4M even though revenue rose $31.2M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 3% against revenue growth of 22%. Net earnings were $4.7M, down 39% year over year. The effective tax rate was 27.9%.
Operating cash flow was $18.7M (up 836% year over year), 395% of net earnings. Non-cash charges added back $4.3M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $7.6M. Capital expenditures of $639K left free cash flow of $18.1M.
Questions
What was Limbach Holdings' revenue in the second quarter 2026?
Limbach Holdings (LMB) reported revenue of $173M for the second quarter 2026 (Q2 2026), +22% from a year earlier and +25% from the quarter before.
Was Limbach Holdings profitable in the second quarter 2026?
Operating profit was $7.3M (4.2% of revenue) and net earnings $4.7M.
Source: Limbach Holdings 10-Q on SEC EDGAR.