Filing Flows › Limbach Holdings (LMB) › How it makes money
How Limbach Holdings (LMB) makes money
Limbach Holdings (LMB) made $230M of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Of every dollar of revenue, 23¢ was left as gross profit, 7¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $230M | 100.0% |
| Cost of revenue | $177M | 76.6% |
| Gross profit | $53.8M | 23.4% |
| Operating expenses | $38.8M | 16.8% |
| Operating profit | $15.1M | 6.5% |
| Income tax | $4.3M | 1.9% |
| Net earnings | $9.4M | 4.1% |
| Operating cash flow | $20.3M | 8.8% |
| Free cash flow | $19.5M | 8.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $230M | +25% |
| Q2 2026 | $173M | +22% |
| Q1 2026 | $139M | +4% |
| Q4 2025 | $187M | +30% |
| Q3 2025 | $185M | +38% |
| Q2 2025 | $142M | +16% |
| Q1 2025 | $133M | +12% |
From Limbach Holdings' 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Limbach Holdings make money?
Limbach Holdings (LMB) made $230M of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Of every dollar of revenue, 23¢ was left as gross profit, 7¢ was left as operating profit, 4¢ was left as net earnings.
What is Limbach Holdings' profit margin?
Net earnings were $9.4M, 4.1% of revenue, in the third quarter 2026; the operating margin was 6.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.