The earnings call reflected a strongly positive sentiment with record-breaking financial performance, significant backlog growth, and strategic acquisitions. The company expressed confidence in its future prospects despite external economic uncertainties.

Company Guidance

During Comfort Systems USA's Q2 2025 earnings call, the company provided a robust financial outlook and detailed several key metrics highlighting their strong performance. The company reported a record quarterly revenue of $2.2 billion, marking a 20% increase from the previous year, and an unprecedented earnings per share of $6.53, which represents a 75% increase year-over-year. The mechanical and electrical segments showed significant profitability, with electrical segment revenue soaring by 49% and mechanical revenue rising by 13%. The company's backlog reached a new high of $8.1 billion, reflecting a 41% year-over-year increase. Comfort Systems also highlighted a 19% same-store revenue growth and achieved over $300 million in quarterly EBITDA for the first time, a 50% increase from the previous year. Gross profit rose to $510 million, with a gross margin of 23.5%, up from 20.1% in the same quarter last year. Operating income surged by over 60% to $300 million, with an operating margin of 13.8%. Additionally, the company announced the acquisition of Right Way Plumbing, expected to contribute $60 to $70 million in annual revenue, and increased their quarterly dividend by $0.05 to $0.50 per share. Despite economic uncertainties, including tariff ambiguities, the company remains optimistic about continuing strong results into 2026.

Record-Breaking Revenue and EPS Growth

The company achieved its first-ever quarterly revenue exceeding $2 billion and earned $6.53 per share, a 75% increase compared to the previous year.

Significant Increase in Backlog

The backlog reached a record $8.1 billion, a 41% increase year-over-year, and a 37% same-store growth from the previous year.

Strong Segment Performance

Electric segment revenue grew by 49%, while Mechanical segment revenue increased by 13%. Overall, quarterly EBITDA surpassed $300 million, marking a 50% increase year-over-year.

Successful Acquisition and Dividend Increase

Acquired Right Way Plumbing, expected to contribute $60-$70 million in annual revenue, and increased the quarterly dividend by $0.05 to $0.50 per share.

Robust Free Cash Flow and Share Buyback

Free cash flow for the quarter was $222 million, with $111 million spent year-to-date on share repurchases of approximately 326,000 shares.

Comfort Systems (FIX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FIX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	6.22 / -	4.09	―	―	―
Jul 29, 2025	2025 (Q2)	4.83 / 6.53	3.74	74.60% (+2.79)
Apr 24, 2025	2025 (Q1)	3.71 / 4.75	2.69	76.58% (+2.06)
Feb 20, 2025	2024 (Q4)	3.73 / 4.09	2.55	60.39% (+1.54)
Oct 24, 2024	2024 (Q3)	3.97 / 4.09	2.74	49.27% (+1.35)
Jul 25, 2024	2024 (Q2)	3.14 / 3.74	1.93	93.78% (+1.81)
Apr 25, 2024	2024 (Q1)	2.01 / 2.69	1.51	78.15% (+1.18)
Feb 22, 2024	2023 (Q4)	2.21 / 2.55	1.54	65.58% (+1.01)
Oct 26, 2023	2023 (Q3)	2.13 / 2.74	1.67	64.07% (+1.07)
Jul 26, 2023	2023 (Q2)	1.56 / 1.93	1.173	64.54% (+0.76)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FIX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$687.18	$702.47	+2.23%
Apr 24, 2025	$375.58	$396.76	+5.64%
Feb 20, 2025	$381.02	$362.94	-4.75%
Oct 24, 2024	$411.94	$369.13	-10.39%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Comfort Systems USA (FIX) report earnings?

Comfort Systems USA (FIX) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Comfort Systems USA (FIX) earnings time?

Comfort Systems USA (FIX) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is FIX EPS forecast?

FIX EPS forecast for the fiscal quarter 2025 (Q3) is 6.22.

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