The earnings call highlighted Comfort Systems USA's outstanding financial performance, with record revenue, profit growth, and backlog. The acquisition and dividend increase further underline the company's strong position. However, there are concerns about economic uncertainty and tariff impacts. Despite these, the positive aspects significantly outweigh the challenges.

Company Guidance -

Q3 2025

During the Q2 2025 earnings call, Comfort Systems USA provided robust guidance, highlighting a record-breaking quarterly revenue exceeding $2 billion and an unprecedented earnings per share of $6.53, marking a 75% increase from the previous year. The company also reported a significant backlog of $8.1 billion, supported by strong bookings and demand, particularly in the technology sector. The Mechanical and Electrical segments experienced notable growth, with revenue increases of 13% and 49% respectively, while service revenue rose by double digits. Gross profit was $510 million, reflecting a gross profit percentage of 23.5%, up from 20.1% a year earlier. Operating income surged by over 60% to $300 million, translating to an operating income percentage of 13.8%. The company maintained a 20.7% year-to-date tax rate, which was lower in Q1 due to a $118 million IRS refund. Comfort Systems USA also announced the acquisition of Right Way Plumbing and increased its quarterly dividend to $0.50 per share, signaling continued confidence in future growth and profitability.

Record-Breaking Revenue and Growth

Quarterly revenue exceeded $2 billion for the first time, with an earnings per share increase of 75% year-over-year to $6.53. Revenue for Q2 2025 was $2.2 billion, a 20% increase compared to last year.

Strong Segment Performance

Electric segment revenue grew by 49%, while Mechanical segment revenue increased by 13%. Gross profit margins also improved significantly, with Electrical segment margins increasing to 25.3% from 23.6% a year ago.

Record Backlog Growth

Backlog at the end of Q2 reached a new high of $8.1 billion, a year-over-year increase of 41% and a sequential increase of 18%.

Acquisition and Dividend Increase

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

Strong Free Cash Flow

Free cash flow for Q2 2025 was $222 million, with EBITDA reaching $334 million, a 50% increase from the same quarter last year.

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

Daily Earnings Calendar >

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	$687.67	$702.97	+2.22%
Apr 24, 2025	$375.84	$397.04	+5.64%
Feb 20, 2025	$381.29	$363.20	-4.74%
Oct 24, 2024	$412.24	$369.39	-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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