Comfort Systems USA, Inc. (FIX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 2.87B | 2.65B | 2.45B | 2.17B | 1.83B | 1.87B | 1.81B | 1.81B | 1.54B | 1.36B | 1.38B | 1.3B | 1.17B | 1.12B | 1.12B | 1.02B | 885.22M | 856.08M | 833.9M | 713.89M |
| Revenue Growth % | 56.47% | 41.67% | 35.24% | 20.05% | 19.15% | 37.58% | 31.51% | 39.64% | 30.85% | 21.52% | 23.05% | 27.36% | 32.7% | 30.5% | 34.31% | 42.59% | 32.17% | 22.48% | 16.78% | -3.98% |
| Cost of Goods Sold | 2.11B | 1.97B | 1.84B | 1.66B | 1.43B | 1.43B | 1.43B | 1.45B | 1.24B | 1.08B | 1.1B | 1.07B | 969.24M | 905.94M | 917.79M | 842.96M | 732.07M | 702.01M | 674.68M | 587.44M |
| COGS % of Revenue | 73.67% | 74.5% | 75.2% | 76.54% | 77.97% | 76.78% | 78.94% | 79.92% | 80.65% | 79.4% | 79.86% | 82.42% | 82.51% | 81.09% | 81.94% | 82.81% | 82.7% | 82% | 80.91% | 82.29% |
| Gross Profit | 754.41M | 674.72M | 607.87M | 509.9M | 403.42M | 433.74M | 381.71M | 363.6M | 297.36M | 279.69M | 277.5M | 227.92M | 205.41M | 211.25M | 202.22M | 174.99M | 153.14M | 154.07M | 159.21M | 126.45M |
| Gross Margin % | 26.33% | 25.5% | 24.8% | 23.46% | 22.03% | 23.22% | 21.06% | 20.09% | 19.35% | 20.6% | 20.14% | 17.58% | 17.49% | 18.91% | 18.06% | 17.19% | 17.3% | 18% | 19.09% | 17.71% |
| Gross Profit Growth % | 87.01% | 55.56% | 59.25% | 40.24% | 35.66% | 55.08% | 37.56% | 59.53% | 44.77% | 32.4% | 37.22% | 30.25% | 34.13% | 37.11% | 27.02% | 38.38% | 24.03% | 12.46% | 8.16% | -13.21% |
| Operating Expenses | 269M | 249.36M | 229.58M | 210.02M | 194.32M | 207.38M | 178.83M | 178.93M | 161.9M | 159.41M | 142.36M | 135.84M | 134.52M | 131.18M | 120.79M | 118.34M | 117.45M | 104.74M | 95.11M | 87.06M |
| OpEx % of Revenue | 9.39% | 9.42% | 9.37% | 9.66% | 10.61% | 11.1% | 9.87% | 9.88% | 10.53% | 11.74% | 10.33% | 10.48% | 11.45% | 11.74% | 10.78% | 11.63% | 13.27% | 12.23% | 11.41% | 12.19% |
| Selling, General & Admin | 269M | 0 | 229.58M | 210.47M | 194.87M | 207.63M | 180.18M | 179.54M | 162.72M | 160.03M | 142.94M | 136.43M | 135.03M | 131.65M | 121.19M | 118.72M | 117.78M | 105.26M | 95.29M | 87.55M |
| SG&A % of Revenue | 9.39% | - | 9.37% | 9.68% | 10.64% | 11.12% | 9.94% | 9.92% | 10.59% | 11.79% | 10.37% | 10.52% | 11.5% | 11.78% | 10.82% | 11.66% | 13.3% | 12.3% | 11.43% | 12.26% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | -442K | -556K | -252K | -1000K | -611K | -820K | -619K | -579K | -592K | -512K | -473K | -406K | -383K | -323K | -519K | -180K | -491K |
| Operating Income | 485.72M | 426.35M | 378.87M | 299.87M | 209.1M | 226.35M | 202.88M | 184.67M | 135.46M | 120.28M | 135.14M | 92.08M | 70.89M | 80.07M | 81.44M | 56.65M | 35.69M | 49.33M | 64.11M | 39.4M |
| Operating Margin % | 16.95% | 16.11% | 15.46% | 13.8% | 11.42% | 12.12% | 11.19% | 10.2% | 8.81% | 8.86% | 9.81% | 7.1% | 6.03% | 7.17% | 7.27% | 5.57% | 4.03% | 5.76% | 7.69% | 5.52% |
| Operating Income Growth % | 132.29% | 88.35% | 86.74% | 62.38% | 54.36% | 88.19% | 50.13% | 100.55% | 91.1% | 50.21% | 65.95% | 62.54% | 98.61% | 62.31% | 27.04% | 43.8% | 0.24% | 2.17% | 13.09% | -35.37% |
| EBITDA | 485.72M | 463.96M | 423.79M | 334.52M | 243.22M | 261.24M | 239.64M | 223.35M | 170.63M | 141.85M | 155.53M | 112.17M | 90.4M | 100.17M | 101.23M | 77.27M | 56.53M | 68.28M | 82.43M | 55.09M |
| EBITDA Margin % | 16.95% | 17.53% | 17.29% | 15.39% | 13.28% | 13.99% | 13.22% | 12.34% | 11.1% | 10.45% | 11.29% | 8.65% | 7.7% | 8.97% | 9.04% | 7.59% | 6.39% | 7.98% | 9.88% | 7.72% |
| EBITDA Growth % | 99.7% | 77.6% | 76.85% | 49.77% | 42.55% | 84.16% | 54.08% | 99.12% | 88.74% | 41.61% | 53.64% | 45.17% | 59.93% | 46.72% | 22.8% | 40.24% | 9.59% | 8.74% | 14.43% | -30.3% |
| D&A (Non-Cash Add-back) | 0 | 37.61M | 44.91M | 34.65M | 34.13M | 34.88M | 36.75M | 38.68M | 35.17M | 21.58M | 20.39M | 20.09M | 19.52M | 20.1M | 19.79M | 20.62M | 20.84M | 18.94M | 18.33M | 15.7M |
| EBIT | 0 | 421.31M | 373.43M | 298.09M | 209.63M | 186.02M | 189.54M | 171.36M | 124.69M | 110.72M | 127.32M | 89.12M | 69.9M | 73.53M | 78.04M | 56.54M | 39.84M | 51.5M | 62.88M | 44.14M |
| Net Interest Income | 0 | 5.33M | 3.41M | 1.21M | 2.65M | 3.29M | 2.1M | -445K | -30K | 650K | -934K | -3.83M | -2.68M | -4.59M | -3.6M | -3.02M | -2.13M | -1.74M | -1.58M | -1.36M |
| Interest Income | 8.51M | 8.14M | 6.38M | 2.82M | 4.27M | 4.86M | 3.83M | 1.26M | 1.6M | 1.05M | 952K | 92K | 1.4M | 32K | 5K | 6K | 3K | 17K | 1K | 3K |
| Interest Expense | -2.18M | 2.81M | 2.97M | 1.6M | 1.62M | 1.58M | 1.73M | 1.71M | 1.63M | 401.3K | 1.89M | 3.92M | 4.08M | 4.62M | 3.61M | 3.03M | 2.13M | 1.75M | 1.59M | 1.36M |
| Other Income/Expense | -3.57M | -7.85M | -8.42M | -3.39M | -1.09M | -40.32M | -15.07M | -15.02M | -12.4M | -8.55M | -9.71M | -6.88M | -5.06M | -9.87M | -7M | -3.14M | 2.02M | 1.64M | -2.81M | 3.38M |
| Pretax Income | 482.15M | 418.5M | 370.46M | 296.48M | 208.01M | 186.04M | 187.81M | 169.66M | 123.06M | 111.73M | 125.44M | 85.2M | 65.83M | 70.2M | 74.44M | 53.52M | 37.71M | 50.97M | 61.3M | 42.78M |
| Pretax Margin % | 16.83% | 15.82% | 15.11% | 13.64% | 11.36% | 9.96% | 10.36% | 9.37% | 8.01% | 8.23% | 9.1% | 6.57% | 5.6% | 6.28% | 6.65% | 5.26% | 4.26% | 5.95% | 7.35% | 5.99% |
| Income Tax | 111.77M | 87.69M | 78.84M | 65.64M | 38.72M | 40.17M | 41.58M | 35.65M | 26.74M | 20.15M | 20.31M | 15.73M | 8.61M | 14.78M | 12.92M | 11.27M | -49.05M | 13.37M | 15M | 9.82M |
| Effective Tax Rate % | 23.18% | 20.95% | 21.28% | 22.14% | 18.62% | 21.59% | 22.14% | 21.01% | 21.73% | 18.03% | 16.19% | 18.46% | 13.08% | 21.05% | 17.36% | 21.06% | -130.08% | 26.24% | 24.47% | 22.95% |
| Net Income | 370.38M | 330.81M | 291.62M | 230.85M | 169.29M | 145.87M | 146.24M | 134.01M | 96.32M | 91.58M | 105.13M | 69.48M | 57.22M | 55.42M | 61.52M | 42.25M | 86.76M | 37.59M | 46.3M | 32.97M |
| Net Margin % | 12.93% | 12.5% | 11.9% | 10.62% | 9.24% | 7.81% | 8.07% | 7.4% | 6.27% | 6.75% | 7.63% | 5.36% | 4.87% | 4.96% | 5.49% | 4.15% | 9.8% | 4.39% | 5.55% | 4.62% |
| Net Income Growth % | 118.78% | 126.78% | 99.42% | 72.26% | 75.76% | 59.28% | 39.11% | 92.89% | 68.34% | 65.24% | 70.89% | 64.46% | -34.05% | 47.42% | 32.87% | 28.15% | 227.51% | -12.24% | -7.57% | -16.53% |
| Net Income (Continuing) | 370.38M | 330.81M | 291.62M | 230.85M | 169.29M | 145.87M | 146.24M | 134.01M | 96.32M | 91.58M | 105.13M | 69.48M | 57.22M | 55.42M | 61.52M | 42.25M | 86.76M | 37.59M | 46.3M | 32.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 10.51 | 9.37 | 8.25 | 6.53 | 4.75 | 4.09 | 4.09 | 3.74 | 2.69 | 2.55 | 2.93 | 1.93 | 1.59 | 1.54 | 1.71 | 1.17 | 2.40 | 1.03 | 1.27 | 0.90 |
| EPS Growth % | 121.26% | 129.1% | 101.71% | 74.6% | 76.58% | 60.39% | 39.59% | 93.78% | 69.18% | 65.58% | 71.34% | 64.96% | -33.75% | 49.51% | 34.65% | 30% | 228.77% | -11.97% | -6.62% | -16.67% |
| EPS (Basic) | 10.52 | 9.38 | 8.26 | 6.54 | 4.77 | 4.10 | 4.10 | 3.75 | 2.70 | 2.56 | 2.93 | 1.94 | 1.60 | 1.55 | 1.72 | 1.17 | 2.40 | 1.04 | 1.28 | 0.91 |
| Diluted Shares Outstanding | 35.25M | 35.32M | 35.37M | 35.37M | 35.6M | 35.77M | 35.76M | 35.83M | 35.83M | 35.85M | 35.92M | 35.91M | 35.91M | 35.95M | 35.97M | 36.07M | 36.19M | 36.43M | 36.43M | 36.57M |
| Basic Shares Outstanding | 35.21M | 35.26M | 35.31M | 35.31M | 35.52M | 35.69M | 35.67M | 35.75M | 35.74M | 35.75M | 35.82M | 35.82M | 35.81M | 35.83M | 35.85M | 35.97M | 36.08M | 36.3M | 36.3M | 36.4M |
| Dividend Payout Ratio | - | 6.4% | 6.05% | 6.88% | 8.37% | 8.53% | 7.31% | 7.99% | 9.26% | 9.74% | 7.66% | 10.29% | 10.93% | 9.68% | 8.15% | 11.9% | 5.39% | 12.48% | 9.4% | 12.67% |