Form 10-Q · Quarterly report

Emcor 10-Q, filed Oct 29, 2026

Filed
CIK
0000105634
Accession no.
0000105634-26-000130
AI-generated summary

Summary

Emcor reported record third-quarter 2026 revenue of $5.54 billion, up 28.8% from a year earlier, and net income of $399.9 million, or $9.04 per diluted share. The quarter included a $34.0 million non-cash impairment in its US building services segment and $313.3 million of incremental acquisition revenue.

Key points

  • Q3 2026 revenues rose 28.8% to $5.54 billion, a quarterly record; net income was $399.9 million, or $9.04 per diluted share, versus $295.4 million, or $6.57, a year earlier.
  • Operating income was $545.8 million, or 9.8% of revenues, including a $34.0 million non-cash impairment on identifiable intangible assets in the US building services segment.
  • Q3 revenue included $313.3 million of incremental acquisition contribution; the first nine months of 2026 included nine acquisitions for $809.9 million in upfront consideration.
  • Segment revenue was $2.55 billion for US mechanical construction, $1.85 billion for US electrical construction, $852.4 million for US building services, and $287.5 million for US industrial services, with data center construction demand contributing to growth.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT’S DISCUSSION Overview The following table presents selected financial data for the quarters ended September 30, 2026 and 2025 (in thousands, except for percentages and per share data): For the three months ended September 30, 2026 2025 Revenues $ 5,541,520 $ 4,301,529 Revenues increase from prior year 28.8 % 16.4 % Gross profit $ 1,108,218 $ 835,313 Gross profit as a percentage of revenues 20.0 % 19.4 % Impairment loss on identifiable intangible assets $ 34,000 $ — Operating income $ 545,792 $ 405,696 Operating income as a percentage of revenues 9.8 % 9.4 % Net income $ 399,930 $ 295,373 Diluted earnings per common share $ 9.04 $ 6.57 Revenues of $5.54 billion for the…

An excerpt of the text as filed with the SEC, cut for length.

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