Form 10-Q · Quarterly report
Comfort Systems USA 10-Q, filed Oct 22, 2026
- Filed
- CIK
- 0001035983
- Accession no.
- 0001104659-26-118159
Summary
Comfort Systems USA operates in two reportable segments — mechanical and electrical construction services — and had 9,399 projects in process as of September 30, 2026, with total aggregate contract price of $35.91 billion, about 95% of it in projects of $2 million or more. The company said roughly 94.7% of its revenue comes from project installation work and 5.3% from maintenance and repair services, and that it manages 52 operating units.
Key points
- Comfort Systems USA had 9,399 projects in process as of September 30, 2026, with a total aggregate contract price of $35.91 billion.
- Projects with contract prices of $2 million or more accounted for $34.03 billion, or about 95%, of aggregate contract price.
- The average project takes six to nine months to complete with an average contract price of approximately $3.8 million.
- About 94.7% of revenue comes from project installation work and 5.3% from maintenance and repair of installed HVAC, electrical, and controls systems.
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 and Analysis of Financial Condition and Results of Operations The following discussion and analysis should be read in conjunction with our historical consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q and the Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended December 31, 2025 (the “Form 10-K”). This discussion contains “forward-looking statements” regarding our business and industry within the meaning of applicable securities laws and regulations. …
An excerpt of the text as filed with the SEC, cut for length.
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