event-trade登录编辑
🏢 官网IRFIXCodex · 实盘不做把握 6/10
北京时间·🕒 发布 04:08:00时区推断·⟳ 抓取 04:09:37·⚡ 决策 07-24 04:12:15 +2m38s·95.5 天前

Comfort Systems USA发布2026年二季度业绩,收入和EPS同比大增

公司官方财报显示二季度收入32.66亿美元,同比约+50%,稀释EPS 12.53美元,同比约+92%,经营利润率提升至17.1%。

📄 原文FIX↗ 原文
Comfort Systems USA Reports Second Quarter 2026 Results
For the quarter ended Backlog as of The Company reported net income of The Company will host a webcast and conference c…
不做 Comfort Systems USA(FIX.US)
同一Q2业绩催化已在内部案例库命中“Comfort Systems USA二季度业绩大幅超预期且积压订单继续增长”,当前不重复推卡或建仓。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

🔎 新鲜度:最早出现 2026-07-23 · 扩散 low · price-in 风险 medium ↗

消息传播链

  1. 2026-07-23 16:08 ET官方确认/否认Comfort Systems USA IR一手源原文 ↗
    公司盘后发布2026年二季度业绩,披露收入、利润、EPS和财务表格,是一手源。
    市场反应:FIX.US当日收于1831.15美元,较前收+2.24%,事件发布时美股已收盘。
  2. 2026-07-24其它search_case_library非一手
    内部案例库已命中同一具体催化“Comfort Systems USA二季度业绩大幅超预期且积压订单继续增长”,因此本条按重复处理。

关键理由

  • 公司官方财报显示二季度收入32.66亿美元,同比约+50%,稀释EPS 12.53美元,同比约+92%,经营利润率提升至17.1%。
  • 但该催化已在本系统近72小时内以“Comfort Systems USA二季度业绩大幅超预期且积压订单继续增长”处理过,当前不应重复推卡或重复建仓。
  • FIX.US事件前收盘价已较前日上涨2.24%,近5日上涨8.96%,财报日前已有一定预期交易。

主要风险

  • 财报催化属于排期明牌事件,若盘后/次日高开,容易出现追高和见光死风险。
  • 当前结论主要受去重闸约束;若后续电话会给出新的全年指引上修或重大订单细节,应按新事实另行研判。

反向证据

  • 做多前查反向 · 来源 kb_search · 日期 2026-07-23 · 影响 none
    未命中足以推翻本次业绩正向方向的公司级新增利空,主要风险仍是财报日明牌和高开追涨。
    检索:FIX Comfort Systems USA recent downgrade risk data center construction margin backlog
  • 做多前查反向 · 来源 kb_search · 日期 2026-07-23 · 影响 none
    内部KB未返回可用于证明本条不是重复催化或可新增交易edge的有效公司级材料。
    检索:Comfort Systems USA FIX Q2 2026 earnings backlog consensus data center risk valuation
工具调用 · 历史记录,结果未知(4 种)
  • search_processed_events · 结果未知
  • stock_quote · 结果未知
  • kb_search · 结果未知
  • search_case_library · 结果未知

原文全文

展开原文 · 8,000 字
Comfort Systems USA Reports Second Quarter 2026 Results
For the quarter ended
Backlog as of
The Company reported net income of
The Company will host a webcast and conference call to discuss its financial results and position on
The Company uses any of the following to comply with its disclosure obligations under Regulation FD: press releases,
Certain statements and information in this press release may constitute forward-looking statements regarding our future business expectations, which are subject to applicable securities laws and regulations. The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” or other similar expressions are intended to identify forward-looking statements, which are generally not historic in nature. These forward-looking statements are based on the current expectations and beliefs of
For additional information regarding known material factors that could cause the Company’s results to differ from its projected results, please see its filings with the
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether because of new information, future events, or otherwise, except as otherwise required by law.
— Financial tables follow —
|
|
||||||||||||||||||||||||||||
|
Consolidated Statements of Operations |
||||||||||||||||||||||||||||
|
(In Thousands, Except per Share Amounts) |
||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|
Three Months Ended |
|
Six Months Ended |
||||||||||||||||||||||||
|
|
|
|
|
|
||||||||||||||||||||||||
|
|
|
(Unaudited) |
|
(Unaudited) |
||||||||||||||||||||||||
|
|
|
2026 |
|
% |
|
2025 |
|
% |
|
2026 |
|
% |
|
2025 |
|
% |
||||||||||||
|
Revenue |
|
$ |
3,265,656 |
|
|
100.0 |
% |
|
$ |
2,173,319 |
|
|
100.0 |
% |
|
$ |
6,130,988 |
|
|
100.0 |
% |
|
$ |
4,004,605 |
|
|
100.0 |
% |
|
Cost of services |
|
|
2,421,428 |
|
|
74.1 |
% |
|
|
1,663,422 |
|
|
76.5 |
% |
|
|
4,532,348 |
|
|
73.9 |
% |
|
|
3,091,292 |
|
|
77.2 |
% |
|
Gross profit |
|
|
844,228 |
|
|
25.9 |
% |
|
|
509,897 |
|
|
23.5 |
% |
|
|
1,598,640 |
|
|
26.1 |
% |
|
|
913,313 |
|
|
22.8 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
SG&A |
|
|
287,047 |
|
|
8.8 |
% |
|
|
210,466 |
|
|
9.7 |
% |
|
|
556,043 |
|
|
9.1 |
% |
|
|
405,340 |
|
|
10.1 |
% |
|
Gain on sale of assets |
|
|
(785 |
) |
|
— |
|
|
|
(442 |
) |
|
— |
|
|
|
(1,087 |
) |
|
— |
|
|
|
(998 |
) |
|
— |
|
|
Operating income |
|
|
557,966 |
|
|
17.1 |
% |
|
|
299,873 |
|
|
13.8 |
% |
|
|
1,043,684 |
|
|
17.0 |
% |
|
|
508,971 |
|
|
12.7 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
Interest income, net |
|
|
9,614 |
|
|
0.3 |
% |
|
|
1,214 |
|
|
0.1 |
% |
|
|
15,948 |
|
|
0.3 |
% |
|
|
3,862 |
|
|
0.1 |
% |
|
Changes in the fair value of contingent earn-out obligations |
|
|
(2,045 |
) |
|
(0.1 |
)% |
|
|
(4,073 |
) |
|
(0.2 |
)% |
|
|
(12,415 |
) |
|
(0.2 |
)% |
|
|
(7,831 |
) |
|
(0.2 |
)% |
|
Other income, net |
|
|
708 |
|
|
— |
|
|
|
(530 |
) |
|
— |
|
|
|
1,172 |
|
|
— |
|
|
|
(506 |
) |
|
— |
|
|
Income before income taxes |
|
|
566,243 |
|
|
17.3 |
% |
|
|
296,484 |
|
|
13.6 |
% |
|
|
1,048,389 |
|
|
17.1 |
% |
|
|
504,496 |
|
|
12.6 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
Provision for income taxes |
|
|
124,641 |
|
|
|
|
|
65,636 |
|
|
|
|
|
236,409 |
|
|
|
|
|
104,359 |
|
|
|
||||
|
Net income |
|
$ |
441,602 |
|
|
13.5 |
% |
|
$ |
230,848 |
|
|
10.6 |
% |
|
$ |
811,980 |
|
|
13.2 |
% |
|
$ |
400,137 |
|
|
10.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
Income per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
Basic |
|
$ |
12.54 |
|
|
|
|
$ |
6.54 |
|
|
|
|
$ |
23.06 |
|
|
|
|
$ |
11.30 |
|
|
|
||||
|
Diluted |
|
$ |
12.53 |
|
|
|
|
$ |
6.53 |
|
|
|
|
$ |
23.03 |
|
|
|
|
$ |
11.28 |
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
Shares used in computing income per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
Basic |
|
|
35,221 |
|
|
|
|
|
35,307 |
|
|
|
|
|
35,216 |
|
|
|
|
|
35,415 |
|
|
|
||||
|
Diluted |
|
|
35,254 |
|
|
|
|
|
35,369 |
|
|
|
|
|
35,255 |
|
|
|
|
|
35,486 |
|
|
|
||||
|
Dividends per share |
|
$ |
0.800 |
|
|
|
|
$ |
0.450 |
|
|
|
|
$ |
1.500 |
|
|
|
|
$ |
0.850 |
|
|
|
|
Supplemental Non-GAAP Information — Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“Adjusted EBITDA”) — (Unaudited) (In Thousands) |
||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
Three Months Ended |
|
|
Six Months Ended |
|
||||||||||||||||||||
|
|
|
|
|
|
|
|
||||||||||||||||||||
|
|
|
2026 |
|
% |
|
2025 |
|
% |
|
|
2026 |
|
% |
|
2025 |
|
% |
|
||||||||
|
Net income |
|
$ |
441,602 |
|
|
|
|
$ |
230,848 |
|
|
|
|
|
$ |
811,980 |
|
|
|
|
$ |
400,137 |
|
|
|
|
|
Provision for income taxes |
|
|
124,641 |
|
|
|
|
|
65,636 |
|
|
|
|
|
|
236,409 |
|
|
|
|
|
104,359 |
|
|
|
|
|
Other expense (income), net |
|
|
(708 |
) |
|
|
|
|
530 |
|
|
|
|
|
|
(1,172 |
) |
|
|
|
|
506 |
|
|
|
|
|
Changes in the fair value of contingent earn-out obligations |
|
|
2,045 |
|
|
|
|
|
4,073 |
|
|
|
|
|
|
12,415 |
|
|
|
|
|
7,831 |
|
|
|
|
|
Interest income, net |
|
|
(9,614 |
) |
|
|
|
|
(1,214 |
) |
|
|
|
|
|
(15,948 |
) |
|
|
|
|
(3,862 |
) |
|
|
|
|
Gain on sale of assets |
|
|
(785 |
) |
|
|
|
|
(442 |
) |
|
|
|
|
|
(1,087 |
) |
|
|
|
|
(998 |
) |
|
|
|
|
Amortization |
|
|
23,274 |
|
|
|
|
|
19,791 |
|
|
|
|
|
|
43,668 |
|
|
|
|
|
39,906 |
|
|
|
|
|
Depreciation |
|
|
20,036 |
|
|
|
|
|
14,856 |
|
|
|
|
|
|
38,602 |
|
|
|
|
|
28,866 |
|
|
|
|
|
Adjusted EBITDA |
|
$ |
600,491 |
|
|
18.4 |
% |
$ |
334,078 |
|
|
15.4 |
% |
|
$ |
1,124,867 |
|
|
18.3 |
% |
$ |
576,745 |
|
|
14.4 |
% |
Note: The Company defines adjusted earnings before interest, taxes, depreciation, and amortization (“Adjusted EBITDA”) as net income, provision for income taxes, other expense (income), net, changes in the fair value of contingent earn-out obligations, interest income, net, gain on sale of assets, goodwill impairment, other one-time expenses or gains and depreciation and amortization. Other companies may define Adjusted EBITDA differently. Adjusted EBITDA is presented because it is a financial measure that is frequently requested by third parties. However, Adjusted EBITDA is not considered under generally accepted accounting principles as a primary measure of an entity’s financial results, and accordingly, Adjusted EBITDA should not be considered an alternative to operating income, net income, or cash flows as determined under generally accepted accounting principles and as reported by the Company.
|
|
|||||||
|
Condensed Consolidated Balance Sheets |
|||||||
|
(In Thousands) |
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
2026 |
|
2025 |
|
||
|
|
|
(Unaudited) |
|
|
|
|
|
|
Cash and cash equivalents |
|
$ |
1,854,794 |
|
$ |
981,898 |
|
|
Billed accounts receivable, net |
|
|
3,278,811 |
|
|
2,577,858 |
|
|
Unbilled accounts receivable, net |
|
|
136,617 |
|
|
123,197 |
|
|
Costs and estimated earnings in excess of billings, net |
|
|
144,553 |
|
|
88,817 |
|
|
Other current assets, net |
|
|
373,627 |
|
|
338,783 |
|
|
Total current assets |
|
|
5,788,402 |
|
|
4,110,553 |
|
|
Property and equipment, net |
|
|
653,873 |
|
|
387,952 |
|
|
|
|
|
1,101,475 |
|
|
1,025,515 |
|
|
Identifiable intangible assets, net |
|
|
534,580 |
|
|
485,168 |
|
|
Other noncurrent assets |
|
|
409,476 |
|
|
431,981 |
|
|
Total assets |
|
$ |
8,487,806 |
|
$ |
6,441,169 |
|
|
|
|
|
|
|
|
|
|
|
Current maturities of long-term debt |
|
$ |
215 |
|
$ |
6,163 |
|
|
Accounts payable |
|
|
771,906 |
|
|
696,348 |
|
|
Billings in excess of costs and estimated earnings and deferred revenue |
|
|
3,231,104 |
|
|
2,120,262 |
|
|
Other current liabilities |
|
|
765,539 |
|
|
571,077 |
|
|

决策记录链 · 只追加

每次领取产生一条记录,重新决策追加一条并以 supersedes 指向被替代的记录(ADR 0014)。

这条决策早于决策账本(2026-10-08 起逐条追加),没有追加记录。