Comfort Systems' $6.9B Backlog: Is It a Sign of Revenue Growth Ahead?

Key Takeaways FIX's backlog hit a record $6.89B in Q1 2025, up from $5.99B at the end of Q4 2024. Q1 revenues rose 19% year over year to $1.83B, led by tech and industrial market strength. Construction drove 85% of revenues, with 58% from new buildings and 27% from existing ones.Comfort Systems USA (FIX) is gaining solid traction with its growing backlog, which continues to set the stage for sustained revenue growth. The company continues to benefit from broad-based market strength, supported by steady de ...