Comfort Systems' Margins Rise Again in Q4: Is 2026 Next?

Key Takeaways FIX delivered record 25% quarterly gross margins, led by Mechanical at 24.9% and Electrical at 26.9%.Backlog hit a record $11.9B, nearly doubling year over year on strong tech-sector demand.FIX plans to expand modular capacity to 4M sq ft by 2026 as hyperscalers drive 45% of revenues.Comfort Systems USA, Inc. (FIX) achieved historic profitability, with quarterly gross margins exceeding 25% for the first time in the company's history. Revenue growth remained solid, but the defining feature of t ...