EMCOR (EME) Q1 2026

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

EMCOR Group delivered a standout first quarter for fiscal 2026, posting earnings and revenue that cleared Wall Street's expectations by a wide margin as the electrical and mechanical construction giant continued to capitalize on surging demand across… Read more EMCOR Group delivered a standout first quarter for fiscal 2026, posting earnings and revenue that cleared Wall Street's expectations by a wide margin as the electrical and mechanical construction giant continued to capitalize on surging demand across key infrastructure markets. Diluted EPS of $6.84 beat the consensus estimate of $5.90 by 15.85%, while revenue of $4.63 billion topped expectations by 10.23% and grew 19.7% year-over-year, with organic growth of 16.8% after adjusting for acquisitions and the completed sale of UK operations. The quarter's strength was underscored by record remaining performance obligations of $15.62 billion, up 32.9% year-over-year, reflecting particularly robust demand in Network and Communications, Water and Wastewater, and Healthcare sectors. Operating margins expanded to 8.7% from 8.2% a year ago, aided by improving SG&A leverage. Notably, some investors had expressed concern about the company's revenue outlook heading into the print; management's decision to raise full-year 2026 revenue guidance to $18.50 billion to $19.25 billion, alongside a higher diluted EPS range of $28.25 to $29.75, should provide reassurance about the durability of current momentum.