Limbach Reports Third Quarter 2026 Results
Limbach posted record Q3 2026 revenue of $230.5 million, up 24.9% year-over-year, with adjusted EBITDA up 25.9% to $27.4 million. Net income was $9.5 million ($0.79 diluted) and adjusted EPS was $1.37 vs $1.05 a year ago; bookings of $311.2 million produced a 1.4x book-to-bill, and operating cash flow rose to $20.3 million from $13.3 million. The CYMCOR and 1901 acquisitions completed during the quarter added $19.3 million of revenue (10.5% of total) while extending reach into data centers, life sciences and advanced manufacturing, though acquired businesses currently carry lower gross margins.
Key figures
- Eps
- 0.79
- Revenue
- 230460000
- Guidance
- FY26 revenue $760M-$790M (expects at or near high end); Adjusted EBITDA $78M-$84M; FCF ~75% of Adjusted EBITDA
- Revenue Yoy
- 24.9%
- Cash
- 29100000
- Bookings
- 311200000
- Gcr revenue
- 79810000
- Odr revenue
- 150650000
- Adjusted eps
- 1.37
- Book to bill
- 1.4x
- Gross margin
- 23.4%
- Gross profit
- 53840000
- Adjusted ebitda
- 27401000
- Nine month revenue
- 542776000
- Adjusted ebitda yoy
- 25.9%
- Adjusted net income
- 16428000
- Operating cash flow
- 20266000
AI analysis
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