earnings
confidence high
sentiment negative
materiality 0.75
Limbach Q1 2026: net income down 57% to $4.4M; reaffirms FY guidance
Limbach Holdings, Inc.
2026-Q1 EPS reported
$0.36
revenue$138,859,000
- Net income $4.4M ($0.36 diluted EPS) vs $10.2M ($0.85) YoY; adjusted net income $7.8M ($0.64) vs $13.5M ($1.12)
- Revenue $138.9M (+4.3% YoY); ODR $99.8M (+10.4%), GCR $39.0M (-8.6%); gross margin 22.4% vs 27.6%
- Bookings $209.1M with 1.5x book-to-bill; data center ~27% of bookings
- Adjusted EBITDA $8.7M vs $14.9M; cash used in operations $7.8M vs $2.2M provided
- FY2026 guidance reaffirmed: revenue $730-760M, Adjusted EBITDA $90-94M
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