---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-030701"
form_type: "8-K"
ticker: "LMB"
cik: "0001606163"
company_name: "Limbach Holdings, Inc."
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:23:22.599058+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Limbach Q1 2026: net income down 57% to $4.4M; reaffirms FY guidance

## Summary
- 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

## SEC filing metadata
- accession: 0001628280-26-030701
- form_type: 8-K
- ticker: LMB
- cik: 0001606163
- company_name: Limbach Holdings, Inc.
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606163/000162828026030701/0001628280-26-030701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606163/000162828026030701/lmb-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-030701
- JSON: https://secwatch.observer/filing/0001628280-26-030701.json
- Plain text: https://secwatch.observer/filing/0001628280-26-030701.txt

## Key facts
- Earnings Releases
  Limbach Holdings, Inc. reported quarter ended March 31, 2026 results: revenue $138.9 million, net income $4.4 million, EPS $0.36 per diluted share. Guidance reaffirmed.
  - Period: quarter ended March 31, 2026
  - Revenue: $138.9 million
  - Net income: $4.4 million
  - EPS: $0.36 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenue increased 4.3% to $138.9 million from $133.1 million • Owner Direct Relationships (“ODR”) revenue increased 10.4%, or $9.4 million, to $99.8 million, or 71.9% of total revenue • Total sales booked during the quarter were $209.1 million, generating a book-to-bill ratio of 1.5x • Net income of $4.4 million, or $0.36 per diluted share, compared to $10.2 million, or $0.85 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606163/000162828026030701/0001628280-26-030701-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.