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COMFORT SYSTEMS USA, INC. FY 2025 10-K, explained in plain English

FIX · 10-K for the period ending December 31, 2025, filed February 19, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$9.1B
Gross margin24.1%
Operating income$1.3B
Net income$1.0B
Diluted EPS$28.88
Cash & equivalents$981.9M
Total assets$6.4B
Long-term debt$145.2M

Key takeaway

Comfort Systems generated $9.10 billion in revenue and $1.02 billion in net income for fiscal 2025, supported by strong project execution and workforce utilization.

🔒 4 more takeaways in the full analysis

Beneath the surface

The company's net cash position (cash of $981.9M vs. total debt of $145.2M) is far stronger than the headline debt figure alone suggests, implying minimal leverage risk.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for FIX.

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