EMCOR Group, Inc. earnings overview

EME FY2026 Q1 · Calendar Q2 2026

EMCOR Group, Inc.

EMCOR delivered a record Q1 2026, with revenue of $4.63 billion (up 19.7% YoY) and EPS of $6.84 (up 30%), beating consensus on both lines. Data-center construction remained the primary growth engine, with remaining performance obligations rising to $15.62 billion, up 32.9% YoY. Management raised full-year guidance, citing continued demand visibility and disciplined execution. Despite the beat, shares declined 3.5% on the report against a flat SPY, likely reflecting margin-mix concerns as GMP and pass-through contracts take a larger share of new awards.