Limbach Reports Third Quarter 2026 Results
Business Wire•03/11/2026•16:30 ET
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Key Highlights
- ➤Revenue $230.5 million, up 24.9% year over year
- ➤Adjusted EBITDA $27.4 million, up 25.9% year over year
- ➤Bookings reached $311.2 million, producing a 1.4x book-to-bill ratio
- ➤FY2026 revenue expected at or near the high end of $760 million-$790 million guidance
- ➤FY2026 adjusted EBITDA expected at or near the high end of $78 million-$84 million guidance
Expert Statements
Michael McCann, President and Chief Executive Officer of Limbach
“Our third-quarter results reflect improving customer activity and a return to organic growth in our owner-direct business. We believe some of the project timing issues we discussed earlier this year are beginning to ease, giving us a clearer view of the work ahead. With the improvement in our core business and contributions from two acquisitions completed during the quarter, CYMCOR, Inc. (“CYMCOR”) and 1901 Inc. (“1901”), we are tracking at or near the high end of our revenue and Adjusted EBITDA guidance ranges. Our strategy remains centered on deepening customer relationships and delivering consistent project performance. CYMCOR and 1901 broaden our geographic reach and technical expertise, building on our healthcare and industrial foundation while adding opportunities in data centers, life sciences and advanced manufacturing. We are focused on integrating these businesses and converting customer activity into earnings and cash flow. Our financial flexibility supports continued investment in the business as we look toward 2027, with the same discipline in the work we pursue and the capital we commit.”
Expects Full-Year 2026 Revenue and Adjusted EBITDA to be At or Near the High End of Guidance
Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”), a building systems solutions firm that partners with building owners and operators who have mission-critical mechanical, electrical, plumbing, and controls, or MEPC, systems today announced its financial results for the quarter ended September 30, 2026.
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