AI-extracted from the 10-Q filed 2026-07-30 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Record quarterly revenue of $5.15 billion, up 19.8% YoY, with operating income of $547.3 million (10.6% of revenues) and record remaining performance obligations of $17.14 billion.
Biggest Revenue Drivers
United States mechanical construction and facilities services$2.30B+$545.6M YoY
Most significant increase from the network and communications market sector due to greater demand for data center construction projects.
United States electrical construction and facilities services$1.66B+$322.3M YoY
Largest increase within network and communications, predominantly driven by greater demand for data center construction projects; also institutional and hospitality.
Biggest Revenue Drivers
Total revenue: $5.15B+19.8% YoY
United States mechanical construction and facilities services$2.30B+$545.6M YoY
Most significant increase from the network and communications market sector due to greater demand for data center construction projects.
Within United States mechanical construction and facilities services
Network and communications market sector$799.3M35% of segment revenues
Greater demand for data center construction projects.
United States electrical construction and facilities services$1.66B+$322.3M YoY
Largest increase within network and communications, predominantly driven by greater demand for data center construction projects; also institutional and hospitality.
Within United States electrical construction and facilities services
Network and communications market sector$973.0M58% of segment revenues
Predominantly driven by greater demand for data center construction projects.
United States building services$837.7M
Mechanical services division grew on service repair and maintenance volumes, HVAC project and retrofit work, and building automation and controls projects.
Largest Expense Items
Cost of sales$4.13Bvs $3.47B prior year
Rose with revenue growth; gross profit margin still improved to 19.8% from 19.4%.
Selling, general and administrative expenses$475.0M9.2% of revenues vs 9.7%
Greater incentive compensation, salaries from added headcount, rent and occupancy, and IT/cybersecurity costs; included $20.2 million from acquisitions.
Amortization of identifiable intangible assets$34.9Mvs $30.1M prior year
Increase concentrated in the mechanical segment ($9.5 million) following recent acquisitions.
Corporate administration$43.7Mvs $39.2M prior year
Greater employment and information technology costs.
Margins: Gross profit margin rose to 19.8% from 19.4% and operating margin to 10.6% from 9.6%, helped by project execution, favorable mix, and leverage on overhead as SG&A margin fell to 9.2%.
Watch Items from the Filing
Mechanical segment operating margin fell 110 basis points to 12.5% from 13.6% on more construction-manager/prime contractor work and more guaranteed maximum price and cost-plus contracts.
Record remaining performance obligations of $17.14 billion at June 30, 2026, up from $13.25 billion at December 31, 2025, led by data center contract awards.
Four electrical contractor acquisitions with aggregate upfront purchase price of approximately $700 million, to be financed with cash on hand and revolving credit facility borrowings.
Aggregate surety bond exposure of $4.30 billion, approximately 25% of total remaining performance obligations, assuming default on all existing contractual obligations.
PEMEX Deer Park chemical release litigation names subsidiaries Repcon and EIS; two people killed and roughly 200 claim bodily injuries, though management expects insurance to cover much or all.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
15 transactions in EME reported by 4 members of Congress under the STOCK Act, most recent trade Aug 25, 2026. Reported transactions, not recommendations.
About EMCOR Group, Inc. (EME): stock profile, AI score and financials
EMCOR Group, Inc. (EME) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores EME at 68.5/100 on a composite quality score built from its SEC filings, placing it at rank #301 of 2,925 stocks — the top 25% of the AI-ranked universe. EME scores in the top quartile across balance sheet strength (93.2), revenue scale (91.8), revenue growth (75.6). Areas of concern include earnings quality (32.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), EMCOR Group, Inc. reports quarterly revenue of $5.2B, net income of $403.7M, an operating margin of 10.6%. Top institutional holders of EME by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. EME trades on the NYSE exchange and files with the SEC under CIK 105634. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate EME daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for EMCOR Group, Inc. directly from SEC EDGAR.