Limbach Q2 net income drops 38.8% to $4.7 million; revenue rises 21.9% to $173.5 million
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LMB• Limbach reports Q2 2026 results
- Limbach Q2 2026 net income fell 38.8% to $4.75 million, or $0.39 per diluted share.
- Revenue rose 21.9% to $173.46 million; bookings were $182 million, producing a 1.1x book-to-bill ratio.
- Gross margin narrowed 6.5 percentage points to 21.5%, with gross profit down 6.4% to $37.29 million.
- Adjusted EBITDA (non-GAAP) dropped 22.3% to $13.94 million.
- FY 2026 revenue outlook was raised to $760 million-$790 million, while adjusted EBITDA (non-GAAP) forecast was cut to $78 million-$84 million.
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Limbach Q2 net income drops 38.8% to $4.7 million; revenue rises 21.9% to $173.5 million - LMB News | Rallies