EMCOR Group, Inc. stock research
FY2026 Q1
EMCOR Group (EME) Gross Margin & Quarterly History
Explore EMCOR Group, Inc. (EME) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue and cost of revenue both increased relative to the prior quarter, but gross profit decreased slightly, causing gross margin to weaken. Compared with the same quarter one year earlier, revenue and gross profit were higher while cost of revenue rose, leaving gross margin unchanged.
- Revenue grew at a faster rate than cost of revenue compared with the same quarter one year earlier, resulting in higher gross profit and a stable gross margin. The comparison with the prior quarter shows cost of revenue increased proportionally more than revenue, leading to lower gross profit and a weakened margin.
- Gross margin was stable compared with the year-ago quarter but weakened from the immediately preceding quarter, as gross profit declined despite higher revenue.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
18.7%
Gross profit
$864.0M
Revenue
$4.6B
Cost of revenue
$3.8B
Quarter-over-quarter change
-1.1 pts
Year-over-year change
-0.0 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $4.3B | $833.8M | $3.5B | 19.4% |
| Sep 30, 2025 | $4.3B | $835.3M | $3.5B | 19.4% |
| Dec 31, 2025 | $4.5B | $891.2M | $3.6B | 19.7% |
| Mar 31, 2026 | $4.6B | $864.0M | $3.8B | 18.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-1.1 pts
Year-over-year change
Mar 31, 2025
-0.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Revenue grew at a faster rate than cost of revenue compared with the same quarter one year earlier, resulting in higher gross profit and a stable gross margin. The comparison with the prior quarter shows cost of revenue increased proportionally more than revenue, leading to lower gross profit and a weakened margin.
Gross margin was stable compared with the year-ago quarter but weakened from the immediately preceding quarter, as gross profit declined despite higher revenue.
Monitor the relationship between revenue and cost of revenue in future quarters to see if the recent divergence between revenue growth and gross profit trend persists.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| EMCOR Group, Inc. (EME) | 18.7% |