Comfort Systems USA, Inc. stock research
FY2025 Q2
Comfort Systems USA (FIX) Gross Margin — Quarter Ended Jun 30, 2025
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit grew at a faster pace than cost of revenue, resulting in an improved gross margin.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue increased compared to both the prior quarter and the same quarter last year. Gross profit grew at a faster pace than cost of revenue, resulting in an improved gross margin.
- The gross margin strengthened as gross profit rose more sharply than the cost of revenue, reflecting a favorable relationship between these metrics.
- Compared to the immediately preceding quarter, both revenue and gross profit were higher, and gross margin improved. Relative to the same quarter one year earlier, revenue and gross profit also increased, with gross margin showing a stronger improvement.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
23.5%
Gross profit
$509.9M
Revenue
$2.2B
Cost of revenue
$1.7B
Quarter-over-quarter change
+1.4 pts
Year-over-year change
+3.4 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 |
|---|---|---|---|---|
| Sep 30, 2024 | $1.8B | $381.7M | $1.4B | 21.1% |
| Dec 31, 2024 | $1.9B | $433.7M | $1.4B | 23.2% |
| Mar 31, 2025 | $1.8B | $403.4M | $1.4B | 22.0% |
| Jun 30, 2025 | $2.2B | $509.9M | $1.7B | 23.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+1.4 pts
Year-over-year change
Jun 30, 2024
+3.4 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin strengthened as gross profit rose more sharply than the cost of revenue, reflecting a favorable relationship between these metrics.
Compared to the immediately preceding quarter, both revenue and gross profit were higher, and gross margin improved. Relative to the same quarter one year earlier, revenue and gross profit also increased, with gross margin showing a stronger improvement.
Monitor the trend in costs and estimated earnings in excess of billings, which increased notably from the prior year-end.