Limbach Holdings, Inc. income statement
In fiscal 2025, Limbach Holdings, Inc. reported revenue of $647m, up 24.7% on the year before, operating income of $49.5m (a 7.6% margin) and net income of $39.1m, or $3.23 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 486 | 547 | 553 | 568 | 490 | 497 | 516 | 519 | 647 | 684 |
| Cost of revenue | — | 420 | 487 | 481 | 487 | 404 | 403 | 397 | 375 | 477 | 523 |
| Gross profit | — | 66 | 59 | 72 | 81 | 86 | 94 | 119 | 144 | 169 | 161 |
| Selling, general and administrative | — | 56 | 57 | 63 | 64 | 71 | 78 | 87 | 97 | 110 | 113 |
| General and administrative | 0 | — | — | — | — | — | — | — | — | — | — |
| Operating income | −0 | 6 | 1 | 8 | 17 | 14 | 12 | 29 | 39 | 49 | 39 |
| Interest expense | — | 0 | — | — | — | — | 2 | 2 | 2 | 3 | 4 |
| Net interest income | — | −2 | −3 | −6 | −9 | −3 | −2 | −2 | — | — | — |
| Income before tax | — | 4 | −2 | −2 | 7 | 9 | 10 | 28 | 40 | 49 | 37 |
| Income tax | — | 3 | −1 | −0 | 1 | 3 | 3 | 7 | 9 | 10 | 7 |
| Net income | −0 | 1 | −2 | −2 | 6 | 7 | 7 | 21 | 31 | 39 | 30 |
| Diluted EPS | −$0.04 | −$0.13 | −$0.52 | −$0.23 | $0.72 | $0.66 | $0.64 | $1.76 | $2.57 | $3.23 | $2.50 |
| Diluted shares (average) | 7m | 7m | 8m | 8m | 8m | 10m | 11m | 12m | 12m | 12m | 12m |
| EBITDA | 2 | 15 | 7 | 14 | 23 | 20 | 20 | 38 | 51 | 68 | 58 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 134 | 144 | 133 | 142 | 185 | 187 | 139 | 173 |
| Cost of revenue | 98 | 100 | 96 | 102 | 140 | 139 | 108 | 136 |
| Gross profit | 36 | 44 | 37 | 40 | 45 | 48 | 31 | 37 |
| Selling, general and administrative | 24 | 27 | 27 | 27 | 28 | 28 | 28 | 28 |
| Operating income | 11 | 13 | 8 | 11 | 13 | 18 | 1 | 7 |
| Interest expense | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 11 | 13 | 8 | 11 | 13 | 17 | 1 | 7 |
| Income tax | 3 | 4 | −2 | 3 | 4 | 5 | −4 | 2 |
| Net income | 7 | 10 | 10 | 8 | 9 | 12 | 4 | 5 |
| Diluted EPS | $0.62 | $0.82 | $0.85 | $0.64 | $0.73 | $1.02 | $0.36 | $0.39 |
| EBITDA | 14 | 17 | 12 | 15 | 18 | 23 | 6 | 12 |
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